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Side-by-side financial comparison of Canaan Inc. (CAN) and Volato Group, Inc. (SOAR). Click either name above to swap in a different company.
Volato Group, Inc. is the larger business by last-quarter revenue ($24.9M vs $20.8M, roughly 1.2× Canaan Inc.). Volato Group, Inc. runs the higher net margin — 14.5% vs -18.4%, a 32.9% 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.
Volato Aeronaves also known as Volato Aeronaves e Compósitos Ltda is a Brazilian aircraft manufacturer.
CAN vs SOAR — Head-to-Head
Income Statement — Q3 FY2025 vs Q2 FY2025
| Metric | | |
|---|---|---|
| Revenue | $20.8M | $24.9M |
| Net Profit | $-3.8M | $3.6M |
| Gross Margin | 99.9% | 15.2% |
| Operating Margin | -15.9% | 3.5% |
| Net Margin | -18.4% | 14.5% |
| Revenue YoY | — | 13632.0% |
| Net Profit YoY | — | 121.3% |
| EPS (diluted) | $-0.05 | $0.75 |
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.
| Q4 25 | $20.8M | — | ||
| Q3 25 | $13.8M | — | ||
| Q2 25 | $11.4M | $24.9M | ||
| Q1 25 | — | $25.5M | ||
| Q3 24 | $10.2M | $38.5M | ||
| Q2 24 | $4.8M | — | ||
| Q4 23 | — | $3.2M | ||
| Q3 23 | — | $3.7M |
| Q4 25 | $-3.8M | — | ||
| Q3 25 | $-1.5M | — | ||
| Q2 25 | $-11.9M | $3.6M | ||
| Q1 25 | — | $455.0K | ||
| Q3 24 | $-10.4M | $-4.4M | ||
| Q2 24 | $-5.4M | — | ||
| Q4 23 | — | — | ||
| Q3 23 | — | $-11.8M |
| Q4 25 | 99.9% | — | ||
| Q3 25 | 99.9% | — | ||
| Q2 25 | 99.9% | 15.2% | ||
| Q1 25 | — | 17.6% | ||
| Q3 24 | 99.9% | 16.6% | ||
| Q2 24 | 99.8% | — | ||
| Q4 23 | — | — | ||
| Q3 23 | — | 8.7% |
| Q4 25 | -15.9% | — | ||
| Q3 25 | -27.0% | — | ||
| Q2 25 | -45.5% | 3.5% | ||
| Q1 25 | — | 9.9% | ||
| Q3 24 | -77.2% | 5.5% | ||
| Q2 24 | -193.9% | — | ||
| Q4 23 | — | — | ||
| Q3 23 | — | -50.2% |
| Q4 25 | -18.4% | — | ||
| Q3 25 | -11.0% | — | ||
| Q2 25 | -104.4% | 14.5% | ||
| Q1 25 | — | 1.8% | ||
| Q3 24 | -102.7% | -11.5% | ||
| Q2 24 | -112.3% | — | ||
| Q4 23 | — | — | ||
| Q3 23 | — | -323.6% |
| Q4 25 | $-0.05 | — | ||
| Q3 25 | $-0.02 | — | ||
| Q2 25 | $-0.25 | $0.75 | ||
| Q1 25 | — | $0.03 | ||
| Q3 24 | — | $-3.76 | ||
| Q2 24 | — | — | ||
| Q4 23 | — | — | ||
| Q3 23 | — | $-0.71 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | — |
| Total DebtLower is stronger | $6.2M | — |
| Stockholders' EquityBook value | $52.4M | $-7.1M |
| Total Assets | $92.5M | $13.0M |
| Debt / EquityLower = less leverage | 0.12× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $6.2M | — | ||
| Q3 25 | $6.2M | — | ||
| Q2 25 | $6.2M | — | ||
| Q1 25 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q4 23 | — | — | ||
| Q3 23 | — | — |
| Q4 25 | $52.4M | — | ||
| Q3 25 | $44.7M | — | ||
| Q2 25 | $33.8M | $-7.1M | ||
| Q1 25 | — | $-15.8M | ||
| Q3 24 | $43.6M | $-19.6M | ||
| Q2 24 | $56.8M | — | ||
| Q4 23 | — | $14.8M | ||
| Q3 23 | — | $-34.8M |
| Q4 25 | $92.5M | — | ||
| Q3 25 | $81.7M | — | ||
| Q2 25 | $78.0M | $13.0M | ||
| Q1 25 | — | $23.4M | ||
| Q3 24 | $69.3M | $47.9M | ||
| Q2 24 | $73.7M | — | ||
| Q4 23 | — | $71.7M | ||
| Q3 23 | — | $70.4M |
| Q4 25 | 0.12× | — | ||
| Q3 25 | 0.14× | — | ||
| Q2 25 | 0.18× | — | ||
| Q1 25 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q4 23 | — | — | ||
| Q3 23 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | — | $848.0K |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | 0.0% |
| Cash ConversionOCF / Net Profit | — | 0.24× |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | $848.0K | ||
| Q1 25 | — | $-312.0K | ||
| Q3 24 | — | $-3.1M | ||
| Q2 24 | — | — | ||
| Q4 23 | — | $-30.4M | ||
| Q3 23 | — | $-10.9M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q3 24 | — | $-3.2M | ||
| Q2 24 | — | — | ||
| Q4 23 | — | $-31.0M | ||
| Q3 23 | — | $-11.1M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q3 24 | — | -8.2% | ||
| Q2 24 | — | — | ||
| Q4 23 | — | -958.0% | ||
| Q3 23 | — | -304.7% |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 0.0% | ||
| Q1 25 | — | 0.0% | ||
| Q3 24 | — | 0.1% | ||
| Q2 24 | — | — | ||
| Q4 23 | — | 19.7% | ||
| Q3 23 | — | 7.4% |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 0.24× | ||
| Q1 25 | — | -0.69× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q4 23 | — | — | ||
| Q3 23 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
