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% on a QoQ basis from -$1.6 million in Q3 2025.
Cango (CANG) Tax Provisions (2017 - 2025) Analysis & Trends
Cango (CANG) has reported Tax Provisions for 9 consecutive years, with -$6.7 million the latest figure, recorded in 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 -$7.1 million (down 3639.34% YoY), while the FY2025 annual figure was $842023.0, up 558.49% from the prior year.
- Tax Provisions came in at -$6.7 million for Q4 2025 at Cango, 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.
- Average Tax Provisions over 5 years is -$2.9 million, with a median of $211919.5 recorded in 2024.
- Across the five-year window, Tax Provisions soared 2397.61% in 2022 and slumped 28316.08% in 2025, its largest moves.
- Year by year, Tax Provisions stood at $1.9 million in 2021, then plunged by 2981.41% to -$53.8 million in 2022, then jumped by 73.52% to -$14.2 million in 2023, then soared by 99.83% to -$23556.0 in 2024, then plunged by 28316.08% to -$6.7 million in 2025.
- According to Business Quant data, Tax Provisions over the past three periods registered -$6.7 million, -$1.6 million, and $1.6 million for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 330.70 Bn | 197.17 Bn | - | 1.37 Bn |
| 2 | Goldman Sachs | 309.79 Bn | -627.76 Bn | - | 856.00 Mn |
| 3 | Schwab Charles | 167.21 Bn | 122.24 Bn | - | 709.00 Mn |
| 4 | Futu Holdings | 111.36 Bn | 109.19 Bn | 733.58 Mn | -84.25 Mn |
| 5 | Robinhood Markets | 97.69 Bn | 93.05 Bn | 960.00 Mn | 65.00 Mn |
| 6 | LPL Financial Holdings | 23.49 Bn | 22.47 Bn | - | 128.18 Mn |
| 7 | Tradeweb Markets | 21.59 Bn | 20.34 Bn | - | 69.76 Mn |
| 8 | Circle Internet | 15.14 Bn | 13.62 Bn | 35.01 Mn | 1.40 Mn |
| 9 | Iren | 14.46 Bn | 12.24 Bn | 144.76 Mn | -6.26 Mn |
| 10 | Cango | 9,065.91 | -41.23 Mn | 24.17 Mn | -6.69 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -6.69 Mn |
| Sep 30, 2025 | -1.60 Mn |
| Jun 30, 2025 | -607,490.00 |
| 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 |