Market data · Batteries · Company financials
Battery company financials
Quarterly revenue, margins and earnings for the largest cell makers and battery-materials and storage companies, in U.S. dollars.
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Battery company financials
Quarterly results for the largest cell makers, lithium producers and storage companies, converted to U.S. dollars.
Big-five cell makers' revenue
last 12 months, CATL, LGES, Samsung SDI, Panasonic, SK On · Q3 2026
$129.2B
▲ 42.0% vs. year ago
Company reports, source
Big-five cell makers' operating margin
last 12 months, combined · Q3 2026
13.4%
▲ 1.65 pts vs. year ago
Company reports, source
Lithium producers' revenue
last 12 months, Albemarle + SQM · Q2 2026
$12.6B
▲ 37.0% vs. year ago
Company reports, source
Tesla energy storage revenue
last 12 months, energy generation & storage segment · Q3 2026
$12.3B
▲ 2.2% vs. year ago
Tesla 10-Q / 10-K, source
Big-five cell makers: quarterly revenue
U.S. dollars per quarter at each quarter's average exchange rate; Panasonic and SK On are their battery businesses only
- CATL
- LG Energy Solution
- Samsung SDI
- Panasonic Energy
- SK On
View data table
Big-five cell makers: operating margin
Operating income as a share of revenue, by quarter since 2021, percent (Panasonic: adjusted operating profit)
- CATL
- LG Energy Solution
- Samsung SDI
- Panasonic Energy
- SK On
View data table
Lithium producers: quarterly revenue
U.S. dollars per quarter; Livent / Arcadium ends at its 2025 acquisition by Rio Tinto
- Albemarle
- SQM
- Livent / Arcadium
View data table
Storage systems: quarterly revenue
U.S. dollars per quarter; Tesla is its energy generation and storage segment
- Tesla Energy
- Fluence
- EnerSys
View data table
Latest quarter by company
Each company's most recent reported quarter in U.S. dollars at that quarter's average exchange rate. Panasonic Energy, SK On and Tesla Energy are business segments, which report revenue and operating profit but not net income (Tesla discloses gross profit only).
| Company | Quarter | Revenue | vs. year ago | Operating margin |
|---|---|---|---|---|
| BYDCell makers · reports in CNY | Q3 2026 | $32.86B | ▲ 20.6% | 5.5% |
| CATLCell makers · reports in CNY | Q3 2026 | $24.51B | ▲ 68.4% | 15.3% |
| LG Energy SolutionCell makers · reports in KRW | Q3 2026 | $6.80B | ▲ 65.6% | 7.8% |
| EVE EnergyCell makers · reports in CNY | Q3 2026 | $4.11B | ▲ 74.7% | 7.4% |
| Samsung SDICell makers · reports in KRW | Q3 2026 | $3.31B | ▲ 50.3% | 8.7% |
| Gotion High-TechCell makers · reports in CNY | Q3 2026 | $2.62B | ▲ 85.4% | −4.0% |
| Panasonic EnergyCell makers · segment · reports in JPY | Q3 2026 | $2.08B | ▲ 35.1% | 17.1% |
| SK OnCell makers · segment · reports in KRW | Q3 2026 | $1.08B | ▼ 17.4% | −5.3% |
| SQMLithium producers · reports in USD | Q2 2026 | $2.47B | ▲ 136.7% | 48.7% |
| AlbemarleLithium producers · reports in USD | Q2 2026 | $1.74B | ▲ 31.1% | 26.0% |
| Livent / ArcadiumLithium producers · acquired by Rio Tinto, 2025 · reports in USD | Q4 2024 | $0.29B | ▲ 59.0% | −11.9% |
| Tesla EnergyStorage systems · segment · reports in USD | Q3 2026 | $2.88B | ▼ 15.6% | — |
| EnerSysStorage systems · reports in USD | Q2 2026 | $0.94B | ▲ 4.8% | 16.2% |
| Fluence EnergyStorage systems · reports in USD | Q2 2026 | $0.65B | ▲ 7.9% | — |
| Eos EnergyStorage systems · reports in USD | Q2 2026 | $0.07B | ▲ 351.4% | — |
Company filings and investor reports (sources); exchange rates from the Federal Reserve via FRED.
Sources & method
Public data, cited.
Show sources and methodology
Producer prices, industrial production, shipments, inventories and employment come from the U.S. Bureau of Labor Statistics, the Federal Reserve and the U.S. Census Bureau, and metal prices from the International Monetary Fund, all through the Federal Reserve Bank of St. Louis's FRED database; they refresh on this page at least twice a day. Grid-scale storage comes from the U.S. Energy Information Administration's monthly generator inventory (Form EIA-860M), which covers units of at least 1 megawatt. Pack prices are BloombergNEF's annual battery price survey as published in its press releases. Mineral production, reserves, import reliance and annual prices come from the U.S. Geological Survey's Mineral Commodity Summaries.
- Changes compare the latest reading with the same period a year earlier. For producer price indexes the headline is the year-over-year rate of change, and its comparison is the change in that rate, in percentage points.
- Battery manufacturing (NAICS 33591) covers all battery types made in the U.S., including lead-acid, not lithium-ion alone. Census's annual survey of storage-battery plants (NAICS 335911) was not published for 2023, and its 2022 jump in employment partly reflects new plants classified into the industry.
- Storage history counts battery units by the month they entered service and removes retired units in the month they retired, using EIA's latest inventory, so earlier months may differ slightly from the inventory EIA published at the time. Power capacity is nameplate megawatts; energy capacity is nameplate megawatt-hours. Planned capacity is what developers report to EIA; planned projects frequently slip or are canceled.
- Global EV battery deployment, EV sales shares, and mineral demand and supply by country come from the International Energy Agency's Global EV Outlook data and Critical Minerals Data Explorer, licensed CC BY 4.0. The IEA rounds to two significant figures, so regions may not sum exactly to the world total. Outlook figures are IEA scenarios (Stated Policies, or the base case for supply), not forecasts.
- EV battery recalls are U.S. vehicle recalls whose NHTSA subject or defect summary refers to the high-voltage (propulsion) battery: its cells, modules, pack, contactors or control module. NHTSA's open data does not carry the detailed component code, so the match is by keyword and may miss or include a few borderline recalls. Vehicle counts are the manufacturer's estimate of vehicles potentially affected.
- Cell plants and supply-chain facilities come from the Lithium-Ion Battery Supply Chain Database compiled by NAATBatt International and the National Laboratory of the Rockies (formerly NREL) for the U.S. Department of Energy; we credit DOE, NLR, the Alliance for Energy Innovation and NAATBatt, who do not endorse this page. Capacity is each facility's announced annual capacity, not output. Our own status checks, each linked to its sources, are shown beside the database's status and can be more recent.
- Company financials are as reported, company-wide unless marked as a segment, converted to U.S. dollars at each quarter's average exchange rate, so dollar growth includes currency moves. Chinese companies report under Chinese accounting standards (operating profit includes investment income and impairments), Korean companies under K-IFRS, Panasonic under IFRS with adjusted operating profit, and U.S. companies under U.S. GAAP. From 2026, LG Energy Solution, Samsung SDI and SK On include the U.S. advanced manufacturing production credit (Section 45X) in revenue, so their 2026 revenue is not like-for-like with earlier years. SQM figures follow its Chilean-basis earnings releases. BYD is shown company-wide, which is mostly vehicles.
- Figures are as reported and subject to revision by the source. This page is for general information and is not investment advice.
Company financials sources
- Albemarle: all
- BYD: 2026Q1, 2026Q2, 2026Q3
- CATL: 2026Q1, 2026Q2, 2026Q3
- EnerSys: all
- Eos Energy: all
- EVE Energy: 2026Q1, 2026Q2, 2026Q3
- Fluence Energy: all
- Gotion High-Tech: 2026Q1, 2026Q2, 2026Q3
- LG Energy Solution: 2026Q1, 2026Q2, 2026Q3
- Livent / Arcadium: all, all
- Panasonic Energy: 2026Q1, 2026Q2, 2026Q3
- QuantumScape: all
- Samsung SDI: 2026Q2, 2026Q3, 2026Q1
- SK On: 2026Q1, 2026Q2, 2026Q3
- SQM: 2026Q1, 2026Q2, all
- Tesla Energy: all
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