Canaan CAN
NASDAQ CAN
$0.31 -0.04 (-11.38%)
As of: Sep 15, 2026 · 3:59 PM EDT

Canaan (CAN) Construction in Progress (2021 - 2026)

Canaan (CAN) posted Construction in Progress of $13.1 million for Q2 2025, up 31.1% quarter-over-quarter from $10.0 million in Q4 2024, and up 57.0% YoY from $8.3 million in Q2 2024.

Analysis

Canaan (CAN) Construction in Progress (2021 - 2026) Analysis & Trends

Canaan (CAN) has 4 years of Construction in Progress data on file, last reported at $13.1 million in Q2 2025.

  • For the quarter ending Q2 2025, Construction in Progress rose 57.0% year-over-year to $13.1 million; the trailing twelve-month figure through Jun 2025 stood at $13.1 million (up 57.0% YoY), and the FY2024 full-year result was $10.0 million, changed N/A from the prior year.
  • Construction in Progress was $13.1 million for Q2 2025 at Canaan, up from $10.0 million in the prior quarter.
  • In the past five years, Construction in Progress ranged from a high of $13.1 million in Q2 2025 to a low of $97223.6 in Q3 2022.
  • A 4-year average of $6.4 million and a median of $7.5 million in 2024 frame the typical range for Construction in Progress.
  • The largest YoY upside for Construction in Progress was 57.0% in 2025 against a maximum downside of 57.0% in 2025.
  • Canaan's Construction in Progress stood at $104012.4 in 2021, then fell by 6.53% to $97223.6 in 2022, then surged by 10165.0% to $10.0 million in 2024, then surged by 31.1% to $13.1 million in 2025.
  • Per Business Quant data, the three most recent Construction in Progress figures were $13.1 million in Q2 2025, $10.0 million in Q4 2024, and $6.6 million in Q3 2024.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Construction in Progress (Qtr)
1 Nvidia 5,133.09 Bn 5,067.87 Bn 72.14 Bn -
2 Broadcom 1,617.10 Bn 1,593.13 Bn 20.46 Bn -
3 Advanced Micro Devices 823.64 Bn 810.53 Bn 6.20 Bn 1.15 Bn
4 Arm Holdings 255.67 Bn 251.79 Bn 1.25 Bn -
5 Marvell Technology 198.91 Bn 194.98 Bn 1.46 Bn -
6 Qualcomm 198.67 Bn 190.37 Bn 5.28 Bn -
7 Monolithic Power Systems 56.10 Bn 54.68 Bn 541.07 Mn -
8 Astera Labs 43.53 Bn 42.28 Bn 287.57 Mn -
9 Credo Technology Group Holding 28.01 Bn 27.24 Bn 309.08 Mn -
10 Canaan 143.86 Mn 77.86 Mn -29.33 Mn 929,000.00
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 929,000.00
Dec 31, 2025 4.37 Mn
Jun 30, 2025 13.08 Mn
Dec 31, 2024 9.98 Mn
Sep 30, 2024 6.59 Mn
Jun 30, 2024 8.33 Mn
Sep 30, 2022 97,223.58
Dec 31, 2021 104,012.38