TH International (THCH) Net Margin (2021 - 2026)

TH International (THCH) has 6 years of Net Margin data on file, last reported at 42.8% in Q1 2026.

• On a quarterly basis, Net Margin fell 2355.0% year-over-year to 42.8% in Q1 2026; TTM through Mar 2026 was 38.44%, a 2015.0% decrease from a year earlier, with the FY2025 full-year figure at 32.12%, down 3209.0% from the prior year.
• Net Margin for Q1 2026 stood at 42.8%, up from 73.96% in the prior quarter.
• Over the last five years, Net Margin for THCH reached as high as 0.04% in Q4 2024 and fell as low as 96.97% in Q2 2022.
• Historically, Net Margin has averaged 46.92% across 5 years, with a median of 42.8% in 2026.
• Across the five-year window, Net Margin jumped 7974 bps in 2024 and sank 7391 bps in 2025, its largest moves.
• Year by year, Net Margin stood at 74.25% in 2022, then retreated by 7 bps to 79.78% in 2023, then jumped by 100 bps to 0.04% in 2024, then sank by 178107 bps to 73.96% in 2025, then jumped by 42 bps to 42.8% in 2026.
• Per Business Quant data, the three most recent Net Margin figures were 42.8% in Q1 2026, 73.96% in Q4 2025, and 20.36% in Q3 2025.