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

TH International (THCH) has reported Operating Income for 6 consecutive years, with -$10.5 million the latest figure, recorded in Q1 2026.

• In Q1 2026, Operating Income rose 10.86% year-over-year to -$10.5 million; the TTM figure through Mar 2026 stood at -$43.3 million (changed 0.04% YoY), while the FY2025 annual figure was -$45.4 million, up 5.11% from the prior year.
• Operating Income climbed to -$10.5 million in Q1 2026 per THCH's latest filing, from -$17.0 million in the prior quarter.
• Across five years, Operating Income topped out at -$6.7 million in Q2 2025 and bottomed at -$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.
• Annual changes were most pronounced in 2023 — Operating Income slumped 71.7% — and 2024, when it soared 69.49%.
• TH International's Operating Income stood at -$19.0 million in 2022, then tumbled by 71.7% to -$32.7 million in 2023, then jumped by 50.9% to -$16.1 million in 2024, then slipped by 5.66% to -$17.0 million in 2025, then jumped by 38.23% to -$10.5 million in 2026.
• Business Quant data shows THCH's Operating Income at -$10.5 million in Q1 2026, -$17.0 million in Q4 2025, and -$9.2 million in Q3 2025.