CANG
Cango Inc
NYSE: CANG · FINANCIAL SERVICES · CAPITAL MARKETS
$0.43
+6.29% today
Updated 2026-04-30
Market cap
$172.70M
P/E ratio
—
P/S ratio
0.25x
EPS (TTM)
$-1.60
Dividend yield
—
52W range
$0 – $3
Volume
1.3M
Cango Inc (CANG) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $434.28M | $1.05B | $1.09B | $1.44B | $2.05B | $3.92B | $1.98B | $1.70B | $804.49M | $4.81B |
| Revenue growth (YoY) | — | +142.3% | +3.7% | +31.9% | +42.5% | +91.1% | -49.5% | -14.1% | -52.7% | +498.1% |
| Cost of revenue | $170.04M | $386.05M | $434.35M | $539.27M | $1.10B | $2.96B | $1.83B | $1.51B | $359.51M | $6.25B |
| Gross profit | $264.24M | $666.15M | $657.06M | $900.80M | $954.31M | $963.71M | $150.36M | $190.06M | $444.97M | $-1.43B |
| Gross margin | 60.8% | 63.3% | 60.2% | 62.6% | 46.5% | 24.6% | 7.6% | 11.2% | 55.3% | -29.8% |
| R&D | $5.00M | $19.42M | $46.71M | $57.41M | $62.60M | $70.28M | $45.96M | $30.11M | $5.47M | — |
| SG&A | $35.29M | $101.28M | $151.08M | $270.81M | $267.96M | $473.93M | $299.55M | $156.97M | $250.16M | $28.90M |
| Operating income | $184.41M | $470.02M | $276.72M | $485.67M | $318.30M | $-23.25M | $-947.14M | $-73.75M | $178.89M | $-690.98M |
| Operating margin | 42.5% | 44.7% | 25.4% | 33.7% | 15.5% | -0.6% | -47.8% | -4.3% | 22.2% | -14.4% |
| EBITDA | $186.65M | $484.43M | $422.21M | $511.74M | $329.72M | $35.30M | $-641.80M | $78.33M | $182.91M | $-2.20B |
| EBITDA margin | 43.0% | 46.0% | 38.7% | 35.5% | 16.1% | 0.9% | -32.4% | 4.6% | 22.7% | -45.8% |
| EBIT | $185.15M | $481.45M | $415.02M | $501.28M | $320.57M | $26.79M | $-647.28M | $59.68M | $176.24M | $-3.02B |
| Interest expense | $449690.00 | $12.99M | $19.01M | $13.46M | $2.76M | $14.48M | $16.81M | $4.10M | $659217.00 | $139.61M |
| Income tax | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $128.91M | $341.01M | $302.69M | $390.91M | $3.37B | $-8.54M | $-1.11B | $-37.87M | $299.82M | $-3.17B |
| Net income growth (YoY) | — | +164.5% | -11.2% | +29.1% | +762.0% | -100.3% | -12905.2% | +96.6% | +891.6% | -1156.0% |
| Profit margin | 29.7% | 32.4% | 27.7% | 27.1% | 164.2% | -0.2% | -56.1% | -2.2% | 37.3% | -65.8% |