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% on a QoQ basis from $159.4 million in Q3 2025.

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

Cango (CANG) has reported Cost of Revenue for 9 consecutive years, with $155.3 million the latest figure, recorded in 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 $57.7 billion (up 88509.14% YoY), while the FY2025 annual figure was $543.3 million, up 754.95% from the prior year.
  • Cost of Revenue came in at $155.3 million for Q4 2025 at Cango, down from $159.4 million in the prior quarter.
  • The five-year high for Cost of Revenue was $57.2 billion in Q1 2025, with the low at $481019.0 in Q3 2024.
  • Average Cost of Revenue over 5 years is $2.9 billion, with a median of $6.8 million recorded in 2021.
  • Across the five-year window, Cost of Revenue plunged 78.51% in 2023 and jumped 11644463.85% in 2025, its largest moves.
  • Year by year, Cost of Revenue stood at $11.6 million in 2021, then plunged by 75.91% to $2.8 million in 2022, then slumped by 78.22% to $607695.8 in 2023, then soared by 10357.1% to $63.5 million in 2024, then jumped by 144.35% to $155.3 million in 2025.
  • According to Business Quant data, Cost of Revenue over the past three periods registered $155.3 million, $159.4 million, and $116.8 million for Q4 2025, Q3 2025, and Q2 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Morgan Stanley 330.70 Bn 197.17 Bn - -
2 Goldman Sachs 309.79 Bn -627.76 Bn - -
3 Schwab Charles 167.21 Bn 122.24 Bn - -
4 Futu Holdings 111.36 Bn 109.19 Bn 733.58 Mn 65.09 Mn
5 Robinhood Markets 97.69 Bn 93.05 Bn 960.00 Mn 107.00 Mn
6 LPL Financial Holdings 23.49 Bn 22.47 Bn - -
7 Tradeweb Markets 21.59 Bn 20.34 Bn - -
8 Circle Internet 15.14 Bn 13.62 Bn 35.01 Mn 6.62 Mn
9 Iren 14.46 Bn 12.24 Bn 144.76 Mn 39,000.00
10 Cango 9,065.91 -41.23 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 7.69 Mn
Jun 30, 2025 7.69 Mn
Mar 31, 2025 57.22 Bn
Mar 31, 2025 57.22 Bn
Dec 31, 2024 63.55 Mn
Dec 31, 2024 63.55 Mn
Sep 30, 2024 481,019.00
Sep 30, 2024 481,019.00
Jun 30, 2024 548,421.00
Jun 30, 2024 548,421.00
Mar 31, 2024 491,430.00
Mar 31, 2024 491,430.00
Dec 31, 2023 607,695.82
Dec 31, 2023 607,695.82
Sep 30, 2023 1.35 Mn
Sep 30, 2023 1.35 Mn