Cango Inc. (CANG) Revenue History
Annual and quarterly revenue from 2016 to present
CANG Revenue Over Time (2016–2025)
CANG Revenue Growth History
6 of 9 years with positive growth- FY2016 revenue growth
- N/A
- FY2017 revenue growth
- +142.3%
- FY2018 revenue growth
- +3.7%
- FY2019 revenue growth
- +31.9%
- FY2020 revenue growth
- +42.5%
- FY2021 revenue growth
- +91.1%
- FY2022 revenue growth
- -49.5%
- FY2023 revenue growth
- -14.1%
- FY2024 revenue growth
- -52.7%
- FY2025 revenue growth
- +498.1%
| Quarter | Revenue | YoY |
|---|---|---|
| Q4 2025 | $1.25B | +87.8% |
| Q3 2025 | $224.6M | +733.4% |
| Q2 2025 | $139.7M | +209.8% |
| Q1 2025 | $1.05B | +1535.9% |
| Q4 2024 | $668.0M | +412.9% |
| Q3 2024 | $27.0M | -92.4% |
| Q2 2024 | $45.1M | -93.3% |
| Q1 2024 | $64.4M | -88.1% |
Multi-year avg. share of annual revenue by fiscal quarter
Revenue Breakdown (FY 2024)
CANG's revenue distribution by segment and geography for fiscal year 2024
By Product/Segment
By Geography
CANG Revenue Analysis (2016–2025)
Current Revenue & Growth
As of June 21, 2026, Cango Inc. (CANG) generated trailing twelve-month (TTM) revenue of $2.67 billion, reflecting explosive growth of +87.8% year-over-year. The most recent quarter (Q4 2025) recorded $1.25 billion in revenue, up 458.6% sequentially.
Historical Growth Trajectory
CANG's 5-year compound annual growth rate (CAGR) stands at +18.6%, indicating consistent double-digit revenue growth. The 3-year CAGR of +34.4% exceeds the 5-year average, indicating an acceleration in the most recent period. Cango Inc.'s highest annual revenue of $4.81 billion was recorded in 2025, an all-time high.
Revenue by Segment
CANG's revenue is primarily driven by After-market Service Facilitation Service Income (63%), Loan Facilitation Income And Other Related Income (24%), and Automobile trading income (10%). With over half of revenue concentrated in After-market Service Facilitation Service Income, the company has a focused business model while developing other growth vectors.
Peer Comparison
Compared to Consumer Cyclical sector peers — including AUTL (+927.5% YoY), CAAS (+17.1% YoY), and UXIN (+47.7% YoY) — CANG has underperformed the peer group in revenue growth. Compare CANG vs AUTL →
CANG Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| CANGCurrent | $2.7B | +87.8% | +18.6% | -14.4% | |
 AUTL | $76M | +927.5% | +113.2% | -372.4% | |
 CAAS | $766M | +17.1% | +12.9% | 7.8% | |
 UXIN | $3.2B | +47.7% | +37.7% | -7.2% | |
 CPNG | $34.5B | -7.8% | +23.6% | 1.4% | |
 LPSN | $244M | -19.2% | -7.8% | -9.6% |
CANG Historical Revenue Data (2016–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $4.81B | +498.1% | $-1,434,725,675 | -29.8% | $-690,978,845 | -14.4% |
| 2024 | $804.5M | -52.7% | $445.0M | 55.3% | $178.9M | 22.2% |
| 2023 | $1.70B | -14.1% | $190.1M | 11.2% | $-73,751,027 | -4.3% |
| 2022 | $1.98B | -49.5% | $150.4M | 7.6% | $-947,143,124 | -47.8% |
| 2021 | $3.92B | +91.1% | $963.7M | 24.6% | $-23,249,616 | -0.6% |
| 2020 | $2.05B | +42.5% | $954.3M | 46.5% | $318.3M | 15.5% |
| 2019 | $1.44B | +31.9% | $844.3M | 58.6% | $323.3M | 22.5% |
| 2018 | $1.09B | +3.7% | $657.1M | 60.2% | $276.7M | 25.4% |
| 2017 | $1.05B | +142.3% | $666.1M | 63.3% | $470.0M | 44.7% |
| 2016 | $434.3M | - | $264.2M | 60.8% | $184.4M | 42.5% |
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
10+ years return with dividends reinvested.
DCA Calculator
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Peer Comparison
Compare growth, multiples, and margins vs sector.
CANG — Frequently Asked Questions
Quick answers to the most common questions about buying CANG stock.
Is CANG's revenue growth accelerating or slowing?
CANG revenue growth is accelerating. TTM revenue reached $2.7B, up +87.8% year-over-year — ahead of the 5-year CAGR of +18.6%. This indicates the business is expanding faster than its historical baseline.
What is CANG's revenue history from 2016 to 2026?
Cango Inc. (CANG) revenue history spans 2016 to 2026. TTM revenue as of 2026 is $2.7B, growing at +87.8% YoY. The 5-year CAGR is +18.6%. Complete annual and quarterly revenue figures are available on this page, including gross profit, operating income, and margin trends.
What is CANG's long-term revenue growth rate (CAGR)?
Cango Inc.'s 5-year revenue CAGR of +18.6% reflects the sustained nature of its business expansion. As of 2026, the current YoY growth rate of +87.8% is above this long-term average. CAGR is the most reliable measure of sustained revenue momentum for CANG.
Why does CANG's quarterly revenue fluctuate?
CANG quarterly revenue can fluctuate significantly between periods. A quarter-over-quarter (QoQ) change does not always indicate a trend; comparing the same quarter year-over-year (YoY) is a more reliable signal for underlying growth. Cango Inc.'s revenue data from 2016 to 2026 shows full historical quarterly detail on this page.
How is CANG's revenue distributed by segment?
CANG reports revenue broken down by product line and geographic region. The segment breakdown on this page shows which business units contribute the most to total revenue as of the latest fiscal year. Concentration in a single segment above 50% indicates category dependence, while a diversified mix signals more resilient revenue streams.
How does CANG's revenue compare to industry peers?
Cango Inc. (CANG) with TTM revenue of $2.7B and +87.8% YoY growth can be benchmarked against sector peers using the comparison table on this page. Revenue growth relative to peers indicates market share gains or losses. The peer section shows TTM revenue, YoY growth, and operating margin for direct comparisons.