TH International (THCH) Revenue (2021 - 2025)
TH International (THCH) reported Revenue of $44.1 million for Q4 2025, down 3.2% year-over-year from $45.6 million in Q4 2024, and down 12.29% on a QoQ basis from $50.3 million in Q3 2025.
TH International (THCH) has 5 years of Revenue data on file, last reported at $44.1 million in Q4 2025.
- Quarterly Revenue fell 3.2% year-over-year to $44.1 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $184.6 million (down 5.53% YoY) and the FY2025 annual result came in at $188.2 million, down 1.25% from the prior year.
- Revenue fell to $44.1 million in Q4 2025 per THCH's latest filing, from $50.3 million in the prior quarter.
- Across five years, Revenue topped out at $59.8 million in Q3 2023 and bottomed at $27.2 million in Q2 2022.
- The 5-year median for Revenue is $46.8 million (2024), against an average of $45.2 million.
- The widest annual swing landed in 2023, when Revenue soared 108.92%; it then retreated 17.29% in 2024.
- Tracing THCH's Revenue over 5 years: stood at $35.0 million in 2021, then advanced by 24.78% to $43.7 million in 2022, then advanced by 26.05% to $55.1 million in 2023, then slipped by 17.29% to $45.6 million in 2024, then retreated by 3.2% to $44.1 million in 2025.
- Per Business Quant, the three latest THCH Revenue figures stand at $44.1 million (Q4 2025), $50.3 million (Q3 2025), and $48.7 million (Q2 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Starbucks | 110.27 Bn | 108.58 Bn | 9.40 Bn | 9.53 Bn |
| 2 | Yum Brands | 40.90 Bn | 40.21 Bn | 1.38 Bn | 2.06 Bn |
| 3 | Chipotle Mexican Grill | 39.62 Bn | 38.75 Bn | 2.61 Bn | 3.09 Bn |
| 4 | Restaurant Brands International | 25.25 Bn | 25.79 Bn | 2.14 Bn | 2.26 Bn |
| 5 | Darden Restaurants | 23.41 Bn | 23.17 Bn | 3.31 Bn | 3.35 Bn |
| 6 | Yum China Holdings | 15.07 Bn | 13.64 Bn | 3.24 Bn | 3.27 Bn |
| 7 | Texas Roadhouse | 11.59 Bn | 11.39 Bn | 1.40 Bn | 1.63 Bn |
| 8 | Dominos Pizza | 10.51 Bn | 10.27 Bn | 464.51 Mn | 1.15 Bn |
| 9 | Cava | 8.67 Bn | 8.28 Bn | 797.57 Mn | 274.99 Mn |
| 10 | TH International | 9.22 Mn | -9.96 Mn | 38.17 Mn | 44.11 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 44.11 Mn |
| Sep 30, 2025 | 50.29 Mn |
| Jun 30, 2025 | 48.72 Mn |
| Mar 31, 2025 | 41.44 Mn |
| Dec 31, 2024 | 45.57 Mn |
| Sep 30, 2024 | 51.28 Mn |
| Jun 30, 2024 | 50.48 Mn |
| Mar 31, 2024 | 48.03 Mn |
| Dec 31, 2023 | 55.10 Mn |
| Sep 30, 2023 | 59.81 Mn |
| Jun 30, 2023 | 56.78 Mn |
| Mar 31, 2023 | 49.00 Mn |
| Dec 31, 2022 | 43.71 Mn |
| Sep 30, 2022 | 42.98 Mn |
| Jun 30, 2022 | 27.18 Mn |
| Mar 31, 2022 | 35.40 Mn |
| Dec 31, 2021 | 35.03 Mn |
| Sep 30, 2021 | 28.15 Mn |