Cango (CANG) Cost of Revenue (2017 - 2025)

Cango (CANG) posted quarterly Cost of Revenue of $155.3 million for Q4 2025, up 144.35% year-over-year from $63.5 million in Q4 2024, and down 2.58% quarter-over-quarter from $159.4 million in Q3 2025.

Cango (CANG) Cost of Revenue (2017 - 2025) Analysis & Trends

Cango's Cost of Revenue history runs 9 years deep, the most recent figure standing at $155.3 million for Q4 2025.

  • In Q4 2025, Cost of Revenue rose 144.35% year-over-year to $155.3 million; the TTM figure through Dec 2025 stood at $563.1 million (up 655.47% YoY), while the FY2025 annual figure was $543.3 million, up 754.95% from the prior year.
  • Cost of Revenue for Q4 2025 stood at $155.3 million, down from $159.4 million in the prior quarter.
  • The five-year high for Cost of Revenue was $159.4 million in Q3 2025, with the low at $3.3 million in Q3 2024.
  • The 5-year median for Cost of Revenue is $77.4 million (2023), against an average of $79.1 million.
  • The sharpest annual moves came in 2024 and 2025: Cost of Revenue plunged 95.7% in 2024, then soared 4708.59% in 2025.
  • Cango's Cost of Revenue stood at $138.2 million in 2021, then plunged by 49.46% to $69.8 million in 2022, then tumbled by 77.95% to $15.4 million in 2023, then jumped by 312.66% to $63.5 million in 2024, then soared by 144.35% to $155.3 million in 2025.
  • Business Quant data shows CANG's Cost of Revenue at $155.3 million in Q4 2025, $159.4 million in Q3 2025, and $116.8 million in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Morgan Stanley 338.83 Bn 205.30 Bn - -
2 Goldman Sachs 316.34 Bn -660.01 Bn - -
3 Schwab Charles 220.55 Bn 135.80 Bn - -
4 Futu Holdings 121.48 Bn 105.59 Bn 733.58 Mn 19.32 Mn
5 Robinhood Markets 84.07 Bn 66.74 Bn 1.20 Bn 104.00 Mn
6 Iren 68.17 Bn 65.95 Bn 104.86 Mn 39.93 Mn
7 ATIF Holdings 45.42 Bn 45.42 Bn - -
8 Interactive Brokers 39.54 Bn -3.28 Bn - -
9 LPL Financial Holdings 28.27 Bn 25.57 Bn - -
10 Cango 23.23 Mn -18.01 Mn 24.17 Mn 155.28 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 155.28 Mn
Dec 31, 2025 155.28 Mn
Sep 30, 2025 159.38 Mn
Sep 30, 2025 159.38 Mn
Jun 30, 2025 116.83 Mn
Jun 30, 2025 116.83 Mn
Mar 31, 2025 131.62 Mn
Mar 31, 2025 131.62 Mn
Dec 31, 2024 63.55 Mn
Dec 31, 2024 63.55 Mn
Sep 30, 2024 3.31 Mn
Sep 30, 2024 3.31 Mn
Jun 30, 2024 3.65 Mn
Jun 30, 2024 3.65 Mn
Mar 31, 2024 4.02 Mn
Mar 31, 2024 4.02 Mn
Dec 31, 2023 15.40 Mn
Dec 31, 2023 15.40 Mn
Sep 30, 2023 41.75 Mn
Sep 30, 2023 41.75 Mn