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| 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 | 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 |