Canaan Inc. (CAN) Reports Q4 Loss of $85M, Outperforms Revenue Forecast

Canaan Inc. (CAN) reported a fourth-quarter loss of $85 million, or 13 cents per share, on February 10, 2026. Results trailed analyst expectations of a 6-cent loss per share, per three Zacks Investment Research analysts. Revenue for the quarter was $196.3 million, exceeding the $175.4 million forecast. For the year, the company recorded a loss of $210.3 million, or 45 cents per share, with revenue of $529.7 million.