Cango (CANG) Operating Income (2017 - 2025)

Cango (CANG) posted quarterly Operating Income of -$276.6 million for Q4 2025, down 40073.67% year-over-year from N/an in Q4 2024, and down 736.12% on a QoQ basis from $43.5 million in Q3 2025.

Cango (CANG) Operating Income (2017 - 2025) Analysis & Trends

Cango (CANG) has reported Operating Income for 9 consecutive years, with -$276.6 million the latest figure, recorded in Q4 2025.

  • In Q4 2025, Operating Income fell 40073.67% year-over-year to -$276.6 million; the TTM figure through Dec 2025 stood at -$434.9 million (down 3034.26% YoY), while the FY2025 annual figure was -$94.9 million, down 1755.61% from the prior year.
  • Operating Income came in at -$276.6 million for Q4 2025 at Cango, down from $43.5 million in the prior quarter.
  • The five-year high for Operating Income was $43.5 million in Q3 2025, with the low at -$276.6 million in Q4 2025.
  • Average Operating Income over 5 years is -$28.7 million, with a median of -$5.0 million recorded in 2023.
  • The largest YoY upside for Operating Income was 3655.62% in 2025 against a maximum downside of 40073.67% in 2025.
  • Year by year, Operating Income stood at -$24.6 million in 2021, then slipped by 24.5% to -$30.7 million in 2022, then soared by 86.93% to -$4.0 million in 2023, then surged by 82.83% to -$688395.0 in 2024, then sank by 40073.67% to -$276.6 million in 2025.
  • According to Business Quant data, Operating Income over the past three periods registered -$276.6 million, $43.5 million, and -$180.4 million for Q4 2025, Q3 2025, and Q2 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Morgan Stanley 330.70 Bn 197.17 Bn - -
2 Goldman Sachs 309.79 Bn -627.76 Bn - -
3 Schwab Charles 167.21 Bn 122.24 Bn - -
4 Futu Holdings 111.36 Bn 109.19 Bn 733.58 Mn 532.81 Mn
5 Robinhood Markets 97.69 Bn 93.05 Bn 960.00 Mn 304.00 Mn
6 LPL Financial Holdings 23.49 Bn 22.47 Bn - -
7 Tradeweb Markets 21.59 Bn 20.34 Bn - 287.25 Mn
8 Circle Internet 15.14 Bn 13.62 Bn 35.01 Mn 45.00 Mn
9 Iren 14.46 Bn 12.24 Bn 144.76 Mn -233.52 Mn
10 Cango 9,065.91 -41.23 Mn 24.17 Mn -276.55 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 -276.55 Mn
Sep 30, 2025 43.47 Mn
Jun 30, 2025 -180.43 Mn
Mar 31, 2025 -21.42 Mn
Dec 31, 2024 -688,395.00
Sep 30, 2024 -1.22 Mn
Jun 30, 2024 6.46 Mn
Mar 31, 2024 10.27 Mn
Dec 31, 2023 -4.01 Mn
Sep 30, 2023 -12.03 Mn
Jun 30, 2023 -1.23 Mn
Mar 31, 2023 7.55 Mn
Dec 31, 2022 -30.68 Mn
Sep 30, 2022 -27.04 Mn
Jun 30, 2022 -52.87 Mn
Mar 31, 2022 -29.83 Mn
Dec 31, 2021 -24.64 Mn
Sep 30, 2021 -6.05 Mn
Jun 30, 2021 2.05 Mn
Mar 31, 2021 24.35 Mn