TH International (THCH) Cost of Revenue (2021 - 2026)
TH International's (THCH) quarterly Cost of Revenue came in at $4.8 million in Q1 2026, up 10.29% year-on-year from $4.3 million in Q1 2025, and down 19.33% on a QoQ basis from $5.9 million in Q4 2025.
TH International (THCH) Cost of Revenue (2021 - 2026) Analysis & Trends
TH International (THCH) has 6 years of Cost of Revenue data on file, last reported at $4.8 million in Q1 2026.
- On a quarterly basis, Cost of Revenue rose 10.29% year-over-year to $4.8 million in Q1 2026; TTM through Mar 2026 was $24.5 million, a 10.15% increase from a year earlier, with the FY2025 full-year figure at $24.5 million, up 16.41% from the prior year.
- Cost of Revenue for Q1 2026 stood at $4.8 million, down from $5.9 million in the prior quarter.
- Over the last five years, Cost of Revenue for THCH reached as high as $7.3 million in Q3 2025 and fell as low as $1.2 million in Q2 2022.
- Historically, Cost of Revenue has averaged $4.6 million across 5 years, with a median of $4.8 million in 2026.
- Across the five-year window, Cost of Revenue surged 334.31% in 2023 and fell 10.68% in 2025, its largest moves.
- Year by year, Cost of Revenue stood at $3.2 million in 2022, then surged by 123.55% to $7.2 million in 2023, then dropped by 7.23% to $6.6 million in 2024, then dropped by 10.68% to $5.9 million in 2025, then fell by 19.33% to $4.8 million in 2026.
- Per Business Quant data, the three most recent Cost of Revenue figures were $4.8 million in Q1 2026, $5.9 million in Q4 2025, and $7.3 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Starbucks | 118.28 Bn | 116.58 Bn | 6.32 Bn | 3.21 Bn |
| 2 | Yum Brands | 41.26 Bn | 40.58 Bn | 1.38 Bn | 677.00 Mn |
| 3 | Chipotle Mexican Grill | 41.21 Bn | 40.34 Bn | 2.61 Bn | 480.64 Mn |
| 4 | Restaurant Brands International | 25.26 Bn | 24.25 Bn | 2.14 Bn | 122.00 Mn |
| 5 | Darden Restaurants | 22.64 Bn | 22.40 Bn | 3.31 Bn | 39.40 Mn |
| 6 | Yum China Holdings | 15.35 Bn | 13.92 Bn | 2.31 Bn | 963.00 Mn |
| 7 | Texas Roadhouse | 12.76 Bn | 12.54 Bn | 1.40 Bn | 228.63 Mn |
| 8 | Dominos Pizza | 11.11 Bn | 10.98 Bn | 478.23 Mn | 716.20 Mn |
| 9 | Dutch Bros | 8.18 Bn | 7.92 Bn | 107.48 Mn | 356.94 Mn |
| 10 | TH International | 54.63 Mn | 38.48 Mn | 32.43 Mn | 4.79 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 4.79 Mn |
| Mar 31, 2026 | 4.79 Mn |
| Dec 31, 2025 | 5.94 Mn |
| Dec 31, 2025 | 5.94 Mn |
| Sep 30, 2025 | 7.27 Mn |
| Sep 30, 2025 | 7.27 Mn |
| Jun 30, 2025 | 6.49 Mn |
| Jun 30, 2025 | 6.49 Mn |
| Mar 31, 2025 | 4.34 Mn |
| Mar 31, 2025 | 4.34 Mn |
| Dec 31, 2024 | 6.65 Mn |
| Dec 31, 2024 | 6.65 Mn |
| Sep 30, 2024 | 6.47 Mn |
| Sep 30, 2024 | 6.47 Mn |
| Jun 30, 2024 | 4.78 Mn |
| Jun 30, 2024 | 4.78 Mn |
| Mar 31, 2024 | 3.47 Mn |
| Mar 31, 2024 | 3.47 Mn |
| Dec 31, 2023 | 7.17 Mn |
| Dec 31, 2023 | 7.17 Mn |