H World Group Limited (HTHT) 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 | 5.96B | 6.43B | 6.96B | 6.43B | 5.39B | 6.02B | 6.44B | 6.15B | 5.28B | 5.58B | 6.29B | 5.53B | 4.48B | 3.71B | 4.09B | 3.38B | 2.68B | 3.35B | 3.52B | 3.59B |
| Revenue Growth % | 10.47% | 6.84% | 8.06% | 4.52% | 2.22% | 7.86% | 2.45% | 11.18% | 17.81% | 50.67% | 53.63% | 63.51% | 67.1% | 10.69% | 16.18% | -5.72% | 15.21% | 9.02% | 11.56% | 83.67% |
| Cost of Goods Sold | 3.65B | 3.87B | 4.06B | 3.75B | 3.6B | 3.88B | 3.8B | 3.73B | 3.56B | 4B | 3.61B | 3.48B | 3.25B | 3.43B | 3.04B | 2.97B | 2.81B | 3.19B | 2.88B | 2.74B |
| COGS % of Revenue | 61.24% | 60.09% | 58.35% | 58.39% | 66.8% | 64.5% | 58.97% | 60.69% | 67.54% | 71.56% | 57.46% | 62.97% | 72.54% | 92.55% | 74.4% | 87.88% | 104.92% | 95.4% | 81.89% | 76.36% |
| Gross Profit | 2.31B | 2.57B | 2.9B | 2.67B | 1.79B | 2.14B | 2.64B | 2.42B | 1.71B | 1.59B | 2.67B | 2.05B | 1.23B | 276M | 1.05B | 410M | -132M | 154M | 638M | 848M |
| Gross Margin % | 38.76% | 39.91% | 41.65% | 41.61% | 33.2% | 35.5% | 41.03% | 39.31% | 32.46% | 28.44% | 42.54% | 37.03% | 27.46% | 7.45% | 25.6% | 12.12% | -4.92% | 4.6% | 18.11% | 23.64% |
| Gross Profit Growth % | 28.98% | 20.11% | 9.69% | 10.63% | 4.55% | 34.63% | -1.2% | 18.02% | 39.27% | 475.36% | 155.25% | 399.51% | 1031.82% | 79.22% | 64.26% | -51.65% | 2.94% | -52.32% | -7.27% | 565.93% |
| Operating Expenses | 823.99M | 911.25M | 851M | 887M | 709M | 1.24B | 920M | 845M | 710M | 828M | 766M | 663M | 566M | 369M | 548M | 402M | 576M | 115M | 566M | 219M |
| OpEx % of Revenue | 13.83% | 14.16% | 12.23% | 13.8% | 13.14% | 20.52% | 14.28% | 13.74% | 13.45% | 14.83% | 12.18% | 11.99% | 12.63% | 9.96% | 13.39% | 11.89% | 21.48% | 3.43% | 16.07% | 6.11% |
| Selling, General & Admin | 846M | 924M | 884M | 969M | 755M | 1.02B | 975M | 919M | 769M | 1B | 828M | 739M | 620M | 609M | 586M | 510M | 584M | 621M | 577M | 553M |
| SG&A % of Revenue | 14.2% | 14.36% | 12.7% | 15.08% | 13.99% | 16.95% | 15.14% | 14.95% | 14.57% | 17.94% | 13.17% | 13.36% | 13.84% | 16.43% | 14.32% | 15.08% | 21.78% | 18.55% | 16.38% | 15.42% |
| 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 | -1000K | -1000K | -1000K | 1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K |
| Operating Income | 1.49B | 1.66B | 2.05B | 1.79B | 1.08B | 902M | 1.72B | 1.57B | 1B | 756M | 1.91B | 1.39B | 664M | -93M | 500M | 8M | -708M | 39M | 72M | 629M |
| Operating Margin % | 24.93% | 25.75% | 29.42% | 27.81% | 20.06% | 14.98% | 26.75% | 25.57% | 19% | 13.54% | 30.36% | 25.05% | 14.82% | -2.51% | 12.22% | 0.24% | -26.41% | 1.16% | 2.04% | 17.54% |
| Operating Income Growth % | 37.33% | 83.68% | 18.86% | 13.68% | 7.88% | 19.31% | -9.74% | 13.5% | 51.05% | 912.9% | 281.8% | 17212.5% | 193.79% | -338.46% | 594.44% | -98.73% | -23.13% | 129.1% | 135.82% | 227.33% |
| EBITDA | 1.78B | 1.94B | 2.37B | 2.1B | 1.4B | 1.22B | 2.05B | 1.91B | 1.35B | 1.07B | 2.27B | 1.74B | 1.05B | 276M | 870M | 382M | -309M | 475M | 455M | 1.01B |
| EBITDA Margin % | 29.8% | 30.18% | 34% | 32.74% | 25.97% | 20.31% | 31.85% | 31.05% | 25.54% | 19.13% | 36.05% | 31.54% | 23.42% | 7.45% | 21.26% | 11.3% | -11.53% | 14.19% | 12.92% | 28.05% |
| EBITDA Growth % | 26.78% | 58.78% | 15.35% | 10.21% | 3.93% | 14.51% | -9.48% | 9.46% | 28.5% | 286.96% | 160.57% | 356.54% | 439.48% | -41.89% | 91.21% | -62.03% | -47.85% | 90% | 174.1% | 845.19% |
| D&A (Non-Cash Add-back) | 290.23M | 285.01M | 319M | 317M | 319M | 321M | 329M | 337M | 345M | 312M | 358M | 359M | 385M | 369M | 370M | 374M | 399M | 436M | 383M | 377M |
| EBIT | 1.49B | 1.66B | 2.21B | 2.22B | 1.35B | 767M | 1.74B | 1.58B | 1.04B | 1.11B | 1.84B | 1.45B | 1.34B | 190M | -163M | -586M | -638M | -314M | -51M | 612M |
| Net Interest Income | -10.93M | -23.67M | -26M | -39M | -25M | -21M | -27M | -28M | -32M | 9M | -23M | -37M | -86M | -90M | -70M | -71M | -91M | -69M | -76M | -85M |
| Interest Income | 64.61M | 61.14M | 60M | 52M | 49M | 53M | 50M | 56M | 51M | 85M | 62M | 57M | 44M | 27M | 23M | 19M | 18M | 23M | 25M | 17M |
| Interest Expense | 75.54M | 84.81M | 86M | 91M | 74M | 74M | 77M | 84M | 83M | 76M | 85M | 94M | 130M | 117M | 93M | 90M | 109M | 92M | 101M | 102M |
| Other Income/Expense | -193.82M | 74.95M | 72M | 337M | 193M | -263M | -49M | -67M | -57M | 268M | -136M | -41M | 530M | 166M | -776M | -670M | -72M | -445M | -221M | -120M |
| Pretax Income | 1.29B | 1.73B | 2.12B | 2.12B | 1.27B | 639M | 1.67B | 1.5B | 946M | 1.02B | 1.77B | 1.34B | 1.19B | 73.18M | -276M | -662M | -780M | -406M | -149M | 509M |
| Pretax Margin % | 21.68% | 26.91% | 30.46% | 33.05% | 23.63% | 10.61% | 25.99% | 24.48% | 17.92% | 18.34% | 28.2% | 24.3% | 26.65% | 1.97% | -6.74% | -19.57% | -29.09% | -12.13% | -4.23% | 14.19% |
| Income Tax | 478.09M | 563.12M | 648M | 565M | 377M | 578M | 382M | 423M | 279M | 281M | 421M | 308M | 194M | 195.46M | 434M | -299M | -131M | 58M | -13M | 132M |
| Effective Tax Rate % | 37% | 32.52% | 30.57% | 26.6% | 29.57% | 90.45% | 22.82% | 28.11% | 29.49% | 27.44% | 23.75% | 22.92% | 16.25% | 267.11% | -157.25% | 45.17% | 16.79% | -14.29% | 8.72% | 25.93% |
| Net Income | 812.06M | 1.16B | 1.47B | 1.54B | 894M | 49M | 1.27B | 1.07B | 659M | 743M | 1.34B | 1.01B | 990M | -119.39M | -717M | -350M | -630M | -459M | -137M | 378M |
| Net Margin % | 13.63% | 17.98% | 21.1% | 24.03% | 16.57% | 0.81% | 19.76% | 17.36% | 12.49% | 13.31% | 21.26% | 18.35% | 22.1% | -3.22% | -17.52% | -10.35% | -23.5% | -13.71% | -3.89% | 10.54% |
| Net Income Growth % | -9.17% | 2260.84% | 15.4% | 44.7% | 35.66% | -93.41% | -4.79% | 5.12% | -33.43% | 722.31% | 286.47% | 390% | 257.14% | 73.99% | -423.36% | -192.59% | -154.03% | -165.29% | 35.38% | 168.98% |
| Net Income (Continuing) | 814.05M | 1.17B | 1.47B | 1.56B | 899M | 61M | 1.29B | 1.08B | 667M | 743M | 1.35B | 1.04B | 1B | -122.28M | -710M | -363M | -649M | -464M | -136M | 377M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 153.43M | 154.1M | 143M | 140M | 127M | 94M | 84M | 135M | 122M | 114M | 116M | 101M | 81M | 74M | 83M | 76M | 90M | 109M | 106M | 105M |
| EPS (Diluted) | 2.50 | 3.60 | 4.60 | 4.80 | 2.80 | 0.16 | 4.00 | 3.30 | 2.10 | 2.30 | 4.10 | 3.10 | 3.00 | -0.40 | -2.30 | -1.10 | -2.00 | -1.50 | -0.44 | 1.20 |
| EPS Growth % | -10.71% | 2150% | 15% | 45.45% | 33.33% | -93.04% | -2.44% | 6.45% | -30% | 675% | 278.26% | 381.82% | 250% | 73.33% | -422.73% | -191.67% | -150% | -171.43% | 39.73% | 163.16% |
| EPS (Basic) | 2.60 | 3.80 | 4.80 | 5.00 | 2.90 | 0.16 | 4.10 | 3.40 | 2.10 | 2.30 | 4.20 | 3.20 | 3.10 | -0.40 | -2.40 | -1.10 | -2.00 | -1.50 | -0.44 | 1.20 |
| Diluted Shares Outstanding | 327.06M | 325.7M | 324.97M | 323.2M | 323.2M | 312.34M | 325.76M | 330.39M | 317.28M | 321.77M | 335.56M | 335.47M | 334.37M | 310.95M | 310.78M | 310.87M | 311.89M | 311.77M | 311.51M | 327.4M |
| Basic Shares Outstanding | 307.27M | 306.8M | 307.71M | 306.68M | 306.68M | 308.1M | 310.29M | 313.77M | 313.95M | 323.04M | 318.83M | 318.73M | 330M | 310.95M | 298.62M | 310.87M | 311.89M | 310.34M | 311.51M | 311.41M |
| Dividend Payout Ratio | - | 0.73% | 120.56% | 138.34% | - | 81.75% | 104.46% | - | 317.3% | - | - | - | - | - | - | - | - | - | - | - |