Chagee Reports Mixed Q1 2026 Results, Authorizes $150M Share Repurchase
CHA sits 24% above its 52-week low of $8.98.
Summary
Chagee Holdings reported mixed Q1 2026 financial results with revenue growth but a significant decline in net income, alongside authorizing a substantial US$150 million share repurchase program.
Key Events · Earnings and Guidance · CHA
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Mixed Q1 2026 Financial Performance
Net revenues increased by 4.5% year-over-year to US$514.1 million, but GAAP net income declined significantly by 33.9% to US$64.9 million, and operating income fell by 33.3%.
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Substantial Share Repurchase Program Authorized
The board authorized a US$150 million share repurchase program for its Class A ordinary shares (ADSs) over a twelve-month period, commencing June 1, 2026. This represents approximately 7.7% of the company's market capitalization.
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Operational Trends Show Mixed Signals
The teahouse network expanded by 12.7% year-over-year to 7,531 locations. Overseas GMV surged by 139.0%, while Greater China GMV decreased. Same-store GMV decline improved to (16.0)% from (25.5)% in the prior quarter.
Analysis · CHA · Trade & Services
Chagee Holdings reported a 4.5% increase in net revenues for Q1 2026, reaching US$514.1 million. However, GAAP net income saw a significant decline of 33.9% year-over-year to US$64.9 million, indicating pressure on profitability despite revenue growth. The company also announced a substantial US$150 million share repurchase program, representing approximately 7.7% of its current market capitalization, signaling management's confidence in the company's value and a commitment to returning capital to shareholders. This program could provide support for the stock amidst the mixed financial performance.
How filings like this one have moved
In the 30 days to Sep 14, 2026, 35.8% of the 1045 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.43%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, CHA was trading at $11.14 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $1.9B. The 52-week trading range was $8.98 to $35.42. This filing was assessed with neutral market sentiment and an importance score of 8 out of 10.