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

Cango's Research & Development history runs 9 years deep, the most recent figure standing at $57324.0 for Q1 2025.

• In Q1 2025, Research & Development fell 88.34% year-over-year to $57324.0; the TTM figure through Mar 2025 stood at $1.4 million (down 66.39% YoY), while the FY2024 annual figure was $1.8 million, down 67.26% from the prior year.
• Research & Development for Q1 2025 stood at $57324.0, down from $300023.0 in the prior quarter.
• The five-year high for Research & Development was $11.6 million in Q4 2021, with the low at $57324.0 in Q1 2025.
• The 5-year median for Research & Development is $1.8 million (2023), against an average of $3.8 million.
• The sharpest annual moves came in 2021 and 2025: Research & Development soared 56.99% in 2021, then plunged 88.34% in 2025.
• Cango's Research & Development stood at $11.6 million in 2021, then slumped by 75.91% to $2.8 million in 2022, then plunged by 78.22% to $607695.8 in 2023, then sank by 50.63% to $300023.0 in 2024, then sank by 80.89% to $57324.0 in 2025.
• Business Quant data shows CANG's Research & Development at $57324.0 in Q1 2025, $300023.0 in Q4 2024, and $481019.0 in Q3 2024.