CBAK Energy Technology (CBAT) Cost of Revenue (2018 - 2026)
CBAK Energy Technology's (CBAT) quarterly Cost of Revenue came in at $68.6 million in Q1 2026, up 127.55% year-over-year from $30.1 million in Q1 2025, and up 25.79% quarter-over-quarter from $54.5 million in Q4 2025.
Analysis
CBAK Energy Technology (CBAT) Cost of Revenue (2018 - 2026) Analysis & Trends
CBAK Energy Technology has disclosed Cost of Revenue across 9 years of filings, most recently posting $68.6 million for Q1 2026.
- In Q1 2026, Cost of Revenue rose 127.55% year-over-year to $68.6 million; the TTM figure through Mar 2026 stood at $215.2 million (up 72.26% YoY), while the FY2025 annual figure was $176.8 million, up 31.09% from the prior year.
- Cost of Revenue came in at $68.6 million for Q1 2026 at CBAK Energy Technology, up from $54.5 million in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $74.9 million in Q1 2022 to a low of $22.1 million in Q4 2024.
- Average Cost of Revenue over 5 years is $46.1 million, with a median of $43.5 million recorded in 2023.
- Year-over-year, Cost of Revenue jumped 960.51% in 2022 and sank 49.28% in 2024.
- Over 5 years, Cost of Revenue stood at $50.7 million in 2022, then dropped by 14.17% to $43.5 million in 2023, then slumped by 49.28% to $22.1 million in 2024, then soared by 147.15% to $54.5 million in 2025, then grew by 25.79% to $68.6 million in 2026.
- Per Business Quant data, the three most recent Cost of Revenue figures were $68.6 million in Q1 2026, $54.5 million in Q4 2025, and $56.0 million in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | EnerSys | 6.53 Bn | 6.00 Bn | 313.36 Mn | 538.65 Mn |
| 2 | QuantumScape | 3.23 Bn | 3.23 Bn | - | - |
| 3 | Eos Energy Enterprises | 1.43 Bn | 1.08 Bn | -48.80 Mn | 117.58 Mn |
| 4 | Fluence Energy | 1.40 Bn | 839.06 Mn | 33.24 Mn | 616.61 Mn |
| 5 | Energy Vault Holdings | 764.95 Mn | 657.60 Mn | 5.38 Mn | 11.99 Mn |
| 6 | Enovix | 695.93 Mn | 695.93 Mn | 1.30 Mn | 7.72 Mn |
| 7 | Amprius Technologies | 466.27 Mn | 391.76 Mn | 9.28 Mn | 24.75 Mn |
| 8 | Electrovaya | 265.14 Mn | 252.06 Mn | 6.19 Mn | 11.53 Mn |
| 9 | Microvast Holdings | 218.97 Mn | 75.84 Mn | 25.78 Mn | 61.48 Mn |
| 10 | CBAK Energy Technology | 90.59 Mn | -8.01 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 |