Cango (CANG) Operating Expenses (2017 - 2025)

Cango's Operating Expenses history runs 9 years deep, the most recent figure standing at $8.8 million for Q4 2025.

• In Q4 2025, Operating Expenses fell 90.2% year-over-year to $8.8 million; the TTM figure through Dec 2025 stood at $30.6 million (down 70.55% YoY), while the FY2025 annual figure was $1.1 billion, up 1084.11% from the prior year.
• Operating Expenses was $8.8 million for Q4 2025 at Cango, up from $6.0 million in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $89.9 million in Q4 2024 to a low of $2.0 million in Q2 2024.
• Historically, Operating Expenses has averaged $14.0 million across 5 years, with a median of $9.9 million in 2022.
• The sharpest annual moves came in 2024 and 2025: Operating Expenses surged 306.67% in 2024, then tumbled 90.2% in 2025.
• A 5-year view of Operating Expenses shows it stood at $17.2 million in 2021, then plunged by 37.16% to $10.8 million in 2022, then soared by 104.25% to $22.1 million in 2023, then soared by 306.67% to $89.9 million in 2024, then sank by 90.2% to $8.8 million in 2025.
• The last three Operating Expenses figures came in at $8.8 million (Q4 2025), $6.0 million (Q3 2025), and $3.0 million (Q2 2025), per Business Quant data.