Luckin Coffee's total net revenue is expected to grow by 43% in 2025, with an additional 8,708 stores opened.

NightAirdropper · 2026-02-28T06:44:31+00:00

Luckin Coffee's full-year net revenue in 2025 reached 49.288 billion yuan, a year-on-year increase of 43%; net revenue in the fourth quarter was 12.778 billion yuan, a year-on-year increase of 32.9%. Full-year net profit was 3.6 billion yuan, a year-on-year increase of 21.8%; net profit in the fourth quarter was 518 million yuan, down 39% year-on-year. The total number of stores reached 31,048, with overall business performance remaining strong, and it is expected to continue expanding and improving product quality in 2026.

NightAirdropper

2026-02-28 06:44:31

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Luckin Coffee Liu Zhiying On February 26, Luckin Coffee (OTC: LKNCY) announced its Q4 and full-year 2025 financial results.

For the full year 2025, Luckin Coffee’s total net revenue was 49.288 billion yuan, a 43% increase year-over-year; operating profit under U.S. GAAP was 5.073 billion yuan, up 42.1%; GAAP operating profit margin was 10.29%, compared to 10.36% in the same period last year; net profit attributable to shareholders reached 3.6 billion yuan, a 21.8% increase.

In Q4 2025, Luckin Coffee’s total net revenue was 12.778 billion yuan, a 32.9% increase year-over-year; GAAP operating profit was 821 million yuan, down 18.5%; GAAP operating profit margin decreased to 6.41% from 10.5% in the same period last year; net profit was 518 million yuan, down 39%.

As of the end of 2025, Luckin Coffee added a total of 8,708 stores throughout the year, reaching a total of 31,048 stores, a 39% increase. Among them, China (including Hong Kong) has 30,888 stores; overseas stores total 160, including 81 self-operated stores in Singapore, 9 in the U.S., and 70 franchise stores in Malaysia.

“2025’s performance demonstrates our strong execution in focusing on scale growth. In a constantly changing market environment, our business has achieved robust growth,” said Guo Jinyi, co-founder and CEO of Luckin Coffee. “In the current market environment, our competitive advantage increasingly depends on end-to-end, full-chain systematic operational capabilities. Looking ahead to 2026, we will continue to focus on providing high-quality, cost-effective products that resonate emotionally with customers, while expanding our business scale to create long-term value for shareholders.”

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