Cango (CANG) Research & Development (2017 - 2025)

Cango's Research & Development history runs 9 years deep, the most recent figure standing at $44785.0 for Q1 2025.

• In Q1 2025, Research & Development fell 70.55% year-over-year to $44785.0; the TTM figure through Mar 2025 stood at $652169.0 (down 79.55% YoY), while the FY2024 annual figure was $748980.0, down 82.34% from the prior year.
• Research & Development was $44785.0 for Q1 2025 at Cango, down from $174558.0 in the prior quarter.
• In the past five years, Research & Development ranged from a high of $3.7 million in Q4 2021 to a low of $44785.0 in Q1 2025.
• Historically, Research & Development has averaged $1.3 million across 5 years, with a median of $1.2 million in 2023.
• The sharpest annual moves came in 2021 and 2024: Research & Development soared 32.64% in 2021, then sank 87.11% in 2024.
• A 5-year view of Research & Development shows it stood at $3.7 million in 2021, then plunged by 66.98% to $1.2 million in 2022, then retreated by 17.48% to $1.0 million in 2023, then plunged by 82.72% to $174558.0 in 2024, then tumbled by 74.34% to $44785.0 in 2025.
• The last three Research & Development figures came in at $44785.0 (Q1 2025), $174558.0 (Q4 2024), and $202954.0 (Q3 2024), per Business Quant data.