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Canaan Inc is a developer of supercomputing chips and the manufacturer of digital blockchain computing equipment and the supplier of the overall scheme for computer software and hardware of digital blockchain. The revenues of the company are derived from the sales of Bitcoin mining machines and related parts and accessories. Geographically, the company derives its maximum revenue from United States.
2013
463
LTM Revenue $421M
LTM EBITDA -$33.7M
$414M
Benchmark forward-looking revenue and EBITDA valuation multiples across generative AI, climate tech, semiconductors, online marketplaces, vertical SaaS and 220 more verticals.
Canaan has a last 12-month revenue (LTM) of $421M and a last 12-month EBITDA of -$33.7M.
In the most recent fiscal year, Canaan achieved revenue of $269M and an EBITDA of -$143M.
Canaan expects next 12-month revenue of XXX and NTM EBITDA of XXX
See Canaan valuation multiples based on analyst estimates| LTM | NTM | Last FY | FY 2025 | FY 2026 | FY 2027 | |
|---|---|---|---|---|---|---|
| Revenue | $421M | XXX | $269M | XXX | XXX | XXX |
| Gross Profit | -$12.6M | XXX | -$84.3M | XXX | XXX | XXX |
| Gross Margin | -3% | XXX | -31% | XXX | XXX | XXX |
| EBITDA | -$33.7M | XXX | -$143M | XXX | XXX | XXX |
| EBITDA Margin | -8% | XXX | -53% | XXX | XXX | XXX |
| EBIT | -$142M | XXX | -$223M | XXX | XXX | XXX |
| EBIT Margin | -34% | XXX | -83% | XXX | XXX | XXX |
| Net Profit | -$170M | XXX | -$250M | XXX | XXX | XXX |
| Net Margin | -40% | XXX | -93% | XXX | XXX | XXX |
| Net Debt | XXX | XXX | n/a | XXX | XXX | XXX |
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As of May 30, 2025, Canaan's stock price is $1.
Canaan has current market cap of $280M, and EV of $414M.
See Canaan trading valuation data| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $414M | $280M | XXX | XXX | XXX | XXX | $-0.55 |
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Start Free TrialAs of May 30, 2025, Canaan has market cap of $280M and EV of $414M.
Canaan's trades at 1.5x EV/Revenue multiple, and -2.9x EV/EBITDA.
Equity research analysts estimate Canaan's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Canaan has a P/E ratio of -1.6x.
See valuation multiples for Canaan and 12K+ public comps| LTM | NTM | Last FY | FY 2025 | FY 2026 | FY 2027 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $280M | XXX | $280M | XXX | XXX | XXX |
| EV (current) | $414M | XXX | $414M | XXX | XXX | XXX |
| EV/Revenue | 1.0x | XXX | 1.5x | XXX | XXX | XXX |
| EV/EBITDA | -12.3x | XXX | -2.9x | XXX | XXX | XXX |
| EV/EBIT | -2.9x | XXX | -1.9x | XXX | XXX | XXX |
| EV/Gross Profit | -32.9x | XXX | n/a | XXX | XXX | XXX |
| P/E | -1.6x | XXX | -1.1x | XXX | XXX | XXX |
| EV/FCF | n/a | XXX | -1.9x | XXX | XXX | XXX |
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Access all public comps and forward-looking valuation multiples like EV/Revenue in 2025, based on equity research analyst estimates.
Start Free TrialCanaan's last 12 month revenue growth is 79%
Canaan's revenue per employee in the last FY averaged $0.6M, while opex per employee averaged $0.3M for the same period.
Canaan's rule of 40 is -75% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Canaan's rule of X is 190% (created by Bessemer, rule of X is another metric relevant for SaaS companies only, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
See operational valuation multiples for Canaan and other 12K+ public comps| LTM | NTM | Last FY | FY 2025 | FY 2026 | FY 2027 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 79% | XXX | 85% | XXX | XXX | XXX |
| EBITDA Margin | -8% | XXX | -53% | XXX | XXX | XXX |
| EBITDA Growth | -341% | XXX | n/a | XXX | XXX | XXX |
| Rule of 40 | -75% | XXX | 26% | XXX | XXX | XXX |
| Bessemer Rule of X | XXX | XXX | 190% | XXX | XXX | XXX |
| Revenue per Employee | XXX | XXX | $0.6M | XXX | XXX | XXX |
| Opex per Employee | XXX | XXX | $0.3M | XXX | XXX | XXX |
| S&M Expenses to Revenue | XXX | XXX | 2% | XXX | XXX | XXX |
| G&A Expenses to Revenue | XXX | XXX | n/a | XXX | XXX | XXX |
| R&D Expenses to Revenue | XXX | XXX | 23% | XXX | XXX | XXX |
| Opex to Revenue | XXX | XXX | 52% | XXX | XXX | XXX |
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Benchmark public comps and private revenue and EBITDA valuation multiples across GRC software, cloud infrastructure, DevOps, online marketplaces and so much more!
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| 2025E | 2026E | 2027E | 2025E | 2026E | 2027E | |
| ASML | XXX | XXX | XXX | XXX | XXX | XXX |
| Besi | XXX | XXX | XXX | XXX | XXX | XXX |
| Signify | XXX | XXX | XXX | XXX | XXX | XXX |
| Nedap | XXX | XXX | XXX | XXX | XXX | XXX |
| TKH Group | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
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Canaan acquired XXX companies to date.
Last acquisition by Canaan was XXXXXXXX, XXXXX XXXXX XXXXXX . Canaan acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX ).
See M&A valuation multiples| Acquired Company | EV | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
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Start Free Trial| When was Canaan founded? | Canaan was founded in 2013. |
| Where is Canaan headquartered? | Canaan is headquartered in United States of America. |
| How many employees does Canaan have? | As of today, Canaan has 463 employees. |
| Who is the CEO of Canaan? | Canaan's CEO is Mr. Nangeng Zhang. |
| Is Canaan publicy listed? | Yes, Canaan is a public company listed on NAS. |
| What is the stock symbol of Canaan? | Canaan trades under CAN ticker. |
| When did Canaan go public? | Canaan went public in 2019. |
| Who are competitors of Canaan? | Similar companies to Canaan include e.g. ASML, Besi, Signify, Nedap. |
| What is the current market cap of Canaan? | Canaan's current market cap is $280M |
| What is the current revenue of Canaan? | Canaan's last 12 months revenue is $421M. |
| What is the current revenue growth of Canaan? | Canaan revenue growth (NTM/LTM) is 79%. |
| What is the current EV/Revenue multiple of Canaan? | Current revenue multiple of Canaan is 1.0x. |
| Is Canaan profitable? | Yes, Canaan is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Canaan? | Canaan's last 12 months EBITDA is -$33.7M. |
| What is Canaan's EBITDA margin? | Canaan's last 12 months EBITDA margin is -8%. |
| What is the current EV/EBITDA multiple of Canaan? | Current EBITDA multiple of Canaan is -12.3x. |
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