Cango reported revenue of $179.45M and net income of -$291.70M for the quarter ended Dec 2025, up 93.0% year over year. This income statement covers 35 quarters of results from Jun 2017 through Dec 2025, standardized by Business Quant from the company’s SEC filings.
| Income Statement | Jun2017 | Sep2017 | Dec2017 | Mar2018 | Jun2018 | Sep2018 | Dec2018 | Mar2019 | Jun2019 | Sep2019 | Dec2019 | Mar2020 | Jun2020 | Sep2020 | Dec2020 | Mar2021 | Jun2021 | Sep2021 | Dec2021 | Mar2022 | Jun2022 | Sep2022 | Dec2022 | Mar2023 | Jun2023 | Sep2023 | Dec2023 | Mar2024 | Jun2024 | Sep2024 | Dec2024 | Mar2025 | Jun2025 | Sep2025 | Dec2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue & cost | |||||||||||||||||||||||||||||||||||
| Revenue | 171.52M | 146.63M | 124.26M | 164.85M | 124.26M | 43.18M | 58.54M | 70.63M | 79.01M | 93.15M | 48.47M | 18.09M | 8.92M | 6.20M | 3.84M | 93.00M | 145.23M | 139.84M | 224.64M | 179.45M | |||||||||||||||
| Cost of RevenueCost of Rev | 117.38M | 108.07M | 94.75M | 138.20M | 108.37M | 40.71M | 54.64M | 69.85M | 69.97M | 84.93M | 41.75M | 15.40M | 4.02M | 3.65M | 3.31M | 63.55M | 131.62M | 116.83M | 159.38M | 155.28M | |||||||||||||||
| Gross Profit | 54.14M | 38.56M | 29.51M | 26.66M | 15.89M | 2.47M | 3.90M | 0.78M | 9.04M | 8.22M | 6.72M | 2.69M | 4.90M | 2.56M | 0.53M | 16.36M | 13.61M | 23.01M | 65.25M | 24.17M | |||||||||||||||
| Operating items | |||||||||||||||||||||||||||||||||||
| Depreciation & Amortization - TotalDep. & Amort. (Tot) | 35.36M | 38.09M | |||||||||||||||||||||||||||||||||
| Research & DevelopmentR&D | 8.83M | 9.43M | 7.26M | 11.58M | 8.49M | 6.24M | 2.51M | 2.79M | 1.83M | 1.68M | 1.35M | 0.61M | 0.49M | 0.55M | 0.48M | 0.30M | 0.06M | ||||||||||||||||||
| Selling, General & AdministrativeSG&A | 9.37M | 10.01M | 9.94M | 13.51M | 8.03M | 18.61M | 8.13M | 9.60M | 5.80M | 5.08M | 4.75M | 6.34M | 5.25M | 5.39M | 1.22M | 11.38M | 12.75M | 3.03M | 5.99M | 8.81M | |||||||||||||||
| Other Operating ExpensesOther Opex | 128.97M | 125.14M | 113.11M | 164.40M | 137.56M | 71.19M | 74.94M | 88.92M | 63.84M | 87.62M | 54.40M | 15.15M | -7.09M | -0.55M | -0.48M | 71.76M | 153.84M | 317.25M | 139.81M | 409.11M | |||||||||||||||
| Operating ExpensesOpex | 147.17M | 144.58M | 130.31M | 189.49M | 154.08M | 96.05M | 85.58M | 101.30M | 71.46M | 94.38M | 60.50M | 22.10M | -1.35M | -0.26M | 1.22M | 90.60M | 166.65M | 320.27M | 181.16M | 456.01M | |||||||||||||||
| Operating IncomeOp. Inc | 24.35M | 2.05M | -6.05M | -24.64M | -29.83M | -52.87M | -27.04M | -30.68M | 7.55M | -1.23M | -12.03M | -4.01M | 10.27M | 6.46M | -1.22M | -0.69M | -21.42M | -180.43M | 43.47M | -276.55M | |||||||||||||||
| EBIT | 24.35M | 2.05M | -6.05M | -24.64M | -29.83M | -52.87M | -27.04M | -30.68M | 7.55M | -1.23M | -12.03M | -4.01M | 10.27M | -1.80M | -1.22M | 3.14M | -21.42M | -180.43M | 43.47M | -276.55M | |||||||||||||||
| Non-operating items | |||||||||||||||||||||||||||||||||||
| Non Operating Investment IncomeNon-Op. Investment Inc. | -68.21M | 93.46M | -69.46M | 39.87M | -3.04M | 0.25M | 0.60M | 0.51M | 0.54M | 0.64M | 0.96M | 1.20M | -0.83M | ||||||||||||||||||||||
| Interest & Investment IncomeInt & Inv Inc | 2.78M | 0.64M | 2.31M | 2.06M | 2.96M | 2.69M | 2.80M | 2.31M | 4.64M | 2.07M | 3.09M | 0.30M | 0.70M | 0.97M | 0.05M | ||||||||||||||||||||
| Other Non Operating IncomeOther Non Op Inc. | 0.55M | 1.17M | 3.95M | 0.83M | 5.44M | 0.46M | 0.53M | 1.56M | 0.65M | 0.43M | 2.99M | 0.18M | 0.12M | 0.08M | 0.23M | 0.12M | 1.88M | 0.11M | 1.98M | 1.86M | |||||||||||||||
| Non Operating IncomeNon Op. Inc. | 0.12M | 0.08M | 0.23M | 0.12M | 1.88M | 0.11M | 1.98M | 1.86M | |||||||||||||||||||||||||||
| Net income details | |||||||||||||||||||||||||||||||||||
| EBT | -41.55M | 97.11M | -70.57M | 17.61M | -27.34M | -51.30M | -23.85M | -27.25M | 10.98M | 2.99M | -5.52M | -0.17M | 14.14M | 10.78M | 1.07M | 2.43M | -28.14M | -181.73M | 38.92M | -284.62M | |||||||||||||||
| Tax ProvisionsTaxes | -0.26M | -10.72M | 5.92M | 1.87M | 5.87M | 8.63M | 5.53M | -53.79M | 0.49M | 2.01M | -1.21M | -14.24M | -1.67M | 1.05M | 0.45M | -0.02M | -0.43M | -32.65M | -1.60M | -6.69M | |||||||||||||||
| Profit After TaxPAT | -40.23M | 86.38M | -65.57M | 14.10M | -24.05M | -16.83M | 1.59M | -66.96M | 10.59M | 15.76M | -5.66M | -19.18M | 15.36M | 12.91M | 24.31M | -8.64M | -33.85M | -294.92M | 37.32M | -291.70M | |||||||||||||||
| Equity Income | 0.55M | 0.97M | 1.20M | 1.52M | 0.32M | 0.22M | |||||||||||||||||||||||||||||
| Income from Non-Controlling InterestsInc. Minority | |||||||||||||||||||||||||||||||||||
| Income from Continuing OperationsIncome (Continuing) | -41.29M | 107.83M | -76.49M | 15.74M | -33.21M | -59.92M | -29.38M | 26.55M | 10.49M | 0.98M | -4.30M | 14.07M | 15.80M | -0.70M | 0.63M | 7.83M | -27.71M | -149.09M | 40.52M | -277.93M | |||||||||||||||
| Income from Discontinued OperationsIncome (Discontinued) | -1.22M | 0.46M | 0.35M | 1.58M | 1.60M | 38.89M | |||||||||||||||||||||||||||||
| Consolidated Net IncomeConsol Net Inc. | -41.29M | 107.83M | -76.49M | 15.74M | -33.21M | -59.92M | -29.38M | 26.55M | 10.49M | 0.98M | -5.53M | 14.07M | 15.80M | 0.11 | 8.00M | 5.34M | -27.71M | -1.08 | -6.69M | ||||||||||||||||
| Income towards Parent CompanyParent Net Inc | -0.28 | 0.60 | -0.45 | 0.14 | -0.15 | -43.34M | -19.05M | -78.59M | 11.47M | 5.00M | -6.73M | -14.41M | 0.12 | 0.11 | 0.01 | 0.01 | -27.71M | -295.38M | 0.11 | -0.80 | |||||||||||||||
| Net Income towards Common StockholdersNet Income | -0.28 | 0.60 | -0.45 | 0.14 | -21.45M | -0.31 | -0.13 | -0.60 | 11.47M | 5.00M | -6.73M | -14.41M | 12.59M | 11.88M | 9.67M | 7.66M | -28.57M | -295.38M | 0.11 | -0.80 | |||||||||||||||
| Additional items | |||||||||||||||||||||||||||||||||||
| EPS (Basic) | 0.00 | 0.00 | 0.00 | 0.00 | -0.37 | 0.00 | 0.00 | 0.00 | 0.21 | 0.09 | -0.12 | -0.30 | 0.26 | 0.57 | 0.46 | 0.18 | -0.69 | -14.01 | 0.00 | 0.00 | |||||||||||||||
| EPS (Diluted) | 0.00 | 0.00 | 0.00 | 0.00 | -0.37 | 0.00 | 0.00 | 0.00 | 0.21 | 0.09 | -0.12 | -0.30 | 0.26 | 0.53 | 0.43 | 0.16 | -0.61 | -14.01 | 0.00 | 0.00 | |||||||||||||||
| Shares Outstanding | 60.10M | 60.10M | 60.10M | 57.98M | 57.98M | 57.98M | 57.98M | 54.82M | 54.82M | 54.82M | 54.82M | 48.61M | 48.61M | 20.96M | 20.96M | 41.64M | 41.64M | 21.08M | 21.08M | 28.33M | |||||||||||||||
| Shares Outstanding (Diluted)Shares Outstanding (Dil.) | 60.78M | 60.78M | 60.78M | 57.98M | 57.98M | 57.98M | 57.98M | 54.82M | 54.82M | 54.82M | 54.82M | 48.61M | 48.61M | 22.56M | 22.56M | 46.61M | 46.61M | 21.08M | 21.08M | 28.33M | |||||||||||||||
| Shares Outstanding (Entity)Shares Outstanding (Entity.) | 28.99M | 27.41M | 24.30M | 10.48M | 20.82M | 10.54M | 14.16M | ||||||||||||||||||||||||||||
| EBITDA | 24.35M | 2.05M | -6.05M | -24.64M | -29.83M | -52.87M | -27.04M | -30.68M | 7.55M | -1.23M | -12.03M | -4.01M | 15.16M | 0.74M | 1.21M | 2.37M | 3.80M | 99.13M | 80.13M | -156.33M | |||||||||||||||
| Interest ExpensesInt Expense | -0.09M | -0.04M | -1.29M | -0.84M | -0.68M | -0.63M | -0.44M | -0.74M | -0.33M | -0.23M | -0.02M | 1.14M | -0.09M | -1.31M | -2.05M | -7.38M | -9.23M | ||||||||||||||||||
| Tax Rate | 0.61% | -11.04% | -8.39% | 10.60% | -21.45% | -16.82% | -23.19% | 197.43% | 4.47% | 67.19% | 21.99% | 8,289.46% | -11.80% | 9.76% | 41.70% | -0.97% | 1.53% | 17.96% | -4.11% | 2.35% |