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

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

Historic Data

Download Data
DateValue
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