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

Schrodinger, Inc. is the larger business by last-quarter revenue ($87.2M vs $58.8M, roughly 1.5× CBAK Energy Technology, Inc.). Schrodinger, Inc. runs the higher net margin — 37.3% vs -12.5%, a 49.8% gap on every dollar of revenue. On growth, CBAK Energy Technology, Inc. posted the faster year-over-year revenue change (131.8% vs -1.2%). CBAK Energy Technology, Inc. produced more free cash flow last quarter ($16.1M vs $-16.1M). Over the past eight quarters, Schrodinger, Inc.'s revenue compounded faster (54.4% 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.

Schrodinger, Inc. is a leading provider of advanced computational chemistry and physics software platforms, along with related consulting services, focused on accelerating drug discovery and novel materials development. Its solutions are adopted by biopharmaceutical companies, chemical manufacturers, academic research institutions and government entities across North America, Europe and Asia Pacific to cut R&D costs and shorten innovation cycles.

CBAT vs SDGR — Head-to-Head

Bigger by revenue
SDGR
SDGR
1.5× larger
SDGR
$87.2M
$58.8M
CBAT
Growing faster (revenue YoY)
CBAT
CBAT
+133.0% gap
CBAT
131.8%
-1.2%
SDGR
Higher net margin
SDGR
SDGR
49.8% more per $
SDGR
37.3%
-12.5%
CBAT
More free cash flow
CBAT
CBAT
$32.2M more FCF
CBAT
$16.1M
$-16.1M
SDGR
Faster 2-yr revenue CAGR
SDGR
SDGR
Annualised
SDGR
54.4%
-0.0%
CBAT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CBAT
CBAT
SDGR
SDGR
Revenue
$58.8M
$87.2M
Net Profit
$-7.4M
$32.5M
Gross Margin
7.3%
65.7%
Operating Margin
-13.6%
-19.7%
Net Margin
-12.5%
37.3%
Revenue YoY
131.8%
-1.2%
Net Profit YoY
-63.6%
180.8%
EPS (diluted)
$-0.08
$0.45

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
SDGR
SDGR
Q4 25
$58.8M
$87.2M
Q3 25
$60.9M
$54.3M
Q2 25
$40.5M
$54.8M
Q1 25
$34.9M
$59.6M
Q4 24
$25.4M
$88.3M
Q3 24
$44.6M
$35.3M
Q2 24
$47.8M
$47.3M
Q1 24
$58.8M
$36.6M
Net Profit
CBAT
CBAT
SDGR
SDGR
Q4 25
$-7.4M
$32.5M
Q3 25
$2.7M
$-32.8M
Q2 25
$-3.1M
$-43.2M
Q1 25
$-1.6M
$-59.8M
Q4 24
$-4.5M
$-40.2M
Q3 24
$17.6K
$-38.1M
Q2 24
$6.4M
$-54.0M
Q1 24
$9.8M
$-54.7M
Gross Margin
CBAT
CBAT
SDGR
SDGR
Q4 25
7.3%
65.7%
Q3 25
8.0%
51.6%
Q2 25
11.0%
47.8%
Q1 25
13.7%
52.3%
Q4 24
13.1%
72.6%
Q3 24
15.6%
50.2%
Q2 24
26.6%
66.2%
Q1 24
31.9%
51.6%
Operating Margin
CBAT
CBAT
SDGR
SDGR
Q4 25
-13.6%
-19.7%
Q3 25
-6.6%
-84.6%
Q2 25
-8.7%
-96.6%
Q1 25
-8.2%
-85.5%
Q4 24
-26.0%
-23.5%
Q3 24
-1.9%
-193.9%
Q2 24
12.4%
-111.4%
Q1 24
17.4%
-184.3%
Net Margin
CBAT
CBAT
SDGR
SDGR
Q4 25
-12.5%
37.3%
Q3 25
4.4%
-60.4%
Q2 25
-7.6%
-78.8%
Q1 25
-4.5%
-100.4%
Q4 24
-17.8%
-45.5%
Q3 24
0.0%
-108.1%
Q2 24
13.5%
-114.2%
Q1 24
16.7%
-149.5%
EPS (diluted)
CBAT
CBAT
SDGR
SDGR
Q4 25
$-0.08
$0.45
Q3 25
$0.03
$-0.45
Q2 25
$-0.03
$-0.59
Q1 25
$-0.02
$-0.82
Q4 24
$-0.05
$-0.55
Q3 24
$0.00
$-0.52
Q2 24
$0.07
$-0.74
Q1 24
$0.11
$-0.76

Balance Sheet & Financial Strength

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

Metric
CBAT
CBAT
SDGR
SDGR
Cash + ST InvestmentsLiquidity on hand
$8.3M
$395.5M
Total DebtLower is stronger
$4.1M
Stockholders' EquityBook value
$112.7M
$364.1M
Total Assets
$426.2M
$726.2M
Debt / EquityLower = less leverage
0.04×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CBAT
CBAT
SDGR
SDGR
Q4 25
$8.3M
$395.5M
Q3 25
$10.5M
$391.2M
Q2 25
$45.7M
$450.2M
Q1 25
$9.6M
$500.3M
Q4 24
$11.0M
$352.1M
Q3 24
$24.2M
$388.7M
Q2 24
$44.1M
$377.3M
Q1 24
$23.8M
$431.1M
Total Debt
CBAT
CBAT
SDGR
SDGR
Q4 25
$4.1M
Q3 25
$4.8M
Q2 25
$4.9M
Q1 25
$4.1M
Q4 24
Q3 24
Q2 24
Q1 24
Stockholders' Equity
CBAT
CBAT
SDGR
SDGR
Q4 25
$112.7M
$364.1M
Q3 25
$121.4M
$321.4M
Q2 25
$118.2M
$342.9M
Q1 25
$120.8M
$373.5M
Q4 24
$121.7M
$421.4M
Q3 24
$131.2M
$449.4M
Q2 24
$126.6M
$474.0M
Q1 24
$120.9M
$513.7M
Total Assets
CBAT
CBAT
SDGR
SDGR
Q4 25
$426.2M
$726.2M
Q3 25
$363.9M
$653.7M
Q2 25
$333.1M
$688.2M
Q1 25
$311.5M
$743.0M
Q4 24
$302.2M
$823.2M
Q3 24
$293.5M
$669.3M
Q2 24
$279.6M
$688.4M
Q1 24
$286.5M
$737.8M
Debt / Equity
CBAT
CBAT
SDGR
SDGR
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
CBAT
CBAT
SDGR
SDGR
Operating Cash FlowLast quarter
$29.8M
$-16.1M
Free Cash FlowOCF − Capex
$16.1M
$-16.1M
FCF MarginFCF / Revenue
27.3%
-18.5%
Capex IntensityCapex / Revenue
23.4%
0.0%
Cash ConversionOCF / Net Profit
-0.50×
TTM Free Cash FlowTrailing 4 quarters
$3.9M
$12.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CBAT
CBAT
SDGR
SDGR
Q4 25
$29.8M
$-16.1M
Q3 25
$14.6M
$-61.9M
Q2 25
$13.8M
$-52.2M
Q1 25
$-9.6M
$144.1M
Q4 24
$9.6M
$-31.1M
Q3 24
$19.7M
$-33.3M
Q2 24
$2.9M
$-53.7M
Q1 24
$7.4M
$-39.3M
Free Cash Flow
CBAT
CBAT
SDGR
SDGR
Q4 25
$16.1M
$-16.1M
Q3 25
$6.0M
$-62.4M
Q2 25
$4.1M
$-52.5M
Q1 25
$-22.3M
$143.5M
Q4 24
$3.9M
$-32.0M
Q3 24
$16.5M
$-34.6M
Q2 24
$2.5M
$-54.7M
Q1 24
$-454.0K
$-43.4M
FCF Margin
CBAT
CBAT
SDGR
SDGR
Q4 25
27.3%
-18.5%
Q3 25
9.9%
-114.8%
Q2 25
10.2%
-95.9%
Q1 25
-63.9%
240.9%
Q4 24
15.5%
-36.2%
Q3 24
37.1%
-98.0%
Q2 24
5.2%
-115.6%
Q1 24
-0.8%
-118.5%
Capex Intensity
CBAT
CBAT
SDGR
SDGR
Q4 25
23.4%
0.0%
Q3 25
14.1%
0.9%
Q2 25
23.8%
0.6%
Q1 25
36.3%
1.0%
Q4 24
22.5%
1.0%
Q3 24
7.0%
3.8%
Q2 24
0.9%
2.1%
Q1 24
13.4%
11.2%
Cash Conversion
CBAT
CBAT
SDGR
SDGR
Q4 25
-0.50×
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
CBAT

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

SDGR
SDGR

On Premise Software$44.4M51%
Drug Discovery Services$17.6M20%
Hosted Software$11.5M13%
Maintenance$6.9M8%
Professional Services$3.8M4%
July2024Agreement With Bill Melinda Gates Foundation$2.7M3%

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