TH International (THCH) Cost of Revenue (2021 - 2026)

TH International (THCH) has reported Cost of Revenue for 6 consecutive years, with $4.8 million the latest figure, recorded in Q1 2026.

• In Q1 2026, Cost of Revenue rose 10.29% year-over-year to $4.8 million; the TTM figure through Mar 2026 stood at $24.5 million (up 10.15% YoY), while the FY2025 annual figure was $24.5 million, up 16.41% from the prior year.
• Cost of Revenue retreated to $4.8 million in Q1 2026 per THCH's latest filing, from $5.9 million in the prior quarter.
• Across five years, Cost of Revenue topped out at $16.2 million in Q1 2023 and bottomed at $1.2 million in Q2 2022.
• Historically, Cost of Revenue has averaged $5.4 million across 5 years, with a median of $5.2 million in 2023.
• Annual changes were most pronounced in 2023 — Cost of Revenue jumped 1071.5% — and 2024, when it plunged 78.62%.
• TH International's Cost of Revenue stood at $3.2 million in 2022, then soared by 123.55% to $7.2 million in 2023, then decreased by 7.23% to $6.6 million in 2024, then decreased by 10.68% to $5.9 million in 2025, then dropped by 19.33% to $4.8 million in 2026.
• Business Quant data shows THCH's Cost of Revenue at $4.8 million in Q1 2026, $5.9 million in Q4 2025, and $7.3 million in Q3 2025.