Cango (CANG) Gross Margin (2017 - 2025)

Cango (CANG) has reported Gross Margin for 9 consecutive years, with 13.47% the latest figure, recorded in Q4 2025.

• In Q4 2025, Gross Margin fell 8620.0% year-over-year to 13.47%; the TTM figure through Dec 2025 stood at 8266.26% (down 836466.0% YoY), while the FY2025 annual figure was 21.04%, down 606.0% from the prior year.
• Gross Margin came in at 13.47% for Q4 2025 at Cango, down from 29.05% in the prior quarter.
• The five-year high for Gross Margin was 101.67% in Q2 2023, with the low at 39303.38% in Q1 2025.
• Average Gross Margin over 5 years is 1886.61%, with a median of 93.64% recorded in 2021.
• Across the five-year window, Gross Margin soared 1612 bps in 2023 and plunged 3939879 bps in 2025, its largest moves.
• Year by year, Gross Margin stood at 92.97% in 2021, then grew by 3 bps to 96.05% in 2022, then grew by 1 bps to 96.64% in 2023, then gained by 3 bps to 99.67% in 2024, then sank by 86 bps to 13.47% in 2025.
• According to Business Quant data, Gross Margin over the past three periods registered 13.47%, 29.05%, and 16.3% for Q4 2025, Q3 2025, and Q2 2025 respectively.