Cango (CANG) Tax Provisions (2017 - 2025)
Cango (CANG) posted quarterly Tax Provisions of -$6.7 million for Q4 2025, down 28316.08% year-over-year from N/an in Q4 2024, and down 317.95% quarter-over-quarter from -$1.6 million in Q3 2025.
Cango (CANG) Tax Provisions (2017 - 2025) Analysis & Trends
Cango's Tax Provisions history runs 9 years deep, the most recent figure standing at -$6.7 million for Q4 2025.
- In Q4 2025, Tax Provisions fell 28316.08% year-over-year to -$6.7 million; the TTM figure through Dec 2025 stood at -$41.4 million (down 21551.72% YoY), while the FY2025 annual figure was -$94.9 million, down 12190.94% from the prior year.
- Tax Provisions for Q4 2025 stood at -$6.7 million, down from -$1.6 million in the prior quarter.
- The five-year high for Tax Provisions was $8.6 million in Q2 2022, with the low at -$53.8 million in Q4 2022.
- The 5-year median for Tax Provisions is -$139431.5 (2021), against an average of -$4.6 million.
- The sharpest annual moves came in 2022 and 2025: Tax Provisions surged 2397.61% in 2022, then plunged 28316.08% in 2025.
- Cango's Tax Provisions stood at $1.9 million in 2021, then slumped by 2981.41% to -$53.8 million in 2022, then soared by 73.52% to -$14.2 million in 2023, then surged by 99.83% to -$23556.0 in 2024, then slumped by 28316.08% to -$6.7 million in 2025.
- Business Quant data shows CANG's Tax Provisions at -$6.7 million in Q4 2025, -$1.6 million in Q3 2025, and -$32.6 million in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 333.21 Bn | 173.07 Bn | - | 1.70 Bn |
| 2 | Goldman Sachs | 311.14 Bn | -665.21 Bn | - | 1.94 Bn |
| 3 | Schwab Charles | 196.95 Bn | 123.36 Bn | - | 869.00 Mn |
| 4 | Robinhood Markets | 93.19 Bn | 75.81 Bn | 1.20 Bn | 136.00 Mn |
| 5 | Interactive Brokers | 41.71 Bn | -22.59 Bn | - | 118.00 Mn |
| 6 | LPL Financial Holdings | 29.06 Bn | 26.36 Bn | - | 136.24 Mn |
| 7 | Tradeweb Markets | 23.03 Bn | 20.97 Bn | - | 63.50 Mn |
| 8 | Circle Internet | 21.70 Bn | 19.97 Bn | 288.85 Mn | 4.10 Mn |
| 9 | Futu Holdings | 16.14 Bn | 214.18 Mn | 733.58 Mn | -84.25 Mn |
| 10 | Cango | 63.74 Mn | 56.57 Mn | 2.42 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -6.69 Mn |
| Sep 30, 2025 | -1.60 Mn |
| Jun 30, 2025 | -32.65 Mn |
| Mar 31, 2025 | -431,183.00 |
| Dec 31, 2024 | -23,556.00 |
| Sep 30, 2024 | 447,395.00 |
| Jun 30, 2024 | 1.05 Mn |
| Mar 31, 2024 | -1.67 Mn |
| Dec 31, 2023 | -14.24 Mn |
| Sep 30, 2023 | -1.21 Mn |
| Jun 30, 2023 | 2.01 Mn |
| Mar 31, 2023 | 491,094.00 |
| Dec 31, 2022 | -53.79 Mn |
| Sep 30, 2022 | 5.53 Mn |
| Jun 30, 2022 | 8.63 Mn |
| Mar 31, 2022 | 5.87 Mn |
| Dec 31, 2021 | 1.87 Mn |
| Sep 30, 2021 | 5.92 Mn |
| Jun 30, 2021 | -10.72 Mn |
| Mar 31, 2021 | -255,307.00 |