Cango (CANG) Operating Margin (2017 - 2026)
Cango's Operating Margin was -158.75% in Q2 2026, down 32.10 percentage points from -126.66% a year earlier but up 90.61 percentage points from the prior quarter.
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Analysis
Cango (CANG) Operating Margin (2017 - 2026) Analysis & Trends
On a trailing twelve-month basis, Cango's Operating Margin was -102.01% through Jun 30, 2026, down 47.93 percentage points year-over-year; for FY2025, it was -63.52%, down 63.52 percentage points from FY2024.
- Operating Margin shows a five-year change of -79.03 percentage points (FY2020 to FY2025).
- In earlier years, Operating Margin was 0.00% in FY2024 (+5.55 pp), -5.55% in FY2023 (+42.27 pp), -47.82% in FY2022 (-47.23 pp) and -0.59% in FY2021 (-16.10 pp).
- Quarterly Operating Margin has moved between -249.36% (Q1 2026) and 115.10% (Q1 2024) over five years.
- Compared with a year earlier, Operating Margin has declined for three straight quarters, with an average year-over-year change of -89.40 percentage points over the last eight quarters.
- The best year-over-year quarter for Operating Margin over five years was Q2 2023 (a gain of 121.14 percentage points); the worst was Q2 2025 (a drop of 230.86 percentage points).
- Per Business Quant data, CANG's Operating Margin in the three quarters before Q2 2026 was -249.36% (Q1 2026), -154.11% (Q4 2025) and 19.35% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Coinbase Global | 50.59 Bn | 7.40 Bn | - | -9.30% |
| 2 | PayPal Holdings | 46.79 Bn | 5.01 Bn | - | 16.44% |
| 3 | Block | 44.05 Bn | 15.31 Bn | 3.17 Bn | 6.75% |
| 4 | Iren | 31.74 Bn | 19.34 Bn | 103.89 Mn | -452.09% |
| 5 | Corpay | 26.01 Bn | 16.21 Bn | - | 35.28% |
| 6 | Fiserv | 24.47 Bn | 21.17 Bn | 2.90 Bn | 19.18% |
| 7 | Global Payments | 22.51 Bn | 952.73 Mn | 2.03 Bn | 10.15% |
| 8 | Bitmine Immersion Technologies | 15.56 Bn | 12.94 Bn | 40.81 Mn | -25.50% |
| 9 | Guidewire Software | 11.90 Bn | 8.47 Bn | 269.68 Mn | 15.16% |
| 10 | Cango | 81.37 Mn | -128,618.41 Bn | 86,491.00 | -158.75% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -158.75% |
| Mar 31, 2026 | -249.36% |
| Dec 31, 2025 | -154.11% |
| Sep 30, 2025 | 19.35% |
| Jun 30, 2025 | -126.66% |
| Mar 31, 2025 | -18.66% |
| 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% |
API Access
Cango Operating Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-margin&ticker=CANG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "CANG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=CANG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();