Cango annual operating expenses
2018
2019
2020
2021
2022
2023
2024
2025
Cango Operating Expenses Growth & History (CANG)
Cango's operating expenses was $1.13B for fiscal 2025.
View full Cango company overviewCango annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $1.13B | $1.03B | +1084.11% |
| 2024 | 2024-12-31 | $95.0M | −$1.40B | −93.65% |
| 2023 | 2023-12-31 | $1.50B | $1.07B | +252.45% |
| 2022 | 2022-12-31 | $424.5M | −$194.6M | −31.43% |
| 2021 | 2021-12-31 | $619.1M | $353.3M | +132.93% |
| 2020 | 2020-12-31 | $265.8M | $105.4M | +65.68% |
| 2019 | 2019-12-31 | $160.4M | $41.9M | +35.38% |
| 2018 | 2018-12-31 | $118.5M | — | — |
Cango quarterly operating expenses
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $8.2M | $4.3M | +110.26% |
| Q1 2026 | 2026-03-31 | $6.2M | −$4.1M | −39.74% |
| Q4 2025 | 2025-12-31 | $9.9M | — | — |
| Q3 2025 | 2025-09-30 | $6.5M | — | — |
| Q2 2025 | 2025-06-30 | $3.9M | — | — |
| Q1 2025 | 2025-03-31 | $10.3M | — | — |
Cango operating expenses trends
Over the last five fiscal years, Cango's operating expenses increased from $265.8M to $1.13B, a change of $859.4M. The latest reported quarter, Q2 2026, shows $8.2M.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Cango source filings ↗