Canaan (CAN) Tax Rate (2022)
Canaan (CAN) posted Tax Rate of 1.37% for the quarter ended Jun 30, 2026, down 6.15 percentage points from 7.52% a year earlier but up 1.16 percentage points from the prior quarter.
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Analysis
Canaan (CAN) Tax Rate (2022) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Tax Rate at Canaan was 0.94%, down 42.13 percentage points year-over-year; for the year ended Dec 31, 2025, it was 1.34%, down 43.64 percentage points from the prior year.
- Annual Tax Rate shows a four-year change of +3.79 percentage points (years ended Dec 2021 to Dec 2025).
- In prior years, Canaan's Tax Rate was 44.98% in the year ended Dec 31, 2024 (+56.01 pp), -11.03% in the year ended Dec 31, 2023 (+9.86 pp), -20.89% in the year ended Dec 31, 2022 (-18.44 pp) and -2.45% in the year ended Dec 31, 2021.
- Quarterly Tax Rate has run from a low of -24.35% in the quarter ended Mar 31, 2022 to a high of 1122.23% in the quarter ended Dec 31, 2024 over five years.
- On a year-over-year basis, Tax Rate has declined in each of the last three quarters, with an average year-over-year change of +5.15 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Tax Rate in the past five years was the quarter ended Dec 31, 2024, with a gain of 1136.48 percentage points; the weakest was the quarter ended Dec 31, 2025, with a drop of 1121.28 percentage points.
- According to Business Quant data, Tax Rate for the three prior quarters was 0.21% (quarter ended Mar 31, 2026), 0.96% (quarter ended Dec 31, 2025) and 1.82% (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,757.49 Bn | 5,531.65 Bn | 72.14 Bn | 16.53% |
| 2 | Taiwan Semiconductor Manufacturing | 2,520.17 Bn | 2,145.88 Bn | 27.22 Bn | 18.05% |
| 3 | Broadcom | 1,730.62 Bn | 1,656.67 Bn | 20.46 Bn | 14.32% |
| 4 | Micron Technology | 1,201.21 Bn | 1,139.97 Bn | 35.06 Bn | 14.99% |
| 5 | Advanced Micro Devices | 1,031.02 Bn | 987.76 Bn | 6.20 Bn | 9.88% |
| 6 | Asml Holding | 716.82 Bn | 672.66 Bn | 5.90 Bn | - |
| 7 | Intel | 585.95 Bn | 470.68 Bn | 6.51 Bn | - |
| 8 | Lam Research | 432.69 Bn | 409.49 Bn | 3.48 Bn | 10.87% |
| 9 | Applied Materials | 430.35 Bn | 395.79 Bn | 4.59 Bn | 12.69% |
| 10 | Canaan | 220.33 Mn | -89.11 Mn | -29.33 Mn | - |
API Access
Canaan Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=CAN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "CAN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=CAN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();