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
DateValue
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%