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

CBAK Energy Technology, Inc. produced more free cash flow last quarter ($16.1M vs $-13.1M). Over the past eight quarters, CBAK Energy Technology, Inc.'s revenue compounded faster (-0.0% CAGR vs -100.0%).

Nuburu, Inc. is an advanced industrial technology firm specializing in the design, manufacturing, and distribution of high-performance blue laser solutions. Its products are primarily applied in industrial scenarios including metal welding, additive manufacturing, and power battery production, serving global clients across the automotive, aerospace, and consumer electronics sectors.

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.

BURU vs CBAT — Head-to-Head

Bigger by revenue
CBAT
CBAT
Infinity× larger
CBAT
$58.8M
$0
BURU
More free cash flow
CBAT
CBAT
$29.2M more FCF
CBAT
$16.1M
$-13.1M
BURU
Faster 2-yr revenue CAGR
CBAT
CBAT
Annualised
CBAT
-0.0%
-100.0%
BURU

Income Statement — Q4 2025 vs Q4 2025

Metric
BURU
BURU
CBAT
CBAT
Revenue
$0
$58.8M
Net Profit
$-27.8M
$-7.4M
Gross Margin
7.3%
Operating Margin
-13.6%
Net Margin
-12.5%
Revenue YoY
131.8%
Net Profit YoY
-135.2%
-63.6%
EPS (diluted)
$-1.59
$-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
BURU
BURU
CBAT
CBAT
Q4 25
$0
$58.8M
Q3 25
$0
$60.9M
Q2 25
$0
$40.5M
Q1 25
$0
$34.9M
Q4 24
$9.3K
$25.4M
Q3 24
$0
$44.6M
Q2 24
$49.3K
$47.8M
Q1 24
$93.5K
$58.8M
Net Profit
BURU
BURU
CBAT
CBAT
Q4 25
$-27.8M
$-7.4M
Q3 25
$-22.4M
$2.7M
Q2 25
$-12.2M
$-3.1M
Q1 25
$-16.6M
$-1.6M
Q4 24
$-11.8M
$-4.5M
Q3 24
$-4.3M
$17.6K
Q2 24
$-12.6M
$6.4M
Q1 24
$-5.7M
$9.8M
Gross Margin
BURU
BURU
CBAT
CBAT
Q4 25
7.3%
Q3 25
8.0%
Q2 25
11.0%
Q1 25
13.7%
Q4 24
-2640.3%
13.1%
Q3 24
15.6%
Q2 24
-1389.0%
26.6%
Q1 24
-816.1%
31.9%
Operating Margin
BURU
BURU
CBAT
CBAT
Q4 25
-13.6%
Q3 25
-6.6%
Q2 25
-8.7%
Q1 25
-8.2%
Q4 24
-31298.4%
-26.0%
Q3 24
-1.9%
Q2 24
-6565.2%
12.4%
Q1 24
-4840.6%
17.4%
Net Margin
BURU
BURU
CBAT
CBAT
Q4 25
-12.5%
Q3 25
4.4%
Q2 25
-7.6%
Q1 25
-4.5%
Q4 24
-127161.8%
-17.8%
Q3 24
0.0%
Q2 24
-25648.1%
13.5%
Q1 24
-6098.5%
16.7%
EPS (diluted)
BURU
BURU
CBAT
CBAT
Q4 25
$-1.59
$-0.08
Q3 25
$-0.20
$0.03
Q2 25
$-0.18
$-0.03
Q1 25
$-0.28
$-0.02
Q4 24
$-14.65
$-0.05
Q3 24
$-1.11
$0.00
Q2 24
$-7.57
$0.07
Q1 24
$-6.18
$0.11

Balance Sheet & Financial Strength

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

Metric
BURU
BURU
CBAT
CBAT
Cash + ST InvestmentsLiquidity on hand
$24.7M
$8.3M
Total DebtLower is stronger
$25.5M
$4.1M
Stockholders' EquityBook value
$-15.2M
$112.7M
Total Assets
$49.8M
$426.2M
Debt / EquityLower = less leverage
0.04×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BURU
BURU
CBAT
CBAT
Q4 25
$24.7M
$8.3M
Q3 25
$5.9M
$10.5M
Q2 25
$111.1K
$45.7M
Q1 25
$70.9K
$9.6M
Q4 24
$209.3K
$11.0M
Q3 24
$232.1K
$24.2M
Q2 24
$117.2K
$44.1M
Q1 24
$231.9K
$23.8M
Total Debt
BURU
BURU
CBAT
CBAT
Q4 25
$25.5M
$4.1M
Q3 25
$4.8M
Q2 25
$4.9M
Q1 25
$4.1M
Q4 24
$9.2M
Q3 24
$8.7M
Q2 24
$7.8M
Q1 24
$9.8M
Stockholders' Equity
BURU
BURU
CBAT
CBAT
Q4 25
$-15.2M
$112.7M
Q3 25
$-53.9M
$121.4M
Q2 25
$-44.7M
$118.2M
Q1 25
$-39.0M
$120.8M
Q4 24
$-37.8M
$121.7M
Q3 24
$-36.3M
$131.2M
Q2 24
$-34.8M
$126.6M
Q1 24
$-37.4M
$120.9M
Total Assets
BURU
BURU
CBAT
CBAT
Q4 25
$49.8M
$426.2M
Q3 25
$13.2M
$363.9M
Q2 25
$2.5M
$333.1M
Q1 25
$1.3M
$311.5M
Q4 24
$7.0M
$302.2M
Q3 24
$7.8M
$293.5M
Q2 24
$8.4M
$279.6M
Q1 24
$8.0M
$286.5M
Debt / Equity
BURU
BURU
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
BURU
BURU
CBAT
CBAT
Operating Cash FlowLast quarter
$-9.0M
$29.8M
Free Cash FlowOCF − Capex
$-13.1M
$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
BURU
BURU
CBAT
CBAT
Q4 25
$-9.0M
$29.8M
Q3 25
$-3.1M
$14.6M
Q2 25
$-2.1M
$13.8M
Q1 25
$-1.9M
$-9.6M
Q4 24
$-1.1M
$9.6M
Q3 24
$-1.2M
$19.7M
Q2 24
$-2.2M
$2.9M
Q1 24
$-2.1M
$7.4M
Free Cash Flow
BURU
BURU
CBAT
CBAT
Q4 25
$-13.1M
$16.1M
Q3 25
$6.0M
Q2 25
$4.1M
Q1 25
$-2.5M
$-22.3M
Q4 24
$3.9M
Q3 24
$16.5M
Q2 24
$2.5M
Q1 24
$-454.0K
FCF Margin
BURU
BURU
CBAT
CBAT
Q4 25
27.3%
Q3 25
9.9%
Q2 25
10.2%
Q1 25
-63.9%
Q4 24
15.5%
Q3 24
37.1%
Q2 24
5.2%
Q1 24
-0.8%
Capex Intensity
BURU
BURU
CBAT
CBAT
Q4 25
23.4%
Q3 25
14.1%
Q2 25
23.8%
Q1 25
36.3%
Q4 24
22.5%
Q3 24
7.0%
Q2 24
0.9%
Q1 24
13.4%
Cash Conversion
BURU
BURU
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

BURU
BURU

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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