CBAK Energy Technology (CBAT) Cost of Revenue (2018 - 2026)
CBAK Energy Technology (CBAT) posted Cost of Revenue of $68.58 million for Q1 2026, up 127.6% from $30.14 million a year earlier and up 25.8% from the prior quarter.
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Analysis
CBAK Energy Technology (CBAT) Cost of Revenue (2018 - 2026) Analysis & Trends
For the trailing twelve months through Mar 31, 2026, Cost of Revenue at CBAK Energy Technology was $215.21 million, up 72.3% year-over-year; for FY2025, it was $176.77 million, up 31.1% from FY2024.
- Annual Cost of Revenue shows a five-year compound annual growth rate of 38.4% (FY2020 to FY2025).
- In prior years, CBAK Energy Technology's Cost of Revenue was $134.84 million in FY2024 (-21.9%), $172.71 million in FY2023 (-25.1%), $230.63 million in FY2022 (+384.9%) and $47.56 million in FY2021 (+36.5%).
- The Q1 2026 figure stands as the highest quarterly Cost of Revenue since Q1 2022.
- On a year-over-year basis, Cost of Revenue has increased in each of the last four quarters, with growth averaging 27.1% over the last eight quarters.
- The strongest year-over-year quarter for Cost of Revenue in the past five years was Q2 2022, with growth of 960.5%; the weakest was Q4 2024, with a decline of 49.3%.
- According to Business Quant data, Cost of Revenue for the three prior quarters was $54.52 million (Q4 2025), $56.05 million (Q3 2025) and $36.06 million (Q2 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 263.36 Bn | 224.44 Bn | 2.36 Bn | 8.74 Bn |
| 2 | Bloom Energy | 84.85 Bn | 76.67 Bn | 355.57 Mn | 709.79 Mn |
| 3 | First Solar | 18.77 Bn | 9.72 Bn | 605.00 Mn | 451.19 Mn |
| 4 | Generac Holdings | 12.79 Bn | 11.62 Bn | 521.81 Mn | 651.70 Mn |
| 5 | Nextpower | 12.78 Bn | 8.68 Bn | 335.85 Mn | 599.32 Mn |
| 6 | BWX Technologies | 12.36 Bn | 10.66 Bn | 202.31 Mn | 699.32 Mn |
| 7 | EnerSys | 7.13 Bn | 5.32 Bn | 313.36 Mn | 622.28 Mn |
| 8 | Enphase Energy | 4.42 Bn | -436.70 Mn | 175.01 Mn | 116.84 Mn |
| 9 | Mirion Technologies | 3.57 Bn | 1.46 Bn | 133.10 Mn | 133.70 Mn |
| 10 | CBAK Energy Technology | 123.22 Mn | 46.41 Mn | 1.04 Mn | 68.58 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 68.58 Mn |
| Dec 31, 2025 | 54.52 Mn |
| Sep 30, 2025 | 56.05 Mn |
| Jun 30, 2025 | 36.06 Mn |
| Mar 31, 2025 | 30.14 Mn |
| Dec 31, 2024 | 22.06 Mn |
| Sep 30, 2024 | 37.67 Mn |
| Jun 30, 2024 | 35.07 Mn |
| Mar 31, 2024 | 40.04 Mn |
| Dec 31, 2023 | 43.49 Mn |
| Sep 30, 2023 | 51.19 Mn |
| Jun 30, 2023 | 38.54 Mn |
| Mar 31, 2023 | 39.49 Mn |
| Dec 31, 2022 | 50.67 Mn |
| Sep 30, 2022 | 54.26 Mn |
| Jun 30, 2022 | 50.81 Mn |
| Mar 31, 2022 | 74.88 Mn |
| Dec 31, 2021 | 26.76 Mn |
| Sep 30, 2021 | 8.43 Mn |
| Jun 30, 2021 | 4.79 Mn |
API Access
CBAK Energy Technology Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=CBAT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "CBAT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=CBAT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();