CBAK Energy Technology (CBAT) Research & Development (2018 - 2026)
CBAK Energy Technology's Research & Development was $4.22 million in Q1 2026, up 39.5% from $3.02 million a year earlier but down 20.4% from the prior quarter.
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Analysis
CBAK Energy Technology (CBAT) Research & Development (2018 - 2026) Analysis & Trends
On a trailing twelve-month basis, CBAK Energy Technology's Research & Development was $17 million through Mar 31, 2026, up 28.6% year-over-year; for FY2025, it came in at $15.8 million, up 21.5% from FY2024.
- Research & Development has now increased for five consecutive years, with a five-year compound annual growth rate of 56.6% (FY2020 to FY2025).
- In earlier years, Research & Development was $13.01 million in FY2024 (+9.1%), $11.93 million in FY2023 (+12.2%), $10.64 million in FY2022 (+101.6%) and $5.27 million in FY2021 (+214.2%).
- Quarterly Research & Development has moved between $1.05 million (Q2 2021) and $5.3 million (Q4 2025) over five years.
- Compared with a year earlier, Research & Development has increased for five straight quarters, with growth averaging 18.8% over the last eight quarters.
- The best year-over-year quarter for Research & Development over five years was Q1 2022 (growth of 584.9%); the worst was Q1 2023 (a decline of 25.9%).
- Per Business Quant data, CBAT's Research & Development in the three quarters before Q1 2026 was $5.3 million (Q4 2025), $3.86 million (Q3 2025) and $3.61 million (Q2 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 252.99 Bn | 214.06 Bn | 2.36 Bn | 334.00 Mn |
| 2 | Bloom Energy | 81.25 Bn | 73.07 Bn | 355.57 Mn | 58.87 Mn |
| 3 | First Solar | 18.82 Bn | 9.78 Bn | 605.00 Mn | 76.24 Mn |
| 4 | BWX Technologies | 12.55 Bn | 10.85 Bn | 202.31 Mn | 4.17 Mn |
| 5 | Generac Holdings | 12.21 Bn | 11.04 Bn | 521.81 Mn | 65.78 Mn |
| 6 | Nextpower | 11.82 Bn | 7.71 Bn | 335.85 Mn | 44.51 Mn |
| 7 | EnerSys | 6.67 Bn | 4.86 Bn | 313.36 Mn | - |
| 8 | Enphase Energy | 4.36 Bn | -500.13 Mn | 175.01 Mn | 45.66 Mn |
| 9 | Mirion Technologies | 3.45 Bn | 1.34 Bn | 133.10 Mn | 10.10 Mn |
| 10 | CBAK Energy Technology | 117.90 Mn | 41.10 Mn | 1.04 Mn | 4.22 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 4.22 Mn |
| Dec 31, 2025 | 5.30 Mn |
| Sep 30, 2025 | 3.86 Mn |
| Jun 30, 2025 | 3.61 Mn |
| Mar 31, 2025 | 3.02 Mn |
| Dec 31, 2024 | 3.80 Mn |
| Sep 30, 2024 | 3.43 Mn |
| Jun 30, 2024 | 2.96 Mn |
| Mar 31, 2024 | 2.82 Mn |
| Dec 31, 2023 | 3.91 Mn |
| Sep 30, 2023 | 2.58 Mn |
| Jun 30, 2023 | 2.98 Mn |
| Mar 31, 2023 | 2.46 Mn |
| Dec 31, 2022 | 2.64 Mn |
| Sep 30, 2022 | 2.39 Mn |
| Jun 30, 2022 | 2.30 Mn |
| Mar 31, 2022 | 3.31 Mn |
| Dec 31, 2021 | 1.93 Mn |
| Sep 30, 2021 | 1.82 Mn |
| Jun 30, 2021 | 1.05 Mn |
API Access
CBAK Energy Technology Research & Development 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=research-and-development&ticker=CBAT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "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=research-and-development&ticker=CBAT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();