TH International (THCH) EBT (2021 - 2025)

TH International (THCH) reported EBT of -$32.5 million for Q4 2025, down 71.52% year-over-year from -$114.1 million in Q4 2024, and down 213.55% quarter-over-quarter from -$10.4 million in Q3 2025.

TH International (THCH) EBT (2021 - 2025) Analysis & Trends

TH International (THCH) has 5 years of EBT data on file, last reported at -$32.5 million in Q4 2025.

  • EBT for Q4 2025 came in at -$32.5 million, down 71.52% year-over-year; the trailing twelve-month figure through Dec 2025 was -$61.5 million (up 4.9% YoY), and the FY2025 annual result was -$62.3 million, up 0.86% from the prior year.
  • EBT fell to -$32.5 million in Q4 2025 per THCH's latest filing, from -$10.4 million in the prior quarter.
  • Over five years, EBT peaked at -$8.1 million in Q1 2025 and troughed at -$43.8 million in Q4 2023.
  • A 5-year average of -$22.1 million and a median of -$21.7 million in 2021 frame the typical range for EBT.
  • On a YoY basis, EBT climbed as much as 58.94% in 2025 and fell as far as 71.52% in 2025.
  • A 5-year view of EBT shows it stood at -$21.4 million in 2021, then sank by 50.79% to -$32.3 million in 2022, then plunged by 35.58% to -$43.8 million in 2023, then soared by 56.77% to -$18.9 million in 2024, then tumbled by 71.52% to -$32.5 million in 2025.
  • Business Quant data shows THCH's EBT at -$32.5 million in Q4 2025, -$10.4 million in Q3 2025, and -$10.5 million in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT (Qtr)
1 Starbucks 114.58 Bn 112.88 Bn 9.40 Bn 728.10 Mn
2 Chipotle Mexican Grill 42.15 Bn 41.28 Bn 2.61 Bn 405.81 Mn
3 Yum Brands 42.13 Bn 41.44 Bn 1.38 Bn 516.00 Mn
4 Restaurant Brands International 25.46 Bn 25.99 Bn 2.14 Bn 483.00 Mn
5 Darden Restaurants 24.75 Bn 24.51 Bn 3.31 Bn 356.80 Mn
6 Yum China Holdings 15.17 Bn 13.74 Bn 3.24 Bn 452.00 Mn
7 Texas Roadhouse 11.72 Bn 11.53 Bn 1.40 Bn 147.03 Mn
8 Dominos Pizza 10.51 Bn 10.28 Bn 464.51 Mn 180.64 Mn
9 Cava 10.34 Bn 9.94 Bn 797.57 Mn 6.08 Mn
10 TH International 7.70 Mn -11.48 Mn 38.17 Mn -32.49 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 -32.49 Mn
Sep 30, 2025 -10.36 Mn
Jun 30, 2025 -10.53 Mn
Mar 31, 2025 -8.12 Mn
Dec 31, 2024 -18.94 Mn
Sep 30, 2024 -12.41 Mn
Jun 30, 2024 -13.54 Mn
Mar 31, 2024 -19.78 Mn
Dec 31, 2023 -43.81 Mn
Sep 30, 2023 -21.88 Mn
Jun 30, 2023 -31.40 Mn
Mar 31, 2023 -25.40 Mn
Dec 31, 2022 -32.31 Mn
Sep 30, 2022 -27.41 Mn
Jun 30, 2022 -26.63 Mn
Mar 31, 2022 -23.83 Mn
Dec 31, 2021 -21.43 Mn
Sep 30, 2021 -17.48 Mn