CBAK Energy Technology (CBAT) Operating Expenses (2018 - 2026)
CBAK Energy Technology (CBAT) posted Operating Expenses of $10.74 million for Q1 2026, up 40.1% from $7.67 million a year earlier but down 12.7% from the prior quarter.
CBAK Energy Technology (CBAT) Operating Expenses (2018 - 2026) Analysis & Trends
For the trailing twelve months through Mar 31, 2026, Operating Expenses at CBAK Energy Technology was $39.94 million, up 24.3% year-over-year; for FY2025, it came in at $36.86 million, up 11.8% from FY2024.
- Annual Operating Expenses shows a five-year compound annual growth rate of 26.9% (FY2020 to FY2025).
- In prior years, CBAK Energy Technology's Operating Expenses was $32.99 million in FY2024 (-15.4%), $38.98 million in FY2023 (+31.7%), $29.6 million in FY2022 (+75.9%) and $16.82 million in FY2021 (+50.3%).
- Quarterly Operating Expenses has run from a low of $3.82 million in Q2 2021 to a high of $18.57 million in Q4 2023 over five years.
- On a year-over-year basis, Operating Expenses has increased in each of the last four quarters, with growth averaging 5.0% over the last eight quarters.
- The strongest year-over-year quarter for Operating Expenses in the past five years was Q3 2021, with growth of 338.8%; the weakest was Q4 2024, with a decline of 46.7%.
- According to Business Quant data, Operating Expenses for the three prior quarters was $12.3 million (Q4 2025), $8.91 million (Q3 2025) and $7.99 million (Q2 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 252.99 Bn | 214.06 Bn | 2.36 Bn | 1.71 Bn |
| 2 | Bloom Energy | 81.25 Bn | 73.07 Bn | 355.57 Mn | 173.34 Mn |
| 3 | First Solar | 18.82 Bn | 9.78 Bn | 605.00 Mn | 154.62 Mn |
| 4 | BWX Technologies | 12.55 Bn | 10.85 Bn | 202.31 Mn | 811.92 Mn |
| 5 | Generac Holdings | 12.21 Bn | 11.04 Bn | 521.81 Mn | 311.38 Mn |
| 6 | Nextpower | 11.82 Bn | 7.71 Bn | 335.85 Mn | 144.95 Mn |
| 7 | EnerSys | 6.67 Bn | 4.86 Bn | 313.36 Mn | 151.24 Mn |
| 8 | Enphase Energy | 4.36 Bn | -500.13 Mn | 175.01 Mn | 123.50 Mn |
| 9 | Mirion Technologies | 3.45 Bn | 1.34 Bn | 133.10 Mn | 115.20 Mn |
| 10 | CBAK Energy Technology | 117.90 Mn | 41.10 Mn | 1.04 Mn | 10.74 Mn |
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 |
CBAK Energy Technology Operating Expenses 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=operating-expenses&ticker=CBAT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "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=operating-expenses&ticker=CBAT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();