TH International (THCH) Operating Leases (2021 - 2025)

TH International (THCH) has 5 years of Operating Leases data on file, last reported at $33.9 million in Q4 2025.

• Quarterly Operating Leases fell 35.97% year-over-year to $33.9 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $33.9 million (down 35.97% YoY) and the FY2025 annual result came in at $33.4 million, down 36.79% from the prior year.
• Operating Leases retreated to $33.9 million in Q4 2025 per THCH's latest filing, from $52.9 million in the prior quarter.
• Across five years, Operating Leases topped out at $117.7 million in Q4 2021 and bottomed at $33.9 million in Q4 2025.
• The 5-year median for Operating Leases is $98.1 million (2023), against an average of $86.0 million.
• The widest annual swing landed in 2022, when Operating Leases fell 2.02%; it then slumped 41.72% in 2024.
• Tracing THCH's Operating Leases over 5 years: stood at $117.7 million in 2021, then slipped by 2.02% to $115.3 million in 2022, then retreated by 21.28% to $90.8 million in 2023, then sank by 41.72% to $52.9 million in 2024, then slumped by 35.97% to $33.9 million in 2025.
• Per Business Quant, the three latest THCH Operating Leases figures stand at $33.9 million (Q4 2025), $52.9 million (Q4 2024), and $90.8 million (Q4 2023).

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