LKNCYOTCRetail-Eating & Drinking PlacesFiscal year ends December 31
Luckin Coffee Inc.
Financials through fiscal 2025, year ended Dec 31, 2025Last filing: 20-F on Mar 27, 2026
$33.78+1.00 (+3.05%)
Close on Oct 19, 2026
Luckin Coffee Inc. revenue by segment
By business segment
By product or service
| Revenue | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenues from product sales | CN¥37.69B | CN¥26.73B | CN¥18.68B | CN¥10.22B | CN¥6.66B | CN¥3.72B | CN¥3.01B | CN¥840.70M | 76.5% | +41.0% |
| Revenues from self-operated stores | CN¥36.24B | CN¥25.59B | CN¥17.88B | CN¥9.79B | CN¥6.53B | CN¥3.47B | – | – | 73.5% | +41.6% |
| Revenues from freshly brewed drinks | CN¥34.62B | CN¥24.50B | CN¥16.88B | CN¥9.08B | CN¥5.91B | CN¥3.22B | – | – | 70.2% | +41.3% |
| Revenues from partnership stores | CN¥11.59B | CN¥7.75B | CN¥6.23B | CN¥3.07B | CN¥1.31B | CN¥316.63M | CN¥15.34M | – | 23.5% | +49.7% |
| Partnership stores - material sales | CN¥6.96B | CN¥5.54B | CN¥4.16B | CN¥2.01B | CN¥834.70M | CN¥227.20M | CN¥12.59M | CN¥0 | 14.1% | +25.7% |
| Revenues from other products | CN¥2.32B | CN¥1.69B | CN¥1.24B | CN¥686.84M | CN¥395.57M | CN¥309.70M | – | – | 4.7% | +37.6% |
| Partnership stores - Other services | CN¥2.14B | CN¥769.80M | CN¥510.80M | CN¥352.10M | CN¥147.80M | CN¥33.30M | CN¥2.54M | CN¥0 | 4.3% | +177.4% |
| Partnership stores - profit sharing | CN¥1.64B | CN¥848.80M | CN¥680.20M | CN¥427.90M | CN¥144.80M | CN¥12.80M | CN¥216.00K | CN¥0 | 3.3% | +93.0% |
| Partnership stores - equipment sales | CN¥860.80M | CN¥588.20M | CN¥877.20M | CN¥278.10M | CN¥178.80M | CN¥43.30M | CN¥0 | CN¥0 | 1.7% | +46.3% |
| Others | CN¥758.59M | CN¥543.03M | CN¥557.64M | CN¥457.53M | CN¥353.99M | CN¥188.30M | – | – | 1.5% | +39.7% |
| Revenue from product sales on a net basis | – | – | CN¥100.00K | CN¥1.20M | CN¥2.00M | CN¥3.70M | CN¥0 | CN¥0 | – | – |
By region
From the segment and revenue-disaggregation notes of Luckin Coffee's 10-K and 10-Q filings (XBRL). Fourth-quarter figures are the fiscal year less the first nine months. Segment names follow the company's own labels and can change when it reorganizes.