Canaan (CAN) Work In Process (2018 - 2025)
Canaan (CAN) posted Work In Process of $23.5 million for Q4 2025, up 322.98% quarter-over-quarter from $5.6 million in Q4 2024, and up 322.98% YoY from $5.6 million in Q4 2024.
Analysis
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.
- For the quarter ending Q4 2025, Work In Process rose 322.98% year-over-year to $23.5 million; the trailing twelve-month figure through Dec 2025 stood at $23.5 million (up 322.98% YoY), and the FY2025 full-year result was $23.5 million, up 322.98% from the prior year.
- Work In Process was $23.5 million for Q4 2025 at Canaan, up from $5.6 million in the prior quarter.
- In the past five years, Work In Process ranged from a high of $36.8 million in Q4 2022 to a low of $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.
- Across the five-year window, Work In Process plunged 64.99% in 2024 and surged 322.98% in 2025, its largest moves.
- Canaan's Work In Process 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.
- Per Business Quant data, the three most recent Work In Process figures were $23.5 million in Q4 2025, $5.6 million in Q4 2024, and $15.9 million in Q4 2023.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (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 |
| 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 |
Historic Data
Download Data
Historic 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 | 27.92 Mn |