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Side-by-side financial comparison of Canaan Inc. (CAN) and Epsilon Energy Ltd. (EPSN). Click either name above to swap in a different company.

Canaan Inc. is the larger business by last-quarter revenue ($20.8M vs $14.8M, roughly 1.4× Epsilon Energy Ltd.). Canaan Inc. runs the higher net margin — -18.4% vs -83.9%, a 65.5% 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.

Epsilon Composite is a French company created in 1987 by Stephane LULL, its current CEO. The company was founded in January 1987. Its production site is located in Gaillan, France. Stéphane Lull is the CEO.

CAN vs EPSN — Head-to-Head

Bigger by revenue
CAN
CAN
1.4× larger
CAN
$20.8M
$14.8M
EPSN
Higher net margin
CAN
CAN
65.5% more per $
CAN
-18.4%
-83.9%
EPSN

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
CAN
CAN
EPSN
EPSN
Revenue
$20.8M
$14.8M
Net Profit
$-3.8M
$-12.4M
Gross Margin
99.9%
Operating Margin
-15.9%
-129.0%
Net Margin
-18.4%
-83.9%
Revenue YoY
65.7%
Net Profit YoY
-1535.0%
EPS (diluted)
$-0.05
$-0.55

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.

Revenue
CAN
CAN
EPSN
EPSN
Q4 25
$20.8M
$14.8M
Q3 25
$13.8M
$9.0M
Q2 25
$11.4M
$11.6M
Q1 25
$16.2M
Q4 24
$8.9M
Q3 24
$10.2M
$7.3M
Q2 24
$4.8M
$7.3M
Q1 24
$8.0M
Net Profit
CAN
CAN
EPSN
EPSN
Q4 25
$-3.8M
$-12.4M
Q3 25
$-1.5M
$1.1M
Q2 25
$-11.9M
$1.6M
Q1 25
$4.0M
Q4 24
$-760.8K
Q3 24
$-10.4M
$366.0K
Q2 24
$-5.4M
$815.7K
Q1 24
$1.5M
Gross Margin
CAN
CAN
EPSN
EPSN
Q4 25
99.9%
Q3 25
99.9%
Q2 25
99.9%
Q1 25
Q4 24
Q3 24
99.9%
Q2 24
99.8%
Q1 24
Operating Margin
CAN
CAN
EPSN
EPSN
Q4 25
-15.9%
-129.0%
Q3 25
-27.0%
6.7%
Q2 25
-45.5%
7.1%
Q1 25
44.3%
Q4 24
6.8%
Q3 24
-77.2%
3.3%
Q2 24
-193.9%
16.0%
Q1 24
17.6%
Net Margin
CAN
CAN
EPSN
EPSN
Q4 25
-18.4%
-83.9%
Q3 25
-11.0%
11.9%
Q2 25
-104.4%
13.3%
Q1 25
24.8%
Q4 24
-8.5%
Q3 24
-102.7%
5.0%
Q2 24
-112.3%
11.2%
Q1 24
18.9%
EPS (diluted)
CAN
CAN
EPSN
EPSN
Q4 25
$-0.05
$-0.55
Q3 25
$-0.02
$0.05
Q2 25
$-0.25
$0.07
Q1 25
$0.18
Q4 24
$-0.04
Q3 24
$0.02
Q2 24
$0.04
Q1 24
$0.07

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CAN
CAN
EPSN
EPSN
Cash + ST InvestmentsLiquidity on hand
$9.0M
Total DebtLower is stronger
$6.2M
Stockholders' EquityBook value
$52.4M
$124.7M
Total Assets
$92.5M
$228.2M
Debt / EquityLower = less leverage
0.12×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CAN
CAN
EPSN
EPSN
Q4 25
$9.0M
Q3 25
$12.8M
Q2 25
$9.9M
Q1 25
$6.9M
Q4 24
$6.5M
Q3 24
$8.3M
Q2 24
$8.6M
Q1 24
$2.3M
Total Debt
CAN
CAN
EPSN
EPSN
Q4 25
$6.2M
Q3 25
$6.2M
Q2 25
$6.2M
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Stockholders' Equity
CAN
CAN
EPSN
EPSN
Q4 25
$52.4M
$124.7M
Q3 25
$44.7M
$100.2M
Q2 25
$33.8M
$100.2M
Q1 25
$99.7M
Q4 24
$96.7M
Q3 24
$43.6M
$98.4M
Q2 24
$56.8M
$99.6M
Q1 24
$99.9M
Total Assets
CAN
CAN
EPSN
EPSN
Q4 25
$92.5M
$228.2M
Q3 25
$81.7M
$126.3M
Q2 25
$78.0M
$123.6M
Q1 25
$125.5M
Q4 24
$120.5M
Q3 24
$69.3M
$121.8M
Q2 24
$73.7M
$121.1M
Q1 24
$125.1M
Debt / Equity
CAN
CAN
EPSN
EPSN
Q4 25
0.12×
Q3 25
0.14×
Q2 25
0.18×
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CAN
CAN
EPSN
EPSN
Operating Cash FlowLast quarter
$-277.0K
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CAN
CAN
EPSN
EPSN
Q4 25
$-277.0K
Q3 25
$4.0M
Q2 25
$8.3M
Q1 25
$8.6M
Q4 24
$5.0M
Q3 24
$2.7M
Q2 24
$5.4M
Q1 24
$3.7M
Cash Conversion
CAN
CAN
EPSN
EPSN
Q4 25
Q3 25
3.70×
Q2 25
5.38×
Q1 25
2.14×
Q4 24
Q3 24
7.50×
Q2 24
6.60×
Q1 24
2.45×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CAN
CAN

Segment breakdown not available.

EPSN
EPSN

Gas Oil Ngls And Condensate$13.3M90%
Gas Gathering And Compression$1.5M10%

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