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Cango Inc (CANG)
NYSE:CANG
Earnings Data
Report Date
Mar 05, 2026After Close (Confirmed)
Period Ending
2025 (Q4)Consensus EPS Forecast
-0.03Last Year’s EPS
0.07Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The earnings call reflects a strong financial performance with significant revenue growth, increased Bitcoin production, and improved operational efficiency. However, challenges such as Bitcoin price volatility, underutilization of deployed hashrate, high mining costs, and financial leverage pose concerns.Company Guidance
Significant Revenue Growth
Total revenue reached USD 225 million, up 60.6% sequentially, driven primarily by the Bitcoin mining business.
Increased Bitcoin Production
Produced 1,930.8 Bitcoins in the third quarter, averaging 21 Bitcoins per day, representing a 37.5% increase in total output and a 36% increase in daily production compared to the second quarter of 2025.
Improved Operational Efficiency
Operational hashrate improved from 40.91 exahash in July to 46.09 exahash in October, with efficiency surpassing 90%.
Strategic Acquisition
Acquired a 50-megawatt mining facility in Georgia, reducing per unit operating costs and supporting long-term strategy.
Strong Financial Turnaround
Recorded operating income of USD 43.5 million and net income of USD 37.3 million, compared to an operating loss of USD 1.2 million and a net loss of USD 9.5 million in the same period last year.
Legacy Business Growth
AutoCango, the used car export platform, delivered strong performance with revenue of USD 3.3 million, up 90% sequentially.
CANG Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
CANG Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Dec 01, 2025 | $1.50 | $1.45 | -3.33% |
Sep 04, 2025 | $4.73 | $5.04 | +6.55% |
May 14, 2025 | $4.40 | $4.09 | -7.05% |
Mar 06, 2025 | $3.32 | $3.39 | +2.11% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Cango Inc (CANG) report earnings?
Cango Inc (CANG) is schdueled to report earning on Mar 05, 2026, After Close (Confirmed).
What is Cango Inc (CANG) earnings time?
Cango Inc (CANG) earnings time is at Mar 05, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is CANG EPS forecast?
CANG EPS forecast for the fiscal quarter 2025 (Q4) is -0.03.