Cango Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	4,814	804.49	1,702	1,980	3,922
Revenue Growth (YoY)	498.40%	-52.73%	-14.06%	-49.50%	91.08%
Cost of Revenue	3,801	629.38	1,512	1,830	2,958
Gross Profit	1,013	175.11	190.06	150.36	963.71
Selling, General & Admin	202.18	263.26	195.89	432.32	515.51
Depreciation & Amortization Expenses	816.04	-	-	-	-
Research & Development	-	5.47	30.11	45.96	70.28
Other Operating Expenses	3,054	-272.52	37.8	619.22	401.17
Total Operating Expenses	4,073	-3.78	263.81	1,098	986.96
Operating Income	-3,060	178.89	-73.75	-947.14	-23.25
Interest Income	-	106.32	79.16	43.73	26.37
Interest Expense	-139.69	-0.66	-4.1	-16.81	-14.48
Other Non-Operating Income (Expense)	21.66	16.58	54.27	45.71	23.67
Total Non-Operating Income (Expense)	-118.02	122.24	129.33	72.63	35.56
Pretax Income	-3,162	301.14	55.58	-874.51	12.31
Provision for Income Taxes	-275.24	1.32	93.46	236.7	20.85
Net Income	-4,351	299.82	-37.87	-1,111	-8.54
Earnings From Discontinued Operations	-1,184	-	-	-	-
Net Income to Common	-4,351	299.82	-37.87	-1,111	-8.54
Shares Outstanding (Basic)	142	104	122	137	145
Shares Outstanding (Diluted)	142	117	122	137	145
Shares Change (YoY)	21.57%	-4.12%	-11.32%	-5.45%	-4.61%
EPS (Basic)	-30.78	2.88	-0.32	-8.10	-0.06
EPS (Diluted)	-30.78	2.58	-0.32	-8.10	-0.06
Free Cash Flow	0	-1,239	1,024	-572.01	-423.31
Free Cash Flow Per Share	-	-10.63	8.43	-4.17	-2.92
Gross Margin	21.04%	21.77%	11.17%	7.59%	24.57%
Operating Margin	-63.56%	22.24%	-4.33%	-47.82%	-0.59%
Profit Margin	-65.80%	37.27%	-2.23%	-56.11%	-0.22%
FCF Margin	0.00%	-154.01%	60.18%	-28.88%	-10.79%
EBITDA	-3,060	274.98	-55.11	-929.65	-14.73
EBITDA Margin	-63.56%	34.18%	-3.24%	-46.94%	-0.38%
EBIT	-3,060	178.89	-73.75	-947.14	-23.25
EBIT Margin	-63.56%	22.24%	-4.33%	-47.82%	-0.59%
Effective Tax Rate	8.70%	0.44%	168.14%	-27.07%	169.42%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

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