Cango vs Figure Technology Solutions
Cango is the larger business, with $688m of revenue in fiscal 2025 against $507m for Figure Technology Solutions (1.4 times as much). Cango grew faster (524.3% against 48.7%). Figure Technology Solutions kept more of each dollar of sales as profit: a net margin of 26.4% against -90.4%. Figure Technology Solutions carries less debt relative to equity (45.3% against 140.4%).
| Latest fiscal year | CangoCANG, 2025 | Figure Technology SolutionsFIGR, 2025 |
|---|---|---|
| Revenue | $688m | $507m |
| Revenue growth | 524.3% | 48.7% |
| Net income | −$622m | $134m |
| Operating margin | -63.5% | 23.2% |
| Net margin | -90.4% | 26.4% |
| Return on equity | -130.8% | 16.9% |
| Free cash flow | −$119m | — |
| Cash | $41.2m | $1.20bn |
| Total debt | $558m | $557m |
| Debt to equity | 140.4% | 45.3% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | $1.2m | $0 |
| Employees | — | 307 |
| Market value | $324m | $5.45bn |
| Price vs our value range | — | — |
| Moat score | — | — |
| Insider trades, 12 months | 0 buys, 0 sales | 1 buys, 105 sales |