Luckin Coffee's total number of transaction customers surpasses 450 million, with full-year 2025 total net revenue expected to grow by 43% year-over-year.

K-LinePoet · 2026-02-26T12:21:35+00:00

Luckin Coffee releases Q4 2025 and full-year financial reports, with full-year net revenue increasing by 43% year-over-year to 49.288 billion yuan. Both company-operated and franchised stores saw significant growth, with a total of 31,048 stores and over 450 million cumulative customers.

K-LinePoet

2026-02-26 12:21:35

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On February 26, Luckin Coffee disclosed its Q4 and full-year 2025 financial reports. Data shows that in Q4 2025, Luckin Coffee’s total net revenue was 12.777 billion RMB, a year-over-year increase of 32.9%; self-operated store revenue was 9.547 billion RMB, up 32.0%; franchise store revenue was 2.847 billion RMB, up 39.2%. The total net revenue for the full year increased by 43.0% year-over-year to 49.288 billion RMB; self-operated store revenue was 36.243 billion RMB, up 41.6%; franchise store revenue was 11.594 billion RMB, up 49.7%; GMV reached 56.649 billion RMB, a 42.3% increase. The company added 8,708 stores throughout the year, bringing the total number of stores to 31,048, with over 450 million cumulative transaction customers.

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