TH International (THCH) EBITDA (2021 - 2025)

TH International (THCH) has 5 years of EBITDA data on file, last reported at -$29.3 million in Q4 2025.

• EBITDA for Q4 2025 came in at -$29.3 million, down 42.43% year-over-year; the trailing twelve-month figure through Dec 2025 was -$57.4 million (up 1.67% YoY), and the FY2025 annual result was -$58.1 million, down 0.74% from the prior year.
• EBITDA slipped to -$29.3 million in Q4 2025 per THCH's latest filing, from -$9.8 million in the prior quarter.
• Over five years, EBITDA peaked at -$6.4 million in Q2 2024 and troughed at -$40.6 million in Q4 2023.
• A 5-year average of -$21.7 million and a median of -$22.3 million in 2021 frame the typical range for EBITDA.
• The sharpest annual moves came in 2022 and 2024: EBITDA tumbled 71.23% in 2022, then surged 80.58% in 2024.
• A 5-year view of EBITDA shows it stood at -$21.8 million in 2021, then sank by 44.09% to -$31.5 million in 2022, then retreated by 28.96% to -$40.6 million in 2023, then surged by 49.29% to -$20.6 million in 2024, then plunged by 42.43% to -$29.3 million in 2025.
• Business Quant data shows THCH's EBITDA at -$29.3 million in Q4 2025, -$9.8 million in Q3 2025, and -$10.3 million in Q2 2025.