Cango Q1 FY26 net loss widens to US$261.1 million; revenue falls 43% to US$102 million vs Q4 FY25

CANGO INC.

CANGO INC.

CANG

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  • Cango posted Q1 2026 revenue of US$102 million, down about 43% from Q4 2025.
  • Net loss widened to US$261.1 million from a loss of US$28.3 million a year earlier.
  • Operating loss widened to US$254.4 million from a loss of US$26.9 million a year earlier.
  • Bitcoin mined totaled 1,266; hashrate was 37.01 EH/s, including 27.98 EH/s self-mining and 9.02 EH/s leased capacity.
  • Launched EcoHash AI-compute platform; pilot modular container deployments advancing, with roadmap starting in GPU compute leasing.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cango Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202605311800PR_NEWS_USPR_____CN71370) on May 31, 2026, and is solely responsible for the information contained therein.

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