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% quarter-over-quarter from $50.3 million in Q3 2025.

TH International (THCH) Revenue (2021 - 2025) Analysis & Trends

TH International (THCH) has 5 years of Revenue data on file, last reported at $44.1 million in Q4 2025.

  • Revenue for Q4 2025 came in at $44.1 million, down 3.2% year-over-year; the trailing twelve-month figure through Dec 2025 was $184.6 million (down 5.53% YoY), and the FY2025 annual result was $188.2 million, down 1.25% from the prior year.
  • Revenue declined to $44.1 million in Q4 2025 per THCH's latest filing, from $50.3 million in the prior quarter.
  • Over five years, Revenue peaked at $59.8 million in Q3 2023 and troughed at $27.2 million in Q2 2022.
  • A 5-year average of $45.2 million and a median of $46.8 million in 2024 frame the typical range for Revenue.
  • The sharpest annual moves came in 2023 and 2024: Revenue surged 108.92% in 2023, then slipped 17.29% in 2024.
  • A 5-year view of Revenue shows it stood at $35.0 million in 2021, then grew by 24.78% to $43.7 million in 2022, then grew by 26.05% to $55.1 million in 2023, then declined by 17.29% to $45.6 million in 2024, then slipped by 3.2% to $44.1 million in 2025.
  • Business Quant data shows THCH's Revenue at $44.1 million in Q4 2025, $50.3 million in Q3 2025, and $48.7 million in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Revenue (Qtr)
1 Starbucks 114.58 Bn 112.88 Bn 9.40 Bn 9.53 Bn
2 Chipotle Mexican Grill 42.15 Bn 41.28 Bn 2.61 Bn 3.09 Bn
3 Yum Brands 42.13 Bn 41.44 Bn 1.38 Bn 2.06 Bn
4 Restaurant Brands International 25.46 Bn 25.99 Bn 2.14 Bn 2.26 Bn
5 Darden Restaurants 24.75 Bn 24.51 Bn 3.31 Bn 3.35 Bn
6 Yum China Holdings 15.17 Bn 13.74 Bn 3.24 Bn 3.27 Bn
7 Texas Roadhouse 11.72 Bn 11.53 Bn 1.40 Bn 1.63 Bn
8 Dominos Pizza 10.51 Bn 10.28 Bn 464.51 Mn 1.15 Bn
9 Cava 10.34 Bn 9.94 Bn 797.57 Mn 274.99 Mn
10 TH International 7.70 Mn -11.48 Mn 38.17 Mn 44.11 Mn

Historic Data

Download Data
DateValue
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