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Chagee vs Cannae: revenue, profit, margins and growth compared

Chagee brought in $1.8B of revenue in fiscal 2025, Cannae $423.6M in fiscal 2025. Chagee kept 9.1% of its revenue as net profit, Cannae -121.2%. Free cash flow was $175.5M at Chagee and -$28.5M at Cannae.

Side by side, latest fiscal year

CHACNNE
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$1.8B$423.6M
Revenue growthn/a-6.4%
Net income$167.5M-$513.2M
Net margin9.1%-121.2%
Free cash flow$175.5M-$28.5M
Free cash flow margin9.5%-6.7%
Earnings per share (diluted)$0.88-$9.08
Cash$1.1B$182M
Debtn/a$70.8M
Price to earningsn/an/a
Market value$2.2B$682.7M
Dividend yieldn/an/a
Rank by revenue in sector#368 of 778 · Consumer discretionary#582 of 778 · Consumer discretionary

Over the years

Revenue
CHA FY2025: $1.8BCNNE FY2018: $1.3BCNNE FY2019: $1.4BCNNE FY2020: $3BCNNE FY2021: $742.2MCNNE FY2022: $662.1MCNNE FY2023: $570MCNNE FY2024: $452.5MCNNE FY2025: $423.6MFY18FY19FY20FY21FY22FY23FY24FY25
CHA $1.8BCNNE $423.6M
Net income
CHA FY2025: $167.5MCNNE FY2018: $27.6MCNNE FY2019: $77.3MCNNE FY2020: $1.8BCNNE FY2021: -$287MCNNE FY2022: -$428.1MCNNE FY2023: -$313.4MCNNE FY2024: -$304.6MCNNE FY2025: -$513.2MFY18FY19FY20FY21FY22FY23FY24FY25
CHA $167.5MCNNE -$513.2M
Net margin
CHA FY2025: 9.1%CNNE FY2018: 2.1%CNNE FY2019: 5.4%CNNE FY2020: 60.2%CNNE FY2021: -38.7%CNNE FY2022: -64.7%CNNE FY2023: -55.0%CNNE FY2024: -67.3%CNNE FY2025: -121.2%FY18FY19FY20FY21FY22FY23FY24FY25
CHA 9.1%CNNE -121.2%
Revenue growth
CNNE FY2019: +9.3%CNNE FY2020: +105.4%CNNE FY2021: -75.0%CNNE FY2022: -10.8%CNNE FY2023: -13.9%CNNE FY2024: -20.6%CNNE FY2025: -6.4%FY19FY20FY21FY22FY23FY24FY25
CHACNNE -6.4%
Free cash flow
CHA FY2025: $175.5MCNNE FY2018: -$38.5MCNNE FY2019: -$112.5MCNNE FY2020: -$136.2MCNNE FY2021: -$189.8MCNNE FY2022: -$219.4MCNNE FY2023: -$97.8MCNNE FY2024: -$97.1MCNNE FY2025: -$28.5MFY18FY19FY20FY21FY22FY23FY24FY25
CHA $175.5MCNNE -$28.5M

Fiscal years as each company reports them; the two may end in different months.

Questions about Chagee and Cannae

Which is bigger by revenue, Chagee or Cannae?

Chagee is bigger by revenue: $1.8B in fiscal 2025, against $423.6M for Cannae in fiscal 2025.

Which keeps more of its revenue as profit, Chagee or Cannae?

Chagee had a net margin of 9.1% in fiscal 2025; Cannae had -121.2% in fiscal 2025.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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