Quick Answer
Cango Inc. reported Total Revenue of $110.21 million for fiscal year 2024.
Cango Inc. — Key Financials by Year
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|
| Total Revenue | $110.21M -93.5% |
$1.70B -14.1% |
$1.98B -49.5% |
$3.92B +91.1% |
$2.05B +42.5% |
$1.44B +31.9% |
| Revenue (ASC 606) | — | — | $287.14M -92.7% |
$3.92B +91.1% |
$2.05B +42.5% |
$1.44B +31.9% |
| Net Income | $299.82M +891.6% |
-$37.87M +96.6% |
-$1.11B -12905.2% |
-$8.54M -100.3% |
$3.37B +762.0% |
$390.91M +29.1% |
| Total Assets | $5.97B +28.4% |
$4.65B -33.7% |
$7.02B -35.9% |
$10.95B -9.9% |
$12.15B +39.0% |
$8.74B +19.7% |
| Cash and Equivalents | $176.68M -82.7% |
$1.02B +169.3% |
$378.92M -73.6% |
$1.43B +0.6% |
$1.43B -28.7% |
$2.00B -31.3% |
| Long-Term Debt | — | $712.0K -99.1% |
$75.87M -84.4% |
$486.37M -50.3% |
$977.79M +224.1% |
$301.67M -36.2% |
| Stockholders Equity | $559.87M -85.3% |
$3.82B -11.7% |
$4.32B -38.2% |
$6.99B -16.5% |
$8.38B +52.9% |
$5.48B +4.3% |
| R&D Expense | $5.47M -81.8% |
$30.11M -34.5% |
$45.96M -34.6% |
$70.28M +12.3% |
$62.60M +9.0% |
$57.41M +22.9% |
| Operating Income | $24.51M +133.2% |
-$73.75M +92.2% |
-$947.14M -3973.8% |
-$23.25M -107.3% |
$318.30M -1.5% |
$323.30M +16.8% |
| Shares Outstanding | — | — | — | — | — | — |
- Cango Inc. reported Total Revenue of $110.21 million for fiscal year 2024.
- Cango Inc. showed a decrease of -93.5% in Total Revenue compared to the prior fiscal year.
- Cango Inc. reported Revenue (ASC 606) of $287.14 million for fiscal year 2022.
- Cango Inc. showed a decrease of -92.7% in Revenue (ASC 606) compared to the prior fiscal year.
- Cango Inc. reported Net Income of $299.82 million for fiscal year 2024.
- Cango Inc. showed an increase of +891.6% in Net Income compared to the prior fiscal year.
- Cango Inc. reported Total Assets of $5.97 billion for fiscal year 2024.
- Cango Inc. showed an increase of +28.4% in Total Assets compared to the prior fiscal year.
- Cango Inc. reported Cash and Equivalents of $176.68 million for fiscal year 2024.
- Cango Inc. showed a decrease of -82.7% in Cash and Equivalents compared to the prior fiscal year.
- Cango Inc. reported Long-Term Debt of $712.0 thousand for fiscal year 2023.
- Cango Inc. showed a decrease of -99.1% in Long-Term Debt compared to the prior fiscal year.
- Cango Inc. reported Stockholders Equity of $559.87 million for fiscal year 2024.
- Cango Inc. showed a decrease of -85.3% in Stockholders Equity compared to the prior fiscal year.
- Cango Inc. reported R&D Expense of $5.47 million for fiscal year 2024.
- Cango Inc. showed a decrease of -81.8% in R&D Expense compared to the prior fiscal year.
- Cango Inc. reported Operating Income of $24.51 million for fiscal year 2024.
- Cango Inc. showed an increase of +133.2% in Operating Income compared to the prior fiscal year.
- Cango Inc. reported Shares Outstanding of 223.48 million shares for fiscal year 2018.
- Cango Inc. showed an increase of +78.8% in Shares Outstanding compared to the prior fiscal year.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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