Cango
Runs global Bitcoin mining alongside AutoCango.com international automobile trading.
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Profile
Runs a globally deployed Bitcoin-mining network and AutoCango.com, an international automobile-trading business. Most current revenue comes from mining, while Bitmain hosting and the completed PRC-business divestiture shape the operating model.
Operates a globally deployed Bitcoin-mining network across more than 40 sites in Asia, North America, Africa, and other locations. Almost all current revenue comes from mining, while AutoCango.com remains its international automobile-trading business. Integrated energy solutions and distributed AI computing are pilot projects rather than core revenue lines.
Bitmain substantially hosts, operates, and maintains the mining machines, making hosting-counterparty execution a current operating dependency. The company sold all PRC business, including its remaining China auto-related activities, and treats that legacy business as discontinued. The current model therefore combines globally deployed mining with an international auto-trading line outside its divested PRC operations.
Company facts
Categories
Key statistics
Year to date −84.5% · Average volume (30d) 365.9K
Analysts
Ratings
Target range
Latest analyst notes
| Date | Firm | Action | Target |
|---|---|---|---|
| Dec 4, 2025 | H.C. Wainwright | Target | $3 |
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Jun 1, 2026Q1 FY26 | −$1.90 | −$7.30 | −284.2% | $100.4M | $100.0M | −0.4% | −0.48% |
| May 31, 2026Q1 FY26 | −$0.19 | −$0.73 | −284.2% | $100.4M | $100.0M | −0.4% | −4.54% |
| Mar 16, 2026Q4 FY25 | −$2.70 | −$16.00 | −492.6% | $175.7M | $176.7M | +0.6% | −16.67% |
| Dec 1, 2025Q3 FY25 | −$2.00 | $1.90 | +195.0% | $175.6M | $223.1M | +27.0% | −9.66% |
Financial highlights
| 12 quarters | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | $99.4M | $156.8M | $20.8M | $33.4M | $26.7M | $104.5M | |
| Gross profit | $27.3M | $14.7M | $175.8K | $4.0M | −$2.1M | −$27.6M | |
| Operating income | $3.4M | −$23.1M | — | $3.0M | −$3.5M | −$34.0M | |
| Net income | $8.3M | −$30.9M | — | $5.6M | −$43.4M | −$267.3M | |
| Diluted EPS | $0.18 | −$0.74 | −$1.03 | $1.03 | −$8.32 | −$7.47 | |
| Gross margin | 27.5% | 9.4% | 0.8% | 11.9% | -7.8% | -26.4% | |
| Operating margin | 3.4% | -14.8% | — | 9.0% | -13.3% | -32.5% |
Fiscal years (4-quarter sums)FY21 $583.5M · FY22 $294.7M · FY23 $253.2M · FY24 $119.7M · FY25 $237.7M
Revenue by product · FY24
Revenue by geography · FY25
Balance sheet, Mar 31, 2026Cash & short-term investments $7.3M · Total debt $33.5M · Total assets $389.9M · Shareholders' equity $215.9M
Dividends
History
| Ex-date | Record | Paid | Amount | Note |
|---|---|---|---|---|
| Nov 25, 2022 | Oct 24 | $1.00 | special dividend | |
| Oct 21, 2022 | $2.00 | |||
| Jun 16, 2022 | May 25 | $1.00 | special dividend | |
| May 24, 2022 | May 25 | Jun 15 | $2.00 |
Ownership
Shares outstanding 39.32M · Float —
Float — provider float is below the insider stake.
The provider's float is smaller than the insider stake it should exclude, so it is not shown.
Insider tradesForm 4
Nothing filed in the last 12 months.
View detailsPeers
- MARA
Large energy-and-data-center Bitcoin miner
- Bitdeer
Global miner with hosting, cloud hash rate, and ASIC lines
- Riot Platforms
Large-scale Bitcoin miner with power infrastructure
- CleanSpark
Bitcoin miner expanding into AI and HPC data centers
- IREN
Bitcoin miner with AI Cloud and data-center capacity
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Cango | $2.19 | +0.47% | $87.7M | — | — | 0.5 | −31.1% |
| MARA | $10.68 | +0.19% | $4.07B | — | — | 5.1 | −26.7% |
| Bitdeer | $10.32 | +0.10% | $2.41B | — | — | 3.0 | +47.1% |
| Riot Platforms | $18.96 | −0.16% | $7.18B | — | — | 10.6 | +13.9% |
| CleanSpark | $11.65 | −0.08% | $2.99B | — | — | 4.4 | −30.5% |
| IREN | $35.60 | +0.46% | $12.65B | — | — | 16.7 | −26.8% |
| Median | — | — | 5.1 | −26.7% |