---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-26-058171"
form_type: "8-K"
ticker: "CBAT"
cik: "0001117171"
company_name: "CBAK Energy Technology, Inc."
filed_at: "2026-05-18T13:10:13+00:00"
generated_at: "2026-05-18T13:12:22.099345+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# CBAK Energy Q1 revenue soars 99.3% to $69.6M, but gross margin drops to 1.5% and net loss widens to $9.3M

## Summary
- Consolidated net revenues $69.62M (up 99.3% YoY); battery segment revenue $37.52M (up 84.3%).
- LEV segment revenue surged 441.6% to $15.41M, led by India, Vietnam, and Africa.
- Hitrans raw materials revenue up 120.2% to $32.10M; segment net income turned to $1.57M from ($1.75M).
- Gross margin fell to 1.5% from 13.7% due to new capacity ramp-up costs and delayed raw material pass-through.
- Net loss attributable to shareholders $9.29M vs ($1.58M); cash and equivalents $98.6M, operating cash flow $22.28M.

## SEC filing metadata
- accession: 0001213900-26-058171
- form_type: 8-K
- ticker: CBAT
- cik: 0001117171
- company_name: CBAK Energy Technology, Inc.
- filed_at: 2026-05-18T13:10:13+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1117171/000121390026058171/0001213900-26-058171-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1117171/000121390026058171/ea0291249-8k_cbak.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-26-058171
- JSON: https://secwatch.observer/filing/0001213900-26-058171.json
- Plain text: https://secwatch.observer/filing/0001213900-26-058171.txt

## Key facts
- Earnings Releases
  CBAK Energy Technology, Inc. reported first quarter ended March 31, 2026 results: revenue $69.62 million.
  - Period: first quarter ended March 31, 2026
  - Revenue: $69.62 million
  - Result: reported results
  source text: March 31, 2026. First Quarter of 2026 Financial and Operational Highlights 1. First Quarter Consolidated Net Revenues achieved an explosive 99.3% year-over-year growth, reaching $69.62 million, compared to $34.94 million in the same period of 2025. The strong sales momentum was driven by the gradual release of newly added production capacity as ramp-up progressed, as
  evidence_url: https://www.sec.gov/Archives/edgar/data/1117171/000121390026058171/0001213900-26-058171-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.