Canaan (CAN) Tax Provisions (2018 - 2026)
Canaan (CAN) posted Tax Provisions of -$1.3 million for Q2 2026, down 564.74% quarter-over-quarter from -$190000.0 in Q1 2026, and down 63.39% YoY from -$3.4 million in Q2 2025.
Analysis
Canaan (CAN) Tax Provisions (2018 - 2026) Analysis & Trends
Canaan (CAN) has 8 years of Tax Provisions data on file, last reported at -$1.3 million in Q2 2026.
- For the quarter ending Q2 2026, Tax Provisions fell 63.39% year-over-year to -$1.3 million; the trailing twelve-month figure through Jun 2026 stood at -$2.8 million (up 96.56% YoY), and the FY2025 full-year result was -$2.8 million, up 96.41% from the prior year.
- Tax Provisions was -$1.3 million for Q2 2026 at Canaan, down from -$190000.0 in the prior quarter.
- In the past five years, Tax Provisions ranged from a high of $26.4 million in Q4 2022 to a low of -$85.3 million in Q4 2024.
- A 5-year average of -$2.7 million and a median of -$342500.0 in 2025 frame the typical range for Tax Provisions.
- The largest YoY upside for Tax Provisions was 106800.0% in 2022 against a maximum downside of 2094800.0% in 2022.
- Canaan's Tax Provisions stood at $26.4 million in 2022, then dropped by 12.43% to $23.1 million in 2023, then sank by 469.27% to -$85.3 million in 2024, then soared by 99.06% to -$805000.0 in 2025, then slumped by 56.89% to -$1.3 million in 2026.
- Per Business Quant data, the three most recent Tax Provisions figures were -$1.3 million in Q2 2026, -$190000.0 in Q1 2026, and -$805000.0 in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,133.09 Bn | 5,067.87 Bn | 72.14 Bn | 11.82 Bn |
| 2 | Broadcom | 1,617.10 Bn | 1,593.13 Bn | 20.46 Bn | 2.19 Bn |
| 3 | Advanced Micro Devices | 823.64 Bn | 810.53 Bn | 6.20 Bn | 252.00 Mn |
| 4 | Arm Holdings | 255.67 Bn | 251.79 Bn | 1.25 Bn | 17.00 Mn |
| 5 | Marvell Technology | 198.91 Bn | 194.98 Bn | 1.46 Bn | 70.30 Mn |
| 6 | Qualcomm | 198.67 Bn | 190.37 Bn | 5.28 Bn | 460.00 Mn |
| 7 | Monolithic Power Systems | 56.10 Bn | 54.68 Bn | 541.07 Mn | 64.43 Mn |
| 8 | Astera Labs | 43.53 Bn | 42.28 Bn | 287.57 Mn | -50.26 Mn |
| 9 | Credo Technology Group Holding | 28.01 Bn | 27.24 Bn | 309.08 Mn | -585,000.00 |
| 10 | Canaan | 143.86 Mn | 77.86 Mn | -29.33 Mn | -1.26 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -1.26 Mn |
| Mar 31, 2026 | -190,000.00 |
| Dec 31, 2025 | -805,000.00 |
| Sep 30, 2025 | -495,000.00 |
| Jun 30, 2025 | -773,000.00 |
| Mar 31, 2025 | -705,000.00 |
| Dec 31, 2024 | -85.30 Mn |
| Sep 30, 2024 | 6.71 Mn |
| Jun 30, 2024 | 1.91 Mn |
| Mar 31, 2024 | -802,000.00 |
| Dec 31, 2023 | 23.10 Mn |
| Sep 30, 2023 | 20.44 Mn |
| Jun 30, 2023 | 5.46 Mn |
| Mar 31, 2023 | 2.34 Mn |
| Dec 31, 2022 | 26.38 Mn |
| Sep 30, 2022 | 1.07 Mn |
| Jun 30, 2022 | -24.95 Mn |
| Mar 31, 2022 | -20.95 Mn |
| Dec 31, 2021 | -7.81 Mn |
| Sep 30, 2021 | -1,000.00 |