Cango Inc. (CANG) Income Statement
CANG 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsCANG revenue and net income
Where CANG's revenue goes
2025Each bar shows an amount and its share of revenue. CANG kept −65.8% of revenue as net income.
CANG profit margins
CANG growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | — | — | — | — |
| Gross profit | — | — | — | — |
| Operating income | — | — | — | — |
| Net income | — | — | — | — |
| EPS (diluted) | — | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
CANG quarterly EPS vs estimates
Cango beat the analyst EPS estimate in 1 of the last 4 quarters. Next report: December 7, 2026 (estimate $-0.35).
CANG income statement
| 2025 | |
|---|---|
| Revenue | $4.81B |
| Cost of revenue | $4.61B |
| Gross profit | $196.8M |
| Sales, general & admin | $28.9M |
| Total operating expenses | $213.8M |
| Operating income | −$17.0M |
| Interest income | $2.0M |
| Interest expense | $139.6M |
| Income before taxes | −$3.16B |
| Income taxes | $5.9M |
| Net income | −$3.17B |
| EBITDA | −$2.18B |
| EPS (diluted) | $3.12 |
| Gross margin | 4.1% |
| Operating margin | −0.4% |
| Net margin | −65.8% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | |
|---|---|---|---|---|
| Revenue | $346.0M | $702.0M | $179.5M | $224.6M |
| Cost of revenue | $460.8M | $887.6M | $193.4M | $197.9M |
| Gross profit | −$114.8M | −$185.6M | −$13.9M | $26.7M |
| Sales, general & admin | $57.5M | $49.5M | $9.9M | $6.0M |
| Total operating expenses | $56.0M | $42.7M | $9.9M | $6.5M |
| Operating income | −$170.8M | −$228.3M | −$23.8M | $20.2M |
| Interest income | $11 | $2,134 | $53,683 | $972,710 |
| Interest expense | $4.1M | $46.1M | $9.2M | $7.4M |
| Income before taxes | −$553.4M | −$1.80B | −$284.6M | $38.9M |
| Income taxes | $2.9M | $2.7M | $390,936 | $1.6M |
| Net income | −$556.3M | −$1.80B | −$291.7M | $37.3M |
| EBITDA | −$55.4M | −$25.4M | −$4.7M | $46.3M |
| EPS (diluted) | −$1.99 | −$5.35 | −$0.57 | $0.71 |
| Gross margin | −33.2% | −26.4% | −7.8% | 11.9% |
| Operating margin | −49.3% | −32.5% | −13.3% | 9.0% |
| Net margin | −160.8% | −255.9% | −162.6% | 16.6% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in CANG's financial statements (latest annual report filed April 10, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
CANG financial results
In fiscal year 2025 (ended December 31, 2025), Cango reported revenue of $4.8 billion. It had a net loss of $3.2 billion, a net profit margin of −65.8%. Diluted earnings per share came to $3.12.
See the CANG stock overview for the latest quote and news, or the CANG chart for price history and technical indicators.
CANG income statement FAQ
What is Cango's annual revenue?
Cango reported total revenue of $4.8 billion for fiscal year 2025, which ended on December 31, 2025.
Is Cango profitable?
No. Cango reported a net loss of $3.2 billion in fiscal 2025, a net profit margin of −65.8%; its operating margin was −0.4%.
What is Cango's gross margin?
Cango's gross margin was 4.1% in fiscal 2025: for every $100 of revenue, Cango kept $4 after the direct cost of its products and services.
What are Cango's earnings per share?
Cango earned $3.12 per diluted share in fiscal 2025.
When will Cango report its next earnings?
Cango is expected to report results for the quarter ending September 30, 2026 on December 7, 2026.
When does Cango's fiscal year end?
Cango's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on April 10, 2026.