Net margin is the percentage of revenue a company keeps as profit after every expense and tax. It is net income divided by revenue, and the table shows both amounts beside the percentage. A higher net margin means more of each sales dollar reaches the bottom line. One-time gains, write-downs and tax items pass through net income, so a single period's net margin can move for reasons unrelated to the underlying business. Quarterly and annual points each use the amounts filed for that same period, so a single quarter can swing with the seasons.
Canaan Inc. net margin for fiscal 2025 was -39.69%, a change of 53.04% from fiscal 2024.
Canaan Inc. net margin for fiscal 2024 was -92.73%, a change of 103.11% from fiscal 2023.
Canaan Inc. net margin for fiscal 2023 was -195.84%, a 1925.79% decline from fiscal 2022.
Canaan Inc. net margin for fiscal 2022 was 10.73%, a 73.18% decline from fiscal 2021.