GreenTree Hospitality Group Ltd. (GHG) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 227.74M | 214.66M | 303.61M | 292.54M | 292.54M | 304.52M | 356.98M | 329.71M | 352.23M | 372.16M | 399.74M | 414.99M | 379.22M | 360.66M | 460.88M | 228.69M | 228.69M | 307.43M | 310.44M | 347.06M |
| Revenue Growth % | -22.15% | -29.51% | -14.95% | -11.27% | -16.94% | -18.18% | -10.7% | -20.55% | -7.12% | 3.19% | -13.27% | 81.47% | 65.82% | 17.31% | 48.46% | -34.11% | -5.19% | 6.1% | 16.33% | 60.68% |
| Cost of Goods Sold | 0 | 158.55M | 177.11M | 185.17M | 185.17M | 210.97M | 205.17M | 198.32M | 208.12M | 211.59M | 265.17M | 244.91M | 243.16M | 258.39M | 247.78M | 153.88M | 153.88M | 191.91M | 172.8M | 164.44M |
| COGS % of Revenue | - | 73.86% | 58.33% | 63.3% | 63.3% | 69.28% | 57.47% | 60.15% | 59.09% | 56.85% | 66.34% | 59.02% | 64.12% | 71.64% | 53.76% | 67.29% | 67.29% | 62.42% | 55.66% | 47.38% |
| Gross Profit | 227.74M | 56.11M | 126.5M | 107.37M | 107.37M | 93.55M | 151.81M | 131.39M | 144.11M | 160.57M | 134.57M | 170.08M | 136.07M | 102.27M | 213.1M | 74.81M | 74.81M | 115.52M | 137.65M | 182.62M |
| Gross Margin % | 100% | 26.14% | 41.67% | 36.7% | 36.7% | 30.72% | 42.53% | 39.85% | 40.91% | 43.15% | 33.66% | 40.98% | 35.88% | 28.36% | 46.24% | 32.71% | 32.71% | 37.58% | 44.34% | 52.62% |
| Gross Profit Growth % | 112.1% | -40.02% | -16.68% | -18.28% | -25.49% | -41.74% | 12.81% | -22.75% | 5.91% | 57.01% | -36.85% | 127.34% | 81.87% | -11.47% | 54.82% | -59.03% | -37.12% | -39.18% | -13.34% | 50.83% |
| Operating Expenses | 199.07M | 71.18M | 56.43M | 61.63M | 61.63M | 194.69M | 45.41M | 46.98M | 71.86M | 113.63M | 130.89M | 71.47M | 83.77M | 118.19M | 75.31M | 285.45M | 285.45M | 79.37M | 82.76M | 93.32M |
| OpEx % of Revenue | 87.41% | 33.16% | 18.59% | 21.07% | 21.07% | 63.93% | 12.72% | 14.25% | 20.4% | 30.53% | 32.74% | 17.22% | 22.09% | 32.77% | 16.34% | 124.82% | 124.82% | 25.82% | 26.66% | 26.89% |
| Selling, General & Admin | 43.54M | 90.1M | 57.11M | 64.65M | 64.65M | 78.68M | 58.05M | 83.31M | 71.88M | 121.42M | 141.88M | 76.64M | 85.44M | 105.03K | 76.14M | 304.6M | 304.6M | 83.12M | 85.23M | 92.75M |
| SG&A % of Revenue | 19.12% | 41.97% | 18.81% | 22.1% | 22.1% | 25.84% | 16.26% | 25.27% | 20.41% | 32.63% | 35.49% | 18.47% | 22.53% | 0.03% | 16.52% | 133.19% | 133.19% | 27.04% | 27.45% | 26.72% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 1000K | -1000K | -687.55K | -1000K | -1000K | 1000K | -1000K | -1000K | -17.65K | -1000K | 1000K | 1000K | -1000K | 1000K | 1000K | -934.33K | -934.33K | -1000K | -1000K | 571.55K |
| Operating Income | 28.67M | -15.06M | 70.07M | 45.74M | 45.74M | -101.14M | 106.4M | 84.41M | 72.25M | 46.94M | 3.68M | 98.61M | 52.3M | -15.92M | 137.79M | -228.85M | -228.85M | 59.36M | 74.18M | 89.3M |
| Operating Margin % | 12.59% | -7.02% | 23.08% | 15.63% | 15.63% | -33.21% | 29.81% | 25.6% | 20.51% | 12.61% | 0.92% | 23.76% | 13.79% | -4.41% | 29.9% | -100.07% | -100.07% | 19.31% | 23.89% | 25.73% |
| Operating Income Growth % | -37.31% | 85.11% | -34.15% | -45.82% | -36.7% | -315.45% | 2790.6% | -14.4% | 38.15% | 394.84% | -97.33% | 143.09% | 122.85% | -126.82% | 85.76% | -356.27% | -472.81% | -49.88% | -26.51% | 42.54% |
| EBITDA | 26.85M | -4.93M | 96.17M | 72.08M | 72.08M | -74.56M | 135.09M | 113.55M | 103.59M | 71.33M | 28.83M | 134.36M | 83.63M | 7.49M | 159.88M | -197.73M | -197.73M | 95.74M | 95.47M | 110.66M |
| EBITDA Margin % | 11.79% | -2.3% | 31.68% | 24.64% | 24.64% | -24.49% | 37.84% | 34.44% | 29.41% | 19.16% | 7.21% | 32.38% | 22.05% | 2.08% | 34.69% | -86.46% | -86.46% | 31.14% | 30.75% | 31.89% |
| EBITDA Growth % | -62.75% | 93.39% | -28.81% | -36.52% | -30.41% | -204.54% | 368.62% | -15.49% | 23.86% | 852.63% | -81.97% | 167.95% | 142.3% | -92.18% | 67.45% | -278.67% | -345.75% | -28.69% | -19.76% | 40.1% |
| D&A (Non-Cash Add-back) | 0 | 10.14M | 26.1M | 26.35M | 26.35M | 26.58M | 28.69M | 29.14M | 31.34M | 24.38M | 25.15M | 35.75M | 31.34M | 23.41M | 22.08M | 31.12M | 31.12M | 36.37M | 21.3M | 21.36M |
| EBIT | 26.85M | -19.02M | 78.27M | 45.74M | 45.74M | -63.71M | 89.25M | 92.8M | 85.18M | 67.3M | 153.6M | 98.61M | 53.24M | 110.73M | -24.49M | -228.85M | -228.85M | -46.44M | 57.45M | 119.6M |
| Net Interest Income | 6.97M | 7.3M | 8.12M | 7.37M | 7.37M | 10.81M | 7.37M | 8.37M | 7.21M | 9.41M | 9.92M | 5.88M | 2.1M | 4.17M | 9.35M | 4.28M | 4.28M | 12.19M | 13.31M | 10.06M |
| Interest Income | 8.83M | 9.39M | 9.85M | 7.37M | 7.37M | 12.63M | 7.49M | 11M | 8.95M | 10.33M | 13.66M | 9.75M | 7.63M | 4.17M | 13.66M | 4.28M | 4.28M | 14.89M | 15.8M | 14.15M |
| Interest Expense | 1.86M | 2.1M | 1.73M | 0 | 0 | 1.82M | 116.16K | 2.63M | 1.74M | 916.82K | 3.74M | 3.87M | 5.53M | 0 | 3.74M | 0 | 0 | 2.71M | 2.49M | 4.09M |
| Other Income/Expense | -4.94M | -77.93M | 9.21M | 68.74M | 68.74M | 34.9M | -16.86M | 4.58M | 11.49M | -45.5M | 11.98M | 48.91M | -5.03M | -28.94M | -33.4M | 22.49M | 22.49M | 2.5M | -18.67M | 26.3M |
| Pretax Income | 23.73M | -93M | 79.28M | 114.48M | 114.48M | -66.24M | 89.54M | 89M | 83.74M | 34.75M | -30.07M | 181.35M | 47.71M | -44.87M | 149.86M | -206.36M | -206.36M | 41.44M | 54.96M | 115.51M |
| Pretax Margin % | 10.42% | -43.32% | 26.11% | 39.13% | 39.13% | -21.75% | 25.08% | 26.99% | 23.78% | 9.34% | -7.52% | 43.7% | 12.58% | -12.44% | 32.52% | -90.24% | -90.24% | 13.48% | 17.7% | 33.28% |
| Income Tax | 9.7M | -3.25M | 18.95M | 15.09M | 15.09M | 11.21M | 24.33M | 26.73M | 26.45M | 26.12M | 32.53M | 57.97M | 14.71M | 29.94M | 32.39M | -25.9M | -25.9M | 12.27M | 22.51M | 35.33M |
| Effective Tax Rate % | 40.88% | 3.5% | 23.9% | 13.18% | 13.18% | -16.93% | 27.17% | 30.04% | 31.58% | 75.16% | -108.19% | 31.97% | 30.83% | -66.74% | 21.61% | 12.55% | 12.55% | 29.6% | 40.95% | 30.59% |
| Net Income | 15.5M | -89.48M | 60.81M | 100.73M | 100.73M | -76.09M | 65.5M | 61.69M | 58.9M | -30.71M | -60.42M | 103.26M | 36.33M | -16.02M | 117.62M | -163.82M | -163.82M | 25.93M | 34.44M | 81.32M |
| Net Margin % | 6.81% | -41.69% | 20.03% | 34.43% | 34.43% | -24.99% | 18.35% | 18.71% | 16.72% | -8.25% | -15.11% | 24.88% | 9.58% | -4.44% | 25.52% | -71.63% | -71.63% | 8.44% | 11.09% | 23.43% |
| Net Income Growth % | -84.61% | -17.61% | -7.16% | 63.29% | 71.03% | -147.77% | 208.42% | -40.25% | 62.13% | -91.65% | -151.36% | 163.03% | 122.17% | -161.78% | 241.57% | -301.45% | -334.32% | -69.69% | -58.66% | -22.07% |
| Net Income (Continuing) | 14.03M | -89.74M | 60.33M | 99.38M | 99.38M | -77.45M | 65.21M | 62.26M | 57.29M | -34.19M | 117.39M | 123.04M | 32.56M | 31.7M | -62.25M | -180.46M | -180.46M | -65.61M | 33M | 80.26M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 30.13M | 31.62M | 30.68M | 31.16M | 31.16M | 33.86M | 35.23M | 35.52M | 36.21M | 37.82M | 31.6M | 32.64M | 4.94M | 44.6M | 44.6M | 112.31M | 112.31M | 185.24M | 183.49M | 175.27M |
| EPS (Diluted) | 0.15 | -0.54 | 0.60 | 0.99 | 0.99 | -0.75 | 0.65 | 0.61 | 0.58 | -0.30 | -0.59 | 1.22 | 0.36 | -0.16 | 1.15 | -1.59 | -1.59 | 0.25 | 0.33 | 0.79 |
| EPS Growth % | -84.85% | 28% | -7.69% | 62.3% | 70.69% | -150% | 210.17% | -50% | 61.11% | -87.5% | -151.3% | 176.73% | 122.64% | -164% | 248.48% | -301.27% | -333.82% | -69.88% | -59.26% | -21.78% |
| EPS (Basic) | 0.15 | -0.54 | 0.60 | 0.99 | 0.99 | -0.75 | 0.65 | 0.61 | 0.58 | -0.30 | -0.59 | 1.22 | 0.36 | -0.16 | 1.15 | -1.59 | -1.59 | 0.25 | 0.33 | 0.79 |
| Diluted Shares Outstanding | 100.9M | 100.9M | 100.9M | 101.4M | 101.4M | 101.53M | 101.54M | 101.54M | 101.55M | 101.8M | 103.05M | 102.18M | 100.91M | 102.88M | 102.18M | 103.05M | 103.05M | 103.05M | 103.05M | 103.05M |
| Basic Shares Outstanding | 100.9M | 100.9M | 100.9M | 101.4M | 101.4M | 101.53M | 101.54M | 101.54M | 101.55M | 101.8M | 102.18M | 102.18M | 100.91M | 102.88M | 102.18M | 103.05M | 103.05M | 103.05M | 103.05M | 103.05M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | 1.23% | - | - | - | - | - | - | - | - | - | 1234.84% | - | - |