CBAK Energy Technology (CBAT) Operating Expenses (2018 - 2026)
CBAK Energy Technology's (CBAT) quarterly Operating Expenses came in at $10.7 million in Q1 2026, up 40.11% year-over-year from $7.7 million in Q1 2025, and down 12.66% quarter-over-quarter from $12.3 million in Q4 2025.
Analysis
CBAK Energy Technology (CBAT) Operating Expenses (2018 - 2026) Analysis & Trends
CBAK Energy Technology has disclosed Operating Expenses across 9 years of filings, most recently posting $10.7 million for Q1 2026.
- In Q1 2026, Operating Expenses rose 40.11% year-over-year to $10.7 million; the TTM figure through Mar 2026 stood at $39.9 million (up 24.28% YoY), while the FY2025 annual figure was $36.9 million, up 11.75% from the prior year.
- Operating Expenses came in at $10.7 million for Q1 2026 at CBAK Energy Technology, down from $12.3 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $18.6 million in Q4 2023 to a low of $4.9 million in Q3 2022.
- Average Operating Expenses over 5 years is $8.8 million, with a median of $7.8 million recorded in 2024.
- Year-over-year, Operating Expenses jumped 256.21% in 2022 and plunged 46.66% in 2024.
- Over 5 years, Operating Expenses stood at $12.6 million in 2022, then surged by 47.23% to $18.6 million in 2023, then plunged by 46.66% to $9.9 million in 2024, then advanced by 24.14% to $12.3 million in 2025, then slipped by 12.66% to $10.7 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $10.7 million in Q1 2026, $12.3 million in Q4 2025, and $8.9 million in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | EnerSys | 6.53 Bn | 6.00 Bn | 313.36 Mn | 151.24 Mn |
| 2 | QuantumScape | 3.23 Bn | 3.23 Bn | - | 106.13 Mn |
| 3 | Eos Energy Enterprises | 1.43 Bn | 1.08 Bn | -48.80 Mn | 35.01 Mn |
| 4 | Fluence Energy | 1.40 Bn | 839.06 Mn | 33.24 Mn | 63.04 Mn |
| 5 | Energy Vault Holdings | 764.95 Mn | 657.60 Mn | 5.38 Mn | 30.04 Mn |
| 6 | Enovix | 695.93 Mn | 695.93 Mn | 1.30 Mn | 44.60 Mn |
| 7 | Amprius Technologies | 466.27 Mn | 391.76 Mn | 9.28 Mn | 13.58 Mn |
| 8 | Electrovaya | 265.14 Mn | 252.06 Mn | 6.19 Mn | 1.07 Mn |
| 9 | Microvast Holdings | 218.97 Mn | 75.84 Mn | 25.78 Mn | 27.51 Mn |
| 10 | CBAK Energy Technology | 90.59 Mn | -8.01 Mn | 1.04 Mn | 10.74 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 10.74 Mn |
| Dec 31, 2025 | 12.30 Mn |
| Sep 30, 2025 | 8.91 Mn |
| Jun 30, 2025 | 7.99 Mn |
| Mar 31, 2025 | 7.67 Mn |
| Dec 31, 2024 | 9.91 Mn |
| Sep 30, 2024 | 7.78 Mn |
| Jun 30, 2024 | 6.78 Mn |
| Mar 31, 2024 | 8.52 Mn |
| Dec 31, 2023 | 18.57 Mn |
| Sep 30, 2023 | 6.96 Mn |
| Jun 30, 2023 | 7.66 Mn |
| Mar 31, 2023 | 5.79 Mn |
| Dec 31, 2022 | 12.61 Mn |
| Sep 30, 2022 | 4.94 Mn |
| Jun 30, 2022 | 5.39 Mn |
| Mar 31, 2022 | 6.65 Mn |
| Dec 31, 2021 | 6.83 Mn |
| Sep 30, 2021 | 4.31 Mn |
| Jun 30, 2021 | 3.82 Mn |