Research analysts who have asked questions during Canaan earnings calls.
Kevin Cassidy
Rosenblatt Securities
7 questions for CAN
Also covers: ADEA, AMBA, BTDR +13 more
KD
Kevin Dede
H.C. Wainwright & Co.
6 questions for CAN
Also covers: ARBK, BTBT, CANG +13 more
MG
Mike Grondahl
Lake Street Capital Markets
4 questions for CAN
Also covers: ABL, ACCS, APLD +35 more
MD
Michael Donovan
H.C. Wainwright & Co.
3 questions for CAN
Also covers: APLD, BITF, BTCY +4 more
Nick Giles
B. Riley Securities
3 questions for CAN
Also covers: AA, AMR, APLD +25 more
BP
Bill Papanastasiou
Keefe, Bruyette & Woods (KBW)
2 questions for CAN
Also covers: ARBK, BITF, BLSH +11 more
Henry Hearle
B. Riley Securities
2 questions for CAN
Also covers: AA, BTBT, HL +1 more
JF
Joe Flynn
Compass Point Research & Trading, LLC
2 questions for CAN
Also covers: SDIG
JT
John Todaro
Needham & Company
2 questions for CAN
Also covers: APLD, BTDR, CIFR +12 more
Mark Palmer
The Benchmark Company, LLC
2 questions for CAN
Also covers: DAVE, GLXY, ICG +4 more
AD
Abdullah Dilawar
Compass Point Research & Trading
1 question for CAN
EE
Edward Engel
Compass Point Research & Trading, LLC
1 question for CAN
Also covers: BULL, EXOD, GLXY +2 more
FB
Fedorchak Belen
B. Riley Securities
1 question for CAN
Fedor Shabalin
B. Riley Securities
1 question for CAN
Also covers: ABTC, BITF, BTDR +4 more
Logan Hennen
Northland Securities
1 question for CAN
Also covers: ECPG, MFIN
MG
Mike Gundahl
Northland Capital Markets
1 question for CAN
Recent press releases and 8-K filings for CAN.
Canaan Inc. Receives Nasdaq Minimum Bid Price Non-Compliance Notice
CAN
Delisting/Listing Issues
- Canaan Inc. received a notice from Nasdaq on January 14, 2026, for non-compliance with Listing Rule 5550(a)(2) because its American depositary shares (ADSs) traded below US$1.00 per share for 30 consecutive business days.
- The company has a 180-calendar-day compliance period, until July 13, 2026, to regain compliance by having its ADSs close at or above US$1.00 per share for at least 10 consecutive business days.
- The Nasdaq notification has no immediate effect on the listing or trading of Canaan's securities.
- Canaan Inc. intends to monitor the closing bid price of its ADSs and will take reasonable measures to regain compliance.
Jan 16, 2026, 2:14 PM
Canaan Inc. Receives Nasdaq Notification Regarding Minimum Bid Requirements
CAN
Delisting/Listing Issues
- Canaan Inc. received a notice from Nasdaq on January 14, 2026, indicating non-compliance with Nasdaq Listing Rule 5550(a)(2) because its American depositary shares (ADSs) closing bid price was below US$1.00 per share for the last 30 consecutive business days.
- The Nasdaq notification has no immediate effect on the listing or trading of the Company's securities.
- Canaan has been granted a 180-calendar-day compliance period, until July 13, 2026, to regain compliance with the minimum bid price requirement.
- To regain compliance, the closing bid price of the Company's ADSs must meet or exceed US$1.00 per share for at least 10 consecutive business days during the compliance period.
- The Company intends to monitor the closing bid price of its ADSs and will take all reasonable measures to regain compliance.
Jan 16, 2026, 2:05 PM
Canaan Reports Strong Q3 2025 Results and Positive Q4 Guidance
CAN
Guidance Update
Revenue Acceleration/Inflection
New Projects/Investments
- Canaan Inc. (CAN) reported $150 million in revenue for the past quarter (Q3 2025), exceeding guidance and representing 104% year-over-year and 50% quarter-over-quarter growth. The company provided Q4 guidance of $175 million-$205 million.
- Revenue streams are diversifying, with 70% from machine sales, 20% from self-mining, and 8.1% from home mining equipment in the last quarter. Strategic initiatives include expanding self-mining through joint ventures and innovative projects like gas-to-computing and greenhouse heating.
- The company held 1,750 BTC on its balance sheet as of December 31st, 2025, and actively uses Bitcoin as collateral to maximize capital efficiency. Canaan also has a share repurchase program in place.
- Canaan unveiled its next-gen Avalon A16 series, a Tier 1 machine with industry-leading energy efficiency, and is gaining market share, positioning itself as the second provider in terms of hash rate delivered. A historical order of over 50,000 machines is set for Q4 delivery.
Jan 15, 2026, 3:15 PM
Canaan Inc. Reports Strong Q3 Performance, Issues Q4 Guidance, and Details Strategic Growth
CAN
Guidance Update
Revenue Acceleration/Inflection
New Projects/Investments
- Canaan Inc. reported Q3 revenue of $150 million, surpassing guidance, with 104% year-over-year and 50% quarter-over-quarter growth, marking its highest revenue in the past 13 quarters. The company also provided Q4 guidance of $175 million-$205 million.
- The company held 1,750 Bitcoins on its balance sheet as of December 31, 2025, and has initiated a share repurchase program.
- Canaan is diversifying its revenue, with the last quarter showing 70% from machine sales, 20% from self-mining, and 8.1% from home mining equipment sales.
- The company is gaining market share, now positioned as the second provider in terms of hash rate delivered, and has unveiled its next-gen Avalon A16 series with an industry-leading 12.8 joules per terahash efficiency.
- Strategic initiatives include establishing a U.S. manufacturing facility, launching a gas-to-computing pilot in Canada, and partnering with Soluna for a 20-megawatt hosting agreement.
Jan 15, 2026, 3:15 PM
Canaan Inc. Reports Strong Q3 Performance and Positive Q4 Outlook
CAN
Revenue Acceleration/Inflection
Guidance Update
New Projects/Investments
- Canaan Inc. reported strong financial results for the past quarter (Q3), with revenue of $150 million, a 104% year-over-year and 50% quarter-over-quarter increase, marking its highest revenue in 13 quarters.
- The company held 1,750 Bitcoins on its balance sheet as of December 31st, 2025, and provided Q4 guidance of $175 million-$205 million in revenue, supported by a historical largest order of over 50,000 machines.
- Canaan is gaining market share, positioning itself as the second provider in terms of hash rate delivered, and continues to innovate with its next-gen Avalon A16 series offering industry-leading energy efficiency.
- Strategic initiatives include expanding self-mining operations through a gas-to-computing pilot in Canada and heat recovery in Canadian greenhouses, alongside an active share repurchase program.
Jan 15, 2026, 3:15 PM
Canaan Inc. provides December 2025 Bitcoin production and mining operation updates
CAN
Share Buyback
New Projects/Investments
- Canaan Inc. reported its cryptocurrency treasury reached record highs of 1,750 BTC and 3,951 ETH as of December 31, 2025.
- The company's deployed hashrate increased by 82% year-over-year, reaching 9.91 EH/s, and its operating hashrate grew by 61% year-over-year to 7.65 EH/s by the end of December 2025.
- For December 2025, Canaan Inc. produced 86 BTC.
- The company renewed its share repurchase program, authorizing the buyback of up to US$30 million of its shares over a 12-month period beginning December 12, 2025.
- Canaan Inc. announced a 3.0 MW proof-of-concept project in Manitoba, Canada, to recover heat from computing systems for greenhouse operations.
Jan 14, 2026, 2:11 PM
Canaan Reports December 2025 Bitcoin Production and Mining Operations Updates
CAN
Share Buyback
New Projects/Investments
- Canaan Inc. reported a record high cryptocurrency treasury as of December 31, 2025, holding 1,750 BTC and 3,951 ETH.
- The company's deployed hashrate increased by 82% year-over-year, reaching 9.91 EH/s, and its operating hashrate grew by 61% year-over-year to 7.65 EH/s by the end of December 2025.
- Global installed power capacity exceeded 250 MW, specifically reaching 250.4 MW by month-end December 2025.
- Canaan's board of directors approved the renewal of a US$30 million share repurchase program on December 17, 2025, for a 12-month period.
Jan 14, 2026, 2:05 PM
Canaan Inc. Renews Share Buyback Program
CAN
Share Buyback
- Canaan Inc. has renewed its share repurchase program, authorizing the buyback of up to US$30 million worth of its American depositary shares (ADSs) or Class A ordinary shares over the next 12 months, starting December 12, 2025.
- The previous US$30 million share repurchase program, which began on May 27, 2025, has expired.
- Under the expired program, Canaan repurchased a total of 6,586,413 ADSs for approximately US$4.9 million, including 1,505,314 ADSs for about US$1.5 million between November 19 and November 27, 2025.
- The company's management views the renewal as a reflection of confidence in its long-term value and strong financial position, with repurchases to be funded by its existing cash balance.
Dec 17, 2025, 2:15 PM
Canaan Inc. reports November 2025 Bitcoin production, strategic investment, and product launch
CAN
New Projects/Investments
Product Launch
Share Buyback
- Canaan Inc. mined 89 BTC in November 2025, bringing its cryptocurrency treasury to 1,730 BTC and 3,951 ETH by month-end.
- The company's month-end deployed hashrate increased to 9.41 EH/s and operating hashrate to 8.12 EH/s in November 2025, with approximately 1 EH/s of additional capacity expected online by year-end.
- On November 4, 2025, Canaan announced a US$72 million strategic investment from institutional firms, aimed at strengthening its balance sheet and funding infrastructure projects.
- Canaan launched its next-generation Avalon® A16 series Bitcoin Mining Machines on October 28, 2025, including the A16XP model with 300 TH/s computing power and 12.8 J/TH energy efficiency.
- As of December 10, 2025, Canaan had repurchased approximately 6.59 million ADSs for about US$4.9 million under its share repurchase program.
Dec 10, 2025, 2:22 PM
Canaan Inc. Provides November 2025 Bitcoin Production and Mining Operation Updates
CAN
New Projects/Investments
Product Launch
Share Buyback
- Canaan Inc. mined 89 BTC in November 2025, and its cryptocurrency treasury reached a record 1,730 BTC and 3,951 ETH by month-end, following the strategic acquisition of 100 BTC.
- The company's deployed hashrate increased to 9.41 EH/s and operational hashrate to 8.12 EH/s in November 2025, with plans to bring online approximately 1 EH/s of mining capacity by year-end.
- Canaan secured a US$72 million strategic investment from institutional firms on November 4, 2025, and launched its next-generation Avalon® A16 series Bitcoin mining machines on October 28, 2025.
- As of December 10, 2025, Canaan had repurchased approximately 6.59 million ADSs for about US$4.9 million under its share repurchase program.
Dec 10, 2025, 2:05 PM
Quarterly earnings call transcripts for Canaan.
Ask Fintool AI Agent
Get instant answers from SEC filings, earnings calls & more