Cango (CANG) Gross Margin (2017 - 2026)
Cango's Gross Margin came in at 0.17% for Q2 2026, down 16.13 percentage points from 16.30% a year earlier and down 2.20 percentage points from the prior quarter.
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Analysis
Cango (CANG) Gross Margin (2017 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Cango reported Gross Margin of 16.51%, up 2.52 percentage points year-over-year; for FY2025, it came in at 21.04%, up 21.04 percentage points from FY2024.
- Gross Margin carries a five-year change of -25.46 percentage points (FY2020 to FY2025).
- Going back by year, Gross Margin was 0.00% in FY2024 (+15.23 pp), -15.23% in FY2023 (-3.78 pp), -11.45% in FY2022 (-36.02 pp) and 24.57% in FY2021 (-21.92 pp).
- The Q2 2026 figure represents the lowest quarterly Gross Margin in data going back to Q2 2017.
- Year-over-year, Gross Margin has declined for three consecutive quarters, with an average year-over-year change of -9.98 percentage points over the last eight quarters.
- The fastest year-over-year change in Gross Margin over five years came in Q1 2024 (a gain of 43.45 percentage points), and the weakest in Q1 2025 (a drop of 45.47 percentage points).
- Business Quant data shows CANG's Gross Margin at 2.37% (Q1 2026), 13.47% (Q4 2025) and 29.05% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Coinbase Global | 50.59 Bn | 7.40 Bn | - | - |
| 2 | PayPal Holdings | 46.79 Bn | 5.01 Bn | - | - |
| 3 | Block | 44.05 Bn | 15.31 Bn | 3.17 Bn | 47.84% |
| 4 | Iren | 31.74 Bn | 19.34 Bn | 103.89 Mn | 75.71% |
| 5 | Corpay | 26.01 Bn | 16.21 Bn | - | - |
| 6 | Fiserv | 24.47 Bn | 21.17 Bn | 2.90 Bn | 54.74% |
| 7 | Global Payments | 22.51 Bn | 952.73 Mn | 2.03 Bn | 61.04% |
| 8 | Bitmine Immersion Technologies | 15.56 Bn | 12.94 Bn | 40.81 Mn | 87.70% |
| 9 | Guidewire Software | 11.90 Bn | 8.47 Bn | 269.68 Mn | 65.60% |
| 10 | Cango | 81.37 Mn | -128,618.41 Bn | 86,491.00 | 0.17% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.17% |
| Mar 31, 2026 | 2.37% |
| Dec 31, 2025 | 13.47% |
| Sep 30, 2025 | 29.05% |
| Jun 30, 2025 | 16.30% |
| Mar 31, 2025 | 9.43% |
| Dec 31, 2024 | 17.59% |
| Sep 30, 2024 | 13.42% |
| Jun 30, 2024 | 41.32% |
| Mar 31, 2024 | 54.89% |
| Dec 31, 2023 | 14.86% |
| Sep 30, 2023 | 13.86% |
| Jun 30, 2023 | 8.82% |
| Mar 31, 2023 | 11.44% |
| Dec 31, 2022 | 1.10% |
| Sep 30, 2022 | 6.66% |
| Jun 30, 2022 | 5.72% |
| Mar 31, 2022 | 12.77% |
| Dec 31, 2021 | 16.17% |
| Sep 30, 2021 | 23.75% |
API Access
Cango Gross 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=gross-margin&ticker=CANG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-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=gross-margin&ticker=CANG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();