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Side-by-side financial comparison of CBAK Energy Technology, Inc. (CBAT) and Finwise Bancorp (FINW). 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 $42.7M, roughly 1.4× Finwise Bancorp). Finwise Bancorp runs the higher net margin — 6.4% vs -12.5%, a 18.9% gap on every dollar of revenue. Over the past eight quarters, Finwise Bancorp's revenue compounded faster (47.0% CAGR vs -0.0%).
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.
Finwise Bancorp is a U.S.-based financial holding company that operates primarily through its community banking subsidiary. It offers a full suite of retail and commercial financial services, including deposit accounts, personal loans, mortgage products, small business financing, and wealth management solutions, serving local retail consumers and small to medium-sized business clients across its regional operating markets.
CBAT vs FINW — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $58.8M | $42.7M |
| Net Profit | $-7.4M | $2.7M |
| Gross Margin | 7.3% | — |
| Operating Margin | -13.6% | — |
| Net Margin | -12.5% | 6.4% |
| Revenue YoY | 131.8% | — |
| Net Profit YoY | -63.6% | — |
| EPS (diluted) | $-0.08 | $0.20 |
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.
| Q1 26 | — | $42.7M | ||
| Q4 25 | $58.8M | $46.9M | ||
| Q3 25 | $60.9M | $36.7M | ||
| Q2 25 | $40.5M | $25.1M | ||
| Q1 25 | $34.9M | $22.1M | ||
| Q4 24 | $25.4M | $21.1M | ||
| Q3 24 | $44.6M | $20.8M | ||
| Q2 24 | $47.8M | $19.8M |
| Q1 26 | — | $2.7M | ||
| Q4 25 | $-7.4M | $3.9M | ||
| Q3 25 | $2.7M | $4.9M | ||
| Q2 25 | $-3.1M | $4.1M | ||
| Q1 25 | $-1.6M | $3.2M | ||
| Q4 24 | $-4.5M | $2.8M | ||
| Q3 24 | $17.6K | $3.5M | ||
| Q2 24 | $6.4M | $3.2M |
| 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% | — |
| Q1 26 | — | — | ||
| Q4 25 | -13.6% | 11.7% | ||
| Q3 25 | -6.6% | 17.5% | ||
| Q2 25 | -8.7% | 21.7% | ||
| Q1 25 | -8.2% | 20.1% | ||
| Q4 24 | -26.0% | 17.5% | ||
| Q3 24 | -1.9% | 22.2% | ||
| Q2 24 | 12.4% | 21.1% |
| Q1 26 | — | 6.4% | ||
| Q4 25 | -12.5% | 8.4% | ||
| Q3 25 | 4.4% | 13.3% | ||
| Q2 25 | -7.6% | 16.3% | ||
| Q1 25 | -4.5% | 14.4% | ||
| Q4 24 | -17.8% | 13.2% | ||
| Q3 24 | 0.0% | 16.6% | ||
| Q2 24 | 13.5% | 16.1% |
| Q1 26 | — | $0.20 | ||
| Q4 25 | $-0.08 | $0.27 | ||
| Q3 25 | $0.03 | $0.34 | ||
| Q2 25 | $-0.03 | $0.29 | ||
| Q1 25 | $-0.02 | $0.23 | ||
| Q4 24 | $-0.05 | $0.19 | ||
| Q3 24 | $0.00 | $0.25 | ||
| Q2 24 | $0.07 | $0.24 |
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 | — |
| Total DebtLower is stronger | $4.1M | — |
| Stockholders' EquityBook value | $112.7M | $196.6M |
| Total Assets | $426.2M | $899.4M |
| Debt / EquityLower = less leverage | 0.04× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $8.3M | $163.4M | ||
| Q3 25 | $10.5M | $105.6M | ||
| Q2 25 | $45.7M | $90.1M | ||
| Q1 25 | $9.6M | $120.3M | ||
| Q4 24 | $11.0M | $109.2M | ||
| Q3 24 | $24.2M | $85.8M | ||
| Q2 24 | $44.1M | $89.0M |
| Q1 26 | — | — | ||
| Q4 25 | $4.1M | — | ||
| Q3 25 | $4.8M | — | ||
| Q2 25 | $4.9M | — | ||
| Q1 25 | $4.1M | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | — | $196.6M | ||
| Q4 25 | $112.7M | $193.2M | ||
| Q3 25 | $121.4M | $187.8M | ||
| Q2 25 | $118.2M | $182.0M | ||
| Q1 25 | $120.8M | $177.4M | ||
| Q4 24 | $121.7M | $173.7M | ||
| Q3 24 | $131.2M | $170.4M | ||
| Q2 24 | $126.6M | $165.8M |
| Q1 26 | — | $899.4M | ||
| Q4 25 | $426.2M | $977.1M | ||
| Q3 25 | $363.9M | $899.9M | ||
| Q2 25 | $333.1M | $842.5M | ||
| Q1 25 | $311.5M | $804.1M | ||
| Q4 24 | $302.2M | $746.0M | ||
| Q3 24 | $293.5M | $683.0M | ||
| Q2 24 | $279.6M | $617.8M |
| Q1 26 | — | — | ||
| Q4 25 | 0.04× | — | ||
| Q3 25 | 0.04× | — | ||
| Q2 25 | 0.04× | — | ||
| Q1 25 | 0.03× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
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 | — |
| 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.
| Q1 26 | — | — | ||
| Q4 25 | $29.8M | $-28.4M | ||
| Q3 25 | $14.6M | $3.5M | ||
| Q2 25 | $13.8M | $-18.3M | ||
| Q1 25 | $-9.6M | $-21.6M | ||
| Q4 24 | $9.6M | $-15.0M | ||
| Q3 24 | $19.7M | $-9.8M | ||
| Q2 24 | $2.9M | $-7.6M |
| Q1 26 | — | — | ||
| Q4 25 | $16.1M | $-28.6M | ||
| Q3 25 | $6.0M | $3.4M | ||
| Q2 25 | $4.1M | $-19.8M | ||
| Q1 25 | $-22.3M | $-23.3M | ||
| Q4 24 | $3.9M | $-16.1M | ||
| Q3 24 | $16.5M | $-13.4M | ||
| Q2 24 | $2.5M | $-7.7M |
| Q1 26 | — | — | ||
| Q4 25 | 27.3% | -61.1% | ||
| Q3 25 | 9.9% | 9.4% | ||
| Q2 25 | 10.2% | -79.0% | ||
| Q1 25 | -63.9% | -105.3% | ||
| Q4 24 | 15.5% | -76.0% | ||
| Q3 24 | 37.1% | -64.3% | ||
| Q2 24 | 5.2% | -38.7% |
| Q1 26 | — | — | ||
| Q4 25 | 23.4% | 0.5% | ||
| Q3 25 | 14.1% | 0.1% | ||
| Q2 25 | 23.8% | 5.8% | ||
| Q1 25 | 36.3% | 7.4% | ||
| Q4 24 | 22.5% | 5.1% | ||
| Q3 24 | 7.0% | 17.2% | ||
| Q2 24 | 0.9% | 0.3% |
| Q1 26 | — | — | ||
| Q4 25 | — | -7.26× | ||
| Q3 25 | 5.51× | 0.71× | ||
| Q2 25 | — | -4.48× | ||
| Q1 25 | — | -6.78× | ||
| Q4 24 | — | -5.37× | ||
| Q3 24 | 1115.72× | -2.84× | ||
| Q2 24 | 0.46× | -2.39× |
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% |
FINW
| Net Interest Income | $28.1M | 66% |
| Noninterest Income | $14.6M | 34% |
