CBAK Energy Technology (CBAT) Net Income (2018 - 2026)
CBAK Energy Technology (CBAT) posted Net Income of -$7.1 million for Q1 2026, up 5.55% sequentially from -$7.5 million in Q4 2025, and down 223.84% YoY from $5.7 million in Q1 2025.
CBAK Energy Technology (CBAT) Net Income (2018 - 2026) Analysis & Trends
CBAK Energy Technology has reported Net Income for 9 years, with the latest figure at -$7.1 million in Q1 2026.
- Quarterly Net Income fell 223.84% year-over-year to -$7.1 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$15.8 million (down 629.46% YoY) and the FY2025 annual result came in at -$11.0 million, down 214.26% from the prior year.
- Net Income grew to -$7.1 million in Q1 2026 per CBAT's latest filing, from -$7.5 million in the prior quarter.
- Over five years, Net Income peaked at $9.6 million in Q1 2024 and troughed at -$12.2 million in Q4 2022.
- A 5-year average of -$1.4 million and a median of -$2.2 million in 2025 frame the typical range for Net Income.
- The sharpest annual moves came in 2022 and 2023: Net Income sank 1145.28% in 2022, then soared 904.51% in 2023.
- Over 5 years, Net Income stood at -$12.2 million in 2022, then jumped by 65.2% to -$4.2 million in 2023, then dropped by 25.68% to -$5.3 million in 2024, then plunged by 40.67% to -$7.5 million in 2025, then advanced by 5.55% to -$7.1 million in 2026.
- According to Business Quant data, Net Income over the past three periods registered -$7.1 million, -$7.5 million, and $2.1 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 99.92 Bn | 96.81 Bn | 1.23 Bn | 497.80 Mn |
| 2 | Bloom Energy | 57.49 Bn | 54.82 Bn | 355.57 Mn | 198.83 Mn |
| 3 | Hubbell | 24.85 Bn | 24.45 Bn | 613.00 Mn | 242.20 Mn |
| 4 | nVent Electric | 24.78 Bn | 24.53 Bn | 558.00 Mn | 215.90 Mn |
| 5 | Advanced Energy Industries | 11.07 Bn | 9.65 Bn | 236.10 Mn | 54.10 Mn |
| 6 | Acuity Inc. (De) | 10.33 Bn | 9.92 Bn | 606.40 Mn | 141.00 Mn |
| 7 | Powell Industries | 7.19 Bn | 6.56 Bn | 95.30 Mn | 52.16 Mn |
| 8 | EnerSys | 6.92 Bn | 6.39 Bn | 313.36 Mn | 116.45 Mn |
| 9 | Plug Power | 3.23 Bn | 2.91 Bn | -1.68 Mn | -190.10 Mn |
| 10 | CBAK Energy Technology | 73.93 Mn | -24.66 Mn | 1.04 Mn | -7.07 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -7.07 Mn |
| Dec 31, 2025 | -7.49 Mn |
| Sep 30, 2025 | 2.08 Mn |
| Jun 30, 2025 | -3.36 Mn |
| Mar 31, 2025 | -2.18 Mn |
| Dec 31, 2024 | -5.32 Mn |
| Sep 30, 2024 | -685,539.00 |
| Jun 30, 2024 | 6.02 Mn |
| Mar 31, 2024 | 9.57 Mn |
| Dec 31, 2023 | -4.24 Mn |
| Sep 30, 2023 | 5.41 Mn |
| Jun 30, 2023 | -2.56 Mn |
| Mar 31, 2023 | -2.62 Mn |
| Dec 31, 2022 | -12.18 Mn |
| Sep 30, 2022 | -672,085.00 |
| Jun 30, 2022 | 944,882.00 |
| Mar 31, 2022 | 680,503.00 |
| Dec 31, 2021 | 1.16 Mn |
| Sep 30, 2021 | 15.82 Mn |
| Jun 30, 2021 | 2.15 Mn |