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Side-by-side financial comparison of Better Home & Finance Holding Co (BETR) and CBAK Energy Technology, Inc. (CBAT). Click either name above to swap in a different company.

CBAK Energy Technology, Inc. is the larger business by last-quarter revenue ($58.8M vs $44.3M, roughly 1.3× Better Home & Finance Holding Co). CBAK Energy Technology, Inc. runs the higher net margin — -12.5% vs -3349.0%, a 3336.4% gap on every dollar of revenue. On growth, CBAK Energy Technology, Inc. posted the faster year-over-year revenue change (131.8% vs 77.4%). CBAK Energy Technology, Inc. produced more free cash flow last quarter ($16.1M vs $-167.8M). Over the past eight quarters, Better Home & Finance Holding Co's revenue compounded faster (41.1% CAGR vs -0.0%).

Bajaj Finance Limited (BFL) is an Indian deposit-taking non-banking financial company (NBFC-UL) headquartered in Pune. It has 110.64 million customers and holds assets under management worth ₹462,250 crore (US$55 billion), as of September 2025.

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.

BETR vs CBAT — Head-to-Head

Bigger by revenue
CBAT
CBAT
1.3× larger
CBAT
$58.8M
$44.3M
BETR
Growing faster (revenue YoY)
CBAT
CBAT
+54.4% gap
CBAT
131.8%
77.4%
BETR
Higher net margin
CBAT
CBAT
3336.4% more per $
CBAT
-12.5%
-3349.0%
BETR
More free cash flow
CBAT
CBAT
$183.8M more FCF
CBAT
$16.1M
$-167.8M
BETR
Faster 2-yr revenue CAGR
BETR
BETR
Annualised
BETR
41.1%
-0.0%
CBAT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BETR
BETR
CBAT
CBAT
Revenue
$44.3M
$58.8M
Net Profit
$-39.9M
$-7.4M
Gross Margin
7.3%
Operating Margin
-3376.8%
-13.6%
Net Margin
-3349.0%
-12.5%
Revenue YoY
77.4%
131.8%
Net Profit YoY
32.6%
-63.6%
EPS (diluted)
$-2.52
$-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
BETR
BETR
CBAT
CBAT
Q4 25
$44.3M
$58.8M
Q3 25
$43.9M
$60.9M
Q2 25
$44.1M
$40.5M
Q1 25
$32.6M
$34.9M
Q4 24
$25.0M
$25.4M
Q3 24
$29.0M
$44.6M
Q2 24
$32.3M
$47.8M
Q1 24
$22.3M
$58.8M
Net Profit
BETR
BETR
CBAT
CBAT
Q4 25
$-39.9M
$-7.4M
Q3 25
$-39.1M
$2.7M
Q2 25
$-36.3M
$-3.1M
Q1 25
$-50.6M
$-1.6M
Q4 24
$-59.2M
$-4.5M
Q3 24
$-54.2M
$17.6K
Q2 24
$-41.4M
$6.4M
Q1 24
$-51.5M
$9.8M
Gross Margin
BETR
BETR
CBAT
CBAT
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%
Q1 24
31.9%
Operating Margin
BETR
BETR
CBAT
CBAT
Q4 25
-3376.8%
-13.6%
Q3 25
-88.9%
-6.6%
Q2 25
-81.9%
-8.7%
Q1 25
-154.9%
-8.2%
Q4 24
-1428.3%
-26.0%
Q3 24
-186.5%
-1.9%
Q2 24
-127.6%
12.4%
Q1 24
-230.8%
17.4%
Net Margin
BETR
BETR
CBAT
CBAT
Q4 25
-3349.0%
-12.5%
Q3 25
-89.2%
4.4%
Q2 25
-82.2%
-7.6%
Q1 25
-155.3%
-4.5%
Q4 24
-1437.5%
-17.8%
Q3 24
-187.0%
0.0%
Q2 24
-128.2%
13.5%
Q1 24
-231.4%
16.7%
EPS (diluted)
BETR
BETR
CBAT
CBAT
Q4 25
$-2.52
$-0.08
Q3 25
$-2.56
$0.03
Q2 25
$-2.39
$-0.03
Q1 25
$-3.33
$-0.02
Q4 24
$-3.92
$-0.05
Q3 24
$-3.58
$0.00
Q2 24
$-2.74
$0.07
Q1 24
$-3.41
$0.11

Balance Sheet & Financial Strength

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

Metric
BETR
BETR
CBAT
CBAT
Cash + ST InvestmentsLiquidity on hand
$203.4M
$8.3M
Total DebtLower is stronger
$4.1M
Stockholders' EquityBook value
$37.2M
$112.7M
Total Assets
$1.5B
$426.2M
Debt / EquityLower = less leverage
0.04×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BETR
BETR
CBAT
CBAT
Q4 25
$203.4M
$8.3M
Q3 25
$205.8M
$10.5M
Q2 25
$221.5M
$45.7M
Q1 25
$228.0M
$9.6M
Q4 24
$264.9M
$11.0M
Q3 24
$262.1M
$24.2M
Q2 24
$378.8M
$44.1M
Q1 24
$482.6M
$23.8M
Total Debt
BETR
BETR
CBAT
CBAT
Q4 25
$4.1M
Q3 25
$4.8M
Q2 25
$4.9M
Q1 25
$4.1M
Q4 24
Q3 24
Q2 24
Q1 24
Stockholders' Equity
BETR
BETR
CBAT
CBAT
Q4 25
$37.2M
$112.7M
Q3 25
$41.9M
$121.4M
Q2 25
$76.6M
$118.2M
Q1 25
$-102.1M
$120.8M
Q4 24
$-58.2M
$121.7M
Q3 24
$388.0K
$131.2M
Q2 24
$44.9M
$126.6M
Q1 24
$76.3M
$120.9M
Total Assets
BETR
BETR
CBAT
CBAT
Q4 25
$1.5B
$426.2M
Q3 25
$1.4B
$363.9M
Q2 25
$1.2B
$333.1M
Q1 25
$1.0B
$311.5M
Q4 24
$913.1M
$302.2M
Q3 24
$845.2M
$293.5M
Q2 24
$957.9M
$279.6M
Q1 24
$841.6M
$286.5M
Debt / Equity
BETR
BETR
CBAT
CBAT
Q4 25
0.04×
Q3 25
0.04×
Q2 25
0.04×
Q1 25
0.03×
Q4 24
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

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

Metric
BETR
BETR
CBAT
CBAT
Operating Cash FlowLast quarter
$-166.6M
$29.8M
Free Cash FlowOCF − Capex
$-167.8M
$16.1M
FCF MarginFCF / Revenue
-378.6%
27.3%
Capex IntensityCapex / Revenue
2.7%
23.4%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-277.9M
$3.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BETR
BETR
CBAT
CBAT
Q4 25
$-166.6M
$29.8M
Q3 25
$4.2M
$14.6M
Q2 25
$-56.3M
$13.8M
Q1 25
$-57.2M
$-9.6M
Q4 24
$-380.0M
$9.6M
Q3 24
$-10.6M
$19.7M
Q2 24
$-220.6M
$2.9M
Q1 24
$-42.8M
$7.4M
Free Cash Flow
BETR
BETR
CBAT
CBAT
Q4 25
$-167.8M
$16.1M
Q3 25
$4.0M
$6.0M
Q2 25
$-56.7M
$4.1M
Q1 25
$-57.4M
$-22.3M
Q4 24
$-383.4M
$3.9M
Q3 24
$-11.7M
$16.5M
Q2 24
$-221.8M
$2.5M
Q1 24
$-43.3M
$-454.0K
FCF Margin
BETR
BETR
CBAT
CBAT
Q4 25
-378.6%
27.3%
Q3 25
9.1%
9.9%
Q2 25
-128.5%
10.2%
Q1 25
-176.3%
-63.9%
Q4 24
-1534.6%
15.5%
Q3 24
-40.5%
37.1%
Q2 24
-687.6%
5.2%
Q1 24
-194.5%
-0.8%
Capex Intensity
BETR
BETR
CBAT
CBAT
Q4 25
2.7%
23.4%
Q3 25
0.5%
14.1%
Q2 25
0.9%
23.8%
Q1 25
0.6%
36.3%
Q4 24
13.6%
22.5%
Q3 24
4.1%
7.0%
Q2 24
3.9%
0.9%
Q1 24
2.1%
13.4%
Cash Conversion
BETR
BETR
CBAT
CBAT
Q4 25
Q3 25
5.51×
Q2 25
Q1 25
Q4 24
Q3 24
1115.72×
Q2 24
0.46×
Q1 24
0.76×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BETR
BETR

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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