Cango Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	1,054	804.49	1,702	1,980	3,922	2,052
Revenue Growth (YoY)	1535.89%	-52.73%	-14.06%	-49.50%	91.08%	42.52%
Cost of Revenue	3,477	629.38	1,512	1,830	2,958	1,098
Gross Profit	-2,400	175.11	190.06	150.36	963.71	954.31
Selling, General & Admin	287.37	263.26	195.89	432.32	515.51	461.59
Research & Development	1.6	5.47	30.11	45.96	70.28	62.6
Other Operating Expenses	1,243	-272.52	37.8	619.22	401.17	111.83
Total Operating Expenses	1,532	-3.78	263.81	1,098	986.96	636.01
Operating Income	-3,932	178.89	-73.75	-947.14	-23.25	318.3
Interest Income	37.47	106.32	79.16	43.73	26.37	34.9
Interest Expense	-77.41	-0.66	-4.1	-16.81	-14.48	-2.76
Other Non-Operating Income (Expense)	-23.95	16.58	54.27	45.71	23.67	3,393
Total Non-Operating Income (Expense)	-63.89	122.24	129.33	72.63	35.56	3,425
Pretax Income	-1,173	301.14	55.58	-874.51	12.31	3,743
Provision for Income Taxes	-219.17	1.32	93.46	236.7	20.85	369.85
Net Income	-2,002	299.82	-37.87	-1,111	-8.54	3,370
Minority Interest in Earnings	-	-	-	-	-	3.9
Earnings From Discontinued Operations	-825.47	-	-	-	-	-
Net Income to Common	-2,002	299.82	-37.87	-1,111	-8.54	3,370
Net Income Growth	-	-	-	-	-	761.96%
Shares Outstanding (Basic)	89	104	122	137	145	150
Shares Outstanding (Diluted)	89	117	122	137	145	152
Shares Change (YoY)	-20.70%	-4.12%	-11.32%	-5.45%	-4.61%	0.20%
EPS (Basic)	-22.47	2.88	-0.32	-8.10	-0.06	22.42
EPS (Diluted)	-22.47	2.58	-0.32	-8.10	-0.06	22.18
EPS Growth	-	-	-	-	-	759.69%
Free Cash Flow	-	-1,239	1,024	-572.01	-423.31	-626.97
Free Cash Flow Per Share	-	-10.63	8.43	-4.17	-2.92	-4.13
Gross Margin	-229.95%	21.77%	11.17%	7.59%	24.57%	46.50%
Operating Margin	-375.35%	22.24%	-4.33%	-47.82%	-0.59%	15.51%
Profit Margin	-111.62%	37.27%	-2.23%	-56.11%	-0.22%	164.36%
FCF Margin	-	-154.01%	60.18%	-28.88%	-10.79%	-30.55%
EBITDA	-3,956	274.98	-55.11	-929.65	-14.73	327.84
EBITDA Margin	-375.35%	34.18%	-3.24%	-46.94%	-0.38%	15.97%
EBIT	-3,932	178.89	-73.75	-947.14	-23.25	318.3
EBIT Margin	-375.35%	22.24%	-4.33%	-47.82%	-0.59%	15.51%
Effective Tax Rate	19.94%	0.44%	168.14%	-27.07%	169.42%	9.88%

Updated Dec 1, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q