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Side-by-side financial comparison of Adeia Inc. (ADEA) and CBAK Energy Technology, Inc. (CBAT). Click either name above to swap in a different company.

Adeia Inc. is the larger business by last-quarter revenue ($104.8M vs $58.8M, roughly 1.8× CBAK Energy Technology, Inc.). Adeia Inc. runs the higher net margin — 21.7% vs -12.5%, a 34.3% gap on every dollar of revenue. On growth, CBAK Energy Technology, Inc. posted the faster year-over-year revenue change (131.8% vs 19.5%). Over the past eight quarters, Adeia Inc.'s revenue compounded faster (9.5% CAGR vs -0.0%).

Adeia Inc. is a global intellectual property licensing and innovation firm focused on developing, protecting and commercializing patented technologies across semiconductor manufacturing, connected consumer electronics, media distribution and smart device segments. It partners with leading global technology enterprises to deploy its innovations, supporting continuous industry technological progress.

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.

ADEA vs CBAT — Head-to-Head

Bigger by revenue
ADEA
ADEA
1.8× larger
ADEA
$104.8M
$58.8M
CBAT
Growing faster (revenue YoY)
CBAT
CBAT
+112.3% gap
CBAT
131.8%
19.5%
ADEA
Higher net margin
ADEA
ADEA
34.3% more per $
ADEA
21.7%
-12.5%
CBAT
Faster 2-yr revenue CAGR
ADEA
ADEA
Annualised
ADEA
9.5%
-0.0%
CBAT

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
ADEA
ADEA
CBAT
CBAT
Revenue
$104.8M
$58.8M
Net Profit
$22.8M
$-7.4M
Gross Margin
7.3%
Operating Margin
33.2%
-13.6%
Net Margin
21.7%
-12.5%
Revenue YoY
19.5%
131.8%
Net Profit YoY
92.8%
-63.6%
EPS (diluted)
$0.20
$-0.08

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ADEA
ADEA
CBAT
CBAT
Q1 26
$104.8M
Q4 25
$182.6M
$58.8M
Q3 25
$87.3M
$60.9M
Q2 25
$85.7M
$40.5M
Q1 25
$87.7M
$34.9M
Q4 24
$119.2M
$25.4M
Q3 24
$86.1M
$44.6M
Q2 24
$87.3M
$47.8M
Net Profit
ADEA
ADEA
CBAT
CBAT
Q1 26
$22.8M
Q4 25
$73.7M
$-7.4M
Q3 25
$8.8M
$2.7M
Q2 25
$16.7M
$-3.1M
Q1 25
$11.8M
$-1.6M
Q4 24
$36.0M
$-4.5M
Q3 24
$19.3M
$17.6K
Q2 24
$8.4M
$6.4M
Gross Margin
ADEA
ADEA
CBAT
CBAT
Q1 26
Q4 25
7.3%
Q3 25
8.0%
Q2 25
11.0%
Q1 25
13.7%
Q4 24
13.1%
Q3 24
15.6%
Q2 24
26.6%
Operating Margin
ADEA
ADEA
CBAT
CBAT
Q1 26
33.2%
Q4 25
59.5%
-13.6%
Q3 25
30.9%
-6.6%
Q2 25
19.1%
-8.7%
Q1 25
26.0%
-8.2%
Q4 24
48.2%
-26.0%
Q3 24
32.7%
-1.9%
Q2 24
27.1%
12.4%
Net Margin
ADEA
ADEA
CBAT
CBAT
Q1 26
21.7%
Q4 25
40.4%
-12.5%
Q3 25
10.1%
4.4%
Q2 25
19.5%
-7.6%
Q1 25
13.5%
-4.5%
Q4 24
30.2%
-17.8%
Q3 24
22.4%
0.0%
Q2 24
9.6%
13.5%
EPS (diluted)
ADEA
ADEA
CBAT
CBAT
Q1 26
$0.20
Q4 25
$0.66
$-0.08
Q3 25
$0.08
$0.03
Q2 25
$0.15
$-0.03
Q1 25
$0.10
$-0.02
Q4 24
$0.32
$-0.05
Q3 24
$0.17
$0.00
Q2 24
$0.07
$0.07

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ADEA
ADEA
CBAT
CBAT
Cash + ST InvestmentsLiquidity on hand
$53.3M
$8.3M
Total DebtLower is stronger
$4.1M
Stockholders' EquityBook value
$112.7M
Total Assets
$1.0B
$426.2M
Debt / EquityLower = less leverage
0.04×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ADEA
ADEA
CBAT
CBAT
Q1 26
$53.3M
Q4 25
$136.7M
$8.3M
Q3 25
$115.1M
$10.5M
Q2 25
$116.5M
$45.7M
Q1 25
$116.5M
$9.6M
Q4 24
$110.4M
$11.0M
Q3 24
$89.2M
$24.2M
Q2 24
$94.5M
$44.1M
Total Debt
ADEA
ADEA
CBAT
CBAT
Q1 26
Q4 25
$418.5M
$4.1M
Q3 25
$438.7M
$4.8M
Q2 25
$448.9M
$4.9M
Q1 25
$459.2M
$4.1M
Q4 24
$475.5M
Q3 24
$524.4M
Q2 24
$535.6M
Stockholders' Equity
ADEA
ADEA
CBAT
CBAT
Q1 26
Q4 25
$480.5M
$112.7M
Q3 25
$413.7M
$121.4M
Q2 25
$402.9M
$118.2M
Q1 25
$389.5M
$120.8M
Q4 24
$396.6M
$121.7M
Q3 24
$378.2M
$131.2M
Q2 24
$359.1M
$126.6M
Total Assets
ADEA
ADEA
CBAT
CBAT
Q1 26
$1.0B
Q4 25
$1.0B
$426.2M
Q3 25
$1.1B
$363.9M
Q2 25
$1.1B
$333.1M
Q1 25
$1.1B
$311.5M
Q4 24
$1.1B
$302.2M
Q3 24
$1.1B
$293.5M
Q2 24
$1.1B
$279.6M
Debt / Equity
ADEA
ADEA
CBAT
CBAT
Q1 26
Q4 25
0.87×
0.04×
Q3 25
1.06×
0.04×
Q2 25
1.11×
0.04×
Q1 25
1.18×
0.03×
Q4 24
1.20×
Q3 24
1.39×
Q2 24
1.49×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ADEA
ADEA
CBAT
CBAT
Operating Cash FlowLast quarter
$58.5M
$29.8M
Free Cash FlowOCF − Capex
$16.1M
FCF MarginFCF / Revenue
27.3%
Capex IntensityCapex / Revenue
23.4%
Cash ConversionOCF / Net Profit
2.57×
TTM Free Cash FlowTrailing 4 quarters
$3.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ADEA
ADEA
CBAT
CBAT
Q1 26
$58.5M
Q4 25
$60.0M
$29.8M
Q3 25
$17.8M
$14.6M
Q2 25
$23.1M
$13.8M
Q1 25
$57.1M
$-9.6M
Q4 24
$107.5M
$9.6M
Q3 24
$14.3M
$19.7M
Q2 24
$23.5M
$2.9M
Free Cash Flow
ADEA
ADEA
CBAT
CBAT
Q1 26
Q4 25
$59.4M
$16.1M
Q3 25
$17.0M
$6.0M
Q2 25
$22.9M
$4.1M
Q1 25
$56.9M
$-22.3M
Q4 24
$106.9M
$3.9M
Q3 24
$14.3M
$16.5M
Q2 24
$23.0M
$2.5M
FCF Margin
ADEA
ADEA
CBAT
CBAT
Q1 26
Q4 25
32.5%
27.3%
Q3 25
19.5%
9.9%
Q2 25
26.7%
10.2%
Q1 25
64.9%
-63.9%
Q4 24
89.7%
15.5%
Q3 24
16.6%
37.1%
Q2 24
26.4%
5.2%
Capex Intensity
ADEA
ADEA
CBAT
CBAT
Q1 26
Q4 25
0.3%
23.4%
Q3 25
0.9%
14.1%
Q2 25
0.2%
23.8%
Q1 25
0.3%
36.3%
Q4 24
0.5%
22.5%
Q3 24
0.1%
7.0%
Q2 24
0.5%
0.9%
Cash Conversion
ADEA
ADEA
CBAT
CBAT
Q1 26
2.57×
Q4 25
0.81×
Q3 25
2.02×
5.51×
Q2 25
1.38×
Q1 25
4.84×
Q4 24
2.98×
Q3 24
0.74×
1115.72×
Q2 24
2.80×
0.46×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ADEA
ADEA

Segment breakdown not available.

CBAT
CBAT

Manufacturing Lithium Batteries$28.0M48%
Residential Energy Supply And Uninterruptable Supplies$17.8M30%
Light Electric Vehicles$12.9M22%
Precursor$108.0K0%

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