Chagee is a premium freshly made tea brand known for Chinese-style milk teas built around whole-leaf tea and fresh milk rather than powdered mixes. Founded in Yunnan and scaled largely through franchising, it operates thousands of teahouses across China and parts of Southeast Asia, with expansion into other markets. Branding draws on traditional Chinese cultural motifs while positioning tea drinking as a modern lifestyle ritual.
| Quarter | Revenue | YoY % | Earnings | YoY % |
|---|---|---|---|---|
| Q2 2025 | 3,331.9 | — | 62.8 | — |
| Q3 2025 | 3,208.3 | — | 394.2 | — |
| Q4 2025 | 2,974.5 | — | 28.5 | — |
| Q1 2026 | 3,546 | — | 450.3 | — |
| Q2 2026 | 3,414.6 | 2.5% | 467.3 | 644.6% |
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