Chagee Holdings Reports Q1 Revenue of $514.1M, Up From Prior Year
Summary
Chagee Holdings announced Q1 2026 net revenues of $514.1 million (RMB3,546.0 million), marking a 4.5% increase from $491.9 million (RMB3,392.7 million) in the same quarter of 2025. The company also reported Non-GAAP basic net income per ordinary share of $0.39 (RMB2.67). This positive revenue growth follows significantly weaker financial results reported for Q4 2025 and the full fiscal year 2025, which included a decline in net income. The Q1 results suggest a potential turnaround or stabilization in the company's performance after a challenging period.
At the time of this announcement, CHA was trading at $10.30 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 news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Reuters.