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

Canaan (CAN) has reported Work In Process for 7 consecutive years, with $23.5 million the latest figure, recorded in Q4 2025.

• In Q4 2025, Work In Process rose 322.98% year-over-year to $23.5 million; the TTM figure through Dec 2025 stood at $23.5 million (up 322.98% YoY), while the FY2025 annual figure was $23.5 million, up 322.98% from the prior year.
• Work In Process climbed to $23.5 million in Q4 2025 per CAN's latest filing, from $5.6 million in the prior quarter.
• Across five years, Work In Process topped out at $36.8 million in Q4 2022 and bottomed at $5.6 million in Q4 2024.
• Historically, Work In Process has averaged $18.8 million across 5 years, with a median of $15.9 million in 2023.
• Annual changes were most pronounced in 2024 — Work In Process sank 64.99% — and 2025, when it surged 322.98%.
• Canaan's Work In Process stood at $12.3 million in 2021, then soared by 199.94% to $36.8 million in 2022, then plunged by 56.75% to $15.9 million in 2023, then tumbled by 64.99% to $5.6 million in 2024, then soared 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.