Cango (CANG) EBITDA (2017 - 2025)

Cango (CANG) recorded quarterly EBITDA of -$291.7 million in Q4 2025, down 881.63% quarter-over-quarter from $37.3 million in Q3 2025, and down 3277.52% on a YoY basis from $9.2 million in Q4 2024.

Cango (CANG) EBITDA (2017 - 2025) Analysis & Trends

Cango's EBITDA history runs 9 years deep, the most recent figure standing at -$291.7 million for Q4 2025.

  • In Q4 2025, EBITDA fell 3277.52% year-over-year to -$291.7 million; the TTM figure through Dec 2025 stood at -$583.2 million (down 1426.74% YoY), while the FY2025 annual figure was -$572.4 million, down 1949.72% from the prior year.
  • EBITDA was -$291.7 million for Q4 2025 at Cango, down from $37.3 million in the prior quarter.
  • In the past five years, EBITDA ranged from a high of $79.9 million in Q2 2021 to a low of -$294.9 million in Q2 2025.
  • Historically, EBITDA has averaged -$32.8 million across 5 years, with a median of -$7.1 million in 2023.
  • Biggest YoY gain for EBITDA was 770.85% in 2021; the steepest drop was 4638.44% in 2021.
  • A 5-year view of EBITDA shows it stood at $14.1 million in 2021, then slumped by 575.06% to -$67.0 million in 2022, then surged by 71.35% to -$19.2 million in 2023, then jumped by 54.98% to -$8.6 million in 2024, then plunged by 3277.52% to -$291.7 million in 2025.
  • The last three EBITDA figures came in at -$291.7 million (Q4 2025), $37.3 million (Q3 2025), and -$294.9 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 SOL Strategies 100,773.79 Bn 100,773.79 Bn - -35.15 Mn
2 Morgan Stanley 331.35 Bn 197.82 Bn - 19.58 Bn
3 Goldman Sachs 317.73 Bn -619.82 Bn - 23.57 Bn
4 Schwab Charles 153.74 Bn 108.77 Bn - 4.01 Bn
5 Robinhood Markets 75.98 Bn 71.34 Bn 960.00 Mn 304.00 Mn
6 Interactive Brokers 38.91 Bn 49.50 Bn - 246.00 Mn
7 LPL Financial Holdings 22.76 Bn 21.73 Bn - 584.88 Mn
8 Tradeweb Markets 20.90 Bn 19.65 Bn - 294.45 Mn
9 Circle Internet 20.00 Bn 18.49 Bn 35.01 Mn 46.00 Mn
10 Cango 91.50 Mn 50.26 Mn 24.17 Mn -291.70 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 -291.70 Mn
Sep 30, 2025 37.32 Mn
Jun 30, 2025 -294.92 Mn
Mar 31, 2025 -33.85 Mn
Dec 31, 2024 -8.64 Mn
Sep 30, 2024 24.31 Mn
Jun 30, 2024 12.91 Mn
Mar 31, 2024 15.36 Mn
Dec 31, 2023 -19.18 Mn
Sep 30, 2023 -5.66 Mn
Jun 30, 2023 15.76 Mn
Mar 31, 2023 10.59 Mn
Dec 31, 2022 -66.96 Mn
Sep 30, 2022 1.59 Mn
Jun 30, 2022 -16.83 Mn
Mar 31, 2022 -24.05 Mn
Dec 31, 2021 14.10 Mn
Sep 30, 2021 -65.57 Mn
Jun 30, 2021 79.86 Mn
Mar 31, 2021 -40.23 Mn