Cango (CANG) Operating Margin (2017 - 2025)
Cango (CANG) posted quarterly Operating Margin of 154.11% for Q4 2025, down 15337.0% year-over-year from N/an in Q4 2024, and down 896.29% on a QoQ basis from 19.35% in Q3 2025.
Cango (CANG) Operating Margin (2017 - 2025) Analysis & Trends
Cango (CANG) has reported Operating Margin for 9 consecutive years, with 154.11% the latest figure, recorded in Q4 2025.
- In Q4 2025, Operating Margin fell 15337.0% year-over-year to 154.11%; the TTM figure through Dec 2025 stood at 63.11% (down 7635.0% YoY), while the FY2025 annual figure was 13.79%, down 810.0% from the prior year.
- Operating Margin came in at 154.11% for Q4 2025 at Cango, down from 19.35% in the prior quarter.
- The five-year high for Operating Margin was 115.1% in Q1 2024, with the low at 154.11% in Q4 2025.
- Average Operating Margin over 5 years is 18.54%, with a median of 14.85% recorded in 2021.
- Across the five-year window, Operating Margin jumped 12114 bps in 2023 and tumbled 23323 bps in 2025, its largest moves.
- Year by year, Operating Margin stood at 14.95% in 2021, then slumped by 191 bps to 43.44% in 2022, then surged by 49 bps to 22.17% in 2023, then jumped by 97 bps to 0.74% in 2024, then sank by 20720 bps to 154.11% in 2025.
- According to Business Quant data, Operating Margin over the past three periods registered 154.11%, 19.35%, and 129.03% for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (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 | 149.71% |
| 5 | Robinhood Markets | 97.69 Bn | 93.05 Bn | 960.00 Mn | 28.49% |
| 6 | LPL Financial Holdings | 23.49 Bn | 22.47 Bn | - | - |
| 7 | Tradeweb Markets | 21.59 Bn | 20.34 Bn | - | 46.50% |
| 8 | Circle Internet | 15.14 Bn | 13.62 Bn | 35.01 Mn | 108.11% |
| 9 | Iren | 14.46 Bn | 12.24 Bn | 144.76 Mn | -161.28% |
| 10 | Cango | 9,065.91 | -41.23 Mn | 24.17 Mn | -154.11% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -154.11% |
| Sep 30, 2025 | 19.35% |
| Jun 30, 2025 | -129.03% |
| Mar 31, 2025 | -14.75% |
| Dec 31, 2024 | -0.74% |
| Sep 30, 2024 | -31.83% |
| Jun 30, 2024 | 104.20% |
| Mar 31, 2024 | 115.10% |
| Dec 31, 2023 | -22.17% |
| Sep 30, 2023 | -24.82% |
| Jun 30, 2023 | -1.32% |
| Mar 31, 2023 | 9.55% |
| Dec 31, 2022 | -43.44% |
| Sep 30, 2022 | -46.19% |
| Jun 30, 2022 | -122.46% |
| Mar 31, 2022 | -24.00% |
| Dec 31, 2021 | -14.95% |
| Sep 30, 2021 | -4.87% |
| Jun 30, 2021 | 1.40% |
| Mar 31, 2021 | 14.20% |