Chagee Holdings (CHA) Gross Margin (2024 - 2025)

Chagee Holdings (CHA) reported Gross Margin of 87.44% for Q4 2025, down 70.0% year-over-year from 291.46% in Q4 2024, and down 2.87% quarter-over-quarter from 90.02% in Q3 2025.

Chagee Holdings (CHA) Gross Margin (2024 - 2025) Analysis & Trends

Chagee Holdings (CHA) has 2 years of Gross Margin data on file, last reported at 87.44% in Q4 2025.

  • Gross Margin for Q4 2025 came in at 87.44%, down 70.0% year-over-year; the trailing twelve-month figure through Dec 2025 was 89.05% (down 201.0% YoY), and the FY2025 annual result was 92.82%, up 176.0% from the prior year.
  • Gross Margin slipped to 87.44% in Q4 2025 per CHA's latest filing, from 90.02% in the prior quarter.
  • Over five years, Gross Margin peaked at 95.51% in Q1 2024 and troughed at 87.44% in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Starbucks 114.58 Bn 112.88 Bn 9.40 Bn 98.63%
2 Chipotle Mexican Grill 42.15 Bn 41.28 Bn 2.61 Bn 84.44%
3 Yum Brands 42.13 Bn 41.44 Bn 1.38 Bn 67.12%
4 Restaurant Brands International 25.46 Bn 25.99 Bn 2.14 Bn 94.61%
5 Darden Restaurants 24.75 Bn 24.51 Bn 3.31 Bn 98.82%
6 Yum China Holdings 15.17 Bn 13.74 Bn 3.24 Bn 99.05%
7 Texas Roadhouse 11.72 Bn 11.53 Bn 1.40 Bn 86.00%
8 Dominos Pizza 10.51 Bn 10.28 Bn 464.51 Mn 40.37%
9 Cava 10.34 Bn 9.94 Bn 797.57 Mn 290.04%
10 Chagee Holdings 265.95 Mn -777.13 Mn 371.92 Mn 87.44%

Historic Data

Download Data
DateValue
Dec 31, 2025 87.44%
Sep 30, 2025 90.02%
Jun 30, 2025 87.59%
Mar 31, 2025 91.02%
Dec 31, 2024 88.13%
Sep 30, 2024 90.07%
Jun 30, 2024 91.76%
Mar 31, 2024 95.51%