GoAI
Get started
Cango Inc. logo

Cango Inc.

CANG

NYSEFinancial ServicesFinancial - Capital Markets

Open in GoAI

Previous close

$2.14

+$0.52 · +32.10%

Aug 21, 4:00 PM ET

CANG company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Sell

Trim exposure — unfavorable risk-reward

Valuation

47

Fair Value

Momentum

17

Strong Down

Sentiment

41

Mixed

Risk resilience

29

High Risk

Full GoAI research

Thesis, catalysts, evidence, and risk analysis.

View full GoAI research

AI-generated, informational only, and not investment advice.

Company profile

Company website

Cango Inc. operates bitcoin mining business with mining operation across North America, the Middle East, South America, and East Africa. It also operates an online international used car export business through AutoCango.com. Cango Inc. was founded in 2010 and is headquartered in Dallas, Texas.

Industry
Financial - Capital Markets
Sector
Financial Services
Headquarters
US
CEO
Peng Yu
Listed since
Jul 26, 2018
Employees
96

Market position

Day range

Current $2.14

52-week range

Current $2.14

Open
$1.83
Previous close
$1.62
Volume
4.11M
21.02× average
Average volume
195.36K
Average daily volume
Market cap
84.15M USD
Beta
1
Market reference 1
50-day average
$2.017
+6.10% above average
200-day average
$7.3833
-71.02% below average

Financials

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends67%19%-29%-78%Gross margin, FY2021: 24.57%Gross margin, FY2022: 7.59%Gross margin, FY2023: 11.17%Gross margin, FY2024: 55.31%Gross margin, FY2025: 4.09%Operating margin, FY2021: -0.59%Operating margin, FY2022: -47.82%Operating margin, FY2023: -4.33%Operating margin, FY2024: 22.24%Operating margin, FY2025: -0.35%Net margin, FY2021: -0.22%Net margin, FY2022: -56.11%Net margin, FY2023: -2.23%Net margin, FY2024: 37.27%Net margin, FY2025: -65.80%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 24.57%. Gross margin FY2022 7.59%. Gross margin FY2023 11.17%. Gross margin FY2024 55.31%. Gross margin FY2025 4.09%. Operating margin FY2021 -0.59%. Operating margin FY2022 -47.82%. Operating margin FY2023 -4.33%. Operating margin FY2024 22.24%. Operating margin FY2025 -0.35%. Net margin FY2021 -0.22%. Net margin FY2022 -56.11%. Net margin FY2023 -2.23%. Net margin FY2024 37.27%. Net margin FY2025 -65.80%.

Income trends

Revenue

4.81B USD+498.08%

Operating income

−17.01M USD−195.9M USD

Net income

−3.17B USD−3.47B USD
Income trends across reported periods5.61B USD2.42B USD−772.88M USD−3.96B USDRevenue, FY2021: 3.92B USDRevenue, FY2022: 1.98B USDRevenue, FY2023: 1.7B USDRevenue, FY2024: 804.49M USDRevenue, FY2025: 4.81B USDOperating income, FY2021: −23.25M USDOperating income, FY2022: −947.14M USDOperating income, FY2023: −73.75M USDOperating income, FY2024: 178.89M USDOperating income, FY2025: −17.01M USDNet income, FY2021: −8.54M USDNet income, FY2022: −1.11B USDNet income, FY2023: −37.87M USDNet income, FY2024: 299.82M USDNet income, FY2025: −3.17B USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 3.92B USD. Revenue FY2022 1.98B USD. Revenue FY2023 1.7B USD. Revenue FY2024 804.49M USD. Revenue FY2025 4.81B USD. Operating income FY2021 −23.25M USD. Operating income FY2022 −947.14M USD. Operating income FY2023 −73.75M USD. Operating income FY2024 178.89M USD. Operating income FY2025 −17.01M USD. Net income FY2021 −8.54M USD. Net income FY2022 −1.11B USD. Net income FY2023 −37.87M USD. Net income FY2024 299.82M USD. Net income FY2025 −3.17B USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue4.81B USD804.49M USD1.7B USD1.98B USD3.92B USD
Cost of goods sold4.61B USD359.51M USD1.51B USD1.83B USD2.96B USD
Gross profit196.79M USD444.97M USD190.06M USD150.36M USD963.71M USD
Research and development—5.47M USD30.11M USD45.96M USD70.28M USD
Selling, general, and administrative28.9M USD263.26M USD195.89M USD432.32M USD713.26M USD
Operating expenses213.8M USD266.08M USD263.81M USD1.1B USD986.96M USD
Interest income14.11M USD106.32M USD79.16M USD43.73M USD26.37M USD
Interest expense139.61M USD659.22K USD4.1M USD16.81M USD14.48M USD
Depreciation and amortization815.76M USD6.67M USD18.64M USD5.48M USD8.51M USD
Operating income−17.01M USD178.89M USD−73.75M USD−947.14M USD−23.25M USD
Net income−3.17B USD299.82M USD−37.87M USD−1.11B USD−8.54M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
27%
3 beats, 8 misses, 0 met estimates
Average EPS surprise
-106.68%
11 comparable reports
Latest EPS result
-7.3
Estimate -1.9 · Miss by 284.21%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates3.33-3.59-10.51-17.43Q4 '24MissQ1 '25MissQ2 '25MissQ3 '25BeatQ4 '25BeatQ1 '26MissQ2 '26MissQ3 '26Estimate
Q4 2024, reported Nov 4, 2024: actual 0.45, estimate 0.522, surprise -13.79%, Miss. Q1 2025, reported Mar 6, 2025: actual 0.35, estimate 1.31, surprise -73.28%, Miss. Q2 2025, reported May 14, 2025: actual -1.25, estimate 1.31, surprise -195.42%, Miss. Q3 2025, reported Sep 5, 2025: actual -0.1, estimate -0.801, surprise +87.52%, Beat. Q4 2025, reported Dec 1, 2025: actual 1.9, estimate -2, surprise +195.00%, Beat. Q1 2026, reported Mar 16, 2026: actual -16, estimate -2.61, surprise -512.06%, Miss. Q2 2026, reported Jun 1, 2026: actual -7.3, estimate -1.9, surprise -284.21%, Miss. Q3 2026, reported Sep 3, 2026: actual —, estimate -0.9, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates297.53M199.44M101.35M3.26MQ4 '24MissQ1 '25MissQ2 '25MissQ3 '25MissQ4 '25BeatQ1 '26BeatQ2 '26MissQ3 '26Estimate
Q4 2024, reported Nov 4, 2024: actual 3.84M USD, estimate 275.78M USD, surprise -98.61%, Miss. Q1 2025, reported Mar 6, 2025: actual 91M USD, estimate 148.75M USD, surprise -38.82%, Miss. Q2 2025, reported May 14, 2025: actual 145.18M USD, estimate 149.12M USD, surprise -2.64%, Miss. Q3 2025, reported Sep 5, 2025: actual 139.8M USD, estimate 204.27M USD, surprise -31.56%, Miss. Q4 2025, reported Dec 1, 2025: actual 223.06M USD, estimate 185.31M USD, surprise +20.37%, Beat. Q1 2026, reported Mar 16, 2026: actual 176.69M USD, estimate 175.71M USD, surprise +0.56%, Beat. Q2 2026, reported Jun 1, 2026: actual 100.01M USD, estimate 100.41M USD, surprise -0.39%, Miss. Q3 2026, reported Sep 3, 2026: actual —, estimate 60.01M USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$3.00

40.19% upside
Past 12 months12-month forecast

Price history unavailable

High $3.00Average $3.00Low $3.00

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

$39.80

2022 complete year+1492.0% since 2019

Corporate action history

Dividend

Ex-dividend Nov 25, 2022

$1.00

Special

Record Oct 24, 2022

Dividend

Ex-dividend Oct 21, 2022

$2.00

Irregular

Dividend

Ex-dividend Jun 16, 2022

$1.00

Special

Record May 25, 2022

Dividend

Ex-dividend May 24, 2022

$2.00

Annual

Record May 25, 2022 · Payment Jun 15, 2022

Dividend

Ex-dividend Mar 19, 2021

$1.00

Special

Record Mar 22, 2021 · Payment Apr 8, 2021

Dividend

Ex-dividend May 1, 2020

$0.25

Annual

Record May 4, 2020 · Payment May 18, 2020

CANG peers

Berkshire Hathaway Inc. logo

BRK-B

Berkshire Hathaway Inc.

$495.82

-0.21%

Berkshire Hathaway Inc. logo

BRK-A

Berkshire Hathaway Inc.

$743,500

-0.15%

JPMorgan Chase & Co. logo

JPM

JPMorgan Chase & Co.

$351.58

+0.01%

Visa Inc. logo

V

Visa Inc.

$371.04

+1.45%

Mastercard Incorporated logo

MA

Mastercard Incorporated

$580.63

+1.18%

Bank of America Corporation logo

BAC

Bank of America Corporation

$61.69

-0.27%

Continue in GoAI

Research CANG

research.disclaimer