Cango (CANG) Cost of Revenue (2017 - 2025)
Cango (CANG) recorded quarterly Cost of Revenue of $155.3 million in Q4 2025, down 2.58% quarter-over-quarter from $159.4 million in Q3 2025, and up 144.35% on a YoY basis from $63.5 million in Q4 2024.
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 $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 was $155.3 million for Q4 2025 at Cango, down from $159.4 million in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $57.2 billion in Q1 2025 to a low of $481019.0 in Q3 2024.
- Historically, Cost of Revenue has averaged $2.9 billion across 5 years, with a median of $6.8 million in 2021.
- The sharpest annual moves came in 2023 and 2025: Cost of Revenue tumbled 78.51% in 2023, then jumped 11644463.85% in 2025.
- A 5-year view of Cost of Revenue shows it stood at $11.6 million in 2021, then tumbled by 75.91% to $2.8 million in 2022, then sank 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.
- The last three Cost of Revenue figures came in at $155.3 million (Q4 2025), $159.4 million (Q3 2025), and $116.8 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | SOL Strategies | 95,219.34 Bn | 95,219.34 Bn | - | - |
| 2 | Morgan Stanley | 323.01 Bn | 189.48 Bn | - | - |
| 3 | Goldman Sachs | 303.95 Bn | -633.60 Bn | - | - |
| 4 | Schwab Charles | 155.80 Bn | 110.82 Bn | - | - |
| 5 | Robinhood Markets | 77.67 Bn | 73.03 Bn | 960.00 Mn | 107.00 Mn |
| 6 | Interactive Brokers | 38.08 Bn | 48.67 Bn | - | - |
| 7 | LPL Financial Holdings | 23.19 Bn | 22.17 Bn | - | - |
| 8 | Tradeweb Markets | 21.40 Bn | 20.15 Bn | - | - |
| 9 | Circle Internet | 19.36 Bn | 17.84 Bn | 35.01 Mn | 6.62 Mn |
| 10 | Cango | 86.43 Mn | 45.19 Mn | 24.17 Mn | 155.28 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | 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 |