Canaan (CAN) Work In Process (2018 - 2025)
Canaan (CAN) posted Work In Process of $23.54 million for the quarter ended Dec 31, 2025, up 323.0% from $5.57 million a year earlier.
Analysis
Canaan (CAN) Work In Process (2018 - 2025) Analysis & Trends
Since the quarter ended Dec 31, 2018, Canaan has reported Work In Process for 7 quarters.
- Annual Work In Process shows a four-year compound annual growth rate of 18.0% (years ended Dec 2021 to Dec 2025).
- In prior years, Canaan's Work In Process was $5.57 million in the year ended Dec 31, 2024 (-65.0%), $15.9 million in the year ended Dec 31, 2023 (-57.6%), $37.54 million in the year ended Dec 31, 2022 (+209.0%) and $12.15 million in the year ended Dec 31, 2021.
- The figure for the quarter ended Dec 31, 2025 stands as the highest quarterly Work In Process since the quarter ended Dec 31, 2022.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Taiwan Semiconductor Manufacturing | 2,201.10 Bn | 1,827.28 Bn | 27.22 Bn |
| 2 | Advanced Micro Devices | 867.05 Bn | 823.80 Bn | 6.20 Bn |
| 3 | Asml Holding | 613.16 Bn | 568.85 Bn | 5.90 Bn |
| 4 | Applied Materials | 307.59 Bn | 273.03 Bn | 4.59 Bn |
| 5 | Lam Research | 296.67 Bn | 272.72 Bn | 4.30 Bn |
| 6 | Arm Holdings | 236.97 Bn | 222.69 Bn | 1.25 Bn |
| 7 | Kla | 195.01 Bn | 187.18 Bn | 2.24 Bn |
| 8 | ASE Technology Holding | 88.76 Bn | 77.71 Bn | 1.27 Bn |
| 9 | Synopsys | 87.05 Bn | 83.44 Bn | 1.80 Bn |
| 10 | Canaan | 140.21 Mn | -169.23 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 | 37.55 Mn |
| Dec 31, 2021 | 12.30 Mn |
| Dec 31, 2019 | 1.25 Mn |
| Dec 31, 2018 | 28.07 Mn |
API Access
Canaan Work In Process API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=work-in-process&ticker=CAN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "work-in-process", "ticker": "CAN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=work-in-process&ticker=CAN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();