CBAK Energy Technology (CBAT) Gross Margin (2018 - 2026)
CBAK Energy Technology's Gross Margin was 1.49% in Q1 2026, down 12.25 percentage points from 13.74% a year earlier and down 5.79 percentage points from the prior quarter.
CBAK Energy Technology (CBAT) Gross Margin (2018 - 2026) Analysis & Trends
On a trailing twelve-month basis, CBAK Energy Technology's Gross Margin was 6.38% through Mar 31, 2026, down 11.82 percentage points year-over-year; for FY2025, it was 9.44%, down 14.22 percentage points from FY2024.
- Gross Margin shows a five-year change of +2.21 percentage points (FY2020 to FY2025).
- In earlier years, Gross Margin was 23.65% in FY2024 (+8.14 pp), 15.52% in FY2023 (+8.24 pp), 7.28% in FY2022 (-2.43 pp) and 9.70% in FY2021 (+2.48 pp).
- The Q1 2026 figure marks the lowest quarterly Gross Margin since Q2 2019.
- Compared with a year earlier, Gross Margin has declined for seven straight quarters, with an average year-over-year change of -6.90 percentage points over the last eight quarters.
- The best year-over-year quarter for Gross Margin over five years was Q1 2024 (a gain of 25.07 percentage points); the worst was Q1 2025 (a drop of 18.19 percentage points).
- Per Business Quant data, CBAT's Gross Margin in the three quarters before Q1 2026 was 7.28% (Q4 2025), 8.00% (Q3 2025) and 11.01% (Q2 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 252.99 Bn | 214.06 Bn | 2.36 Bn | 21.25% |
| 2 | Bloom Energy | 81.25 Bn | 73.07 Bn | 355.57 Mn | 33.38% |
| 3 | First Solar | 18.82 Bn | 9.78 Bn | 605.00 Mn | 57.28% |
| 4 | BWX Technologies | 12.55 Bn | 10.85 Bn | 202.31 Mn | 22.44% |
| 5 | Generac Holdings | 12.21 Bn | 11.04 Bn | 521.81 Mn | 44.47% |
| 6 | Nextpower | 11.82 Bn | 7.71 Bn | 335.85 Mn | 35.91% |
| 7 | EnerSys | 6.67 Bn | 4.86 Bn | 313.36 Mn | 33.49% |
| 8 | Enphase Energy | 4.36 Bn | -500.13 Mn | 175.01 Mn | 59.97% |
| 9 | Mirion Technologies | 3.45 Bn | 1.34 Bn | 133.10 Mn | 49.89% |
| 10 | CBAK Energy Technology | 117.90 Mn | 41.10 Mn | 1.04 Mn | 1.49% |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 1.49% |
| Dec 31, 2025 | 7.28% |
| Sep 30, 2025 | 8.00% |
| Jun 30, 2025 | 11.01% |
| Mar 31, 2025 | 13.74% |
| Dec 31, 2024 | 13.05% |
| Sep 30, 2024 | 15.58% |
| Jun 30, 2024 | 26.63% |
| Mar 31, 2024 | 31.93% |
| Dec 31, 2023 | 22.58% |
| Sep 30, 2023 | 19.31% |
| Jun 30, 2023 | 9.16% |
| Mar 31, 2023 | 6.85% |
| Dec 31, 2022 | 6.95% |
| Sep 30, 2022 | 6.00% |
| Jun 30, 2022 | 9.82% |
| Mar 31, 2022 | 6.63% |
| Dec 31, 2021 | 3.75% |
| Sep 30, 2021 | 11.83% |
| Jun 30, 2021 | 18.64% |
CBAK Energy Technology Gross Margin 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=gross-margin&ticker=CBAT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "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=gross-margin&ticker=CBAT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();