Canaan (CAN) Tax Provisions (2018 - 2026)
Canaan (CAN) reported Tax Provisions of -$190000.0 for Q1 2026, up 73.05% year-over-year from -$109795.1 in Q1 2025, and up 76.4% quarter-over-quarter from -$805000.0 in Q4 2025.
Canaan (CAN) Tax Provisions (2018 - 2026) Analysis & Trends
Canaan (CAN) has 8 years of Tax Provisions data on file, last reported at -$190000.0 in Q1 2026.
- Tax Provisions for Q1 2026 came in at -$190000.0, up 73.05% year-over-year; the trailing twelve-month figure through Mar 2026 was -$2.3 million (up 97.08% YoY), and the FY2025 annual result was $2.8 million, down 96.41% from the prior year.
- Tax Provisions rose to -$190000.0 in Q1 2026 per CAN's latest filing, from -$805000.0 in the prior quarter.
- Over five years, Tax Provisions peaked at $26.4 million in Q4 2022 and troughed at -$85.3 million in Q4 2024.
- A 5-year average of -$2.8 million and a median of -$190000.0 in 2026 frame the typical range for Tax Provisions.
- On a YoY basis, Tax Provisions climbed as much as 106800.0% in 2022 and fell as far as 2094800.0% in 2022.
- A 5-year view of Tax Provisions shows it stood at $26.4 million in 2022, then dropped by 12.43% to $23.1 million in 2023, then tumbled by 469.27% to -$85.3 million in 2024, then soared by 99.06% to -$805000.0 in 2025, then surged by 76.4% to -$190000.0 in 2026.
- Business Quant data shows CAN's Tax Provisions at -$190000.0 in Q1 2026, -$805000.0 in Q4 2025, and -$495000.0 in Q3 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Dell Technologies | 266.21 Bn | 254.69 Bn | 6.73 Bn | 540.00 Mn |
| 2 | Sandisk | 230.78 Bn | 227.04 Bn | 4.66 Bn | 492.00 Mn |
| 3 | Arista Networks | 194.03 Bn | 181.67 Bn | 1.68 Bn | 248.50 Mn |
| 4 | Seagate Technology Holdings | 183.90 Bn | 182.75 Bn | 1.45 Bn | 116.00 Mn |
| 5 | Western Digital | 175.01 Bn | 171.77 Bn | 1.68 Bn | 154.00 Mn |
| 6 | Super Micro Computer | 24.90 Bn | 23.61 Bn | 1.02 Bn | 126.90 Mn |
| 7 | Everpure | 23.71 Bn | 22.70 Bn | 740.09 Mn | 7.27 Mn |
| 8 | Hp | 23.64 Bn | 19.93 Bn | 3.02 Bn | 43.00 Mn |
| 9 | IonQ | 20.37 Bn | 18.35 Bn | 15.41 Mn | -6.38 Mn |
| 10 | Canaan | 2.72 Bn | 2.64 Bn | -22.91 Mn | -190,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | -52,000.00 |