CBAK Energy Technology (CBAT) Cost of Revenue (2018 - 2026)
CBAK Energy Technology (CBAT) posted Cost of Revenue of $68.6 million for Q1 2026, up 164.33% sequentially from -$106.6 million in Q4 2025, and up 127.55% YoY from $30.1 million in Q1 2025.
CBAK Energy Technology (CBAT) Cost of Revenue (2018 - 2026) Analysis & Trends
CBAK Energy Technology has reported Cost of Revenue for 9 years, with the latest figure at $68.6 million in Q1 2026.
- Quarterly Cost of Revenue rose 127.55% year-over-year to $68.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $54.1 million (down 56.71% YoY) and the FY2025 annual result came in at $15.6 million, down 88.4% from the prior year.
- Cost of Revenue improved to $68.6 million in Q1 2026 per CBAT's latest filing, from -$106.6 million in the prior quarter.
- Over five years, Cost of Revenue peaked at $74.9 million in Q1 2022 and troughed at -$106.6 million in Q4 2025.
- A 5-year average of $36.6 million and a median of $40.0 million in 2024 frame the typical range for Cost of Revenue.
- The sharpest annual moves came in 2022 and 2025: Cost of Revenue surged 960.51% in 2022, then slumped 583.26% in 2025.
- Over 5 years, Cost of Revenue stood at $50.7 million in 2022, then fell by 14.17% to $43.5 million in 2023, then plunged by 49.28% to $22.1 million in 2024, then plunged by 583.26% to -$106.6 million in 2025, then jumped by 164.33% to $68.6 million in 2026.
- According to Business Quant data, Cost of Revenue over the past three periods registered $68.6 million, -$106.6 million, and $56.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 101.35 Bn | 98.24 Bn | 1.23 Bn | 2.04 Bn |
| 2 | Bloom Energy | 58.17 Bn | 55.50 Bn | 355.57 Mn | 709.79 Mn |
| 3 | nVent Electric | 24.99 Bn | 24.74 Bn | 558.00 Mn | 913.30 Mn |
| 4 | Hubbell | 24.90 Bn | 24.51 Bn | 613.00 Mn | 1.10 Bn |
| 5 | Advanced Energy Industries | 11.37 Bn | 9.96 Bn | 236.10 Mn | 338.00 Mn |
| 6 | Acuity Inc. (De) | 10.36 Bn | 9.95 Bn | 606.40 Mn | 591.60 Mn |
| 7 | Powell Industries | 7.22 Bn | 6.58 Bn | 95.30 Mn | 216.44 Mn |
| 8 | EnerSys | 6.93 Bn | 6.40 Bn | 313.36 Mn | 538.65 Mn |
| 9 | Hayward Holdings | 3.18 Bn | 2.70 Bn | 155.05 Mn | 163.33 Mn |
| 10 | CBAK Energy Technology | 74.09 Mn | -24.50 Mn | 1.04 Mn | 68.58 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 68.58 Mn |
| Mar 31, 2026 | 68.58 Mn |
| Dec 31, 2025 | -106.60 Mn |
| Dec 31, 2025 | -106.60 Mn |
| Sep 30, 2025 | 56.05 Mn |
| Sep 30, 2025 | 56.05 Mn |
| Jun 30, 2025 | 36.06 Mn |
| Jun 30, 2025 | 36.06 Mn |
| Mar 31, 2025 | 30.14 Mn |
| Mar 31, 2025 | 30.14 Mn |
| Dec 31, 2024 | 22.06 Mn |
| Dec 31, 2024 | 22.06 Mn |
| Sep 30, 2024 | 37.67 Mn |
| Sep 30, 2024 | 37.67 Mn |
| Jun 30, 2024 | 35.07 Mn |
| Jun 30, 2024 | 35.07 Mn |
| Mar 31, 2024 | 40.04 Mn |
| Mar 31, 2024 | 40.04 Mn |
| Dec 31, 2023 | 43.49 Mn |
| Dec 31, 2023 | 43.49 Mn |