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Side-by-side financial comparison of CBAK Energy Technology, Inc. (CBAT) and Global Net Lease, Inc. (GNL). Click either name above to swap in a different company.
Global Net Lease, Inc. is the larger business by last-quarter revenue ($117.0M vs $58.8M, roughly 2.0× CBAK Energy Technology, Inc.). Global Net Lease, Inc. runs the higher net margin — 41.2% vs -12.5%, a 53.7% gap on every dollar of revenue. On growth, CBAK Energy Technology, Inc. posted the faster year-over-year revenue change (131.8% vs -15.1%). Over the past eight quarters, CBAK Energy Technology, Inc.'s revenue compounded faster (-0.0% CAGR vs -11.1%).
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.
Global Net Lease, Inc. is a publicly traded real estate investment trust that acquires, owns and manages a diversified portfolio of commercial real estate assets under long-term net lease contracts. Its property portfolio spans North America and Europe, covering industrial, office, retail and other key sectors, serving tenants across multiple industries to deliver consistent long-term returns for shareholders.
CBAT vs GNL — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $58.8M | $117.0M |
| Net Profit | $-7.4M | $48.2M |
| Gross Margin | 7.3% | — |
| Operating Margin | -13.6% | 94.7% |
| Net Margin | -12.5% | 41.2% |
| Revenue YoY | 131.8% | -15.1% |
| Net Profit YoY | -63.6% | 838.7% |
| EPS (diluted) | $-0.08 | $0.14 |
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 | $117.0M | ||
| Q3 25 | $60.9M | $121.0M | ||
| Q2 25 | $40.5M | $124.9M | ||
| Q1 25 | $34.9M | $132.4M | ||
| Q4 24 | $25.4M | $137.8M | ||
| Q3 24 | $44.6M | $138.7M | ||
| Q2 24 | $47.8M | $145.5M | ||
| Q1 24 | $58.8M | $147.9M |
| Q4 25 | $-7.4M | $48.2M | ||
| Q3 25 | $2.7M | $-60.1M | ||
| Q2 25 | $-3.1M | $-24.1M | ||
| Q1 25 | $-1.6M | $-189.4M | ||
| Q4 24 | $-4.5M | $-6.5M | ||
| Q3 24 | $17.6K | $-65.6M | ||
| Q2 24 | $6.4M | $-35.7M | ||
| Q1 24 | $9.8M | $-23.8M |
| 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% | 94.7% | ||
| Q3 25 | -6.6% | -11.7% | ||
| Q2 25 | -8.7% | 33.9% | ||
| Q1 25 | -8.2% | -21.1% | ||
| Q4 24 | -26.0% | 40.8% | ||
| Q3 24 | -1.9% | 9.3% | ||
| Q2 24 | 12.4% | 42.6% | ||
| Q1 24 | 17.4% | 38.6% |
| Q4 25 | -12.5% | 41.2% | ||
| Q3 25 | 4.4% | -49.7% | ||
| Q2 25 | -7.6% | -19.3% | ||
| Q1 25 | -4.5% | -143.0% | ||
| Q4 24 | -17.8% | -4.7% | ||
| Q3 24 | 0.0% | -47.3% | ||
| Q2 24 | 13.5% | -24.5% | ||
| Q1 24 | 16.7% | -16.1% |
| Q4 25 | $-0.08 | $0.14 | ||
| Q3 25 | $0.03 | $-0.32 | ||
| Q2 25 | $-0.03 | $-0.16 | ||
| Q1 25 | $-0.02 | $-0.87 | ||
| Q4 24 | $-0.05 | $-0.08 | ||
| Q3 24 | $0.00 | $-0.33 | ||
| Q2 24 | $0.07 | $-0.20 | ||
| Q1 24 | $0.11 | $-0.15 |
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 | $180.1M |
| Total DebtLower is stronger | $4.1M | — |
| Stockholders' EquityBook value | $112.7M | $1.7B |
| Total Assets | $426.2M | $4.3B |
| Debt / EquityLower = less leverage | 0.04× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $8.3M | $180.1M | ||
| Q3 25 | $10.5M | $165.1M | ||
| Q2 25 | $45.7M | $144.8M | ||
| Q1 25 | $9.6M | $147.0M | ||
| Q4 24 | $11.0M | $159.7M | ||
| Q3 24 | $24.2M | $127.2M | ||
| Q2 24 | $44.1M | $122.2M | ||
| Q1 24 | $23.8M | $131.9M |
| Q4 25 | $4.1M | — | ||
| Q3 25 | $4.8M | — | ||
| Q2 25 | $4.9M | — | ||
| Q1 25 | $4.1M | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $112.7M | $1.7B | ||
| Q3 25 | $121.4M | $1.7B | ||
| Q2 25 | $118.2M | $1.8B | ||
| Q1 25 | $120.8M | $1.9B | ||
| Q4 24 | $121.7M | $2.2B | ||
| Q3 24 | $131.2M | $2.3B | ||
| Q2 24 | $126.6M | $2.4B | ||
| Q1 24 | $120.9M | $2.5B |
| Q4 25 | $426.2M | $4.3B | ||
| Q3 25 | $363.9M | $4.8B | ||
| Q2 25 | $333.1M | $5.0B | ||
| Q1 25 | $311.5M | $5.8B | ||
| Q4 24 | $302.2M | $7.0B | ||
| Q3 24 | $293.5M | $7.3B | ||
| Q2 24 | $279.6M | $7.6B | ||
| Q1 24 | $286.5M | $8.0B |
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $29.8M | $222.8M |
| Free Cash FlowOCF − Capex | $16.1M | — |
| FCF MarginFCF / Revenue | 27.3% | — |
| Capex IntensityCapex / Revenue | 23.4% | — |
| Cash ConversionOCF / Net Profit | — | 4.62× |
| TTM Free Cash FlowTrailing 4 quarters | $3.9M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $29.8M | $222.8M | ||
| Q3 25 | $14.6M | $56.0M | ||
| Q2 25 | $13.8M | $52.0M | ||
| Q1 25 | $-9.6M | $59.2M | ||
| Q4 24 | $9.6M | $299.5M | ||
| Q3 24 | $19.7M | $62.1M | ||
| Q2 24 | $2.9M | $70.4M | ||
| Q1 24 | $7.4M | $92.2M |
| Q4 25 | $16.1M | — | ||
| Q3 25 | $6.0M | — | ||
| Q2 25 | $4.1M | — | ||
| Q1 25 | $-22.3M | — | ||
| Q4 24 | $3.9M | — | ||
| Q3 24 | $16.5M | — | ||
| Q2 24 | $2.5M | — | ||
| Q1 24 | $-454.0K | — |
| 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% | — |
| 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% | — |
| Q4 25 | — | 4.62× | ||
| 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
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% |
GNL
| Industrial And Distribution Segment | $56.0M | 48% |
| Office Segment | $30.8M | 26% |
| Single Tenant Retail Segment | $30.2M | 26% |
