CBAK Energy Technology, Inc. (CBAT) Revenue History
Annual and quarterly revenue from 2013 to 2024
Compound Annual Growth Rate (CAGR)
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CBAT Revenue Growth
Revenue Breakdown (FY 2021)
CBAT's revenue distribution by segment and geography for fiscal year 2021
By Product/Segment
By Geography
CBAT Revenue Analysis (2013–2024)
As of May 8, 2026, CBAK Energy Technology, Inc. (CBAT) generated trailing twelve-month (TTM) revenue of $161.8 million, reflecting explosive growth of +36.5% year-over-year. The most recent quarter (Q3 2025) recorded $60.9 million in revenue, up 50.3% sequentially.
Looking at the longer-term picture, CBAT's 5-year compound annual growth rate (CAGR) stands at +51.4%, indicating outstanding long-term growth trajectory. The company achieved its highest annual revenue of $248.7 million in 2022.
Revenue diversification analysis shows CBAT's business is primarily driven by TotalHighPowerLithiumBatteriesUsedMember (40%), UninterruptableSuppliesMember (38%), and PrecursorMember (10%).
When compared to Industrials sector peers including MVST (+12.6% YoY), SLDP (-6.9% YoY), and FLUX (-19.7% YoY), CBAT has outperformed the peer group in terms of revenue growth. Compare CBAT vs MVST →
CBAT Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| CBATCurrent | $162M | +36.5% | +51.4% | 5.0% | |
 MVST | $428M | +12.6% | +31.8% | 1.6% | |
 SLDP | $22M | -6.9% | +59.6% | -463.7% | |
 FLUX | $66M | -19.7% | +31.6% | -7.6% | |
 CLFD | $150M | -21.0% | +10.0% | 1.4% |
CBAT Historical Revenue Data (2013–2024)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2024 | $176.6M | -13.6% | $41.8M | 23.7% | $8.8M | 5.0% |
| 2023 | $204.4M | -17.8% | $31.7M | 15.5% | $-7,251,812 | -3.5% |
| 2022 | $248.7M | +372.2% | $18.1M | 7.3% | $-11,504,603 | -4.6% |
| 2021 | $52.7M | +40.2% | $5.1M | 9.7% | $-11,712,506 | -22.2% |
| 2020 | $37.6M | +69.3% | $2.7M | 7.2% | $-8,479,503 | -22.6% |
| 2019 | $22.2M | -9.2% | $623K | 2.8% | $-10,088,697 | -45.5% |
| 2018 | $24.4M | -58.1% | $-3,298,597 | -13.5% | $-13,439,060 | -55.0% |
| 2017 | $58.4M | +597.5% | $-10,195,472 | -17.5% | $-20,205,282 | -34.6% |
| 2016 | $8.4M | -39.8% | $-2,045,991 | -24.4% | $-12,256,919 | -146.4% |
| 2015 | $13.9M | -88.7% | $950K | 6.8% | $-3,649,004 | -26.2% |
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Start ComparisonCBAT — Frequently Asked Questions
Quick answers to the most common questions about buying CBAT stock.
Is CBAT's revenue growth accelerating or slowing?
CBAT revenue is accelerating at +36.5% year-over-year, exceeding the 5-year CAGR of +51.4%. TTM revenue reached $162M. Growth momentum has increased versus prior periods.
What is CBAT's long-term revenue growth rate?
CBAK Energy Technology, Inc.'s 5-year revenue CAGR of +51.4% reflects the sustained expansion pattern. Current YoY growth of +36.5% is above this long-term average.
How is CBAT's revenue distributed by segment?
CBAT reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2013-2024 are available for download. Segment mix reveals concentration and diversification trends.