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

Canaan Inc. is the larger business by last-quarter revenue ($20.8M vs $13.3M, roughly 1.6× Stabilis Solutions, Inc.). Stabilis Solutions, Inc. runs the higher net margin — -2.0% vs -18.4%, a 16.5% 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.

Stabilis Solutions, Inc. is a leading North American small-scale liquefied natural gas (LNG) producer and distributor. It supplies LNG fuel, cryogenic services, and full-cycle energy solutions to industrial, remote power, transportation, and commercial clients across the United States and Canada, advancing low-emission energy transition efforts.

CAN vs SLNG — Head-to-Head

Bigger by revenue
CAN
CAN
1.6× larger
CAN
$20.8M
$13.3M
SLNG
Higher net margin
SLNG
SLNG
16.5% more per $
SLNG
-2.0%
-18.4%
CAN

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
CAN
CAN
SLNG
SLNG
Revenue
$20.8M
$13.3M
Net Profit
$-3.8M
$-262.0K
Gross Margin
99.9%
24.7%
Operating Margin
-15.9%
-2.4%
Net Margin
-18.4%
-2.0%
Revenue YoY
-23.3%
Net Profit YoY
-112.4%
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
SLNG
SLNG
Q4 25
$20.8M
$13.3M
Q3 25
$13.8M
$20.3M
Q2 25
$11.4M
$17.3M
Q1 25
$17.3M
Q4 24
$17.3M
Q3 24
$10.2M
$17.6M
Q2 24
$4.8M
$18.6M
Q1 24
$19.8M
Net Profit
CAN
CAN
SLNG
SLNG
Q4 25
$-3.8M
$-262.0K
Q3 25
$-1.5M
$1.1M
Q2 25
$-11.9M
$-613.0K
Q1 25
$-1.6M
Q4 24
$2.1M
Q3 24
$-10.4M
$997.0K
Q2 24
$-5.4M
$27.0K
Q1 24
$1.5M
Gross Margin
CAN
CAN
SLNG
SLNG
Q4 25
99.9%
24.7%
Q3 25
99.9%
27.6%
Q2 25
99.9%
26.5%
Q1 25
26.2%
Q4 24
28.5%
Q3 24
99.9%
28.3%
Q2 24
99.8%
27.1%
Q1 24
31.6%
Operating Margin
CAN
CAN
SLNG
SLNG
Q4 25
-15.9%
-2.4%
Q3 25
-27.0%
5.5%
Q2 25
-45.5%
-2.4%
Q1 25
-9.7%
Q4 24
12.8%
Q3 24
-77.2%
5.0%
Q2 24
-193.9%
2.4%
Q1 24
7.8%
Net Margin
CAN
CAN
SLNG
SLNG
Q4 25
-18.4%
-2.0%
Q3 25
-11.0%
5.5%
Q2 25
-104.4%
-3.5%
Q1 25
-9.2%
Q4 24
12.2%
Q3 24
-102.7%
5.7%
Q2 24
-112.3%
0.1%
Q1 24
7.4%
EPS (diluted)
CAN
CAN
SLNG
SLNG
Q4 25
$-0.05
Q3 25
$-0.02
$0.06
Q2 25
$-0.25
$-0.03
Q1 25
$-0.09
Q4 24
$0.12
Q3 24
$0.05
Q2 24
$0.00
Q1 24
$0.08

Balance Sheet & Financial Strength

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

Metric
CAN
CAN
SLNG
SLNG
Cash + ST InvestmentsLiquidity on hand
$7.5M
Total DebtLower is stronger
$6.2M
$7.9M
Stockholders' EquityBook value
$52.4M
$66.7M
Total Assets
$92.5M
$83.1M
Debt / EquityLower = less leverage
0.12×
0.12×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CAN
CAN
SLNG
SLNG
Q4 25
$7.5M
Q3 25
$10.3M
Q2 25
$12.2M
Q1 25
$9.0M
Q4 24
$9.0M
Q3 24
$12.4M
Q2 24
$11.5M
Q1 24
$8.3M
Total Debt
CAN
CAN
SLNG
SLNG
Q4 25
$6.2M
$7.9M
Q3 25
$6.2M
$8.3M
Q2 25
$6.2M
$7.6M
Q1 25
$8.3M
Q4 24
$8.9M
Q3 24
$9.3M
Q2 24
$8.6M
Q1 24
$9.1M
Stockholders' Equity
CAN
CAN
SLNG
SLNG
Q4 25
$52.4M
$66.7M
Q3 25
$44.7M
$66.7M
Q2 25
$33.8M
$65.5M
Q1 25
$65.9M
Q4 24
$67.0M
Q3 24
$43.6M
$65.4M
Q2 24
$56.8M
$63.7M
Q1 24
$63.2M
Total Assets
CAN
CAN
SLNG
SLNG
Q4 25
$92.5M
$83.1M
Q3 25
$81.7M
$87.1M
Q2 25
$78.0M
$83.2M
Q1 25
$83.1M
Q4 24
$85.6M
Q3 24
$69.3M
$89.3M
Q2 24
$73.7M
$82.6M
Q1 24
$80.6M
Debt / Equity
CAN
CAN
SLNG
SLNG
Q4 25
0.12×
0.12×
Q3 25
0.14×
0.12×
Q2 25
0.18×
0.12×
Q1 25
0.13×
Q4 24
0.13×
Q3 24
0.14×
Q2 24
0.13×
Q1 24
0.14×

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
SLNG
SLNG
Operating Cash FlowLast quarter
$669.0K
Free Cash FlowOCF − Capex
$-2.5M
FCF MarginFCF / Revenue
-18.6%
Capex IntensityCapex / Revenue
23.7%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$462.0K

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CAN
CAN
SLNG
SLNG
Q4 25
$669.0K
Q3 25
$2.4M
Q2 25
$4.5M
Q1 25
$1.0M
Q4 24
$2.2M
Q3 24
$2.6M
Q2 24
$5.0M
Q1 24
$3.9M
Free Cash Flow
CAN
CAN
SLNG
SLNG
Q4 25
$-2.5M
Q3 25
$-1.5M
Q2 25
$3.9M
Q1 25
$538.0K
Q4 24
$-3.4M
Q3 24
$1.2M
Q2 24
$3.7M
Q1 24
$3.1M
FCF Margin
CAN
CAN
SLNG
SLNG
Q4 25
-18.6%
Q3 25
-7.3%
Q2 25
22.4%
Q1 25
3.1%
Q4 24
-19.7%
Q3 24
7.1%
Q2 24
19.7%
Q1 24
15.5%
Capex Intensity
CAN
CAN
SLNG
SLNG
Q4 25
23.7%
Q3 25
19.1%
Q2 25
3.7%
Q1 25
2.8%
Q4 24
32.3%
Q3 24
7.4%
Q2 24
7.4%
Q1 24
4.4%
Cash Conversion
CAN
CAN
SLNG
SLNG
Q4 25
Q3 25
2.14×
Q2 25
Q1 25
Q4 24
1.03×
Q3 24
2.56×
Q2 24
186.59×
Q1 24
2.67×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CAN
CAN

Segment breakdown not available.

SLNG
SLNG

Natural Gas Gathering Transportation Marketing And Processing$11.1M84%
Other$1.3M10%
Services$897.0K7%

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