 its Q4 earnings Tuesday, posting a 121.1% year-over-year revenue increase to $196.3 million for the fourth quarter of 2025. The Singapore-based ASIC miner manufacturer achieved a gross profit of $14.6 million, reversing a $6.4 million loss from the same period in 2024.

The company attributed the growth to record sales of computing power, which totaled 14.6 EH/s during the quarter for a total of $118.6 million in revenue. Large-scale orders from North American clients, including a landmark deal for 50,000 A15 Pro mining machines, drove the surge in hardware revenue.

bitcoin_Mining

Stacker_Stocks

> Bitcoin miner Canaan (NASDAQ: CAN) [released](https://www.prnewswire.com/news-releases/canaan-inc-reports-unaudited-fourth-quarter-and-full-year-2025-financial-results-302683644.html) its Q4 earnings Tuesday, posting a 121.1% year-over-year revenue increase to $196.3 million for the fourth quarter of 2025. The Singapore-based ASIC miner manufacturer achieved a gross profit of $14.6 million, reversing a $6.4 million loss from the same period in 2024.
>
> The company attributed the growth to record sales of computing power, which totaled 14.6 EH/s during the quarter for a total of $118.6 million in revenue. Large-scale orders from North American clients, including a landmark deal for 50,000 A15 Pro mining machines, drove the surge in hardware revenue.
>
> [**...read more at blockspace.media**](https://blockspace.media/insight/canaan-q4-earnings-can-revenue-doubles-on-record-asic-miner-sales/)