Cango (CANG) EBITDA (2017 - 2025)

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

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

Cango (CANG) has reported EBITDA for 9 consecutive years, with -$291.7 million the latest figure, recorded in 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 came in at -$291.7 million for Q4 2025 at Cango, down from $37.3 million in the prior quarter.
  • The five-year high for EBITDA was $79.9 million in Q2 2021, with the low at -$294.9 million in Q2 2025.
  • Average EBITDA over 5 years is -$32.8 million, with a median of -$7.1 million recorded in 2023.
  • The largest YoY upside for EBITDA was 770.85% in 2021 against a maximum downside of 4638.44% in 2021.
  • Year by year, EBITDA stood at $14.1 million in 2021, then tumbled 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 sank by 3277.52% to -$291.7 million in 2025.
  • According to Business Quant data, EBITDA over the past three periods registered -$291.7 million, $37.3 million, and -$294.9 million for Q4 2025, Q3 2025, and Q2 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 Morgan Stanley 330.70 Bn 197.17 Bn - 19.58 Bn
2 Goldman Sachs 309.79 Bn -627.76 Bn - 23.57 Bn
3 Schwab Charles 167.21 Bn 122.24 Bn - 4.01 Bn
4 Futu Holdings 111.36 Bn 109.19 Bn 733.58 Mn 441.58 Mn
5 Robinhood Markets 97.69 Bn 93.05 Bn 960.00 Mn 304.00 Mn
6 LPL Financial Holdings 23.49 Bn 22.47 Bn - 584.88 Mn
7 Tradeweb Markets 21.59 Bn 20.34 Bn - 294.45 Mn
8 Circle Internet 15.14 Bn 13.62 Bn 35.01 Mn 46.00 Mn
9 Iren 14.46 Bn 12.24 Bn 144.76 Mn -254.94 Mn
10 Cango 9,065.91 -41.23 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