Canaan Inc. Reports Unaudited Third Quarter 2025 Financial Results
Canaan Inc. - American Depositary Shares (CAN)
Company Research
Source: PR Newswire
Total revenues of US$150.5 million exceeded guidance, up 104.4% YoY Bitcoin mining revenues reached US$30.6 million, up 241.0 % YoY Cryptocurrency treasury[1] climbed to a milestone of 1,610 BTC and 3,950 ETH as of October-end 2025 SINGAPORE, Nov. 18, 2025 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), an innovator in crypto mining, today announced its unaudited financial results for the three months ended September 30, 2025. Third Quarter 2025 Operating and Financial Highlights Total revenues surged to US$150.5 million, exceeding the high-end of the Company's previous guidance range, representing 104.4% year-over-year and 50.2% quarter-over-quarter growth, underpinned by strong momentum across global sales and bitcoin mining
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CAN
News
- Bitcoin mining in China rebounds, defying 2021 ban [BNN Bloomberg (Canada)]BNN Bloomberg
- Canaan (NASDAQ:CAN) had its price target lowered by analysts at B. Riley from $3.00 to $2.50. They now have a "buy" rating on the stock.MarketBeat
- Canaan (NASDAQ:CAN) had its "buy" rating reaffirmed by analysts at Rosenblatt Securities. They now have a $4.00 price target on the stock.MarketBeat
- Canaan Inc. (CAN) Q3 2025 Earnings Call Transcript [Seeking Alpha]Seeking Alpha
- Canaan Inc (CAN) Q3 2025 Earnings Call Highlights: Record Revenue and Mining Milestones Amid ... [Yahoo! Finance]Yahoo! Finance
CAN
Earnings
- 11/18/25 - Beat
CAN
Sec Filings
- 11/18/25 - Form 6-K
- 11/12/25 - Form 6-K
- 11/7/25 - Form 6-K
- CAN's page on the SEC website