Chagee Holdings Limited (CHA) Income Statement
CHA 2025 at a glance
Fiscal year ended December 31, 2025 · Chinese yuanCHA revenue and net income
Where CHA's revenue goes
2025Each bar shows an amount and its share of revenue. CHA kept 9.1% of revenue as net income.
CHA profit margins
CHA growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +4.0% | +197.2% | — | — |
| Gross profit | +4.1% | +254.3% | — | — |
| Operating income | −53.3% | — | — | — |
| Net income | −53.5% | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
CHA income statement in Chinese yuan
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Revenue | CN¥12.91B | CN¥12.41B | CN¥4.64B | CN¥491.7M |
| Cost of revenue | CN¥6.99B | CN¥6.72B | CN¥2.67B | CN¥358.6M |
| Gross profit | CN¥5.92B | CN¥5.68B | CN¥1.97B | CN¥133.1M |
| Sales, general & admin | CN¥3.81B | CN¥2.22B | CN¥624.7M | CN¥173.1M |
| Total operating expenses | CN¥4.57B | CN¥2.79B | CN¥897.4M | CN¥248.9M |
| Operating income | CN¥1.35B | CN¥2.89B | CN¥1.07B | −CN¥115.8M |
| Interest income | CN¥147.5M | CN¥37.3M | CN¥17.0M | CN¥1.9M |
| Income before taxes | CN¥1.62B | CN¥3.04B | CN¥1.01B | −CN¥112.4M |
| Income taxes | CN¥431.7M | CN¥527.5M | CN¥203.8M | −CN¥21.7M |
| Net income | CN¥1.17B | CN¥2.52B | CN¥800.9M | −CN¥90.7M |
| EBITDA | CN¥1.76B | CN¥3.10B | CN¥1.02B | −CN¥107.5M |
| Gross margin | 45.8% | 45.8% | 42.5% | 27.1% |
| Operating margin | 10.4% | 23.3% | 23.1% | −23.6% |
| Net margin | 9.1% | 20.3% | 17.3% | −18.5% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥3.41B | CN¥3.55B | CN¥2.97B | CN¥3.21B | CN¥3.33B | CN¥3.39B | CN¥3.33B | CN¥3.54B | CN¥3.02B | CN¥2.51B | CN¥2.05B | CN¥1.44B |
| Cost of revenue | CN¥2.13B | CN¥2.07B | CN¥1.77B | CN¥1.75B | CN¥1.72B | CN¥1.75B | CN¥1.78B | CN¥1.90B | CN¥1.67B | CN¥1.37B | CN¥1.16B | CN¥816.3M |
| Gross profit | CN¥1.27B | CN¥1.47B | CN¥1.21B | CN¥1.46B | CN¥1.61B | CN¥1.65B | CN¥1.56B | CN¥1.64B | CN¥1.36B | CN¥1.13B | CN¥891.9M | CN¥627.4M |
| Sales, general & admin | CN¥636.1M | CN¥768.2M | CN¥1.01B | CN¥821.9M | CN¥1.33B | CN¥652.1M | CN¥732.0M | CN¥675.6M | CN¥484.5M | CN¥330.2M | CN¥304.9M | CN¥172.1M |
| Total operating expenses | CN¥749.8M | CN¥927.1M | CN¥1.24B | CN¥1.00B | CN¥1.50B | CN¥824.6M | CN¥914.4M | CN¥842.3M | CN¥612.1M | CN¥426.2M | CN¥415.6M | CN¥261.1M |
| Operating income | CN¥523.3M | CN¥547.2M | −CN¥35.5M | CN¥454.4M | CN¥107.6M | CN¥820.8M | CN¥642.5M | CN¥794.2M | CN¥743.9M | CN¥705.9M | CN¥476.3M | CN¥366.3M |
| Interest income | CN¥3.1M | — | CN¥42.0M | CN¥39.0M | CN¥50.8M | CN¥15.7M | CN¥1.2M | CN¥21.3M | CN¥8.0M | CN¥9.2M | CN¥12.9M | — |
| Interest expense | — | CN¥1.1M | — | — | — | — | — | — | — | — | — | — |
| Income before taxes | CN¥579.2M | CN¥567.9M | CN¥72.0M | CN¥506.3M | CN¥203.6M | CN¥836.1M | CN¥702.3M | CN¥808.3M | CN¥787.0M | CN¥744.5M | CN¥380.3M | CN¥374.7M |
| Income taxes | CN¥115.7M | CN¥120.3M | CN¥38.1M | CN¥108.5M | CN¥126.4M | CN¥158.7M | CN¥58.1M | CN¥161.7M | CN¥158.3M | CN¥149.4M | CN¥70.0M | CN¥75.6M |
| Net income | CN¥465.9M | CN¥450.3M | CN¥28.5M | CN¥394.2M | CN¥69.5M | CN¥678.9M | CN¥659.0M | CN¥641.0M | CN¥621.9M | CN¥594.3M | CN¥309.0M | CN¥298.7M |
| EBITDA | CN¥523.3M | CN¥569.0M | CN¥72.0M | CN¥506.3M | CN¥203.6M | CN¥836.1M | CN¥702.3M | CN¥808.3M | CN¥796.2M | CN¥752.9M | CN¥384.6M | CN¥376.6M |
| Gross margin | 37.4% | 41.6% | 40.5% | 45.4% | 48.3% | 48.5% | 46.7% | 46.2% | 44.9% | 45.2% | 43.6% | 43.5% |
| Operating margin | 15.4% | 15.4% | −1.2% | 14.2% | 3.2% | 24.2% | 19.3% | 22.4% | 24.6% | 28.2% | 23.3% | 25.4% |
| Net margin | 13.7% | 12.7% | 1.0% | 12.3% | 2.1% | 20.0% | 19.8% | 18.1% | 20.6% | 23.7% | 15.1% | 20.7% |
Quarterly columns are labeled by the month the quarter ended. Figures in Chinese yuan as reported in CHA's financial statements (latest annual report filed April 29, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
CHA financial results
In fiscal year 2025 (ended December 31, 2025), Chagee Holdings Limited reported revenue of CN¥12.9 billion, up 4.0% from the year before. It had net income of CN¥1.2 billion (down 53.5%), a net profit margin of 9.1%. Figures are in Chinese yuan, the currency of its financial statements.
See the CHA stock overview for the latest quote and news, or the CHA chart for price history and technical indicators.
CHA income statement FAQ
What is Chagee Holdings Limited's annual revenue?
Chagee Holdings Limited reported total revenue of CN¥12.9 billion for fiscal year 2025, which ended on December 31, 2025. That was up 4.0% from CN¥12.4 billion the previous year.
Is Chagee Holdings Limited profitable?
Yes. Chagee Holdings Limited reported net income of CN¥1.2 billion in fiscal 2025, a net profit margin of 9.1%; its operating margin was 10.4%.
What is Chagee Holdings Limited's gross margin?
Chagee Holdings Limited's gross margin was 45.8% in fiscal 2025: for every $100 of revenue, Chagee Holdings Limited kept $46 after the direct cost of its products and services.
When will Chagee Holdings Limited report its next earnings?
Chagee Holdings Limited is expected to report results for the quarter ending September 30, 2026 on November 27, 2026 before the market opens.
When does Chagee Holdings Limited's fiscal year end?
Chagee Holdings Limited's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on April 29, 2026.