vs

Side-by-side financial comparison of Canaan Inc. (CAN) and Gossamer Bio, Inc. (GOSS). Click either name above to swap in a different company.

Canaan Inc. is the larger business by last-quarter revenue ($20.8M vs $13.8M, roughly 1.5× Gossamer Bio, Inc.). Canaan Inc. runs the higher net margin — -18.4% vs -342.3%, a 323.9% 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.

Gossamer Bio, Inc. is a clinical-stage biopharmaceutical company focused on discovering, developing and commercializing novel therapeutics for patients with serious immunology, inflammation and oncology conditions. It advances a pipeline of proprietary product candidates across multiple clinical phases, primarily serving healthcare markets in North America and other global regions.

CAN vs GOSS — Head-to-Head

Bigger by revenue
CAN
CAN
1.5× larger
CAN
$20.8M
$13.8M
GOSS
Higher net margin
CAN
CAN
323.9% more per $
CAN
-18.4%
-342.3%
GOSS

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
CAN
CAN
GOSS
GOSS
Revenue
$20.8M
$13.8M
Net Profit
$-3.8M
$-47.2M
Gross Margin
99.9%
Operating Margin
-15.9%
-333.6%
Net Margin
-18.4%
-342.3%
Revenue YoY
47.1%
Net Profit YoY
-43.0%
EPS (diluted)
$-0.05
$-0.21

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
GOSS
GOSS
Q4 25
$20.8M
$13.8M
Q3 25
$13.8M
$13.3M
Q2 25
$11.4M
Q3 24
$10.2M
Q2 24
$4.8M
$95.8M
Q1 24
$0
Q3 23
$0
Q2 23
$0
Net Profit
CAN
CAN
GOSS
GOSS
Q4 25
$-3.8M
$-47.2M
Q3 25
$-1.5M
$-48.2M
Q2 25
$-11.9M
Q3 24
$-10.4M
Q2 24
$-5.4M
$49.2M
Q1 24
$-41.9M
Q3 23
$-40.0M
Q2 23
$-42.5M
Gross Margin
CAN
CAN
GOSS
GOSS
Q4 25
99.9%
Q3 25
99.9%
Q2 25
99.9%
Q3 24
99.9%
Q2 24
99.8%
Q1 24
Q3 23
Q2 23
Operating Margin
CAN
CAN
GOSS
GOSS
Q4 25
-15.9%
-333.6%
Q3 25
-27.0%
-369.4%
Q2 25
-45.5%
Q3 24
-77.2%
Q2 24
-193.9%
54.3%
Q1 24
Q3 23
Q2 23
Net Margin
CAN
CAN
GOSS
GOSS
Q4 25
-18.4%
-342.3%
Q3 25
-11.0%
-362.7%
Q2 25
-104.4%
Q3 24
-102.7%
Q2 24
-112.3%
51.4%
Q1 24
Q3 23
Q2 23
EPS (diluted)
CAN
CAN
GOSS
GOSS
Q4 25
$-0.05
$-0.21
Q3 25
$-0.02
$-0.21
Q2 25
$-0.25
Q3 24
Q2 24
$0.22
Q1 24
$-0.19
Q3 23
$-0.21
Q2 23
$-0.45

Balance Sheet & Financial Strength

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

Metric
CAN
CAN
GOSS
GOSS
Cash + ST InvestmentsLiquidity on hand
$136.9M
Total DebtLower is stronger
$6.2M
Stockholders' EquityBook value
$52.4M
$-122.8M
Total Assets
$92.5M
$172.2M
Debt / EquityLower = less leverage
0.12×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CAN
CAN
GOSS
GOSS
Q4 25
$136.9M
Q3 25
$180.2M
Q2 25
Q3 24
Q2 24
$354.5M
Q1 24
$244.4M
Q3 23
$328.9M
Q2 23
$162.1M
Total Debt
CAN
CAN
GOSS
GOSS
Q4 25
$6.2M
Q3 25
$6.2M
Q2 25
$6.2M
Q3 24
Q2 24
Q1 24
Q3 23
Q2 23
Stockholders' Equity
CAN
CAN
GOSS
GOSS
Q4 25
$52.4M
$-122.8M
Q3 25
$44.7M
$-82.3M
Q2 25
$33.8M
Q3 24
$43.6M
Q2 24
$56.8M
$81.5M
Q1 24
$26.7M
Q3 23
$104.6M
Q2 23
$-62.8M
Total Assets
CAN
CAN
GOSS
GOSS
Q4 25
$92.5M
$172.2M
Q3 25
$81.7M
$208.8M
Q2 25
$78.0M
Q3 24
$69.3M
Q2 24
$73.7M
$373.4M
Q1 24
$259.4M
Q3 23
$347.9M
Q2 23
$181.7M
Debt / Equity
CAN
CAN
GOSS
GOSS
Q4 25
0.12×
Q3 25
0.14×
Q2 25
0.18×
Q3 24
Q2 24
Q1 24
Q3 23
Q2 23

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
GOSS
GOSS
Operating Cash FlowLast quarter
$-48.3M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
0.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CAN
CAN
GOSS
GOSS
Q4 25
$-48.3M
Q3 25
$-36.2M
Q2 25
Q3 24
Q2 24
$116.3M
Q1 24
$-52.3M
Q3 23
$-34.5M
Q2 23
$-38.3M
Capex Intensity
CAN
CAN
GOSS
GOSS
Q4 25
0.0%
Q3 25
0.0%
Q2 25
Q3 24
Q2 24
0.0%
Q1 24
Q3 23
Q2 23
Cash Conversion
CAN
CAN
GOSS
GOSS
Q4 25
Q3 25
Q2 25
Q3 24
Q2 24
2.36×
Q1 24
Q3 23
Q2 23

Financial Flow Comparison

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

Related Comparisons