This paper presents a trim-free low-voltage and low-power CMOS current reference which achieves high current stability to temperature variation. In order to achieve process-insensitive temperature compensation, the proposed circuit employs ratio between the process-independent temperature coefficients of resistor and compensation voltage. The proposed current reference is implemented in 0.18-mu m CMOS technology and consumes 1.4 mu W from a 1-V supply. It achieves temperature coefficient of 24.9 ppm/degrees C with 0 degrees C to 100 degrees C of temperature variation without trimming, which is the lowest among the recently reported CMOS current references.