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| Date | Value |
|---|---|
| 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 |