vs
Side-by-side financial comparison of BGM Group Ltd. (BGM) and Canaan Inc. (CAN). Click either name above to swap in a different company.
BGM Group Ltd. is the larger business by last-quarter revenue ($29.2M vs $20.8M, roughly 1.4× Canaan Inc.). BGM Group Ltd. runs the higher net margin — 1.5% vs -18.4%, a 19.9% gap on every dollar of revenue.
Canaan Inc., doing business as Canaan Creative and known simply as Canaan, is a Singapore-based computer hardware manufacturer. Established in 2013 by N.G. Zhang, Canaan specializes in Blockchain servers and ASIC microprocessors for use in bitcoin mining.
BGM vs CAN — Head-to-Head
Income Statement — Q2 FY2025 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $29.2M | $20.8M |
| Net Profit | $439.4K | $-3.8M |
| Gross Margin | 7.9% | 99.9% |
| Operating Margin | 0.7% | -15.9% |
| Net Margin | 1.5% | -18.4% |
| Revenue YoY | — | — |
| Net Profit YoY | — | — |
| EPS (diluted) | — | $-0.05 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | — | $20.8M | ||
| Q3 25 | — | $13.8M | ||
| Q2 25 | — | $11.4M | ||
| Q1 25 | $29.2M | — | ||
| Q3 24 | $22.8M | $10.2M | ||
| Q2 24 | — | $4.8M | ||
| Q1 24 | $32.1M | — | ||
| Q1 23 | $32.1M | — |
| Q4 25 | — | $-3.8M | ||
| Q3 25 | — | $-1.5M | ||
| Q2 25 | — | $-11.9M | ||
| Q1 25 | $439.4K | — | ||
| Q3 24 | — | $-10.4M | ||
| Q2 24 | — | $-5.4M | ||
| Q1 24 | $249.7K | — | ||
| Q1 23 | $249.7K | — |
| Q4 25 | — | 99.9% | ||
| Q3 25 | — | 99.9% | ||
| Q2 25 | — | 99.9% | ||
| Q1 25 | 7.9% | — | ||
| Q3 24 | — | 99.9% | ||
| Q2 24 | — | 99.8% | ||
| Q1 24 | 10.9% | — | ||
| Q1 23 | 10.9% | — |
| Q4 25 | — | -15.9% | ||
| Q3 25 | — | -27.0% | ||
| Q2 25 | — | -45.5% | ||
| Q1 25 | 0.7% | — | ||
| Q3 24 | -3.8% | -77.2% | ||
| Q2 24 | — | -193.9% | ||
| Q1 24 | 3.8% | — | ||
| Q1 23 | 3.8% | — |
| Q4 25 | — | -18.4% | ||
| Q3 25 | — | -11.0% | ||
| Q2 25 | — | -104.4% | ||
| Q1 25 | 1.5% | — | ||
| Q3 24 | — | -102.7% | ||
| Q2 24 | — | -112.3% | ||
| Q1 24 | 0.8% | — | ||
| Q1 23 | 0.8% | — |
| Q4 25 | — | $-0.05 | ||
| Q3 25 | — | $-0.02 | ||
| Q2 25 | — | $-0.25 | ||
| Q1 25 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — | ||
| Q1 23 | — | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $9.7M | — |
| Total DebtLower is stronger | — | $6.2M |
| Stockholders' EquityBook value | $182.1M | $52.4M |
| Total Assets | $207.4M | $92.5M |
| Debt / EquityLower = less leverage | — | 0.12× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | $9.7M | — | ||
| Q3 24 | $599.4K | — | ||
| Q2 24 | — | — | ||
| Q1 24 | $10.3M | — | ||
| Q1 23 | — | — |
| Q4 25 | — | $6.2M | ||
| Q3 25 | — | $6.2M | ||
| Q2 25 | — | $6.2M | ||
| Q1 25 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — | ||
| Q1 23 | — | — |
| Q4 25 | — | $52.4M | ||
| Q3 25 | — | $44.7M | ||
| Q2 25 | — | $33.8M | ||
| Q1 25 | $182.1M | — | ||
| Q3 24 | $9.8M | $43.6M | ||
| Q2 24 | — | $56.8M | ||
| Q1 24 | $43.4M | — | ||
| Q1 23 | $53.1M | — |
| Q4 25 | — | $92.5M | ||
| Q3 25 | — | $81.7M | ||
| Q2 25 | — | $78.0M | ||
| Q1 25 | $207.4M | — | ||
| Q3 24 | $26.0M | $69.3M | ||
| Q2 24 | — | $73.7M | ||
| Q1 24 | $49.9M | — | ||
| Q1 23 | $64.5M | — |
| Q4 25 | — | 0.12× | ||
| Q3 25 | — | 0.14× | ||
| Q2 25 | — | 0.18× | ||
| Q1 25 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — | ||
| Q1 23 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BGM
| Other | $17.4M | 60% |
| Cost of revenue | $11.8M | 40% |
CAN
Segment breakdown not available.
