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

Canaan Inc. is the larger business by last-quarter revenue ($20.8M vs $13.4M, roughly 1.6× Outdoor Holding Co). Outdoor Holding Co runs the higher net margin — 16.7% vs -18.4%, a 35.1% 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.

Vista Outdoor Inc. was an American designer, manufacturer, and marketer that operated in two segments: shooting sports and outdoor products. It was a "house of brands" with more than 40 labels and subsidiaries.

CAN vs POWW — Head-to-Head

Bigger by revenue
CAN
CAN
1.6× larger
CAN
$20.8M
$13.4M
POWW
Higher net margin
POWW
POWW
35.1% more per $
POWW
16.7%
-18.4%
CAN

Income Statement — Q3 FY2025 vs Q3 FY2026

Metric
CAN
CAN
POWW
POWW
Revenue
$20.8M
$13.4M
Net Profit
$-3.8M
$2.2M
Gross Margin
99.9%
87.1%
Operating Margin
-15.9%
14.7%
Net Margin
-18.4%
16.7%
Revenue YoY
-54.1%
Net Profit YoY
108.5%
EPS (diluted)
$-0.05
$0.01

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
POWW
POWW
Q4 25
$20.8M
$13.4M
Q3 25
$13.8M
$12.0M
Q2 25
$11.4M
$11.9M
Q1 25
$12.6M
Q4 24
$12.5M
Q3 24
$10.2M
$12.0M
Q2 24
$4.8M
$12.3M
Q1 24
$-50.7M
Net Profit
CAN
CAN
POWW
POWW
Q4 25
$-3.8M
$2.2M
Q3 25
$-1.5M
$1.4M
Q2 25
$-11.9M
$-6.5M
Q1 25
$-77.5M
Q4 24
$-26.1M
Q3 24
$-10.4M
$-12.4M
Q2 24
$-5.4M
$-14.8M
Q1 24
$-5.2M
Gross Margin
CAN
CAN
POWW
POWW
Q4 25
99.9%
87.1%
Q3 25
99.9%
87.1%
Q2 25
99.9%
87.2%
Q1 25
87.5%
Q4 24
87.4%
Q3 24
99.9%
86.9%
Q2 24
99.8%
85.8%
Q1 24
Operating Margin
CAN
CAN
POWW
POWW
Q4 25
-15.9%
14.7%
Q3 25
-27.0%
5.9%
Q2 25
-45.5%
-50.7%
Q1 25
-213.6%
Q4 24
-163.8%
Q3 24
-77.2%
-50.3%
Q2 24
-193.9%
-50.8%
Q1 24
Net Margin
CAN
CAN
POWW
POWW
Q4 25
-18.4%
16.7%
Q3 25
-11.0%
11.7%
Q2 25
-104.4%
-54.5%
Q1 25
-614.5%
Q4 24
-208.7%
Q3 24
-102.7%
-103.7%
Q2 24
-112.3%
-120.2%
Q1 24
10.3%
EPS (diluted)
CAN
CAN
POWW
POWW
Q4 25
$-0.05
$0.01
Q3 25
$-0.02
$0.01
Q2 25
$-0.25
$-0.06
Q1 25
$-0.67
Q4 24
$-0.23
Q3 24
$-0.11
Q2 24
$-0.13
Q1 24
$-0.05

Balance Sheet & Financial Strength

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

Metric
CAN
CAN
POWW
POWW
Cash + ST InvestmentsLiquidity on hand
$69.9M
Total DebtLower is stronger
$6.2M
Stockholders' EquityBook value
$52.4M
$237.3M
Total Assets
$92.5M
$271.7M
Debt / EquityLower = less leverage
0.12×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CAN
CAN
POWW
POWW
Q4 25
$69.9M
Q3 25
$65.7M
Q2 25
$63.4M
Q1 25
$30.2M
Q4 24
$31.9M
Q3 24
$33.5M
Q2 24
$50.8M
Q1 24
$55.6M
Total Debt
CAN
CAN
POWW
POWW
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
POWW
POWW
Q4 25
$52.4M
$237.3M
Q3 25
$44.7M
$235.4M
Q2 25
$33.8M
$222.5M
Q1 25
$222.0M
Q4 24
$299.6M
Q3 24
$43.6M
$325.6M
Q2 24
$56.8M
$342.5M
Q1 24
$358.0M
Total Assets
CAN
CAN
POWW
POWW
Q4 25
$92.5M
$271.7M
Q3 25
$81.7M
$270.3M
Q2 25
$78.0M
$269.5M
Q1 25
$297.3M
Q4 24
$355.4M
Q3 24
$69.3M
$368.9M
Q2 24
$73.7M
$398.6M
Q1 24
$403.0M
Debt / Equity
CAN
CAN
POWW
POWW
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
POWW
POWW
Operating Cash FlowLast quarter
$5.7M
Free Cash FlowOCF − Capex
$5.0M
FCF MarginFCF / Revenue
37.6%
Capex IntensityCapex / Revenue
4.8%
Cash ConversionOCF / Net Profit
2.55×
TTM Free Cash FlowTrailing 4 quarters
$-2.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CAN
CAN
POWW
POWW
Q4 25
$5.7M
Q3 25
$3.2M
Q2 25
$-6.7M
Q1 25
$-1.5M
Q4 24
$1.3M
Q3 24
$-9.3M
Q2 24
$-547.5K
Q1 24
$4.3M
Free Cash Flow
CAN
CAN
POWW
POWW
Q4 25
$5.0M
Q3 25
$2.5M
Q2 25
$-7.6M
Q1 25
$-2.3M
Q4 24
$720.3K
Q3 24
$-10.6M
Q2 24
$-1.3M
Q1 24
$1.4M
FCF Margin
CAN
CAN
POWW
POWW
Q4 25
37.6%
Q3 25
21.0%
Q2 25
-63.8%
Q1 25
-18.6%
Q4 24
5.8%
Q3 24
-88.3%
Q2 24
-11.0%
Q1 24
-2.8%
Capex Intensity
CAN
CAN
POWW
POWW
Q4 25
4.8%
Q3 25
5.8%
Q2 25
7.5%
Q1 25
6.5%
Q4 24
4.4%
Q3 24
10.4%
Q2 24
6.5%
Q1 24
-5.7%
Cash Conversion
CAN
CAN
POWW
POWW
Q4 25
2.55×
Q3 25
2.29×
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

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

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