Cango Inc. (CANG) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 | Q1'21 |
|---|
| Sales/Revenue | 1.25B | 224.64M | 139.66M | 1.05B | 668.03M | 26.95M | 45.08M | 64.42M | 130.24M | 353.64M | 675.43M | 542.61M | 487.12M | 416.45M | 289.19M | 787.69M | 1.05B | 800.63M | 946.75M | 1.12B |
| Revenue Growth % | 87.84% | 733.42% | 209.81% | 1535.89% | 412.94% | -92.38% | -93.33% | -88.13% | -73.26% | -15.08% | 133.56% | -31.11% | -53.63% | -47.99% | -69.45% | -29.91% | -4.27% | 84.08% | 245.46% | 356.83% |
| Cost of Goods Sold | 1.88B | 197.93M | 138.48M | 955.09M | 484.43M | 23.26M | 26.53M | 29.06M | 110.88M | 304.64M | 615.83M | 480.52M | 481.74M | 388.7M | 272.66M | 686.98M | 880.67M | 610.51M | 697.79M | 769.05M |
| COGS % of Revenue | 149.86% | 88.11% | 99.15% | 90.63% | 72.52% | 86.3% | 58.84% | 45.11% | 85.14% | 86.14% | 91.18% | 88.56% | 98.9% | 93.34% | 94.28% | 87.21% | 83.83% | 76.25% | 73.7% | 68.43% |
| Gross Profit | -625.64M | 26.71M | 1.18M | 98.79M | 183.6M | 3.69M | 18.55M | 35.36M | 19.36M | 49M | 59.6M | 62.1M | 5.37M | 27.75M | 16.53M | 100.71M | 169.88M | 190.13M | 248.96M | 354.74M |
| Gross Margin % | -49.86% | 11.89% | 0.85% | 9.37% | 27.48% | 13.7% | 41.16% | 54.89% | 14.86% | 13.86% | 8.82% | 11.44% | 1.1% | 6.66% | 5.72% | 12.79% | 16.17% | 23.75% | 26.3% | 31.57% |
| Gross Profit Growth % | -440.75% | 623.14% | -93.63% | 179.36% | 848.4% | -92.46% | -68.87% | -43.05% | 260.18% | 76.6% | 260.57% | -38.34% | -96.84% | -85.41% | -93.36% | -71.61% | -54.53% | -25.17% | 45.39% | 128.27% |
| Operating Expenses | 738.83M | 6.47M | 181.38M | 254.26M | 161.07M | -31.54M | -28.42M | -38.79M | 48.23M | 136.78M | 68.53M | 10.27M | 216.96M | 220.09M | 370.67M | 289.79M | 326.9M | 229.13M | 235.72M | 195.2M |
| OpEx % of Revenue | 58.88% | 2.88% | 129.87% | 24.13% | 24.11% | -117.03% | -63.05% | -60.21% | 37.03% | 38.68% | 10.15% | 1.89% | 44.54% | 52.85% | 128.17% | 36.79% | 31.12% | 28.62% | 24.9% | 17.37% |
| Selling, General & Admin | 9.89M | 5.99M | 3.02M | 92.95M | 130.06M | 48.57M | 43.16M | 41.47M | 50.02M | 44.54M | 48.99M | 50.72M | 85.43M | 160.65M | 219.61M | 203.65M | 159.9M | 110.83M | 125.54M | 119.23M |
| SG&A % of Revenue | 0.79% | 2.67% | 2.16% | 8.82% | 19.47% | 180.21% | 95.73% | 64.37% | 38.41% | 12.59% | 7.25% | 9.35% | 17.54% | 38.58% | 75.94% | 25.85% | 15.22% | 13.84% | 13.26% | 10.61% |
| Research & Development | 0 | 0 | 0 | 324.99K | 1.27M | 1.42M | 1.67M | 1.1M | 7.27M | 6.99M | 7.75M | 8.1M | 8.44M | 10.17M | 12.86M | 14.49M | 23.62M | 17.42M | 15.64M | 13.59M |
| R&D % of Revenue | - | - | - | 0.03% | 0.19% | 5.28% | 3.71% | 1.7% | 5.58% | 1.98% | 1.15% | 1.49% | 1.73% | 2.44% | 4.45% | 1.84% | 2.25% | 2.18% | 1.65% | 1.21% |
| Other Operating Expenses | 1000K | 471.86K | 1000K | 1000K | 1000K | -1000K | -1000K | -1000K | -1000K | 1000K | 1000K | -1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Operating Income | -1.36B | 20.24M | -180.2M | -155.47M | 22.53M | 35.24M | -13.08M | 74.15M | -28.87M | -87.78M | -8.93M | 51.83M | -211.59M | -192.34M | -354.14M | -189.08M | -157.02M | -39.01M | 13.24M | 159.54M |
| Operating Margin % | -108.74% | 9.01% | -129.03% | -14.75% | 3.37% | 130.73% | -29.03% | 115.1% | -22.17% | -24.82% | -1.32% | 9.55% | -43.44% | -46.19% | -122.46% | -24% | -14.95% | -4.87% | 1.4% | 14.2% |
| Operating Income Growth % | -6156.11% | -42.56% | -1277.15% | -309.67% | 178.05% | 140.14% | -46.53% | 43.07% | 86.36% | 54.36% | 97.48% | 127.41% | -34.75% | -393.09% | -2775.35% | -218.52% | -179.13% | -129% | -80.14% | 296.18% |
| EBITDA | -1.1B | 41.8M | -25.14M | -133.92M | 24.2M | 36.9M | -11.42M | 75.82M | -27.2M | -86.41M | -7.56M | 53.2M | -210.21M | -190.36M | -352.16M | -187.1M | -155.04M | -36.72M | 15.52M | 161.83M |
| EBITDA Margin % | -87.68% | 18.61% | -18% | -12.71% | 3.62% | 136.92% | -25.33% | 117.69% | -20.88% | -24.44% | -1.12% | 9.8% | -43.15% | -45.71% | -121.77% | -23.75% | -14.76% | -4.59% | 1.64% | 14.4% |
| EBITDA Growth % | -4647.01% | 13.26% | -120.2% | -276.63% | 188.96% | 142.71% | -51.04% | 42.52% | 87.06% | 54.61% | 97.85% | 128.43% | -35.59% | -418.42% | -2368.36% | -215.62% | -177.24% | -126.8% | -77.55% | 305.29% |
| D&A (Non-Cash Add-back) | 264.18M | 21.56M | 155.06M | 21.56M | 1.67M | 1.67M | 1.67M | 1.67M | 1.67M | 1.37M | 1.37M | 1.37M | 1.37M | 1.98M | 1.98M | 1.98M | 1.98M | 2.29M | 2.29M | 2.29M |
| EBIT | -1.93B | 46.3M | -179.45M | -194.71M | 52.27M | 28.13M | -13.08M | 59.13M | -1.24M | -40.09M | -7.37M | 77.69M | 27.62M | 43.87M | -339.33M | 41.41M | -72.42M | 16.5M | 49.14M | 181.28M |
| Net Interest Income | -64.13M | -6.4M | -1.35M | -7.37M | 29.66M | 25.74M | 33.75M | 16.5M | 20.18M | 19.33M | 19.07M | 16.49M | 11.5M | 11.51M | 2.91M | 1.01M | 2.06M | 6.53M | 973.9K | 5.98M |
| Interest Income | 375.38K | 972.71K | 697.06K | 2.15M | 30.32M | 25.74M | 33.75M | 16.5M | 20.18M | 19.48M | 20.72M | 18.78M | 16.61M | 14.62M | 7.15M | 5.35M | 2.06M | 14.85M | 973.9K | 6.56M |
| Interest Expense | 64.51M | 7.38M | 2.05M | 9.52M | 659.22K | 0 | 0 | 0 | 0 | 153.09K | 1.65M | 2.29M | 5.12M | 3.11M | 4.25M | 4.34M | 5.35M | 8.32M | 234.27K | 578.97K |
| Other Income/Expense | -625.77M | 18.68M | -1.3M | -48.75M | 33.53M | 29.4M | 15.62M | 27.92M | 27.63M | 47.54M | 30.6M | 23.56M | 23.66M | 22.68M | 10.56M | 15.73M | 269.25M | -415.7M | 613.74M | -431.74M |
| Pretax Income | -1.99B | 38.92M | -181.5M | -204.23M | 56.06M | 64.64M | 78.37M | 102.07M | -1.24M | -40.24M | 21.67M | 75.39M | -187.92M | -169.66M | -343.58M | -173.35M | 112.23M | -454.7M | 626.98M | -272.2M |
| Pretax Margin % | -158.6% | 17.33% | -129.96% | -19.38% | 8.39% | 239.82% | 173.85% | 158.44% | -0.95% | -11.38% | 3.21% | 13.89% | -38.58% | -40.74% | -118.81% | -22.01% | 10.68% | -56.79% | 66.22% | -24.22% |
| Income Tax | 2.73M | 1.6M | -1.58M | 3.13M | 169.97K | -3.24M | -7.65M | 12.04M | 102.54M | 8.85M | -14.56M | -3.37M | 371.02M | -39.34M | -57.79M | -37.19M | -11.9M | -38.17M | 69.24M | 1.67M |
| Effective Tax Rate % | -0.14% | 4.11% | 0.87% | -1.53% | 0.3% | -5.01% | -9.76% | 11.8% | -8289.46% | -21.99% | -67.19% | -4.47% | -197.43% | 23.19% | 16.82% | 21.45% | -10.6% | 8.39% | 11.04% | -0.61% |
| Net Income | -1.99B | 37.32M | -295M | -207.36M | 55.89M | 67.88M | 86.02M | 90.03M | -103.78M | -49.09M | 36.23M | 78.77M | -558.94M | -130.33M | -285.78M | -136.16M | 124.13M | -416.54M | 557.74M | -273.87M |
| Net Margin % | -158.82% | 16.61% | -211.23% | -19.68% | 8.37% | 251.84% | 190.82% | 139.74% | -79.68% | -13.88% | 5.36% | 14.52% | -114.74% | -31.29% | -98.82% | -17.29% | 11.82% | -52.03% | 58.91% | -24.37% |
| Net Income Growth % | -3666.11% | -45.02% | -442.93% | -330.33% | 153.85% | 238.28% | 137.46% | 14.3% | 81.43% | 62.34% | 112.68% | 157.85% | -550.29% | 68.71% | -151.24% | 50.28% | -92.09% | -123.54% | 694.15% | -614.46% |
| Net Income (Continuing) | -1.99B | 265.69M | -179.92M | -207.36M | 55.89M | 67.88M | 2.58M | 90.03M | -103.78M | -49.09M | 36.23M | 78.77M | -558.94M | -130.33M | -285.78M | -136.16M | 124.13M | -416.54M | 557.74M | -273.87M |
| Discontinued Operations | 0 | 0 | -1000K | 0 | 0 | 0 | 1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -5.59 | 0.69 | 0.20 | -0.50 | 0.12 | 0.15 | 0.19 | 0.20 | -0.23 | -0.11 | 0.07 | 0.14 | -1.03 | -0.24 | -0.52 | -0.24 | 0.22 | -0.72 | 0.94 | -0.46 |
| EPS Growth % | -4758.33% | 360% | 5.26% | -350% | 152.17% | 236.36% | 192.31% | 42.86% | 77.67% | 54.17% | 112.5% | 158.33% | -568.18% | 66.67% | -155.32% | 47.83% | -91.54% | -124.41% | 683.33% | -636% |
| EPS (Basic) | -5.59 | 0.75 | -0.77 | -0.50 | 0.14 | 0.15 | 0.21 | 0.22 | -0.23 | -0.11 | 0.07 | 0.14 | -1.03 | -0.24 | -0.52 | -0.24 | 0.22 | -0.72 | 0.95 | -0.46 |
| Diluted Shares Outstanding | 354.61M | 383.94M | 428.18M | 415.13M | 465.96M | 454.62M | 454.62M | 451.15M | 436.4M | 438.35M | 553.47M | 560.92M | 541.18M | 545.77M | 550.45M | 556.92M | 568.42M | 577.88M | 594.32M | 596.88M |
| Basic Shares Outstanding | 354.61M | 354.49M | 384.81M | 415.13M | 465.72M | 452.75M | 452.75M | 450.13M | 436.4M | 426.84M | 557.33M | 562.61M | 541.18M | 543.02M | 549.59M | 555.76M | 568.42M | 577.88M | 593.34M | 595.37M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |