Cango Inc. CANG
Annual
Quarterly
FY2025 · ended Dec 31, 2025 · Revenue $688.08M, +524.3% YoY · Filed Apr 10, 2026
Cango Inc. (CANG) files with the SEC under industry code 6199, Finance Services. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $688.1 million and a net loss of $622.0 million. Free cash flow was -$119.2 million. As of Dec 31, 2025 it held $41.2 million in cash and investments and $559.8 million in total debt.
Revenue
$688.08M
+524.3% vs prior year
Net income
$-621.95M
-1593.2% vs prior year
Operating cash flow
$-109.83M
-169.0% vs prior year
Free cash flow
$-119.24M
-191.6% vs prior year
EPS
—
Dividend per share
None
Shares outstanding
223.48M
Net cash
$-518.55M
FY 2025
Operating margin
-63.5%
FY 2025
Company profile
- Industry
- Finance Services (SIC 6199)
- Listed as
- CANG (NYSE)
- Fiscal year ends
- December 31
- Incorporated in
- Cayman Islands
- Headquarters
- Dallas, TX
- SEC filer status
- Accelerated filer
- SEC CIK
- 1725123
Other Finance Services companies
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
FY 2022 Dec 31, 2022 |
FY 2021 Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $688.1M | $110.2M | $1.7B | $287.1M | $615.4M |
| Operating income | -$437.1M | -$5.1M | -$7.0M | -$137.3M | -$3.6M |
| Net income | -$622.0M | $41.7M | -$5.5M | -$161.1M | -$1.3M |
| Operating cash flow | -$109.8M | -$40.8M | $146.3M | -$82.3M | -$63.5M |
| Free cash flow | -$119.2M | -$40.9M | $146.1M | -$82.9M | -$66.4M |
| Total assets | $1.1B | $817.8M | $654.7M | $1.0B | $1.7B |
| Total liabilities | $735.9M | $263.9M | $117.1M | $390.6M | $620.9M |
| Stockholders' equity | $397.0M | $553.9M | $532.8M | $623.1M | $1.1B |
| Cash and investments | $41.2M | $130.5M | $102.3M | $54.9M | $298.1M |
| Total debt | $559.8M | $23.2M | $12.8M | $156.1M | $329.5M |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 6-K | Current report (foreign issuer) | Sep 3, 2026 | Sep 3, 2026 |
| 6-K | Current report (foreign issuer) | Aug 31, 2026 | Aug 31, 2026 |
| 6-K | Current report (foreign issuer) | Jul 21, 2026 | Jul 21, 2026 |
| 6-K | Current report (foreign issuer) | Jul 10, 2026 | Jul 10, 2026 |
| 6-K | Current report (foreign issuer) | Jun 24, 2026 | Jun 24, 2026 |
| 6-K | Current report (foreign issuer) | Jun 2, 2026 | Jun 2, 2026 |
All 196 Cango Inc. SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.