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Side-by-side financial comparison of CBAK Energy Technology, Inc. (CBAT) and 1ST SOURCE CORP (SRCE). Click either name above to swap in a different company.

1ST SOURCE CORP is the larger business by last-quarter revenue ($113.1M vs $58.8M, roughly 1.9× CBAK Energy Technology, Inc.). 1ST SOURCE CORP runs the higher net margin — 35.3% vs -12.5%, a 47.9% gap on every dollar of revenue. On growth, CBAK Energy Technology, Inc. posted the faster year-over-year revenue change (131.8% vs 8.7%). 1ST SOURCE CORP produced more free cash flow last quarter ($58.1M vs $16.1M). Over the past eight quarters, 1ST SOURCE CORP's revenue compounded faster (7.8% 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.

1st Source Corporation is a financial services company headquartered in South Bend, Indiana. It operates 1st Source Bank, a bank with 81 branches in Indiana and Michigan. The bank's Specialty Finance Group provides financing for aircraft, trucks, and construction equipment. 1st Source Insurance provides insurance products and services.

CBAT vs SRCE — Head-to-Head

Bigger by revenue
SRCE
SRCE
1.9× larger
SRCE
$113.1M
$58.8M
CBAT
Growing faster (revenue YoY)
CBAT
CBAT
+123.0% gap
CBAT
131.8%
8.7%
SRCE
Higher net margin
SRCE
SRCE
47.9% more per $
SRCE
35.3%
-12.5%
CBAT
More free cash flow
SRCE
SRCE
$42.0M more FCF
SRCE
$58.1M
$16.1M
CBAT
Faster 2-yr revenue CAGR
SRCE
SRCE
Annualised
SRCE
7.8%
-0.0%
CBAT

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
CBAT
CBAT
SRCE
SRCE
Revenue
$58.8M
$113.1M
Net Profit
$-7.4M
$40.0M
Gross Margin
7.3%
Operating Margin
-13.6%
45.4%
Net Margin
-12.5%
35.3%
Revenue YoY
131.8%
8.7%
Net Profit YoY
-63.6%
6.5%
EPS (diluted)
$-0.08
$1.63

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
SRCE
SRCE
Q1 26
$113.1M
Q4 25
$58.8M
$110.8M
Q3 25
$60.9M
$110.7M
Q2 25
$40.5M
$108.2M
Q1 25
$34.9M
$104.0M
Q4 24
$25.4M
$97.8M
Q3 24
$44.6M
$97.9M
Q2 24
$47.8M
$97.3M
Net Profit
CBAT
CBAT
SRCE
SRCE
Q1 26
$40.0M
Q4 25
$-7.4M
$41.1M
Q3 25
$2.7M
$42.3M
Q2 25
$-3.1M
$37.3M
Q1 25
$-1.6M
$37.5M
Q4 24
$-4.5M
$31.4M
Q3 24
$17.6K
$34.9M
Q2 24
$6.4M
$36.8M
Gross Margin
CBAT
CBAT
SRCE
SRCE
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
SRCE
SRCE
Q1 26
45.4%
Q4 25
-13.6%
Q3 25
-6.6%
49.7%
Q2 25
-8.7%
44.5%
Q1 25
-8.2%
45.8%
Q4 24
-26.0%
Q3 24
-1.9%
46.3%
Q2 24
12.4%
49.1%
Net Margin
CBAT
CBAT
SRCE
SRCE
Q1 26
35.3%
Q4 25
-12.5%
37.1%
Q3 25
4.4%
38.2%
Q2 25
-7.6%
34.5%
Q1 25
-4.5%
36.1%
Q4 24
-17.8%
32.1%
Q3 24
0.0%
35.7%
Q2 24
13.5%
37.8%
EPS (diluted)
CBAT
CBAT
SRCE
SRCE
Q1 26
$1.63
Q4 25
$-0.08
$1.67
Q3 25
$0.03
$1.71
Q2 25
$-0.03
$1.51
Q1 25
$-0.02
$1.52
Q4 24
$-0.05
$1.27
Q3 24
$0.00
$1.41
Q2 24
$0.07
$1.49

Balance Sheet & Financial Strength

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

Metric
CBAT
CBAT
SRCE
SRCE
Cash + ST InvestmentsLiquidity on hand
$8.3M
Total DebtLower is stronger
$4.1M
Stockholders' EquityBook value
$112.7M
$1.3B
Total Assets
$426.2M
$9.1B
Debt / EquityLower = less leverage
0.04×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CBAT
CBAT
SRCE
SRCE
Q1 26
Q4 25
$8.3M
Q3 25
$10.5M
Q2 25
$45.7M
Q1 25
$9.6M
Q4 24
$11.0M
Q3 24
$24.2M
Q2 24
$44.1M
Total Debt
CBAT
CBAT
SRCE
SRCE
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
SRCE
SRCE
Q1 26
$1.3B
Q4 25
$112.7M
$1.3B
Q3 25
$121.4M
$1.2B
Q2 25
$118.2M
$1.2B
Q1 25
$120.8M
$1.2B
Q4 24
$121.7M
$1.1B
Q3 24
$131.2M
$1.1B
Q2 24
$126.6M
$1.0B
Total Assets
CBAT
CBAT
SRCE
SRCE
Q1 26
$9.1B
Q4 25
$426.2M
$9.1B
Q3 25
$363.9M
$9.1B
Q2 25
$333.1M
$9.1B
Q1 25
$311.5M
$9.0B
Q4 24
$302.2M
$8.9B
Q3 24
$293.5M
$8.8B
Q2 24
$279.6M
$8.9B
Debt / Equity
CBAT
CBAT
SRCE
SRCE
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
SRCE
SRCE
Operating Cash FlowLast quarter
$29.8M
$59.1M
Free Cash FlowOCF − Capex
$16.1M
$58.1M
FCF MarginFCF / Revenue
27.3%
51.4%
Capex IntensityCapex / Revenue
23.4%
0.9%
Cash ConversionOCF / Net Profit
1.48×
TTM Free Cash FlowTrailing 4 quarters
$3.9M
$361.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CBAT
CBAT
SRCE
SRCE
Q1 26
$59.1M
Q4 25
$29.8M
$223.1M
Q3 25
$14.6M
$51.0M
Q2 25
$13.8M
$44.9M
Q1 25
$-9.6M
$71.8M
Q4 24
$9.6M
$193.9M
Q3 24
$19.7M
$68.4M
Q2 24
$2.9M
$50.0M
Free Cash Flow
CBAT
CBAT
SRCE
SRCE
Q1 26
$58.1M
Q4 25
$16.1M
$213.0M
Q3 25
$6.0M
$47.3M
Q2 25
$4.1M
$43.0M
Q1 25
$-22.3M
$69.3M
Q4 24
$3.9M
$181.5M
Q3 24
$16.5M
$66.7M
Q2 24
$2.5M
$46.4M
FCF Margin
CBAT
CBAT
SRCE
SRCE
Q1 26
51.4%
Q4 25
27.3%
192.2%
Q3 25
9.9%
42.7%
Q2 25
10.2%
39.8%
Q1 25
-63.9%
66.6%
Q4 24
15.5%
185.5%
Q3 24
37.1%
68.1%
Q2 24
5.2%
47.7%
Capex Intensity
CBAT
CBAT
SRCE
SRCE
Q1 26
0.9%
Q4 25
23.4%
9.1%
Q3 25
14.1%
3.4%
Q2 25
23.8%
1.7%
Q1 25
36.3%
2.4%
Q4 24
22.5%
12.6%
Q3 24
7.0%
1.7%
Q2 24
0.9%
3.7%
Cash Conversion
CBAT
CBAT
SRCE
SRCE
Q1 26
1.48×
Q4 25
5.42×
Q3 25
5.51×
1.21×
Q2 25
1.20×
Q1 25
1.91×
Q4 24
6.17×
Q3 24
1115.72×
1.96×
Q2 24
0.46×
1.36×

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%

SRCE
SRCE

Segment breakdown not available.

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