Cango (CANG) Gross Margin (2017 - 2025)
Cango (CANG) recorded quarterly Gross Margin of 13.47% in Q4 2025, down 53.63% quarter-over-quarter from 29.05% in Q3 2025, and down 1820.0% on a YoY basis from 0.78% in Q4 2024.
Cango (CANG) Gross Margin (2017 - 2025) Analysis & Trends
Cango's Gross Margin history runs 9 years deep, the most recent figure standing at 13.47% for Q4 2025.
- In Q4 2025, Gross Margin fell 1820.0% year-over-year to 13.47%; the TTM figure through Dec 2025 stood at 8249.47% (down 829132.0% YoY), while the FY2025 annual figure was 21.04%, down 606.0% from the prior year.
- Gross Margin was 13.47% for Q4 2025 at Cango, down from 29.05% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 99.04% in Q2 2025 to a low of 39303.38% in Q1 2025.
- Historically, Gross Margin has averaged 1886.07% across 5 years, with a median of 93.64% in 2021.
- The sharpest annual moves came in 2021 and 2025: Gross Margin soared 1329 bps in 2021, then tumbled 3939787 bps in 2025.
- A 5-year view of Gross Margin shows it stood at 92.97% in 2021, then gained by 3 bps to 96.05% in 2022, then gained by 1 bps to 96.64% in 2023, then slumped by 67 bps to 31.67% in 2024, then plunged by 57 bps to 13.47% in 2025.
- The last three Gross Margin figures came in at 13.47% (Q4 2025), 29.05% (Q3 2025), and 99.04% (Q2 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | SOL Strategies | 96,012.83 Bn | 96,012.83 Bn | - | - |
| 2 | Morgan Stanley | 328.23 Bn | 194.70 Bn | - | - |
| 3 | Goldman Sachs | 313.22 Bn | -624.33 Bn | - | - |
| 4 | Schwab Charles | 154.90 Bn | 109.92 Bn | - | - |
| 5 | Robinhood Markets | 75.17 Bn | 70.53 Bn | 960.00 Mn | 89.97% |
| 6 | Interactive Brokers | 38.41 Bn | 49.00 Bn | - | - |
| 7 | LPL Financial Holdings | 23.13 Bn | 22.10 Bn | - | - |
| 8 | Tradeweb Markets | 21.12 Bn | 19.87 Bn | - | - |
| 9 | Circle Internet | 19.75 Bn | 18.24 Bn | 35.01 Mn | 84.10% |
| 10 | Cango | 88.70 Mn | 47.45 Mn | 24.17 Mn | 13.47% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 13.47% |
| Sep 30, 2025 | 29.05% |
| Jun 30, 2025 | 99.04% |
| Mar 31, 2025 | -39,303.38% |
| Dec 31, 2024 | 31.67% |
| Sep 30, 2024 | 85.65% |
| Jun 30, 2024 | 91.51% |
| Mar 31, 2024 | 94.49% |
| Dec 31, 2023 | 96.64% |
| Sep 30, 2023 | 98.06% |
| Jun 30, 2023 | 98.20% |
| Mar 31, 2023 | 97.69% |
| Dec 31, 2022 | 96.05% |
| Sep 30, 2022 | 95.70% |
| Jun 30, 2022 | 85.55% |
| Mar 31, 2022 | 93.16% |
| Dec 31, 2021 | 92.97% |
| Sep 30, 2021 | 93.78% |
| Jun 30, 2021 | 93.49% |
| Mar 31, 2021 | 95.87% |