Canaan Inc. (CAN.US) Surges 9.8% as Q3 Mining Revenue Soars 241% YoY

Stock News

Nov 18, 2025

On Tuesday, shares of Canaan Inc. (CAN.US) rose sharply, gaining 9.8% to $0.9382 at the time of writing. The company reported its Q3 2025 results, posting a GAAP loss per share of $0.05, missing market expectations of a $0.04 profit. However, revenue stood out, reaching $150.5 million, up 104.5% year-over-year and exceeding forecasts.

Canaan's total computing power sales surpassed 10.0 EH/s for the first time, setting a new record. This figure marked a 37.7% YoY and 55.6% quarter-over-quarter increase, reflecting strong global demand for mining rigs amid recovering Bitcoin prices and mining investments.

The company's mining business performed exceptionally well, with Q3 mining revenue surging 241% YoY to $30.6 million, a quarterly record. During the period, Canaan mined 267 Bitcoin, averaging $114,485 per Bitcoin despite rising network difficulty.

For Q4 2025, Canaan expects revenue between $175 million and $205 million, significantly above the consensus estimate of $148.28 million. The company noted that this outlook reflects current market conditions and customer demand but may be adjusted based on future market developments.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

1
2
3
4
5
6
7
8
9
10

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/1194413344"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"1194413344\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/1194413344?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-11-18 23:36","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1194413344","market":"fut","top_or_hot":-1,"title":"Canaan Inc. (CAN.US) Surges 9.8% as Q3 Mining Revenue Soars 241% YoY","media":"Stock News","content":"<p>On Tuesday, shares of Canaan Inc. (CAN.US) rose sharply, gaining 9.8% to $0.9382 at the time of writing. The company reported its Q3 2025 results, posting a GAAP loss per share of $0.05, missing market expectations of a $0.04 profit. However, revenue stood out, reaching $150.5 million, up 104.5% year-over-year and exceeding forecasts.</p>\n<p>Canaan's total computing power sales surpassed 10.0 EH/s for the first time, setting a new record. This figure marked a 37.7% YoY and 55.6% quarter-over-quarter increase, reflecting strong global demand for mining rigs amid recovering Bitcoin prices and mining investments.</p>\n<p>The company's mining business performed exceptionally well, with Q3 mining revenue surging 241% YoY to $30.6 million, a quarterly record. During the period, Canaan mined 267 Bitcoin, averaging $114,485 per Bitcoin despite rising network difficulty.</p>\n<p>For Q4 2025, Canaan expects revenue between $175 million and $205 million, significantly above the consensus estimate of $148.28 million. The company noted that this outlook reflects current market conditions and customer demand but may be adjusted based on future market developments.</p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Canaan Inc. (CAN.US) Surges 9.8% as Q3 Mining Revenue Soars 241% YoY</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCanaan Inc. (CAN.US) Surges 9.8% as Q3 Mining Revenue Soars 241% YoY\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036600163\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock News </p>\n<p class=\"h-time\">2025-11-18 23:36</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>On Tuesday, shares of Canaan Inc. (CAN.US) rose sharply, gaining 9.8% to $0.9382 at the time of writing. The company reported its Q3 2025 results, posting a GAAP loss per share of $0.05, missing market expectations of a $0.04 profit. However, revenue stood out, reaching $150.5 million, up 104.5% year-over-year and exceeding forecasts.</p>\n<p>Canaan's total computing power sales surpassed 10.0 EH/s for the first time, setting a new record. This figure marked a 37.7% YoY and 55.6% quarter-over-quarter increase, reflecting strong global demand for mining rigs amid recovering Bitcoin prices and mining investments.</p>\n<p>The company's mining business performed exceptionally well, with Q3 mining revenue surging 241% YoY to $30.6 million, a quarterly record. During the period, Canaan mined 267 Bitcoin, averaging $114,485 per Bitcoin despite rising network difficulty.</p>\n<p>For Q4 2025, Canaan expects revenue between $175 million and $205 million, significantly above the consensus estimate of $148.28 million. The company noted that this outlook reflects current market conditions and customer demand but may be adjusted based on future market developments.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CAN","symbol_name":"嘉楠科技","start_time":0,"source_url":"","article_id":"1194413344","we_media_id":"1036600163","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1194413344","pubTimestamp":1763480174,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Stock News","introduction":"Global Stock News First-Time Broadcast","home_visible":1,"id":"1036600163","head_image":"https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a"},"summary":"On Tuesday, shares of Canaan Inc. (CAN.US) rose sharply, gaining 9.8% to $0.9382 at the time of writing. The company reported its Q3 2025 results, posting a GAAP loss per share of $0.05, missing...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"CAN":"嘉楠科技","BK4600":"加密货币概念","BK4170":"电脑硬件、储存设备及电脑周边","BK4595":"比特币概念","BK4526":"热门中概股"},"translate_title":"嘉楠耘智(CAN.US)第三季度矿业收入同比飙升241%，股价飙升9.8%","themeId":"d20159c0ca51a93714052563693a9fd9","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CAN":1},"content_text":"On Tuesday, shares of Canaan Inc. (CAN.US) rose sharply, gaining 9.8% to $0.9382 at the time of writing. The company reported its Q3 2025 results, posting a GAAP loss per share of $0.05, missing market expectations of a $0.04 profit. However, revenue stood out, reaching $150.5 million, up 104.5% year-over-year and exceeding forecasts.\nCanaan's total computing power sales surpassed 10.0 EH/s for the first time, setting a new record. This figure marked a 37.7% YoY and 55.6% quarter-over-quarter increase, reflecting strong global demand for mining rigs amid recovering Bitcoin prices and mining investments.\nThe company's mining business performed exceptionally well, with Q3 mining revenue surging 241% YoY to $30.6 million, a quarterly record. During the period, Canaan mined 267 Bitcoin, averaging $114,485 per Bitcoin despite rising network difficulty.\nFor Q4 2025, Canaan expects revenue between $175 million and $205 million, significantly above the consensus estimate of $148.28 million. The company noted that this outlook reflects current market conditions and customer demand but may be adjusted based on future market developments.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"2","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}