Canaan (CAN) Tax Rate (2018 - 2026)
Canaan (CAN) posted Tax Rate of 1.37% for Q2 2026, up 540.09% quarter-over-quarter from 0.21% in Q1 2026, and down 615.0% YoY from 0.27% in Q2 2025.
Analysis
Canaan (CAN) Tax Rate (2018 - 2026) Analysis & Trends
Canaan (CAN) has 8 years of Tax Rate data on file, last reported at 1.37% in Q2 2026.
- For the quarter ending Q2 2026, Tax Rate fell 615.0% year-over-year to 1.37%; the trailing twelve-month figure through Jun 2026 stood at 0.94% (down 4213.0% YoY), and the FY2025 full-year result was 1.34%, down 4364.0% from the prior year.
- Tax Rate was 1.37% for Q2 2026 at Canaan, up from 0.21% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 1122.23% in Q4 2024 to a low of 24.35% in Q1 2022.
- A 5-year average of 57.47% and a median of 1.24% in 2026 frame the typical range for Tax Rate.
- Across the five-year window, Tax Rate jumped 113648 bps in 2024 and sank 112128 bps in 2025, its largest moves.
- Canaan's Tax Rate stood at 22.36% in 2022, then surged by 36 bps to 14.25% in 2023, then jumped by 7976 bps to 1122.23% in 2024, then slumped by 100 bps to 0.96% in 2025, then soared by 43 bps to 1.37% in 2026.
- Per Business Quant data, the three most recent Tax Rate figures were 1.37% in Q2 2026, 0.21% in Q1 2026, and 0.96% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,133.09 Bn | 5,067.87 Bn | 72.14 Bn | 16.53% |
| 2 | Broadcom | 1,617.10 Bn | 1,593.13 Bn | 20.46 Bn | 14.32% |
| 3 | Advanced Micro Devices | 823.64 Bn | 810.53 Bn | 6.20 Bn | 9.88% |
| 4 | Arm Holdings | 255.67 Bn | 251.79 Bn | 1.25 Bn | 6.72% |
| 5 | Marvell Technology | 198.91 Bn | 194.98 Bn | 1.46 Bn | 18.58% |
| 6 | Qualcomm | 198.67 Bn | 190.37 Bn | 5.28 Bn | 18.68% |
| 7 | Monolithic Power Systems | 56.10 Bn | 54.68 Bn | 541.07 Mn | 20.03% |
| 8 | Astera Labs | 43.53 Bn | 42.28 Bn | 287.57 Mn | -48.88% |
| 9 | Credo Technology Group Holding | 28.01 Bn | 27.24 Bn | 309.08 Mn | -0.45% |
| 10 | Canaan | 143.86 Mn | 77.86 Mn | -29.33 Mn | 1.37% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.37% |
| Mar 31, 2026 | 0.21% |
| Dec 31, 2025 | 0.96% |
| Sep 30, 2025 | 1.82% |
| Jun 30, 2025 | 7.52% |
| Mar 31, 2025 | 0.82% |
| Dec 31, 2024 | 1,122.23% |
| Sep 30, 2024 | -8.15% |
| Jun 30, 2024 | -4.36% |
| Mar 31, 2024 | 2.08% |
| Dec 31, 2023 | -14.25% |
| Sep 30, 2023 | -20.33% |
| Jun 30, 2023 | -4.70% |
| Mar 31, 2023 | -2.70% |
| Dec 31, 2022 | -22.36% |
| Sep 30, 2022 | 20.36% |
| Jun 30, 2022 | -21.69% |
| Mar 31, 2022 | -24.35% |
| Dec 31, 2021 | -3.99% |
| Sep 30, 2021 | 0.00% |