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| Date | Value |
|---|---|
| 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 |