Luckin Coffee Inc. Earnings Recaps
Q3 2025
Nov 18, 2025
Luckin Coffee delivered a robust performance in Q3 2025, with revenue soaring 50% year-over-year to RMB 15.3 billion and operating profit increasing to RMB 1.8 billion amidst aggressive expansion and strong customer acquisition.
Key takeaways
- Revenue grew by 50% year-over-year, reaching RMB 15.3 billion; same-store sales rose 14.4%.
- Operating profit stood at RMB 1.8 billion, demonstrating resilience despite competitive pressures in the delivery segment.
- Total store count exceeded 29,000, with 2,979 net new openings in China and successful international expansion to 118 stores.
- Achieved a record high of 42 million new transacting customers, bringing average monthly transactions to over 110 million.
- Continued product innovation with nearly 30 new beverage launches, enhancing brand leadership and market appeal.
Q2 2025
Jul 30, 2025
Luckin Coffee delivered a robust second quarter in 2025, achieving a 47% year-over-year revenue growth to RMB 12.4 billion and bolstering its market share through strategic store expansions and product innovations.
Key takeaways
- Operating profit surged by 62% year-over-year to RMB 1.7 billion, with operating margins expanding to 13.8%.
- Total store count reached 26,206, including 2,085 new stores added in the quarter, reinforcing market leadership in China.
- Monthly average transacting customers grew 32% year-over-year to nearly 91.7 million, driven by successful marketing initiatives and new product offerings.
- Launched over 20 new beverages and snacks, enhancing product portfolio diversity to align with evolving consumer trends.
- Internationally, strategic soft openings in the U.S. commenced, with two stores in New York marking a key milestone in its expansion strategy.