Canaan (CAN) Work In Process (2018 - 2025)

Canaan (CAN) reported Work In Process of $23.5 million for Q4 2025, up 322.98% year-over-year from $5.6 million in Q4 2024, and up 322.98% quarter-over-quarter from $5.6 million in Q4 2024.

Canaan (CAN) Work In Process (2018 - 2025) Analysis & Trends

Canaan (CAN) has 7 years of Work In Process data on file, last reported at $23.5 million in Q4 2025.

  • Work In Process for Q4 2025 came in at $23.5 million, up 322.98% year-over-year; the trailing twelve-month figure through Dec 2025 was $23.5 million (up 322.98% YoY), and the FY2025 annual result was $23.5 million, up 322.98% from the prior year.
  • Work In Process rose to $23.5 million in Q4 2025 per CAN's latest filing, from $5.6 million in the prior quarter.
  • Over five years, Work In Process peaked at $36.8 million in Q4 2022 and troughed at $5.6 million in Q4 2024.
  • A 5-year average of $18.8 million and a median of $15.9 million in 2023 frame the typical range for Work In Process.
  • The sharpest annual moves came in 2024 and 2025: Work In Process sank 64.99% in 2024, then surged 322.98% in 2025.
  • A 5-year view of Work In Process shows it stood at $12.3 million in 2021, then surged by 199.94% to $36.8 million in 2022, then tumbled by 56.75% to $15.9 million in 2023, then slumped by 64.99% to $5.6 million in 2024, then surged by 322.98% to $23.5 million in 2025.
  • Business Quant data shows CAN's Work In Process at $23.5 million in Q4 2025, $5.6 million in Q4 2024, and $15.9 million in Q4 2023.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Dell Technologies 266.21 Bn 254.69 Bn 6.73 Bn
2 Sandisk 230.78 Bn 227.04 Bn 4.66 Bn
3 Arista Networks 194.03 Bn 181.67 Bn 1.68 Bn
4 Seagate Technology Holdings 183.90 Bn 182.75 Bn 1.45 Bn
5 Western Digital 175.01 Bn 171.77 Bn 1.68 Bn
6 Super Micro Computer 24.90 Bn 23.61 Bn 1.02 Bn
7 Everpure 23.71 Bn 22.70 Bn 740.09 Mn
8 Hp 23.64 Bn 19.93 Bn 3.02 Bn
9 IonQ 20.37 Bn 18.35 Bn 15.41 Mn
10 Canaan 2.72 Bn 2.64 Bn -22.91 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 23.54 Mn
Dec 31, 2024 5.57 Mn
Dec 31, 2023 15.90 Mn
Dec 31, 2022 36.76 Mn
Dec 31, 2021 12.26 Mn
Dec 31, 2019 1.24 Mn
Dec 31, 2018 183,534.95