What changed in Luckin Coffee Inc.'s latest annual report
In the year ended 31 Dec 2025, Luckin Coffee Inc.'s revenue rose 48.9% to USD 7.03bn, from USD 4.72bn; cash and cash equivalents fell 45.2% to USD 327.44m, from USD 597.74m; shareholders' equity rose 41.1% to USD 2.23bn, from USD 1.58bn.
Year ended 31 Dec 2025. Source: 20-F filed 27 Mar 2026, read it on SEC EDGAR.
USD 4.72bn to USD 7.03bn
The figures, year on year
| Item | Year before | Latest year | Change |
|---|---|---|---|
| Revenue | 4.72bn | 7.03bn | Up 48.9% |
| Total assets | 3.17bn | 4.32bn | Up 36.6% |
| Total liabilities | 1.38bn | 1.88bn | Up 36.5% |
| Cash and cash equivalents | 597.74m | 327.44m | Down 45.2% |
| Shareholders' equity | 1.58bn | 2.23bn | Up 41.1% |
Questions people ask
Did Luckin Coffee Inc.'s revenue grow last year?
Revenue grew 48.9%, from USD 4.72bn to USD 7.03bn in the year ended 31 Dec 2025.
How much cash and debt does Luckin Coffee Inc. have?
At its latest year end (31 Dec 2025), Luckin Coffee Inc. reported cash and cash equivalents of USD 327.44m.
Where do these numbers come from?
From Luckin Coffee Inc.'s own annual filings with the SEC. Each change is calculated from the reported figures; nothing is estimated.
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