Chagee net income climbs 2.3% in Q2 2025 | QSR Media
, China
Photo from Unsplash by Declan Sun.

Chagee net income climbs 2.3% in Q2 2025

The tea chain has a total of 7,038 teahouses as of 30 June 2025.

Chagee Holdings Limited reported a net income of $10.8m in the second quarter of 2025, an increase of 2.3% compared to the same quarter last year.

Non-GAAP net income was US$87.9m in the second quarter of 2025, representing a non-GAAP net income margin of 18.9% last year.

Total net revenues increased by 10.2% to US$465.1m. Net revenues from franchised teahouses in the second quarter of 2025 were $421.7m, representing an increase of 6.1% the same quarter of 2024.

The increase was mainly attributable to the expansion of the company’s franchised teahouse footprint.

Net revenues from franchised teahouses represented 90.7% of the Company’s total net revenues for the second quarter of 2025. Geographically, the increase was mainly attributable to the increase in the domestic market and, to a lesser extent, to the Company’s overseas expansion.

Meanwhile, net revenues from company-owned teahouses in the second quarter of 2025 increased 77.3% to $43.4m, primarily driven by the expansion of the company-owned teahouse network.

Net revenues from company-owned teahouses represented 9.3% of the company’s total net revenues for the second quarter of 2025.

Follow the link for more news on

Join QSR Media community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you design and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!