Cango Inc. Reports Third Quarter 2025 Unaudited Financial Results
Cango Inc. Class A Ordinary Shares (CANG)
Last cango inc. class a ordinary shares earnings: 3/23 04:30 pm
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Source: PR Newswire
DALLAS, Dec. 2, 2025 /PRNewswire/ -- On December 1, Cango Inc. (NYSE: CANG) ("Cango" or the "Company") announced its unaudited financial results for the third quarter ended September 30, 2025.Third Quarter 2025 Financial and Operational HighlightsTotal revenues were US$224.6 million in the third quarter of 2025, an increase of 60.6% compared with the second quarter of 2025. Revenue from the bitcoin mining business in the third quarter of 2025 was US$220.9 million.Operating income was US$43.5 million and net income was US$37.3 million over the period. Adjusted EBITDA for the third quarter of 2025 was US$80.1 million.Average operating hashrate increased steadily from 40.91 EH/s in July to 44.85 EH/s in September and further improved to 46.09 EH/s in October, with efficiency surpassing 90%. This was primarily due to mining facility relocations, operational enhancements and miner hardware upgrades.A total of 1,930.8 BTC was mined over the third quarter, averaging 21.0 BTC per day, up 37.5
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News
- Cango (NYSE:CANG) had its price target lowered by analysts at HC Wainwright from $8.00 to $3.00. They now have a "buy" rating on the stock.MarketBeat
- Cango Inc (CANG) Q3 2025 Earnings Call Highlights: Revenue Surge and Strategic Expansion Amid ... [Yahoo! Finance]Yahoo! Finance
- Cango Inc. rapporteert de niet-gecontroleerde financiële resultaten van het derde kwartaal van 2025PR Newswire
- Cango Inc. Reports Third Quarter 2025 Unaudited Financial ResultsPR Newswire
- Cango Inc. Reports Third Quarter 2025 Unaudited Financial Results [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
CANG
Earnings
- 12/1/25 - Beat
CANG
Sec Filings
- 12/2/25 - Form 6-K
- 10/22/25 - Form S-8
- 10/20/25 - Form F-6
- CANG's page on the SEC website