BUSINESS

CATL’s Rosy Results Rest on Strong EV and Energy Storage Demand

Published: Mar. 10, 2026 2:02 p.m. GMT+8

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Contemporary Amperex Technology Co. Ltd. (CATL) reported a 42.3% increase in net profit to 72.2 billion yuan ($10.5 billion) in 2025, as robust global demand for electric vehicle and energy storage batteries pushed its production lines to near full capacity.

The stellar financial performance underscores the persistent dominance of the world’s largest battery-maker during an industry upswing, which has prompted top-tier manufacturers to rapidly expand their production capabilities to meet surging orders stretching well into 2026.

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CATL's 2025 net profit rose 42.3% to 72.2 billion yuan, with revenue up 17% to 423.7 billion yuan and gross margin reaching 26.3%.
The company led globally in EV (39.2% market share) and energy storage batteries (27.6%), selling 661 GWh of lithium batteries and operating near full capacity.
Overseas business contributed 30.6% of revenue with a 31.4% margin; CATL pledged 50% net profit as dividends and expanded R&D and production capacity.

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Contemporary Amperex Technology Co. Ltd.: Contemporary Amperex Technology Co. Ltd. (CATL) saw a 42.3% surge in net profit to $10.5 billion in 2025, driven by robust demand for EV and energy storage batteries, operating at 96.9% capacity. The company maintained global leadership in EV and energy storage battery markets, with 39.2% and 27.6% shares, respectively. Notably, overseas operations provided a higher gross margin than domestic business.

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