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CANG

Cango·NYSE
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CANG fundamentals

Cango (CANG) released its earnings on Mar 17, 2026: revenue was 176.90M (YoY +94.39%), missed estimates; EPS was -0.8083 (YoY -1330.29%), missed estimates.
Revenue / YoY
176.90M
+94.39%
EPS / YoY
-0.8083
-1330.29%
Report date
Mar 17, 2026
CANG Earnings Call Summary for Q4,2025
  • Strategic Shift Confirmed: 2025 Bitcoin mining revenue reached $675M, surpassing auto finance. Sold 4,451 Bitcoin in Feb 2026 to reduce debt and strengthen balance sheet.
  • AI Expansion Launched: EcoHash pilot in Georgia aims to deploy modular AI nodes by mid-2026, targeting AI inference market with $20M initial investment.
  • Cost Efficiency Focus: 2026 strategy prioritizes phasing out high-cost mining capacity, relocating to lower电价 regions, and freezing new mining equipment purchases.
  • Dual Valuation Model: Company evolving into flexible compute platform, dynamically allocating energy between Bitcoin mining and AI based on returns.

Earnings

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Revenue

Revenue & Expenses

CANG has released its 2025 Q4 earnings report, with revenue of 179.45M, reflecting a YoY change of 99.60%, and net profit of -291.70M, showing a YoY change of -3866.82%. The Sankey diagram below clearly presents CANG's revenue sources and cost distribution.

Key Indicators

Cango (CANG) key financial stats and ratios, covering profitability, financial health, and leverage.

Income Statement

Cango (CANG)'s revenue and profit trends over recent years, visualized with a waterfall chart to showcase the revenue-to-profit funnel.
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Balance Sheet

Cango (CANG)'s asset and liability trends over recent years, visualized with a waterfall chart to illustrate changes in its asset-liability structure.
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Cash Flow

Cango (CANG)'s cash flow trends over recent years, visualized with a waterfall chart to illustrate changes in its operating, investing, and financing cash flows.
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Revenue Breakdown

Where does Cango (CANG) generate its revenue? Explore its key revenue streams and top earning regions.
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Dividend

Track Cango (CANG) Dividend Yield, Payout Ratio & Sustainability Through Its Dividend History
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