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

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

Historic Data

Download Data
DateValue
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%