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

Canaan has disclosed Work In Process across 7 years of filings, most recently posting $23.5 million for 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 advanced to $23.5 million in Q4 2025, from $5.6 million in the prior quarter.
• Over the last five years, Work In Process for CAN reached as high as $36.8 million in Q4 2022 and fell as low as $5.6 million in Q4 2024.
• The 5-year median for Work In Process is $15.9 million (2023), against an average of $18.8 million.
• Annual changes were most pronounced in 2024 — Work In Process tumbled 64.99% — and 2025, when it surged 322.98%.
• 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 sank by 56.75% to $15.9 million in 2023, then plunged by 64.99% to $5.6 million in 2024, then surged by 322.98% to $23.5 million in 2025.
• According to Business Quant data, Work In Process over the past three periods registered $23.5 million, $5.6 million, and $15.9 million for Q4 2025, Q4 2024, and Q4 2023 respectively.