Cango (CANG) EBITDA Margin (2024 - 2025)
Cango (CANG) recorded EBITDA Margin of -133.06% in Q4 2025, down 132.32 percentage points from -0.74% a year earlier and down 168.29 percentage points from the prior quarter.
Cango (CANG) EBITDA Margin (2024 - 2025) Analysis & Trends
For FY2025, Cango reported EBITDA Margin of -46.52%, down 46.52 percentage points from FY2024.
- Annual EBITDA Margin has a five-year change of -62.49 percentage points (FY2020 to FY2025).
- Across earlier years, EBITDA Margin came in at 0.00% in FY2024 (+4.96 pp), -4.96% in FY2023 (+41.09 pp), -46.05% in FY2022 (-45.67 pp) and -0.38% in FY2021 (-16.35 pp).
- The Q4 2025 figure is the lowest quarterly EBITDA Margin in data going back to Q1 2024.
- On a year-over-year basis, EBITDA Margin rose in 1 of the last four quarters, with an average year-over-year change of -66.27 percentage points.
- Per Business Quant, the preceding three quarters came in at 35.24% (Q3 2025), -112.33% (Q2 2025) and 0.00% (Q1 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Coinbase Global | 50.59 Bn | 7.40 Bn | - | -5.44% |
| 2 | PayPal Holdings | 46.79 Bn | 5.01 Bn | - | 19.27% |
| 3 | Block | 44.05 Bn | 15.31 Bn | 3.17 Bn | 8.19% |
| 4 | Iren | 31.74 Bn | 19.34 Bn | 103.89 Mn | -370.41% |
| 5 | Corpay | 26.01 Bn | 16.21 Bn | - | 44.11% |
| 6 | Fiserv | 24.47 Bn | 21.17 Bn | 2.90 Bn | 35.37% |
| 7 | Global Payments | 22.51 Bn | 952.73 Mn | 2.03 Bn | 37.59% |
| 8 | Bitmine Immersion Technologies | 15.56 Bn | 12.94 Bn | 40.81 Mn | -24.67% |
| 9 | Guidewire Software | 11.90 Bn | 8.47 Bn | 269.68 Mn | 19.18% |
| 10 | Cango | 81.37 Mn | -128,618.41 Bn | 86,491.00 | - |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | -133.06% |
| Sep 30, 2025 | 35.24% |
| Jun 30, 2025 | -112.33% |
| Mar 31, 2025 | 0.00% |
| Dec 31, 2024 | -0.74% |
| Sep 30, 2024 | -31.83% |
| Jun 30, 2024 | -29.03% |
| Mar 31, 2024 | 116.56% |
Cango EBITDA Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebitda-margin&ticker=CANG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "ticker": "CANG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ebitda-margin&ticker=CANG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();