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Side-by-side financial comparison of CBAK Energy Technology, Inc. (CBAT) and OLAPLEX HOLDINGS, INC. (OLPX). Click either name above to swap in a different company.
OLAPLEX HOLDINGS, INC. is the larger business by last-quarter revenue ($105.1M vs $58.8M, roughly 1.8× CBAK Energy Technology, Inc.). OLAPLEX HOLDINGS, INC. runs the higher net margin — -12.5% vs -12.5%, a 0.1% gap on every dollar of revenue. On growth, CBAK Energy Technology, Inc. posted the faster year-over-year revenue change (131.8% vs 4.3%). OLAPLEX HOLDINGS, INC. produced more free cash flow last quarter ($32.6M vs $16.1M). Over the past eight quarters, OLAPLEX HOLDINGS, INC.'s revenue compounded faster (3.1% 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.
Olaplex Holdings, Inc. is a specialty beauty company developing and selling patented bond-repair hair care products. It runs three core segments: professional salon distribution, direct-to-consumer sales, and third-party retail, serving customers across North America, Europe, and Asia-Pacific with products that repair and protect damaged hair.
CBAT vs OLPX — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $58.8M | $105.1M |
| Net Profit | $-7.4M | $-13.1M |
| Gross Margin | 7.3% | 68.0% |
| Operating Margin | -13.6% | -4.3% |
| Net Margin | -12.5% | -12.5% |
| Revenue YoY | 131.8% | 4.3% |
| Net Profit YoY | -63.6% | -48.9% |
| EPS (diluted) | $-0.08 | $-0.02 |
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 | $105.1M | ||
| Q3 25 | $60.9M | $114.6M | ||
| Q2 25 | $40.5M | $106.3M | ||
| Q1 25 | $34.9M | $97.0M | ||
| Q4 24 | $25.4M | $100.7M | ||
| Q3 24 | $44.6M | $119.1M | ||
| Q2 24 | $47.8M | $103.9M | ||
| Q1 24 | $58.8M | $98.9M |
| Q4 25 | $-7.4M | $-13.1M | ||
| Q3 25 | $2.7M | $11.1M | ||
| Q2 25 | $-3.1M | $-7.7M | ||
| Q1 25 | $-1.6M | $465.0K | ||
| Q4 24 | $-4.5M | $-8.8M | ||
| Q3 24 | $17.6K | $14.8M | ||
| Q2 24 | $6.4M | $5.8M | ||
| Q1 24 | $9.8M | $7.7M |
| Q4 25 | 7.3% | 68.0% | ||
| Q3 25 | 8.0% | 69.1% | ||
| Q2 25 | 11.0% | 71.2% | ||
| Q1 25 | 13.7% | 69.5% | ||
| Q4 24 | 13.1% | 66.3% | ||
| Q3 24 | 15.6% | 68.6% | ||
| Q2 24 | 26.6% | 69.7% | ||
| Q1 24 | 31.9% | 72.1% |
| Q4 25 | -13.6% | -4.3% | ||
| Q3 25 | -6.6% | 3.7% | ||
| Q2 25 | -8.7% | -1.1% | ||
| Q1 25 | -8.2% | 8.7% | ||
| Q4 24 | -26.0% | 3.0% | ||
| Q3 24 | -1.9% | 23.5% | ||
| Q2 24 | 12.4% | 15.7% | ||
| Q1 24 | 17.4% | 19.8% |
| Q4 25 | -12.5% | -12.5% | ||
| Q3 25 | 4.4% | 9.7% | ||
| Q2 25 | -7.6% | -7.3% | ||
| Q1 25 | -4.5% | 0.5% | ||
| Q4 24 | -17.8% | -8.7% | ||
| Q3 24 | 0.0% | 12.4% | ||
| Q2 24 | 13.5% | 5.6% | ||
| Q1 24 | 16.7% | 7.8% |
| Q4 25 | $-0.08 | $-0.02 | ||
| Q3 25 | $0.03 | $0.02 | ||
| Q2 25 | $-0.03 | $-0.01 | ||
| Q1 25 | $-0.02 | $0.00 | ||
| Q4 24 | $-0.05 | $-0.01 | ||
| Q3 24 | $0.00 | $0.02 | ||
| Q2 24 | $0.07 | $0.01 | ||
| Q1 24 | $0.11 | $0.01 |
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 | $318.7M |
| Total DebtLower is stronger | $4.1M | $352.3M |
| Stockholders' EquityBook value | $112.7M | $879.4M |
| Total Assets | $426.2M | $1.5B |
| Debt / EquityLower = less leverage | 0.04× | 0.40× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $8.3M | $318.7M | ||
| Q3 25 | $10.5M | $286.4M | ||
| Q2 25 | $45.7M | $289.3M | ||
| Q1 25 | $9.6M | $580.9M | ||
| Q4 24 | $11.0M | $586.0M | ||
| Q3 24 | $24.2M | $538.8M | ||
| Q2 24 | $44.1M | $507.9M | ||
| Q1 24 | $23.8M | $507.5M |
| Q4 25 | $4.1M | $352.3M | ||
| Q3 25 | $4.8M | $352.1M | ||
| Q2 25 | $4.9M | $351.9M | ||
| Q1 25 | $4.1M | $649.1M | ||
| Q4 24 | — | $650.5M | ||
| Q3 24 | — | $651.8M | ||
| Q2 24 | — | $653.1M | ||
| Q1 24 | — | $654.4M |
| Q4 25 | $112.7M | $879.4M | ||
| Q3 25 | $121.4M | $888.7M | ||
| Q2 25 | $118.2M | $874.2M | ||
| Q1 25 | $120.8M | $878.3M | ||
| Q4 24 | $121.7M | $874.4M | ||
| Q3 24 | $131.2M | $879.7M | ||
| Q2 24 | $126.6M | $863.3M | ||
| Q1 24 | $120.9M | $855.7M |
| Q4 25 | $426.2M | $1.5B | ||
| Q3 25 | $363.9M | $1.5B | ||
| Q2 25 | $333.1M | $1.5B | ||
| Q1 25 | $311.5M | $1.8B | ||
| Q4 24 | $302.2M | $1.8B | ||
| Q3 24 | $293.5M | $1.8B | ||
| Q2 24 | $279.6M | $1.8B | ||
| Q1 24 | $286.5M | $1.8B |
| Q4 25 | 0.04× | 0.40× | ||
| Q3 25 | 0.04× | 0.40× | ||
| Q2 25 | 0.04× | 0.40× | ||
| Q1 25 | 0.03× | 0.74× | ||
| Q4 24 | — | 0.74× | ||
| Q3 24 | — | 0.74× | ||
| Q2 24 | — | 0.76× | ||
| Q1 24 | — | 0.76× |
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 | $32.7M |
| Free Cash FlowOCF − Capex | $16.1M | $32.6M |
| FCF MarginFCF / Revenue | 27.3% | 31.0% |
| Capex IntensityCapex / Revenue | 23.4% | 0.1% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $3.9M | $58.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $29.8M | $32.7M | ||
| Q3 25 | $14.6M | $8.0M | ||
| Q2 25 | $13.8M | $20.9M | ||
| Q1 25 | $-9.6M | $-2.9M | ||
| Q4 24 | $9.6M | $49.7M | ||
| Q3 24 | $19.7M | $33.5M | ||
| Q2 24 | $2.9M | $16.2M | ||
| Q1 24 | $7.4M | $43.7M |
| Q4 25 | $16.1M | $32.6M | ||
| Q3 25 | $6.0M | $7.9M | ||
| Q2 25 | $4.1M | $20.8M | ||
| Q1 25 | $-22.3M | $-3.0M | ||
| Q4 24 | $3.9M | $49.2M | ||
| Q3 24 | $16.5M | $33.3M | ||
| Q2 24 | $2.5M | $16.1M | ||
| Q1 24 | $-454.0K | $43.3M |
| Q4 25 | 27.3% | 31.0% | ||
| Q3 25 | 9.9% | 6.9% | ||
| Q2 25 | 10.2% | 19.6% | ||
| Q1 25 | -63.9% | -3.1% | ||
| Q4 24 | 15.5% | 48.9% | ||
| Q3 24 | 37.1% | 28.0% | ||
| Q2 24 | 5.2% | 15.5% | ||
| Q1 24 | -0.8% | 43.7% |
| Q4 25 | 23.4% | 0.1% | ||
| Q3 25 | 14.1% | 0.1% | ||
| Q2 25 | 23.8% | 0.1% | ||
| Q1 25 | 36.3% | 0.0% | ||
| Q4 24 | 22.5% | 0.4% | ||
| Q3 24 | 7.0% | 0.1% | ||
| Q2 24 | 0.9% | 0.1% | ||
| Q1 24 | 13.4% | 0.5% |
| Q4 25 | — | — | ||
| Q3 25 | 5.51× | 0.72× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | -6.27× | ||
| Q4 24 | — | — | ||
| Q3 24 | 1115.72× | 2.26× | ||
| Q2 24 | 0.46× | 2.81× | ||
| Q1 24 | 0.76× | 5.64× |
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% |
OLPX
| Sales Channel Directly To Consumer | $43.6M | 42% |
| Sales Channel Through Intermediary Professional | $36.8M | 35% |
| Sales Channel Through Intermediary Specialty Retail | $24.7M | 23% |
