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EarningsQ2 2026 Earnings Report
CHA Q2 2026 EPS Results
Actual EPS$0.36
Consensus EPS$0.35
Beat/MissBeat by +<$0.01
One Year Ago EPS$0.05
CHA Q2 2026 Revenue Results
Actual Revenue$501.64M
Expected Revenue$533.25M
Beat/MissMissed by -$31.61M
YoY Revenue Growth+8.91%
Earnings Announcement Details
QuarterQ2 2026
Date08/28/2026
TimeBefore Open
Conference CallFriday, August 28, 2026
CHA Upcoming Earnings
Chagee Holdings Limited Unsponsored ADR's next earnings date is estimated for November 27, 2026, based on past reporting schedules.
Q2 2026 Earnings Call Audio
CHA Q2 2026 Earnings Call
0:00 / 0:00
Q2 2026 Earnings Slide Deck
Q2 2026 Earnings Call Summary
Earnings Call Sentiment|Positive
The call shows a predominantly constructive operational and financial story: meaningful profitability improvement, strong cost discipline, record product innovation and a large overseas GMV acceleration. These positives are tempered by sequential softness in GMV and revenues in the core Greater China market, elevated company-owned operating costs from network build-out, and a competitive, structurally shifting industry. Management is focused on quality of growth, product pipeline and international expansion while evaluating shareholder return mechanisms.Company Guidance
Strong Profitability Improvement
GAAP net income of RMB 464.8 million with a net income margin of 13.6%, up from 2.3% in the year-ago period; operating income RMB 524.7 million with an operating margin of 15.4% versus 3.2% a year ago. Company reported 14 consecutive quarters of positive net income.
Positive Year-over-Year Revenue Growth
Net revenues of RMB 3,414.6 million, an increase of 2.5% year-over-year, demonstrating topline growth despite a softer macro and competitive environment.
Robust Overseas Expansion and GMV Growth
Overseas GMV reached RMB 504.0 million, up 114.3% year-over-year and 18.2% sequentially, with presence expanded to 8 overseas markets and overseas identified as an important growth engine.
Record Product Launch Cadence and Strong Trial Metrics
Launched 17 new products in the quarter (highest in company history). Key launch metrics: Melon Oolong averaged ~110 cups/teahouse/day in week one with ~20% cup share; Longjing tea latte lifted GMV nearly 25% sequentially during a 14-day period; specialty deals averaged 124 cups/teahouse/day in first 3 days; lemon tea latte increased first-time member acquisition by 45% during launch; gelato pilot in 190+ teahouses boosted offline GMV >20% in pilot stores.
Teahouse Network Growth and Successful New Market Entry
Global teahouse network totaled 7,639 locations (net increase of 108 QoQ), up 8.5% YoY from 7,038. First entry into South Korea: 3 teahouses sold >16,000 cups in first 3 days and >46,000 preopening app downloads. Average daily cup volume per teahouse reached 1,648 in May.
Improved Cost Efficiency and Leaner Operating Structure
Non-GAAP G&A ratio declined to 9.1% from 13.2% YoY; non-GAAP sales & marketing ratio narrowed to 8.8% from 10.6% YoY; other operating costs decreased 33.3% YoY. These reflect organizational streamlining and improved resource allocation.
Strong Liquidity and Shareholder Returns Actions
Cash, restricted cash and time deposits of RMB 6,795.5 million at quarter end. Share repurchase program up to USD 150 million with ~USD 30 million executed as of August 24; Board actively evaluating more regular dividend/return mechanisms.
CHA Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed