Canaan CAN
Computer Hardware

Canaan trades at 8.7x EV/NTM revenue on a $3.95B enterprise value. Revenue grew -24.3% year over year to $62.7M in the quarter ending March 2026, an annual run rate of $250.0M. Canaan reports a -36.5% gross margin.

ARR ($M)
Net Dollar Retention
--
ARR Growth
--
EV / NTM Revenue
8.7x
Payback Period
EV / Run Rate
15.8x
Price & Key Metrics
Price Performance
Company Details
Share Price: 0.38
Last Filing Date: 2026-03-31
Last Filing: Form
Founding Year: 2013
IPO Year: 2019
% of 52 wk High: 19%
Description
Canaan Inc. engages in the research and development, design, and sale of integrated circuits (IC), and lease of final mining equipment by integrating IC products for bitcoin mining and related components in the People’s Republic of China.
Categories
Computer Hardware
Valuation
Market Cap: 3,941.101
Enterprise Value: 3,952.163
EV / Revenue Run Rate: 15.8x
EV / NTM Revenue: 8.7x
EV / 2026 Revenue Estimates: 8.4x
EV / 2027 Revenue Estimates: --
EV / 2028 Revenue Estimates: --
Key Business Metrics
Net Dollar Retention: --
Customers: --
ARR: --
ARR Growth %: --
ARR/Customer ($K): --
ARR/Employee ($K): --
Revenue
Revenue Run Rate: 250
ARR: --
2026 Revenue Estimates: 470
2027 Revenue Estimates: --
2028 Revenue Estimates: --
LTM Revenue: 509
Last Year Run Rate: 331
Growth
Revenue Growth: -24%
ARR Growth: --
Growth Persistence: --
2026 Revenue Growth Estimates: --
2027 Revenue Growth Estimates: --
2028 Revenue Growth Estimates: --
Financials
Quarterly
Calendar Year
Frequently Asked Questions

How fast is Canaan growing?

Canaan grew revenue -24.3% year over year, reaching $62.7M in the quarter ending March 2026.

What multiple does Canaan trade at?

Canaan trades at 8.7x EV/NTM revenue and 15.8x EV/run-rate, on an enterprise value of $3.95B.

Is Canaan profitable?

For Canaan, operating income was -$54.3M last quarter.

What sector is Canaan in?

Public Comps classifies Canaan under Computer Hardware.

Where does Public Comps get Canaan's data?

Figures come from Canaan's own SEC filings, normalised into a consistent quarterly format and refreshed after each earnings release.