vs
Side-by-side financial comparison of CBAK Energy Technology, Inc. (CBAT) and NATIONAL RESEARCH CORP (NRC). 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 $35.2M, roughly 1.7× NATIONAL RESEARCH CORP). NATIONAL RESEARCH CORP runs the higher net margin — 5.1% vs -12.5%, a 17.7% gap on every dollar of revenue. On growth, CBAK Energy Technology, Inc. posted the faster year-over-year revenue change (131.8% vs -4.6%). CBAK Energy Technology, Inc. produced more free cash flow last quarter ($16.1M vs $6.1M). Over the past eight quarters, CBAK Energy Technology, Inc.'s revenue compounded faster (-0.0% CAGR vs -0.2%).
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.
National Research Corporation, doing business as NRC Health, is an American healthcare company which provides healthcare products and subscription-based solutions in United States and Canada. It was founded in 1981, and is based in Lincoln, Nebraska.
CBAT vs NRC — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $58.8M | $35.2M |
| Net Profit | $-7.4M | $1.8M |
| Gross Margin | 7.3% | — |
| Operating Margin | -13.6% | 13.3% |
| Net Margin | -12.5% | 5.1% |
| Revenue YoY | 131.8% | -4.6% |
| Net Profit YoY | -63.6% | -72.6% |
| EPS (diluted) | $-0.08 | $49.58 |
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 | $35.2M | ||
| Q3 25 | $60.9M | $34.6M | ||
| Q2 25 | $40.5M | $34.0M | ||
| Q1 25 | $34.9M | $33.6M | ||
| Q4 24 | $25.4M | $36.9M | ||
| Q3 24 | $44.6M | $35.8M | ||
| Q2 24 | $47.8M | $35.0M | ||
| Q1 24 | $58.8M | $35.3M |
| Q4 25 | $-7.4M | $1.8M | ||
| Q3 25 | $2.7M | $4.1M | ||
| Q2 25 | $-3.1M | $-106.0K | ||
| Q1 25 | $-1.6M | $5.8M | ||
| Q4 24 | $-4.5M | $6.6M | ||
| Q3 24 | $17.6K | $5.7M | ||
| Q2 24 | $6.4M | $6.2M | ||
| Q1 24 | $9.8M | $6.4M |
| 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% | 13.3% | ||
| Q3 25 | -6.6% | 22.4% | ||
| Q2 25 | -8.7% | 4.7% | ||
| Q1 25 | -8.2% | 25.6% | ||
| Q4 24 | -26.0% | 26.0% | ||
| Q3 24 | -1.9% | 22.3% | ||
| Q2 24 | 12.4% | 25.3% | ||
| Q1 24 | 17.4% | 24.8% |
| Q4 25 | -12.5% | 5.1% | ||
| Q3 25 | 4.4% | 11.9% | ||
| Q2 25 | -7.6% | -0.3% | ||
| Q1 25 | -4.5% | 17.2% | ||
| Q4 24 | -17.8% | 17.8% | ||
| Q3 24 | 0.0% | 15.9% | ||
| Q2 24 | 13.5% | 17.6% | ||
| Q1 24 | 16.7% | 18.0% |
| Q4 25 | $-0.08 | $49.58 | ||
| Q3 25 | $0.03 | $0.18 | ||
| Q2 25 | $-0.03 | $-0.01 | ||
| Q1 25 | $-0.02 | $0.25 | ||
| Q4 24 | $-0.05 | $0.27 | ||
| Q3 24 | $0.00 | $0.24 | ||
| Q2 24 | $0.07 | $0.26 | ||
| Q1 24 | $0.11 | $0.27 |
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 | $4.1M |
| Total DebtLower is stronger | $4.1M | — |
| Stockholders' EquityBook value | $112.7M | $14.0M |
| Total Assets | $426.2M | $134.9M |
| Debt / EquityLower = less leverage | 0.04× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $8.3M | $4.1M | ||
| Q3 25 | $10.5M | $2.2M | ||
| Q2 25 | $45.7M | $5.3M | ||
| Q1 25 | $9.6M | $2.5M | ||
| Q4 24 | $11.0M | $4.2M | ||
| Q3 24 | $24.2M | $3.5M | ||
| Q2 24 | $44.1M | $485.0K | ||
| Q1 24 | $23.8M | $1.7M |
| Q4 25 | $4.1M | — | ||
| Q3 25 | $4.8M | — | ||
| Q2 25 | $4.9M | — | ||
| Q1 25 | $4.1M | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $48.7M | ||
| Q2 24 | — | $33.3M | ||
| Q1 24 | — | $35.2M |
| Q4 25 | $112.7M | $14.0M | ||
| Q3 25 | $121.4M | $14.3M | ||
| Q2 25 | $118.2M | $21.3M | ||
| Q1 25 | $120.8M | $29.7M | ||
| Q4 24 | $121.7M | $31.3M | ||
| Q3 24 | $131.2M | $34.6M | ||
| Q2 24 | $126.6M | $40.2M | ||
| Q1 24 | $120.9M | $36.9M |
| Q4 25 | $426.2M | $134.9M | ||
| Q3 25 | $363.9M | $135.7M | ||
| Q2 25 | $333.1M | $141.4M | ||
| Q1 25 | $311.5M | $135.2M | ||
| Q4 24 | $302.2M | $132.5M | ||
| Q3 24 | $293.5M | $131.8M | ||
| Q2 24 | $279.6M | $119.1M | ||
| Q1 24 | $286.5M | $120.9M |
| Q4 25 | 0.04× | — | ||
| Q3 25 | 0.04× | — | ||
| Q2 25 | 0.04× | — | ||
| Q1 25 | 0.03× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 1.41× | ||
| Q2 24 | — | 0.83× | ||
| Q1 24 | — | 0.95× |
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 | $7.2M |
| Free Cash FlowOCF − Capex | $16.1M | $6.1M |
| FCF MarginFCF / Revenue | 27.3% | 17.2% |
| Capex IntensityCapex / Revenue | 23.4% | 3.2% |
| Cash ConversionOCF / Net Profit | — | 3.99× |
| TTM Free Cash FlowTrailing 4 quarters | $3.9M | $15.7M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $29.8M | $7.2M | ||
| Q3 25 | $14.6M | $13.8M | ||
| Q2 25 | $13.8M | $-1.1M | ||
| Q1 25 | $-9.6M | $6.6M | ||
| Q4 24 | $9.6M | $6.4M | ||
| Q3 24 | $19.7M | $9.4M | ||
| Q2 24 | $2.9M | $6.8M | ||
| Q1 24 | $7.4M | $12.0M |
| Q4 25 | $16.1M | $6.1M | ||
| Q3 25 | $6.0M | $10.2M | ||
| Q2 25 | $4.1M | $-4.1M | ||
| Q1 25 | $-22.3M | $3.7M | ||
| Q4 24 | $3.9M | $1.9M | ||
| Q3 24 | $16.5M | $7.8M | ||
| Q2 24 | $2.5M | $1.5M | ||
| Q1 24 | $-454.0K | $7.9M |
| Q4 25 | 27.3% | 17.2% | ||
| Q3 25 | 9.9% | 29.4% | ||
| Q2 25 | 10.2% | -12.2% | ||
| Q1 25 | -63.9% | 10.9% | ||
| Q4 24 | 15.5% | 5.2% | ||
| Q3 24 | 37.1% | 21.8% | ||
| Q2 24 | 5.2% | 4.3% | ||
| Q1 24 | -0.8% | 22.4% |
| Q4 25 | 23.4% | 3.2% | ||
| Q3 25 | 14.1% | 10.4% | ||
| Q2 25 | 23.8% | 8.8% | ||
| Q1 25 | 36.3% | 8.9% | ||
| Q4 24 | 22.5% | 12.0% | ||
| Q3 24 | 7.0% | 4.5% | ||
| Q2 24 | 0.9% | 15.0% | ||
| Q1 24 | 13.4% | 11.7% |
| Q4 25 | — | 3.99× | ||
| Q3 25 | 5.51× | 3.34× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 1.15× | ||
| Q4 24 | — | 0.97× | ||
| Q3 24 | 1115.72× | 1.66× | ||
| Q2 24 | 0.46× | 1.10× | ||
| Q1 24 | 0.76× | 1.89× |
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% |
NRC
Segment breakdown not available.
