TH International (THCH) Operating Income (2021 - 2026)
TH International's (THCH) quarterly Operating Income came in at -$10.5 million in Q1 2026, up 10.86% year-on-year from -$9.5 million in Q1 2025, and up 38.23% on a QoQ basis from -$17.0 million in Q4 2025.
TH International (THCH) Operating Income (2021 - 2026) Analysis & Trends
TH International (THCH) has 6 years of Operating Income data on file, last reported at -$10.5 million in Q1 2026.
- On a quarterly basis, Operating Income rose 10.86% year-over-year to -$10.5 million in Q1 2026; TTM through Mar 2026 was -$43.3 million, a 0.04% change from a year earlier, with the FY2025 full-year figure at -$45.4 million, up 5.11% from the prior year.
- Operating Income for Q1 2026 stood at -$10.5 million, up from -$17.0 million in the prior quarter.
- Over the last five years, Operating Income for THCH reached as high as -$6.7 million in Q2 2025 and fell as low as -$32.7 million in Q4 2023.
- Historically, Operating Income has averaged -$17.0 million across 5 years, with a median of -$17.9 million in 2024.
- Across the five-year window, Operating Income plunged 71.7% in 2023 and jumped 69.49% in 2024, its largest moves.
- Year by year, Operating Income stood at -$19.0 million in 2022, then tumbled by 71.7% to -$32.7 million in 2023, then soared by 50.9% to -$16.1 million in 2024, then declined by 5.66% to -$17.0 million in 2025, then soared by 38.23% to -$10.5 million in 2026.
- Per Business Quant data, the three most recent Operating Income figures were -$10.5 million in Q1 2026, -$17.0 million in Q4 2025, and -$9.2 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Starbucks | 118.28 Bn | 116.58 Bn | 6.32 Bn | 828.10 Mn |
| 2 | Yum Brands | 41.26 Bn | 40.58 Bn | 1.38 Bn | 644.00 Mn |
| 3 | Chipotle Mexican Grill | 41.21 Bn | 40.34 Bn | 2.61 Bn | 397.06 Mn |
| 4 | Restaurant Brands International | 25.26 Bn | 24.25 Bn | 2.14 Bn | 606.00 Mn |
| 5 | Darden Restaurants | 22.64 Bn | 22.40 Bn | 3.31 Bn | 406.40 Mn |
| 6 | Yum China Holdings | 15.35 Bn | 13.92 Bn | 2.31 Bn | 447.00 Mn |
| 7 | Texas Roadhouse | 12.76 Bn | 12.54 Bn | 1.40 Bn | 146.34 Mn |
| 8 | Dominos Pizza | 11.11 Bn | 10.98 Bn | 478.23 Mn | 232.04 Mn |
| 9 | Dutch Bros | 8.18 Bn | 7.92 Bn | 107.48 Mn | 34.30 Mn |
| 10 | TH International | 54.63 Mn | 38.48 Mn | 32.43 Mn | -10.48 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -10.48 Mn |
| Dec 31, 2025 | -16.96 Mn |
| Sep 30, 2025 | -9.22 Mn |
| Jun 30, 2025 | -6.67 Mn |
| Mar 31, 2025 | -11.76 Mn |
| Dec 31, 2024 | -16.05 Mn |
| Sep 30, 2024 | -7.98 Mn |
| Jun 30, 2024 | -7.53 Mn |
| Mar 31, 2024 | -17.92 Mn |
| Dec 31, 2023 | -32.70 Mn |
| Sep 30, 2023 | -21.89 Mn |
| Jun 30, 2023 | -24.67 Mn |
| Mar 31, 2023 | -18.99 Mn |
| Dec 31, 2022 | -19.04 Mn |
| Sep 30, 2022 | -21.15 Mn |
| Jun 30, 2022 | -24.94 Mn |
| Mar 31, 2022 | -21.26 Mn |
| Dec 31, 2021 | -20.23 Mn |
| Sep 30, 2021 | -17.46 Mn |