Jun 2026 (Q2 FY26) — Sep 1, 2026
Cango Inc. Q2 FY26 — Strategic Shift to AI and Mining Optimization
Read the full callCango earnings: last reported Tue, 1 Sep 2026, for the quarter ended Jun 2026.
Price
1Y: $20.7 on 17 Oct 2025 → $2.15. High $21.7 (20 Oct 2025), low $1.4 (31 Jul 2026).
Overview
Call summaries
Cango Inc. Q2 FY26 — Strategic Shift to AI and Mining Optimization
Read the full callCango Inc. Q1 FY26 — Bitcoin-price charges drive $261M net loss as fleet reset and deleveraging advance
Read the full callEvery analysed call
Financials
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Equity capital | — | — | — | — | — | — | 0 | — |
| Reserves | 102 | 122 | 606 | 469 | 1 | -47 | -14 | -636 |
| Total liabilities | 298 | 466 | 578 | 621 | 391 | 117 | 264 | 736 |
| Fixed assets | 3 | 2 | 2 | 3 | 2 | 1 | 0 | 19 |
| Investments | 39 | 86 | 3,687 | 73 | 0 | 0 | 40 | — |
| Total assets | 1,062 | 1,255 | 1,861 | 1,718 | 1,017 | 655 | 818 | 1,133 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | 27 | 61 | -95 | -63 | -82 | 146 | -41 | -110 |
| Cash from investing | -238 | -172 | -76 | 418 | 284 | 303 | -179 | 79 |
| Cash from financing | 595 | 105 | -58 | -305 | -434 | -170 | -18 | -149 |
| Net cash flow | 400 | -5 | -235 | 46 | -193 | 277 | -246 | -176 |
| Capital expenditure | -2 | -6 | -1 | -3 | -1 | -0 | -0 | -9 |
| Free cash flow | 25 | 55 | -96 | -66 | -83 | 146 | -41 | -119 |
| KPI | Mar 2026 Q1 FY26 | Jun 2026 Q2 FY26 | Change vs prior quarter |
|---|---|---|---|
| Bitcoins held | 1,025.7By the end of the quarter, we held 1,025.7 Bitcoin, and we reduced our long-term debt to $30.6 million.Source: earnings call transcript | 1,056As of June 30, we held 1,056 Bitcoins.Source: earnings call transcript | +3% |
Operating figures the company stated on at least two of the calls shown, checked against each call's transcript. Click a figure to read the sentence. A dash means it was not stated that quarter.
No filings in the last 12 months.
No officer, director or 10% owner of CANG filed a Form 4 in this window. That is a statement about filings, not about ownership — see the note below.
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.
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