TH International (THCH) Cost of Revenue (2021 - 2025)

TH International (THCH) has 5 years of Cost of Revenue data on file, last reported at $5.9 million in Q4 2025.

• Cost of Revenue for Q4 2025 came in at $5.9 million, down 10.68% year-over-year; the trailing twelve-month figure through Dec 2025 was $24.0 million (up 12.59% YoY), and the FY2025 annual result was $24.5 million, up 16.41% from the prior year.
• Cost of Revenue slipped to $5.9 million in Q4 2025 per THCH's latest filing, from $7.3 million in the prior quarter.
• Over five years, Cost of Revenue peaked at $7.3 million in Q3 2025 and troughed at $859468.3 in Q3 2021.
• A 5-year average of $4.2 million and a median of $4.6 million in 2024 frame the typical range for Cost of Revenue.
• The sharpest annual moves came in 2023 and 2025: Cost of Revenue jumped 334.31% in 2023, then decreased 10.68% in 2025.
• A 5-year view of Cost of Revenue shows it stood at $1.0 million in 2021, then soared by 213.94% to $3.2 million in 2022, then surged by 123.55% to $7.2 million in 2023, then retreated by 7.23% to $6.6 million in 2024, then retreated by 10.68% to $5.9 million in 2025.
• Business Quant data shows THCH's Cost of Revenue at $5.9 million in Q4 2025, $7.3 million in Q3 2025, and $6.5 million in Q2 2025.