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
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Revenue	688.08	89.91	-
Revenue Growth (YoY)	665.31%	-	-
Cost of Revenue	543.3	63.55	-
Gross Profit	144.78	26.36	-
Selling, General & Admin	28.9	15.81	7.02
Depreciation & Amortization Expenses	116.64	11.54	-
Other Operating Expenses	436.57	4.13	-
Total Operating Expenses	582.11	31.48	7.02
Operating Income	-437.1	-5.11	-7.02
Interest Income	2.02	9.45	9.27
Interest Expense	-19.97	-0.09	-0
Other Non-Operating Income (Expense)	3.1	0.51	0.69
Total Non-Operating Income (Expense)	-14.85	9.87	9.97
Pretax Income	-451.95	4.76	2.94
Provision for Income Taxes	0.84	-	-
Net Income	-621.95	41.65	-5.48
Earnings From Discontinued Operations	-169.16	36.9	-8.42
Net Income to Common	-621.95	41.65	-5.48
Shares Outstanding (Basic)	142	104	122
Shares Outstanding (Diluted)	142	117	127
Shares Change (YoY)	21.57%	-8.21%	-
EPS (Basic)	-3.20	0.04	0.02
EPS (Diluted)	-3.20	0.04	0.02
EPS Growth	-	100.00%	-
Shares Outstanding	177.67	103.78	108.92
Free Cash Flow	-224.61	-168.93	146.3
Free Cash Flow Per Share	-1.59	-1.45	1.15
Gross Margin	21.04%	29.32%	-
Operating Margin	-63.52%	-5.69%	-
Profit Margin	-65.80%	5.29%	-
FCF Margin	-32.64%	-187.89%	-
EBITDA	-320.09	6.73	-6.91
EBITDA Margin	-46.52%	7.49%	-
EBIT	-437.1	-5.11	-7.02
EBIT Margin	-63.52%	-5.69%	-
Effective Tax Rate	-0.19%	0.00%	0.00%

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

SEC Filings: 10-K · 10-Q