CBAK Energy Technology, Inc.CBATEarnings & Financial Report
CBAK Energy Technology, Inc. is a global supplier of lithium-ion battery products including high-performance cells, modules and battery packs. It serves key segments such as electric vehicles, stationary energy storage systems and consumer electronics, with core operations in China and a worldwide customer base.
Revenue
$60.9M
Gross Profit
$4.9M
Operating Profit
$-4.0M
Net Profit
$2.7M
Gross Margin
8.0%
Operating Margin
-6.6%
Net Margin
4.4%
YoY Growth
36.5%
EPS
$0.03
CBAK Energy Technology, Inc. Q3 FY2025 Financial Summary
CBAK Energy Technology, Inc. reported revenue of $60.9M (up 36.5% YoY) for Q3 FY2025, with a net profit of $2.7M (up 14919.6% YoY) (4.4% margin). Cost of goods sold was $56.0M, operating expenses totaled $8.9M.
Key Financial Metrics
| Total Revenue | $60.9M |
|---|---|
| Net Profit | $2.7M |
| Gross Margin | 8.0% |
| Operating Margin | -6.6% |
| Report Period | Q3 FY2025 |
Revenue Breakdown
CBAK Energy Technology, Inc. Q3 FY2025 revenue of $60.9M breaks down across 4 segments, led by Cathode at $26.1M (42.8% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Cathode | $26.1M | 42.8% |
| Light Electric Vehicles | $18.2M | 29.8% |
| Residential Energy Supply And Uninterruptable Supplies | $15.5M | 25.4% |
| Precursor | $1.2M | 1.9% |
CBAK Energy Technology, Inc. Revenue by Segment — Quarterly Trend
CBAK Energy Technology, Inc. revenue by segment across the last 4 reported quarters, showing how each business line (such as Cathode and Light Electric Vehicles) has evolved quarter over quarter.
| Segment | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 |
|---|---|---|---|---|
| Cathode | — | $26.1M | $17.3M | $11.3M |
| Light Electric Vehicles | $12.9M | $18.2M | $2.4M | $2.8M |
| Residential Energy Supply And Uninterruptable Supplies | $17.8M | $15.5M | — | — |
| Precursor | $108.0K | $1.2M | — | — |
CBAK Energy Technology, Inc. Annual Revenue by Year
CBAK Energy Technology, Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $195.2M).
| Year | Annual Revenue |
|---|---|
| 2025 | $195.2M |
| 2024 | $176.6M |
| 2023 | $204.4M |
| 2022 | $248.7M |
CBAK Energy Technology, Inc. Quarterly Revenue & Net Profit History
CBAK Energy Technology, Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $58.8M | +131.8% | $-7.4M | -12.5% |
| Q3 FY2025 | $60.9M | +36.5% | $2.7M | 4.4% |
| Q2 FY2025 | $40.5M | -15.2% | $-3.1M | -7.6% |
| Q1 FY2025 | $34.9M | -40.6% | $-1.6M | -4.5% |
| Q4 FY2024 | $25.4M | -54.8% | $-4.5M | -17.8% |
| Q3 FY2024 | $44.6M | -29.7% | $17.6K | 0.0% |
| Q2 FY2024 | $47.8M | +12.7% | $6.4M | 13.5% |
| Q1 FY2024 | $58.8M | +38.7% | $9.8M | 16.7% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $58.8M | $47.8M | $44.6M | $25.4M | $34.9M | $40.5M | $60.9M | $58.8M |
| YoY Growth | 38.7% | 12.7% | -29.7% | -54.8% | -40.6% | -15.2% | 36.5% | 131.8% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $286.5M | $279.6M | $293.5M | $302.2M | $311.5M | $333.1M | $363.9M | $426.2M |
| Liabilities | $165.2M | $153.1M | $163.1M | $182.2M | $192.7M | $217.3M | $245.4M | $316.7M |
| Equity | $120.9M | $126.6M | $131.2M | $121.7M | $120.8M | $118.2M | $121.4M | $112.7M |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $7.4M | $2.9M | $19.7M | $9.6M | $-9.6M | $13.8M | $14.6M | $29.8M |