TH International (THCH) Operating Expenses (2021 - 2026)

TH International (THCH) has 6 years of Operating Expenses data on file, last reported at $31.6 million in Q1 2026.

• On a quarterly basis, Operating Expenses fell 10.82% year-over-year to $31.6 million in Q1 2026; TTM through Mar 2026 was $147.5 million, a 8.62% decrease from a year earlier, with the FY2025 full-year figure at $152.7 million, down 6.38% from the prior year.
• Operating Expenses for Q1 2026 stood at $31.6 million, down from $36.8 million in the prior quarter.
• Over the last five years, Operating Expenses for THCH reached as high as $54.9 million in Q3 2023 and fell as low as $31.6 million in Q1 2026.
• Historically, Operating Expenses has averaged $42.8 million across 5 years, with a median of $42.6 million in 2022.
• Across the five-year window, Operating Expenses soared 41.99% in 2023 and declined 24.65% in 2024, its largest moves.
• Year by year, Operating Expenses stood at $45.0 million in 2022, then rose by 14.6% to $51.6 million in 2023, then fell by 24.65% to $38.9 million in 2024, then fell by 5.41% to $36.8 million in 2025, then decreased by 14.09% to $31.6 million in 2026.
• Per Business Quant data, the three most recent Operating Expenses figures were $31.6 million in Q1 2026, $36.8 million in Q4 2025, and $39.7 million in Q3 2025.