Chagee Announces Second Quarter 2026 Unaudited Financial Results

SHANGHAI, Aug. 28, 2026 (GLOBE NEWSWIRE) -- Chagee Holdings Limited (NASDAQ: CHA) (“Chagee” or the “Company”), a leading premium tea drinks brand serving healthy and delicious freshly-made tea drinks, today announced its unaudited financial results for the second quarter ended June 30, 2026.

Second Quarter 2026 Operational Highlights(1) * As of June 30, 2026, there were 7,639 teahouses within the Company’s teahouse network in Greater China and overseas, representing an 8.5% increase in the number of teahouses as of June 30, 2025. * Total GMV generated in the second quarter of 2026 was RMB7,660.3 million. Geographically, total GMV generated in overseas markets was RMB504.0 million in the second quarter of 2026, representing a 114.3% year-over-year increase; total GMV generated in Greater China market was RMB7,156.3 million, compared to RMB7,867.9 million in the same quarter of 2025. * Average monthly GMV per teahouse in Greater China was RMB338,259 in the second quarter of 2026, compared to RMB356,080 in the first quarter of 2026. * Chagee had 47.1 million active members in the second quarter of 2026, compared to 50.0 million in the first quarter of 2026. Second Quarter 2026 Financial Highlights * Net revenues increased by 2.5% to RMB3,414.6 million (US$503.3 million) from RMB3,331.9 million in the same quarter of 2025. * Operating income increased by 387.6% to RMB524.7 million (US$77.3 million) from RMB107.6 million in the same quarter of 2025. * GAAP net income was RMB464.8 million (US$68.5 million), compared to RMB77.2 million in the same quarter of 2025. * Non-GAAP net income, which adjusts for share-based compensation expenses in the amount of RMB23.9 million, was RMB488.7 million (US$72.0 million), compared to RMB629.8 million in the same quarter of 2025. Second Quarter 2026 Financial Results