Canaan CAN
NASDAQ CAN
$0.31 -0.04 (-11.38%)
As of: Sep 15, 2026 · 3:59 PM EDT

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

Historic Data

Download Data
DateValue
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