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Side-by-side financial comparison of Blink Charging Co. (BLNK) 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 $27.0M, roughly 2.2× Blink Charging Co.). CBAK Energy Technology, Inc. runs the higher net margin — -12.5% vs -113.3%, a 100.7% gap on every dollar of revenue. On growth, CBAK Energy Technology, Inc. posted the faster year-over-year revenue change (131.8% vs -3.5%). Over the past eight quarters, CBAK Energy Technology, Inc.'s revenue compounded faster (-0.0% CAGR vs -15.2%).

Blink Charging Co. is an American electric vehicle charging network operator headquartered in Bowie, Maryland. One of the top three EV charging networks in the United States, it has over 90,000 chargers globally in 25 countries.

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.

BLNK vs CBAT — Head-to-Head

Bigger by revenue
CBAT
CBAT
2.2× larger
CBAT
$58.8M
$27.0M
BLNK
Growing faster (revenue YoY)
CBAT
CBAT
+135.3% gap
CBAT
131.8%
-3.5%
BLNK
Higher net margin
CBAT
CBAT
100.7% more per $
CBAT
-12.5%
-113.3%
BLNK
Faster 2-yr revenue CAGR
CBAT
CBAT
Annualised
CBAT
-0.0%
-15.2%
BLNK

Income Statement — Q4 2025 vs Q4 2025

Metric
BLNK
BLNK
CBAT
CBAT
Revenue
$27.0M
$58.8M
Net Profit
$-30.6M
$-7.4M
Gross Margin
15.8%
7.3%
Operating Margin
-120.9%
-13.6%
Net Margin
-113.3%
-12.5%
Revenue YoY
-3.5%
131.8%
Net Profit YoY
60.1%
-63.6%
EPS (diluted)
$-0.27
$-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
BLNK
BLNK
CBAT
CBAT
Q4 25
$27.0M
$58.8M
Q3 25
$27.1M
$60.9M
Q2 25
$28.7M
$40.5M
Q1 25
$20.7M
$34.9M
Q4 24
$28.0M
$25.4M
Q3 24
$25.2M
$44.6M
Q2 24
$33.3M
$47.8M
Q1 24
$37.6M
$58.8M
Net Profit
BLNK
BLNK
CBAT
CBAT
Q4 25
$-30.6M
$-7.4M
Q3 25
$-86.0K
$2.7M
Q2 25
$-32.0M
$-3.1M
Q1 25
$-20.7M
$-1.6M
Q4 24
$-76.7M
$-4.5M
Q3 24
$-87.4M
$17.6K
Q2 24
$-20.1M
$6.4M
Q1 24
$-17.2M
$9.8M
Gross Margin
BLNK
BLNK
CBAT
CBAT
Q4 25
15.8%
7.3%
Q3 25
34.5%
8.0%
Q2 25
16.8%
11.0%
Q1 25
34.1%
13.7%
Q4 24
15.7%
13.1%
Q3 24
36.2%
15.6%
Q2 24
32.2%
26.6%
Q1 24
35.7%
31.9%
Operating Margin
BLNK
BLNK
CBAT
CBAT
Q4 25
-120.9%
-13.6%
Q3 25
-1.7%
-6.6%
Q2 25
-103.0%
-8.7%
Q1 25
-103.2%
-8.2%
Q4 24
-274.2%
-26.0%
Q3 24
-350.3%
-1.9%
Q2 24
-62.1%
12.4%
Q1 24
-46.5%
17.4%
Net Margin
BLNK
BLNK
CBAT
CBAT
Q4 25
-113.3%
-12.5%
Q3 25
-0.3%
4.4%
Q2 25
-111.3%
-7.6%
Q1 25
-99.9%
-4.5%
Q4 24
-273.7%
-17.8%
Q3 24
-347.0%
0.0%
Q2 24
-60.3%
13.5%
Q1 24
-45.7%
16.7%
EPS (diluted)
BLNK
BLNK
CBAT
CBAT
Q4 25
$-0.27
$-0.08
Q3 25
$0.00
$0.03
Q2 25
$-0.28
$-0.03
Q1 25
$-0.21
$-0.02
Q4 24
$-0.77
$-0.05
Q3 24
$-0.86
$0.00
Q2 24
$-0.20
$0.07
Q1 24
$-0.17
$0.11

Balance Sheet & Financial Strength

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

Metric
BLNK
BLNK
CBAT
CBAT
Cash + ST InvestmentsLiquidity on hand
$39.6M
$8.3M
Total DebtLower is stronger
$4.1M
Stockholders' EquityBook value
$64.5M
$112.7M
Total Assets
$147.5M
$426.2M
Debt / EquityLower = less leverage
0.04×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BLNK
BLNK
CBAT
CBAT
Q4 25
$39.6M
$8.3M
Q3 25
$23.1M
$10.5M
Q2 25
$25.3M
$45.7M
Q1 25
$42.0M
$9.6M
Q4 24
$55.4M
$11.0M
Q3 24
$64.6M
$24.2M
Q2 24
$73.9M
$44.1M
Q1 24
$93.5M
$23.8M
Total Debt
BLNK
BLNK
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
BLNK
BLNK
CBAT
CBAT
Q4 25
$64.5M
$112.7M
Q3 25
$90.8M
$121.4M
Q2 25
$70.8M
$118.2M
Q1 25
$102.6M
$120.8M
Q4 24
$115.5M
$121.7M
Q3 24
$194.5M
$131.2M
Q2 24
$278.4M
$126.6M
Q1 24
$296.7M
$120.9M
Total Assets
BLNK
BLNK
CBAT
CBAT
Q4 25
$147.5M
$426.2M
Q3 25
$171.3M
$363.9M
Q2 25
$168.4M
$333.1M
Q1 25
$199.1M
$311.5M
Q4 24
$215.0M
$302.2M
Q3 24
$303.0M
$293.5M
Q2 24
$380.3M
$279.6M
Q1 24
$404.5M
$286.5M
Debt / Equity
BLNK
BLNK
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
BLNK
BLNK
CBAT
CBAT
Operating Cash FlowLast quarter
$683.0K
$29.8M
Free Cash FlowOCF − Capex
$16.1M
FCF MarginFCF / Revenue
27.3%
Capex IntensityCapex / Revenue
23.4%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$3.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BLNK
BLNK
CBAT
CBAT
Q4 25
$683.0K
$29.8M
Q3 25
$-3.0M
$14.6M
Q2 25
$-16.7M
$13.8M
Q1 25
$-11.9M
$-9.6M
Q4 24
$-13.5M
$9.6M
Q3 24
$-9.1M
$19.7M
Q2 24
$-4.3M
$2.9M
Q1 24
$-21.5M
$7.4M
Free Cash Flow
BLNK
BLNK
CBAT
CBAT
Q4 25
$16.1M
Q3 25
$-4.9M
$6.0M
Q2 25
$4.1M
Q1 25
$-14.2M
$-22.3M
Q4 24
$-14.4M
$3.9M
Q3 24
$-10.1M
$16.5M
Q2 24
$-10.0M
$2.5M
Q1 24
$-24.3M
$-454.0K
FCF Margin
BLNK
BLNK
CBAT
CBAT
Q4 25
27.3%
Q3 25
-18.0%
9.9%
Q2 25
10.2%
Q1 25
-68.6%
-63.9%
Q4 24
-51.5%
15.5%
Q3 24
-40.1%
37.1%
Q2 24
-30.1%
5.2%
Q1 24
-64.7%
-0.8%
Capex Intensity
BLNK
BLNK
CBAT
CBAT
Q4 25
23.4%
Q3 25
6.9%
14.1%
Q2 25
23.8%
Q1 25
11.4%
36.3%
Q4 24
3.4%
22.5%
Q3 24
3.9%
7.0%
Q2 24
17.3%
0.9%
Q1 24
7.5%
13.4%
Cash Conversion
BLNK
BLNK
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

BLNK
BLNK

Products$11.0M41%
Host Provider Fees$5.9M22%
Network$3.7M14%
Transferred Over Time$3.2M12%
Network Fees And Warranty Contracts$1.6M6%
Car Sharing Services$1.3M5%
Depreciation And Amortization$234.0K1%

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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