Canaan Inc.

CANNASDAQTechnology● Active

$0.35

$-0.00(-1.06%)

Market Cap$166387512

P/E Ratio—

52W High$2.22

52W Low$0.3522

Avg Volume9.9M

Open$0.37

Beta2.54

Free Cash Flow Financials Revenue

Canaan Inc. (CAN) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

CAN · free cash flow · updated Jun 8, 2026

Core FCF metrics

CAN · FCF · TTM · margin & CAGR

Free cash flow was $0 for FY2025 (fiscal year ending 2025-12-31), up 100.0% year-over-year The FCF margin was 0.0%.

FY2025 Free Cash Flow$0▲ +100.0% YoY

Trailing 12M (TTM)$0trailing 4 quarters sum

FCF Margin0.0%$0 ÷ revenue

3-Year CAGRN/AN/A — contains negative FCF

5-Year CAGRN/AN/A — contains negative FCF

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

CAN · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$0(0M)$0▲ +100.0%0.0%

FY2024−$199.3M(19M)−$218.6M▼ 72.2%-81.2%

FY2023−$123.6M(3M)−$126.9M▲ +99.0%-60.0%

FY2022−$11.83B(663M)−$12.49B▼ 1100.1%-279.9%

FY2021$1.29B(36M)$1.25B▲ +277.6%25.4%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

CAN · P/FCF · FCF yield · FCF per share

Canaan Inc. (CAN) reported negative free cash flow of —. FCF-based valuation ratios are not meaningful when FCF is negative.

FCF Yield (TTM)

N/A

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

N/A

TTM FCF ÷ Shares Outstanding

Price / FCF

N/A

Share Price ÷ FCF per Share

EV / FCF (TTM)

N/A

Enterprise Value basis

FCF-based valuation ratios are only meaningful when free cash flow is positive. Negative FCF indicates capital expenditures exceeded operating cash flow.

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

CAN · cash flow statement · operating / investing / financing

For FY2025, Canaan Inc. generated $0 in operating cash flow and spent 0M in capital expenditures, yielding $0 in free cash flow.

Operating Activities

+$0.0M

Cash from core business operations

2025-12-31

Investing Activities

+$0.0M

CapEx, acquisitions & investments

2025-12-31

Financing Activities

+$0.0M

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF ($0) − |CapEx| (0M) = FCF ($0)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Technology)

CAN vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Canaan Inc.YOU

CAN

$0+100.0%0.0%

Taiwan Semiconductor Manufacturing Company Limited

Microsoft Corporation

Technology · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Canaan Inc. (CAN) reported free cash flow of $0 for FY2025 (fiscal year ending 2025-12-31), up 100.0% year-over-year. The FCF margin was 0.0%.

Based on available data, Canaan Inc. has maintained positive free cash flow for at least 3 fiscal year(s). FCF peaked at $1.25B in FY2021.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

CAN free cash flow · 8 questions

Canaan Inc. free cash flow was $0 for FY2025, up 100.0% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $0.

CAN free cash flowCAN FCFCAN FCF 2025CAN free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Canaan Inc. · Canaan Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026