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

FIRSTSUN CAPITAL BANCORP is the larger business by last-quarter revenue ($110.0M vs $58.8M, roughly 1.9× CBAK Energy Technology, Inc.). FIRSTSUN CAPITAL BANCORP runs the higher net margin — 19.6% vs -12.5%, a 32.2% gap on every dollar of revenue. Over the past eight quarters, FIRSTSUN CAPITAL BANCORP's revenue compounded faster (6.9% 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.

FirstSun Capital Bancorp is a U.S.-headquartered financial holding company that offers a comprehensive range of banking and financial services, including commercial and consumer lending, deposit products, wealth management, and treasury solutions. It mainly serves individual customers, small and medium-sized enterprises, and corporate clients across U.S. regional markets.

CBAT vs FSUN — Head-to-Head

Bigger by revenue
FSUN
FSUN
1.9× larger
FSUN
$110.0M
$58.8M
CBAT
Higher net margin
FSUN
FSUN
32.2% more per $
FSUN
19.6%
-12.5%
CBAT
Faster 2-yr revenue CAGR
FSUN
FSUN
Annualised
FSUN
6.9%
-0.0%
CBAT

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
CBAT
CBAT
FSUN
FSUN
Revenue
$58.8M
$110.0M
Net Profit
$-7.4M
$21.6M
Gross Margin
7.3%
Operating Margin
-13.6%
Net Margin
-12.5%
19.6%
Revenue YoY
131.8%
Net Profit YoY
-63.6%
-8.4%
EPS (diluted)
$-0.08
$0.76

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
CBAT
CBAT
FSUN
FSUN
Q1 26
$110.0M
Q4 25
$58.8M
$110.2M
Q3 25
$60.9M
$107.3M
Q2 25
$40.5M
$105.6M
Q1 25
$34.9M
$96.2M
Q4 24
$25.4M
$98.7M
Q3 24
$44.6M
$98.2M
Q2 24
$47.8M
$96.2M
Net Profit
CBAT
CBAT
FSUN
FSUN
Q1 26
$21.6M
Q4 25
$-7.4M
$24.8M
Q3 25
$2.7M
$23.2M
Q2 25
$-3.1M
$26.4M
Q1 25
$-1.6M
$23.6M
Q4 24
$-4.5M
$16.4M
Q3 24
$17.6K
$22.4M
Q2 24
$6.4M
$24.6M
Gross Margin
CBAT
CBAT
FSUN
FSUN
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%
Operating Margin
CBAT
CBAT
FSUN
FSUN
Q1 26
Q4 25
-13.6%
29.0%
Q3 25
-6.6%
26.4%
Q2 25
-8.7%
31.2%
Q1 25
-8.2%
30.9%
Q4 24
-26.0%
20.4%
Q3 24
-1.9%
29.1%
Q2 24
12.4%
32.3%
Net Margin
CBAT
CBAT
FSUN
FSUN
Q1 26
19.6%
Q4 25
-12.5%
22.5%
Q3 25
4.4%
21.6%
Q2 25
-7.6%
25.0%
Q1 25
-4.5%
24.5%
Q4 24
-17.8%
16.6%
Q3 24
0.0%
22.8%
Q2 24
13.5%
25.5%
EPS (diluted)
CBAT
CBAT
FSUN
FSUN
Q1 26
$0.76
Q4 25
$-0.08
$0.89
Q3 25
$0.03
$0.82
Q2 25
$-0.03
$0.93
Q1 25
$-0.02
$0.83
Q4 24
$-0.05
$0.57
Q3 24
$0.00
$0.79
Q2 24
$0.07
$0.88

Balance Sheet & Financial Strength

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

Metric
CBAT
CBAT
FSUN
FSUN
Cash + ST InvestmentsLiquidity on hand
$8.3M
$413.7M
Total DebtLower is stronger
$4.1M
Stockholders' EquityBook value
$112.7M
$1.2B
Total Assets
$426.2M
$8.6B
Debt / EquityLower = less leverage
0.04×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CBAT
CBAT
FSUN
FSUN
Q1 26
$413.7M
Q4 25
$8.3M
$652.6M
Q3 25
$10.5M
$659.9M
Q2 25
$45.7M
$785.1M
Q1 25
$9.6M
$621.4M
Q4 24
$11.0M
$615.9M
Q3 24
$24.2M
$573.7M
Q2 24
$44.1M
$535.8M
Total Debt
CBAT
CBAT
FSUN
FSUN
Q1 26
Q4 25
$4.1M
Q3 25
$4.8M
Q2 25
$4.9M
Q1 25
$4.1M
Q4 24
Q3 24
Q2 24
Stockholders' Equity
CBAT
CBAT
FSUN
FSUN
Q1 26
$1.2B
Q4 25
$112.7M
$1.2B
Q3 25
$121.4M
$1.1B
Q2 25
$118.2M
$1.1B
Q1 25
$120.8M
$1.1B
Q4 24
$121.7M
$1.0B
Q3 24
$131.2M
$1.0B
Q2 24
$126.6M
$996.6M
Total Assets
CBAT
CBAT
FSUN
FSUN
Q1 26
$8.6B
Q4 25
$426.2M
$8.5B
Q3 25
$363.9M
$8.5B
Q2 25
$333.1M
$8.4B
Q1 25
$311.5M
$8.2B
Q4 24
$302.2M
$8.1B
Q3 24
$293.5M
$8.1B
Q2 24
$279.6M
$8.0B
Debt / Equity
CBAT
CBAT
FSUN
FSUN
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
CBAT
CBAT
FSUN
FSUN
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.

Operating Cash Flow
CBAT
CBAT
FSUN
FSUN
Q1 26
Q4 25
$29.8M
$111.5M
Q3 25
$14.6M
$49.4M
Q2 25
$13.8M
$15.0M
Q1 25
$-9.6M
$26.4M
Q4 24
$9.6M
$101.1M
Q3 24
$19.7M
$48.1M
Q2 24
$2.9M
$20.9M
Free Cash Flow
CBAT
CBAT
FSUN
FSUN
Q1 26
Q4 25
$16.1M
$104.0M
Q3 25
$6.0M
$47.6M
Q2 25
$4.1M
$13.0M
Q1 25
$-22.3M
$24.3M
Q4 24
$3.9M
$95.7M
Q3 24
$16.5M
$47.1M
Q2 24
$2.5M
$19.9M
FCF Margin
CBAT
CBAT
FSUN
FSUN
Q1 26
Q4 25
27.3%
94.3%
Q3 25
9.9%
44.4%
Q2 25
10.2%
12.3%
Q1 25
-63.9%
25.3%
Q4 24
15.5%
97.0%
Q3 24
37.1%
47.9%
Q2 24
5.2%
20.6%
Capex Intensity
CBAT
CBAT
FSUN
FSUN
Q1 26
Q4 25
23.4%
6.8%
Q3 25
14.1%
1.6%
Q2 25
23.8%
1.9%
Q1 25
36.3%
2.1%
Q4 24
22.5%
5.5%
Q3 24
7.0%
1.1%
Q2 24
0.9%
1.1%
Cash Conversion
CBAT
CBAT
FSUN
FSUN
Q1 26
Q4 25
4.49×
Q3 25
5.51×
2.13×
Q2 25
0.57×
Q1 25
1.12×
Q4 24
6.18×
Q3 24
1115.72×
2.15×
Q2 24
0.46×
0.85×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CBAT
CBAT

Manufacturing Lithium Batteries$28.0M48%
Residential Energy Supply And Uninterruptable Supplies$17.8M30%
Light Electric Vehicles$12.9M22%
Precursor$108.0K0%

FSUN
FSUN

Net Interest Income$82.8M75%
Noninterest Income$27.2M25%

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