Canaan Inc. reported earnings results for the fourth quarter and full year ended December 31, 2025. For the fourth quarter, the company reported revenue was USD 196.27 million compared to USD 88.77 million a year ago. Net loss was USD 85.04 million compared to USD 92.9 million a year ago. Basic loss per share from continuing operations was USD 0.1335 compared to USD 0.3255 a year ago. Diluted loss per share from continuing operations was USD 0.1335 compared to USD 0.3255 a year ago.
For the full year, revenue was USD 529.74 million compared to USD 269.32 million a year ago. Net loss was USD 210.27 million compared to USD 249.75 million a year ago. Basic loss per share from continuing operations was USD 0.4485 compared to USD 0.9195 a year ago. Diluted loss per share from continuing operations was USD 0.4485 compared to USD 0.9195 a year ago.