CBAK Energy Technology, Inc. (CBAT) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 69.62M | 58.8M | 60.92M | 40.52M | 34.94M | 25.37M | 44.63M | 47.79M | 58.82M | 56.18M | 63.44M | 42.42M | 42.4M | 54.46M | 57.72M | 56.35M | 80.2M | 27.8M | 9.56M | 5.89M |
| Revenue Growth % | 99.26% | 131.77% | 36.51% | -15.21% | -40.6% | -54.84% | -29.65% | 12.66% | 38.74% | 3.16% | 9.91% | -24.72% | -47.13% | 95.88% | 503.65% | 856.84% | 751.7% | 80.3% | -9.97% | 27.35% |
| Cost of Goods Sold | 68.58M | 54.52M | 56.05M | 36.06M | 30.14M | 22.06M | 37.67M | 35.07M | 40.04M | 43.49M | 51.19M | 38.54M | 39.49M | 50.67M | 54.26M | 50.81M | 74.88M | 26.76M | 8.43M | 4.79M |
| COGS % of Revenue | 98.51% | 92.72% | 92% | 88.99% | 86.26% | 86.95% | 84.42% | 73.37% | 68.07% | 77.42% | 80.69% | 90.84% | 93.15% | 93.05% | 94% | 90.18% | 93.37% | 96.25% | 88.17% | 81.36% |
| Gross Profit | 1.04M | 4.28M | 4.88M | 4.46M | 4.8M | 3.31M | 6.95M | 12.73M | 18.78M | 12.69M | 12.25M | 3.88M | 2.91M | 3.78M | 3.46M | 5.54M | 5.32M | 1.04M | 1.13M | 1.1M |
| Gross Margin % | 1.49% | 7.28% | 8% | 11.01% | 13.74% | 13.05% | 15.58% | 26.63% | 31.93% | 22.58% | 19.31% | 9.16% | 6.85% | 6.95% | 6% | 9.82% | 6.63% | 3.75% | 11.83% | 18.64% |
| Gross Profit Growth % | -78.34% | 29.32% | -29.89% | -64.94% | -74.43% | -73.89% | -43.22% | 227.65% | 546.34% | 235.31% | 253.96% | -29.82% | -45.34% | 263.06% | 205.86% | 404.29% | 189.02% | -0.34% | -17.71% | 1152.88% |
| Operating Expenses | 10.74M | 12.51M | 8.91M | 7.99M | 7.67M | 9.91M | 7.78M | 6.78M | 8.52M | 18.57M | 6.96M | 7.66M | 5.79M | 12.61M | 4.94M | 5.39M | 6.65M | 6.83M | 4.31M | 3.82M |
| OpEx % of Revenue | 15.43% | 21.27% | 14.62% | 19.72% | 21.94% | 39.05% | 17.44% | 14.19% | 14.48% | 33.06% | 10.97% | 18.05% | 13.65% | 23.16% | 8.56% | 9.57% | 8.29% | 24.56% | 45.03% | 64.88% |
| Selling, General & Admin | 6.52M | 7.07M | 5.21M | 2.4B | 4.7M | 5.03M | 3.8M | 4.5M | 5.82M | 6.59M | 4.36M | 4.55M | 3.2M | 2.83M | 2.7M | 3.15M | 3.07M | 5.24M | 2.67M | 2.88M |
| SG&A % of Revenue | 9.37% | 12.02% | 8.54% | 5922.57% | 13.45% | 19.82% | 8.52% | 9.41% | 9.89% | 11.73% | 6.87% | 10.72% | 7.55% | 5.19% | 4.68% | 5.59% | 3.82% | 18.86% | 27.91% | 48.91% |
| Research & Development | 4.22M | 5.3M | 3.86M | 3.61B | 3.02M | 3.8M | 3.43M | 2.96M | 2.82M | 3.91M | 2.58M | 2.98M | 2.46M | 2.64M | 2.39M | 2.3M | 3.31M | 1.93M | 1.82M | 1.05M |
| R&D % of Revenue | 6.06% | 9.02% | 6.34% | 8916.81% | 8.65% | 15% | 7.7% | 6.18% | 4.79% | 6.97% | 4.06% | 7.03% | 5.79% | 4.84% | 4.13% | 4.08% | 4.13% | 6.94% | 18.99% | 17.75% |
| Other Operating Expenses | 0 | 140.03K | -157.51K | -1000K | -58.4K | 1000K | 546.01K | -673.33K | -114.01K | 1000K | 24.62K | 130.49K | 131.17K | 1000K | -142.97K | -59.83K | 271.44K | -342.91K | -178.9K | -104.52K |
| Operating Income | -9.7M | -8.23M | -4.03M | -3.53M | -2.86M | -6.59M | -827.87K | 5.95M | 10.26M | -5.89M | 5.29M | -3.77M | -2.88M | -8.83M | -1.48M | 144.49K | -1.34M | -5.79M | -3.17M | -2.72M |
| Operating Margin % | -13.93% | -13.99% | -6.62% | -8.71% | -8.2% | -25.99% | -1.85% | 12.44% | 17.45% | -10.48% | 8.34% | -8.89% | -6.8% | -16.22% | -2.57% | 0.26% | -1.67% | -20.82% | -33.19% | -46.25% |
| Operating Income Growth % | -238.71% | -24.73% | -387.23% | -159.33% | -127.91% | -12.02% | -115.65% | 257.63% | 456.24% | 33.34% | 456.71% | -2711.31% | -115.75% | -52.6% | 53.29% | 105.31% | -4688.97% | 3.35% | -906.45% | -199.36% |
| EBITDA | -5.96M | -3.89M | -2.5M | -1.18M | -447.44K | -4.48M | 1.38M | 8.27M | 12.79M | -2.12M | 7.42M | -1.65M | -563.65K | -6.44M | 701.41K | 2.01M | 778.02K | -4.03M | -2.39M | -1.92M |
| EBITDA Margin % | -8.56% | -6.62% | -4.1% | -2.91% | -1.28% | -17.68% | 3.1% | 17.3% | 21.75% | -3.77% | 11.69% | -3.9% | -1.33% | -11.82% | 1.22% | 3.57% | 0.97% | -14.51% | -24.95% | -32.64% |
| EBITDA Growth % | -1232.26% | 13.19% | -280.52% | -114.26% | -103.5% | -111.87% | -81.33% | 599.72% | 2369.52% | 67.11% | 957.66% | -182.28% | -172.45% | -59.53% | 129.4% | 204.59% | 13.3% | 21.56% | -317.84% | -460.75% |
| D&A (Non-Cash Add-back) | 3.74M | 4.33M | 1.53M | 2.35M | 2.42M | 2.11M | 2.21M | 2.32M | 2.53M | 3.77M | 2.13M | 2.12M | 2.32M | 2.4M | 2.18M | 1.87M | 2.11M | 1.75M | 788.16K | 801.08K |
| EBIT | -9.7M | -8.23M | -4.03M | -3.2M | -2.92M | -5.52M | -281.86K | 5.27M | 10.15M | 1.18M | 5.29M | -3.77M | -2.88M | -2.44M | -1.48M | 144.49K | -1.34M | -5.79M | -3.17M | -2.72M |
| Net Interest Income | -416.1K | 0 | 0 | -163.3K | 45.12K | 625.06K | -40.35K | 688.72K | 9.66K | 622.15K | -447.03K | 252.47K | 5.31K | 419.19K | 687.35K | -620.49K | 5.01K | 610.44K | 129.34K | 52.7K |
| Interest Income | 0 | 0 | 0 | 0 | 45.12K | 625.06K | 0 | 688.72K | 9.66K | 622.15K | - | 252.47K | 5.31K | 419.19K | 687.35K | 163.14K | 220.91K | 1.27M | 129.34K | 52.7K |
| Interest Expense | 416.1K | 0 | 0 | 163.3K | 0 | 0 | 40.35K | 0 | 0 | 0 | 447.03K | 0 | 0 | 0 | 0 | 783.63K | 215.9K | 659.41K | 0 | - |
| Other Income/Expense | 745.72K | 601.22K | 5.93M | 168.18K | 813.04K | 639.28K | 481.62K | 876.43K | 358.28K | 228.97K | 169.62K | 526.51K | 273.52K | -4.66M | 631.99K | 1.05M | 1.92M | 7.26M | 23.2M | 5.44M |
| Pretax Income | -8.95M | -7.62M | 1.9M | -3.36M | -2.05M | -5.96M | -346.25K | 6.82M | 10.62M | -5.66M | 5.46M | -3.25M | -2.61M | -13.49M | -850.74K | 1.2M | 586.96K | 1.47M | 20.02M | 2.72M |
| Pretax Margin % | -12.86% | -12.97% | 3.12% | -8.29% | -5.87% | -23.47% | -0.78% | 14.28% | 18.06% | -10.07% | 8.6% | -7.65% | -6.15% | -24.77% | -1.47% | 2.12% | 0.73% | 5.3% | 209.4% | 46.19% |
| Income Tax | 7.43K | -833 | -183.85K | 0 | 0 | -630.19K | 339.29K | 800.73K | 1.05M | 3.5M | -305.43K | -307.31K | -402.88K | -1.31M | -2.01K | 179.79K | -93.55K | -7.73M | 0 | 0 |
| Effective Tax Rate % | -0.08% | 0.01% | -9.68% | 0% | 0% | 10.58% | -97.99% | 11.73% | 9.87% | -61.89% | -5.6% | 9.47% | 15.45% | 9.73% | 0.24% | 15.03% | -15.94% | -524.46% | 0% | 0% |
| Net Income | -9.29M | -7.38M | 2.65M | -3.07M | -1.58M | -4.51M | 17.65K | 6.45M | 9.84M | -4.77M | 6.33M | -2.63M | -1.38M | -10.7M | -290 | 805.19K | 444.45K | 9.16M | 20.02M | 2.7M |
| Net Margin % | -13.34% | -12.54% | 4.35% | -7.58% | -4.52% | -17.77% | 0.04% | 13.49% | 16.72% | -8.49% | 9.99% | -6.21% | -3.26% | -19.64% | -0% | 1.43% | 0.55% | 32.93% | 209.36% | 45.86% |
| Net Income Growth % | -488.09% | -63.57% | 14919.57% | -147.68% | -116.05% | 5.43% | -99.72% | 344.61% | 812.6% | 55.43% | 2184511.03% | -427.25% | -410.57% | -216.83% | -100% | -70.18% | -98.5% | 313.24% | 45145.4% | 325.57% |
| Net Income (Continuing) | -8.96M | -7.62M | 2.08M | -3.36M | -2.05M | -5.32M | -685.54K | 6.02M | 9.57M | -9.16M | 5.76M | -2.94M | -2.2M | -12.18M | -848.73K | 1.02M | 680.5K | 9.21M | 20.02M | 2.72M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | -2.95M | -3.2B | -2.95M | -2.37M | -2.05M | -1.61M | -782.95K | -63.36K | 359.81K | 634.04K | 4.96M | 5.51M | 6.15M | 6.88M | 6.83M | 8.08M | 7.87M | 7.59M | 23.76K | 20.36K |
| EPS (Diluted) | -0.10 | -0.08 | 0.03 | -0.03 | -0.02 | -0.05 | 0.00 | 0.07 | 0.11 | -0.05 | 0.07 | -0.03 | -0.02 | -0.12 | -0.01 | 0.01 | 0.01 | 0.10 | 0.23 | 0.03 |
| EPS Growth % | -468.18% | -66.07% | - | -147.83% | -116% | 6.36% | -99.72% | 341.55% | 809.68% | 55.42% | - | - | - | -220% | -102.91% | -70.39% | -98.57% | 243.06% | - | 253.54% |
| EPS (Basic) | -0.10 | -0.08 | 0.03 | -0.03 | -0.02 | -0.05 | 0.00 | 0.07 | 0.11 | -0.05 | 0.07 | -0.03 | -0.02 | -0.12 | -0.01 | 0.01 | 0.01 | 0.10 | 0.23 | 0.03 |
| Diluted Shares Outstanding | 89.25M | 89.25M | 89.66M | 89.77M | 89.94M | 89.94M | 90.23M | 90.11M | 90.12M | 89.21M | 89.9M | 89.03M | 89.01M | 88.99M | 89M | 89.02M | 88.73M | 87.88M | 88.71M | 88.99M |
| Basic Shares Outstanding | 89.25M | 89.25M | 89.64M | 89.77M | 89.94M | 89.93M | 89.93M | 89.93M | 89.93M | 89.21M | 89.47M | 89.03M | 89.01M | 88.99M | 89M | 89.01M | 88.71M | 87.61M | 88.42M | 88.41M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |