The table below shows CBAK Energy Technology, Inc.'s income statement line items across its last 6 fiscal years, exactly as reported in the company's audited annual filings. All figures are in US dollars; negative values appear in red.
Line item
FY 2025
FY 2024
FY 2023
FY 2022
FY 2021
FY 2020
Revenue
$195.19M
$176.61M
$204.44M
$248.73M
$52.67M
$37.57M
Cost of revenue
$176.77M
$134.84M
$172.71M
$230.63M
$47.56M
$34.85M
Gross profit
$18.42M
$41.78M
$31.72M
$18.10M
$5.11M
$2.71M
R&D
$15.80M
$13.01M
$11.93M
$10.64M
$5.27M
$1.68M
CBAT annual revenue (10-K history)
CBAK Energy Technology, Inc. reported annual revenue of $195.19M for fiscal year 2025. That is up 10.5% from $176.61M in fiscal 2024. Over the 10 fiscal years shown, annual revenue grew from $10.37M (FY 2016) to $195.19M. Figures come from the company's audited annual reports as filed with the SEC.