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

MicroAlgo Inc. is the larger business by last-quarter revenue ($26.3M vs $20.8M, roughly 1.3× Canaan Inc.).

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.

MicroAlgo Inc. is a technology enterprise specializing in custom algorithm optimization solutions. It mainly serves clients across smart city management, industrial internet, and e-commerce sectors, helping enterprises improve operational efficiency, reduce operating costs, and optimize data processing performance for real business scenarios.

CAN vs MLGO — Head-to-Head

Bigger by revenue
MLGO
MLGO
1.3× larger
MLGO
$26.3M
$20.8M
CAN

Income Statement — Q3 FY2025 vs Q2 FY2025

Metric
CAN
CAN
MLGO
MLGO
Revenue
$20.8M
$26.3M
Net Profit
$-3.8M
Gross Margin
99.9%
Operating Margin
-15.9%
Net Margin
-18.4%
Revenue YoY
-35.5%
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.

Revenue
CAN
CAN
MLGO
MLGO
Q4 25
$20.8M
Q3 25
$13.8M
Q2 25
$11.4M
$26.3M
Q4 24
$34.6M
Q3 24
$10.2M
Q2 24
$4.8M
$40.8M
Q2 23
$20.2M
Q1 23
$17.8M
Net Profit
CAN
CAN
MLGO
MLGO
Q4 25
$-3.8M
Q3 25
$-1.5M
Q2 25
$-11.9M
Q4 24
$4.2M
Q3 24
$-10.4M
Q2 24
$-5.4M
Q2 23
$-4.8M
Q1 23
$-1.3M
Gross Margin
CAN
CAN
MLGO
MLGO
Q4 25
99.9%
Q3 25
99.9%
Q2 25
99.9%
Q4 24
26.4%
Q3 24
99.9%
Q2 24
99.8%
Q2 23
33.0%
Q1 23
27.8%
Operating Margin
CAN
CAN
MLGO
MLGO
Q4 25
-15.9%
Q3 25
-27.0%
Q2 25
-45.5%
Q4 24
7.0%
Q3 24
-77.2%
Q2 24
-193.9%
Q2 23
-7.7%
Q1 23
-7.9%
Net Margin
CAN
CAN
MLGO
MLGO
Q4 25
-18.4%
Q3 25
-11.0%
Q2 25
-104.4%
Q4 24
12.1%
Q3 24
-102.7%
Q2 24
-112.3%
Q2 23
-23.7%
Q1 23
-7.1%
EPS (diluted)
CAN
CAN
MLGO
MLGO
Q4 25
$-0.05
Q3 25
$-0.02
Q2 25
$-0.25
Q4 24
$0.56
Q3 24
Q2 24
Q2 23
Q1 23

Balance Sheet & Financial Strength

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

Metric
CAN
CAN
MLGO
MLGO
Cash + ST InvestmentsLiquidity on hand
$319.4M
Total DebtLower is stronger
$6.2M
Stockholders' EquityBook value
$52.4M
$317.6M
Total Assets
$92.5M
$330.8M
Debt / EquityLower = less leverage
0.12×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CAN
CAN
MLGO
MLGO
Q4 25
Q3 25
Q2 25
$319.4M
Q4 24
$164.9M
Q3 24
Q2 24
$66.7M
Q2 23
$19.2M
Q1 23
$21.0M
Total Debt
CAN
CAN
MLGO
MLGO
Q4 25
$6.2M
Q3 25
$6.2M
Q2 25
$6.2M
Q4 24
Q3 24
Q2 24
Q2 23
Q1 23
Stockholders' Equity
CAN
CAN
MLGO
MLGO
Q4 25
$52.4M
Q3 25
$44.7M
Q2 25
$33.8M
$317.6M
Q4 24
$144.9M
Q3 24
$43.6M
Q2 24
$56.8M
$76.0M
Q2 23
$60.4M
Q1 23
$66.7M
Total Assets
CAN
CAN
MLGO
MLGO
Q4 25
$92.5M
Q3 25
$81.7M
Q2 25
$78.0M
$330.8M
Q4 24
$176.3M
Q3 24
$69.3M
Q2 24
$73.7M
$107.6M
Q2 23
$71.8M
Q1 23
$75.6M
Debt / Equity
CAN
CAN
MLGO
MLGO
Q4 25
0.12×
Q3 25
0.14×
Q2 25
0.18×
Q4 24
Q3 24
Q2 24
Q2 23
Q1 23

Financial Flow Comparison

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

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