Cango Inc

CANG

Market cap $135M

Cango Inc. (CANG) Q1 2026 Earnings Call Transcript

Cango NYSE: CANG reported first-quarter 2026 revenue of approximately $102 million, driven primarily by its Bitcoin mining business, as management said the company is prioritizing cost discipline and cash flow resilience over hash rate scale during a period of industry adjustment.

DALLAS, May 31, 2026 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a leading Bitcoin miner leveraging its global operations to develop an integrated energy and AI compute platform, today announced its unaudited financial results for the first quarter ended March 31, 2026. First Quarter of 2026 Financial and Operational Highlights Financial Performance: In the first quarter of 2026, the Company generated total revenue of US$102.0 million, primarily driven by US$98.4 million from its Bitcoin mining business.

DALLAS, May 28, 2026 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a leading Bitcoin miner leveraging its global operations to develop an integrated energy and AI compute platform, today announced that it plans to release its unaudited financial results for the first quarter ended March 31, 2026 on Sunday, May 31, 2026. The earnings release will be available on the Company's investor relations website at http://ir.cangoonline.com.

DALLAS, May 8, 2026 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a leading Bitcoin miner leveraging its global operations to develop an integrated energy and AI compute platform, today announced its operational update for April 2026. The Company continues to prioritize margin and cost-efficiency over scale.

DALLAS, April 22, 2026 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company") today announced that Mr. Simon Ming Yeung Tang, who most recently served as the chief investment officer of the Company, has been appointed as a director and the chief financial officer of the Company, effective as of April 22, 2026.

DALLAS, April 13, 2026 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a leading Bitcoin miner leveraging its global operations to develop an integrated energy and AI compute platform, today announced the launch of the official digital portal for its subsidiary, EcoHash Technology LLC ('EcoHash' or the 'Subsidiary'). Accessible at www.ecohash.com, this platform serves as the primary interface for EcoHash's high-performance computing (HPC) and AI inference operations.

DALLAS, April 13, 2026 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a leading Bitcoin miner leveraging its global operations to develop an integrated energy and AI compute platform, today announced the launch of the official digital portal for its subsidiary, EcoHash Technology LLC ('EcoHash' or the 'Subsidiary'). Accessible at www.ecohash.com, this platform serves as the primary interface for EcoHash's high-performance computing (HPC) and AI inference operations.

DALLAS, April 10, 2026 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a leading Bitcoin miner leveraging its global operations to develop an integrated energy and AI compute platform, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2025 with the Securities and Exchange Commission (the "SEC") on April 10, 2026, U.S. Eastern Time. The annual report can be accessed on the Company's investor relations website at ir.cangoonline.com or the SEC's website at www.sec.gov.

DALLAS, April 8, 2026 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a leading Bitcoin miner leveraging its global operations to develop an integrated energy and AI compute platform, today announced its operational update for March 2026. The Company is strategically optimizing its mining operations to prioritize cash margin over scale.