Cango Inc. (CANG) Revenue History
Annual and quarterly revenue from 2016 to 2024
Compound Annual Growth Rate (CAGR)
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CANG Revenue Growth
Revenue Breakdown (FY 2024)
CANG's revenue distribution by segment and geography for fiscal year 2024
By Product/Segment
By Geography
CANG Revenue Analysis (2016–2024)
As of May 6, 2026, Cango Inc. (CANG) generated trailing twelve-month (TTM) revenue of $3.46 billion, reflecting explosive growth of +5833.4% year-over-year. The most recent quarter (Q3 2025) recorded $1.60 billion in revenue, up 1054.7% sequentially.
Looking at the longer-term picture, CANG's 5-year compound annual growth rate (CAGR) stands at -11.0%, indicating revenue contraction over this period. The company achieved its highest annual revenue of $3.92 billion in 2021.
Revenue diversification analysis shows CANG's business 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 maintains significant focus in this area while developing other growth vectors.
When compared to Consumer Cyclical sector peers including AUTL (+406.7% YoY), CAAS (+17.1% YoY), and UXIN (+51.8% YoY), CANG has outperformed the peer group in terms of 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 | $3.5B | +5833.4% | -11.0% | 22.2% | |
 AUTL | $10M | +406.7% | +28.3% | -2385.6% | |
 CAAS | $766M | +17.1% | +12.9% | 7.8% | |
 UXIN | $2.0B | +51.8% | +4.7% | -11.7% | |
 CPNG | $34.5B | -7.8% | +23.6% | 1.4% | |
 LPSN | $244M | -22.0% | -7.8% | -32.3% |
CANG Historical Revenue Data (2016–2024)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 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% | $900.8M | 62.6% | $485.7M | 33.7% |
| 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% |
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Start ComparisonCANG — Frequently Asked Questions
Quick answers to the most common questions about buying CANG stock.
Is CANG's revenue growth accelerating or slowing?
CANG revenue is accelerating at +5833.4% year-over-year, exceeding the 5-year CAGR of -11.0%. TTM revenue reached $3.5B. Growth momentum has increased versus prior periods.
What is CANG's long-term revenue growth rate?
Cango Inc.'s 5-year revenue CAGR of -11.0% reflects the sustained expansion pattern. Current YoY growth of +5833.4% is above this long-term average.
How is CANG's revenue distributed by segment?
CANG reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2016-2024 are available for download. Segment mix reveals concentration and diversification trends.