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Side-by-side financial comparison of Canaan Inc. (CAN) and LIFECORE BIOMEDICAL, INC. \DE\ (LFCR). Click either name above to swap in a different company.

LIFECORE BIOMEDICAL, INC. \DE\ is the larger business by last-quarter revenue ($31.1M vs $20.8M, roughly 1.5× Canaan Inc.). Canaan Inc. runs the higher net margin — -18.4% vs -32.1%, a 13.7% 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.

LIFECORE BIOMEDICAL, INC. is a biomedical firm focused on developing and manufacturing high-quality hyaluronic acid-based biomaterials. It operates three core segments: medical application products, pharmaceutical solutions, and personal care ingredients, with main markets spanning North America, Europe and the Asia-Pacific, supplying to leading medical device, pharmaceutical and cosmetic brand partners.

CAN vs LFCR — Head-to-Head

Bigger by revenue
LFCR
LFCR
1.5× larger
LFCR
$31.1M
$20.8M
CAN
Higher net margin
CAN
CAN
13.7% more per $
CAN
-18.4%
-32.1%
LFCR

Income Statement — Q3 FY2025 vs Q2 FY2026

Metric
CAN
CAN
LFCR
LFCR
Revenue
$20.8M
$31.1M
Net Profit
$-3.8M
$-10.0M
Gross Margin
99.9%
25.0%
Operating Margin
-15.9%
-9.9%
Net Margin
-18.4%
-32.1%
Revenue YoY
-4.5%
Net Profit YoY
-52.0%
EPS (diluted)
$-0.05
$-0.29

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
LFCR
LFCR
Q4 25
$20.8M
Q3 25
$13.8M
$31.1M
Q2 25
$11.4M
Q1 25
$35.2M
Q4 24
$32.6M
Q3 24
$10.2M
$24.7M
Q2 24
$4.8M
Q1 24
$35.7M
Net Profit
CAN
CAN
LFCR
LFCR
Q4 25
$-3.8M
Q3 25
$-1.5M
$-10.0M
Q2 25
$-11.9M
Q1 25
$-14.8M
Q4 24
$-6.6M
Q3 24
$-10.4M
$-16.2M
Q2 24
$-5.4M
Q1 24
$15.6M
Gross Margin
CAN
CAN
LFCR
LFCR
Q4 25
99.9%
Q3 25
99.9%
25.0%
Q2 25
99.9%
Q1 25
28.0%
Q4 24
34.0%
Q3 24
99.9%
21.8%
Q2 24
99.8%
Q1 24
33.3%
Operating Margin
CAN
CAN
LFCR
LFCR
Q4 25
-15.9%
Q3 25
-27.0%
-9.9%
Q2 25
-45.5%
Q1 25
-25.7%
Q4 24
-6.0%
Q3 24
-77.2%
-46.9%
Q2 24
-193.9%
Q1 24
-2.5%
Net Margin
CAN
CAN
LFCR
LFCR
Q4 25
-18.4%
Q3 25
-11.0%
-32.1%
Q2 25
-104.4%
Q1 25
-42.0%
Q4 24
-20.2%
Q3 24
-102.7%
-65.7%
Q2 24
-112.3%
Q1 24
43.8%
EPS (diluted)
CAN
CAN
LFCR
LFCR
Q4 25
$-0.05
Q3 25
$-0.02
$-0.29
Q2 25
$-0.25
Q1 25
$-0.47
Q4 24
$-0.25
Q3 24
$-0.53
Q2 24
Q1 24
$0.42

Balance Sheet & Financial Strength

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

Metric
CAN
CAN
LFCR
LFCR
Cash + ST InvestmentsLiquidity on hand
$18.9M
Total DebtLower is stronger
$6.2M
$136.0M
Stockholders' EquityBook value
$52.4M
$-10.5M
Total Assets
$92.5M
$235.2M
Debt / EquityLower = less leverage
0.12×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CAN
CAN
LFCR
LFCR
Q4 25
Q3 25
$18.9M
Q2 25
Q1 25
$5.4M
Q4 24
$9.5M
Q3 24
Q2 24
Q1 24
Total Debt
CAN
CAN
LFCR
LFCR
Q4 25
$6.2M
Q3 25
$6.2M
$136.0M
Q2 25
$6.2M
Q1 25
$124.9M
Q4 24
$111.3M
Q3 24
$106.3M
Q2 24
Q1 24
$97.1M
Stockholders' Equity
CAN
CAN
LFCR
LFCR
Q4 25
$52.4M
Q3 25
$44.7M
$-10.5M
Q2 25
$33.8M
Q1 25
$2.2M
Q4 24
$15.4M
Q3 24
$43.6M
$-3.9M
Q2 24
$56.8M
Q1 24
$17.7M
Total Assets
CAN
CAN
LFCR
LFCR
Q4 25
$92.5M
Q3 25
$81.7M
$235.2M
Q2 25
$78.0M
Q1 25
$237.7M
Q4 24
$255.4M
Q3 24
$69.3M
$246.8M
Q2 24
$73.7M
Q1 24
$246.2M
Debt / Equity
CAN
CAN
LFCR
LFCR
Q4 25
0.12×
Q3 25
0.14×
Q2 25
0.18×
Q1 25
56.05×
Q4 24
7.20×
Q3 24
Q2 24
Q1 24
5.49×

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
LFCR
LFCR
Operating Cash FlowLast quarter
$1.8M
Free Cash FlowOCF − Capex
$25.0K
FCF MarginFCF / Revenue
0.1%
Capex IntensityCapex / Revenue
5.6%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-16.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CAN
CAN
LFCR
LFCR
Q4 25
Q3 25
$1.8M
Q2 25
Q1 25
$1.2M
Q4 24
$-6.1M
Q3 24
$-613.0K
Q2 24
Q1 24
$-1.4M
Free Cash Flow
CAN
CAN
LFCR
LFCR
Q4 25
Q3 25
$25.0K
Q2 25
Q1 25
$-4.3M
Q4 24
$-8.6M
Q3 24
$-4.0M
Q2 24
Q1 24
$-7.8M
FCF Margin
CAN
CAN
LFCR
LFCR
Q4 25
Q3 25
0.1%
Q2 25
Q1 25
-12.1%
Q4 24
-26.3%
Q3 24
-16.3%
Q2 24
Q1 24
-21.8%
Capex Intensity
CAN
CAN
LFCR
LFCR
Q4 25
Q3 25
5.6%
Q2 25
Q1 25
15.5%
Q4 24
7.5%
Q3 24
13.9%
Q2 24
Q1 24
17.8%
Cash Conversion
CAN
CAN
LFCR
LFCR
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
-0.09×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CAN
CAN

Segment breakdown not available.

LFCR
LFCR

Transferred At Point In Time$26.6M85%
Transferred Over Time$4.5M15%

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