vs

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

Canaan Inc. is the larger business by last-quarter revenue ($20.8M vs $16.4M, roughly 1.3× Ucommune International Ltd). Canaan Inc. runs the higher net margin — -18.4% vs -42.2%, a 23.7% 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.

Ucommune International Ltd., formerly known as UrWork, is a Beijing-based co-working space provider founded in 2015 by Mao Daqing. It is now the second-largest co-working space provider after WeWork, with properties in three dozen cities around the world, including Shanghai, Singapore, Hong Kong and New York City. The company was valued at 1.8 billion US dollars in August 2018, making it the first domestic unicorn in the Chinese co-working space, but by November 2018, Ucommune had completed i...

CAN vs UK — Head-to-Head

Bigger by revenue
CAN
CAN
1.3× larger
CAN
$20.8M
$16.4M
UK
Higher net margin
CAN
CAN
23.7% more per $
CAN
-18.4%
-42.2%
UK

Income Statement — Q3 FY2025 vs Q2 FY2024

Metric
CAN
CAN
UK
UK
Revenue
$20.8M
$16.4M
Net Profit
$-3.8M
$-6.9M
Gross Margin
99.9%
Operating Margin
-15.9%
-23.6%
Net Margin
-18.4%
-42.2%
Revenue YoY
-56.1%
Net Profit YoY
-30.2%
EPS (diluted)
$-0.05
$-8.55

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
UK
UK
Q4 25
$20.8M
Q3 25
$13.8M
Q2 25
$11.4M
Q3 24
$10.2M
Q2 24
$4.8M
$16.4M
Q2 23
$37.2M
Q2 22
$44.4M
Net Profit
CAN
CAN
UK
UK
Q4 25
$-3.8M
Q3 25
$-1.5M
Q2 25
$-11.9M
Q3 24
$-10.4M
Q2 24
$-5.4M
$-6.9M
Q2 23
$-5.3M
Q2 22
$-34.2M
Gross Margin
CAN
CAN
UK
UK
Q4 25
99.9%
Q3 25
99.9%
Q2 25
99.9%
Q3 24
99.9%
Q2 24
99.8%
Q2 23
Q2 22
Operating Margin
CAN
CAN
UK
UK
Q4 25
-15.9%
Q3 25
-27.0%
Q2 25
-45.5%
Q3 24
-77.2%
Q2 24
-193.9%
-23.6%
Q2 23
-22.0%
Q2 22
-86.7%
Net Margin
CAN
CAN
UK
UK
Q4 25
-18.4%
Q3 25
-11.0%
Q2 25
-104.4%
Q3 24
-102.7%
Q2 24
-112.3%
-42.2%
Q2 23
-14.2%
Q2 22
-77.1%
EPS (diluted)
CAN
CAN
UK
UK
Q4 25
$-0.05
Q3 25
$-0.02
Q2 25
$-0.25
Q3 24
Q2 24
$-8.55
Q2 23
$-0.99
Q2 22
$-7.83

Balance Sheet & Financial Strength

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

Metric
CAN
CAN
UK
UK
Cash + ST InvestmentsLiquidity on hand
$10.7M
Total DebtLower is stronger
$6.2M
Stockholders' EquityBook value
$52.4M
$4.7M
Total Assets
$92.5M
$68.0M
Debt / EquityLower = less leverage
0.12×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CAN
CAN
UK
UK
Q4 25
Q3 25
Q2 25
Q3 24
Q2 24
$10.7M
Q2 23
$8.6M
Q2 22
$15.9M
Total Debt
CAN
CAN
UK
UK
Q4 25
$6.2M
Q3 25
$6.2M
Q2 25
$6.2M
Q3 24
Q2 24
Q2 23
$50.9K
Q2 22
$2.1M
Stockholders' Equity
CAN
CAN
UK
UK
Q4 25
$52.4M
Q3 25
$44.7M
Q2 25
$33.8M
Q3 24
$43.6M
Q2 24
$56.8M
$4.7M
Q2 23
$3.0M
Q2 22
$19.6M
Total Assets
CAN
CAN
UK
UK
Q4 25
$92.5M
Q3 25
$81.7M
Q2 25
$78.0M
Q3 24
$69.3M
Q2 24
$73.7M
$68.0M
Q2 23
$103.4M
Q2 22
$200.4M
Debt / Equity
CAN
CAN
UK
UK
Q4 25
0.12×
Q3 25
0.14×
Q2 25
0.18×
Q3 24
Q2 24
Q2 23
0.02×
Q2 22
0.11×

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
UK
UK
Operating Cash FlowLast quarter
$-677.0K
Free Cash FlowOCF − Capex
$-892.0K
FCF MarginFCF / Revenue
-5.5%
Capex IntensityCapex / Revenue
1.3%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CAN
CAN
UK
UK
Q4 25
Q3 25
Q2 25
Q3 24
Q2 24
$-677.0K
Q2 23
$4.2M
Q2 22
$-16.0M
Free Cash Flow
CAN
CAN
UK
UK
Q4 25
Q3 25
Q2 25
Q3 24
Q2 24
$-892.0K
Q2 23
$3.2M
Q2 22
$-19.9M
FCF Margin
CAN
CAN
UK
UK
Q4 25
Q3 25
Q2 25
Q3 24
Q2 24
-5.5%
Q2 23
8.5%
Q2 22
-44.8%
Capex Intensity
CAN
CAN
UK
UK
Q4 25
Q3 25
Q2 25
Q3 24
Q2 24
1.3%
Q2 23
2.8%
Q2 22
8.7%

Financial Flow Comparison

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

Related Comparisons