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Side-by-side financial comparison of CBAK Energy Technology, Inc. (CBAT) and DocGo Inc. (DCGO). Click either name above to swap in a different company.
DocGo Inc. is the larger business by last-quarter revenue ($74.9M vs $58.8M, roughly 1.3× CBAK Energy Technology, Inc.). CBAK Energy Technology, Inc. runs the higher net margin — -12.5% vs -190.0%, a 177.4% gap on every dollar of revenue. On growth, CBAK Energy Technology, Inc. posted the faster year-over-year revenue change (131.8% vs -38.0%). CBAK Energy Technology, Inc. produced more free cash flow last quarter ($16.1M vs $-12.0M). Over the past eight quarters, CBAK Energy Technology, Inc.'s revenue compounded faster (-0.0% CAGR vs -37.5%).
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.
DocGo Inc. is a U.S.-headquartered mobile healthcare and on-demand medical service provider. It offers a range of solutions including in-home urgent care, diagnostic testing, telehealth consultations, and corporate wellness programs, serving individual patients, health systems, enterprise clients, and public sector organizations across North America.
CBAT vs DCGO — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $58.8M | $74.9M |
| Net Profit | $-7.4M | $-142.3M |
| Gross Margin | 7.3% | — |
| Operating Margin | -13.6% | -139.6% |
| Net Margin | -12.5% | -190.0% |
| Revenue YoY | 131.8% | -38.0% |
| Net Profit YoY | -63.6% | -1761.4% |
| EPS (diluted) | $-0.08 | $-1.36 |
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.
| Q4 25 | $58.8M | $74.9M | ||
| Q3 25 | $60.9M | $70.8M | ||
| Q2 25 | $40.5M | $80.4M | ||
| Q1 25 | $34.9M | $96.0M | ||
| Q4 24 | $25.4M | $120.8M | ||
| Q3 24 | $44.6M | $138.7M | ||
| Q2 24 | $47.8M | $164.9M | ||
| Q1 24 | $58.8M | $192.1M |
| Q4 25 | $-7.4M | $-142.3M | ||
| Q3 25 | $2.7M | $-27.8M | ||
| Q2 25 | $-3.1M | $-11.2M | ||
| Q1 25 | $-1.6M | $-9.4M | ||
| Q4 24 | $-4.5M | $-7.6M | ||
| Q3 24 | $17.6K | $5.5M | ||
| Q2 24 | $6.4M | $6.5M | ||
| Q1 24 | $9.8M | $11.2M |
| 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% | — |
| Q4 25 | -13.6% | -139.6% | ||
| Q3 25 | -6.6% | -59.3% | ||
| Q2 25 | -8.7% | -21.7% | ||
| Q1 25 | -8.2% | -14.6% | ||
| Q4 24 | -26.0% | -6.2% | ||
| Q3 24 | -1.9% | 7.3% | ||
| Q2 24 | 12.4% | 6.2% | ||
| Q1 24 | 17.4% | 8.3% |
| Q4 25 | -12.5% | -190.0% | ||
| Q3 25 | 4.4% | -39.2% | ||
| Q2 25 | -7.6% | -13.9% | ||
| Q1 25 | -4.5% | -9.8% | ||
| Q4 24 | -17.8% | -6.3% | ||
| Q3 24 | 0.0% | 4.0% | ||
| Q2 24 | 13.5% | 4.0% | ||
| Q1 24 | 16.7% | 5.8% |
| Q4 25 | $-0.08 | $-1.36 | ||
| Q3 25 | $0.03 | $-0.28 | ||
| Q2 25 | $-0.03 | $-0.11 | ||
| Q1 25 | $-0.02 | $-0.09 | ||
| Q4 24 | $-0.05 | $-0.03 | ||
| Q3 24 | $0.00 | $0.05 | ||
| Q2 24 | $0.07 | $0.06 | ||
| Q1 24 | $0.11 | $0.10 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $8.3M | $51.0M |
| Total DebtLower is stronger | $4.1M | $235.6K |
| Stockholders' EquityBook value | $112.7M | $144.0M |
| Total Assets | $426.2M | $217.1M |
| Debt / EquityLower = less leverage | 0.04× | 0.00× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $8.3M | $51.0M | ||
| Q3 25 | $10.5M | $73.4M | ||
| Q2 25 | $45.7M | $104.2M | ||
| Q1 25 | $9.6M | $79.0M | ||
| Q4 24 | $11.0M | $89.2M | ||
| Q3 24 | $24.2M | $89.5M | ||
| Q2 24 | $44.1M | $66.1M | ||
| Q1 24 | $23.8M | $41.2M |
| Q4 25 | $4.1M | $235.6K | ||
| Q3 25 | $4.8M | $249.9K | ||
| Q2 25 | $4.9M | $12.6K | ||
| Q1 25 | $4.1M | $15.1K | ||
| Q4 24 | — | $17.7K | ||
| Q3 24 | — | $47.7K | ||
| Q2 24 | — | $52.8K | ||
| Q1 24 | — | $60.1K |
| Q4 25 | $112.7M | $144.0M | ||
| Q3 25 | $121.4M | $270.5M | ||
| Q2 25 | $118.2M | $297.3M | ||
| Q1 25 | $120.8M | $309.3M | ||
| Q4 24 | $121.7M | $320.9M | ||
| Q3 24 | $131.2M | $325.2M | ||
| Q2 24 | $126.6M | $315.2M | ||
| Q1 24 | $120.9M | $311.3M |
| Q4 25 | $426.2M | $217.1M | ||
| Q3 25 | $363.9M | $353.8M | ||
| Q2 25 | $333.1M | $408.3M | ||
| Q1 25 | $311.5M | $430.8M | ||
| Q4 24 | $302.2M | $455.6M | ||
| Q3 24 | $293.5M | $493.9M | ||
| Q2 24 | $279.6M | $488.2M | ||
| Q1 24 | $286.5M | $490.7M |
| Q4 25 | 0.04× | 0.00× | ||
| Q3 25 | 0.04× | 0.00× | ||
| Q2 25 | 0.04× | 0.00× | ||
| Q1 25 | 0.03× | 0.00× | ||
| Q4 24 | — | 0.00× | ||
| Q3 24 | — | 0.00× | ||
| Q2 24 | — | 0.00× | ||
| Q1 24 | — | 0.00× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $29.8M | $-10.5M |
| Free Cash FlowOCF − Capex | $16.1M | $-12.0M |
| FCF MarginFCF / Revenue | 27.3% | -16.0% |
| Capex IntensityCapex / Revenue | 23.4% | 2.0% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $3.9M | $29.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $29.8M | $-10.5M | ||
| Q3 25 | $14.6M | $1.7M | ||
| Q2 25 | $13.8M | $33.6M | ||
| Q1 25 | $-9.6M | $9.7M | ||
| Q4 24 | $9.6M | $12.7M | ||
| Q3 24 | $19.7M | $31.1M | ||
| Q2 24 | $2.9M | $36.9M | ||
| Q1 24 | $7.4M | $-10.6M |
| Q4 25 | $16.1M | $-12.0M | ||
| Q3 25 | $6.0M | $782.6K | ||
| Q2 25 | $4.1M | $32.9M | ||
| Q1 25 | $-22.3M | $8.2M | ||
| Q4 24 | $3.9M | $12.0M | ||
| Q3 24 | $16.5M | $30.2M | ||
| Q2 24 | $2.5M | $35.9M | ||
| Q1 24 | $-454.0K | $-11.6M |
| Q4 25 | 27.3% | -16.0% | ||
| Q3 25 | 9.9% | 1.1% | ||
| Q2 25 | 10.2% | 40.9% | ||
| Q1 25 | -63.9% | 8.5% | ||
| Q4 24 | 15.5% | 9.9% | ||
| Q3 24 | 37.1% | 21.8% | ||
| Q2 24 | 5.2% | 21.7% | ||
| Q1 24 | -0.8% | -6.0% |
| Q4 25 | 23.4% | 2.0% | ||
| Q3 25 | 14.1% | 1.2% | ||
| Q2 25 | 23.8% | 0.9% | ||
| Q1 25 | 36.3% | 1.5% | ||
| Q4 24 | 22.5% | 0.6% | ||
| Q3 24 | 7.0% | 0.7% | ||
| Q2 24 | 0.9% | 0.6% | ||
| Q1 24 | 13.4% | 0.5% |
| Q4 25 | — | — | ||
| Q3 25 | 5.51× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 1115.72× | 5.67× | ||
| Q2 24 | 0.46× | 5.65× | ||
| Q1 24 | 0.76× | -0.95× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CBAT
| Manufacturing Lithium Batteries | $28.0M | 48% |
| Residential Energy Supply And Uninterruptable Supplies | $17.8M | 30% |
| Light Electric Vehicles | $12.9M | 22% |
| Precursor | $108.0K | 0% |
DCGO
| Transportation Services Segment | $50.2M | 67% |
| Mobile Health Services Segment | $24.8M | 33% |
