Chain · United States · data through September 2026

Happy Lemon

Iceflower tracks 84 Happy Lemon stores across 13 US states. It ranks #5 of 2,168 tracked US boba & drink shops by card spend. Its share of tracked category spend moved -8.9% over the last year.

Rankings come from real card and bank transactions across a panel of 130M+ US and EU consumers. We publish relative growth and rankings, never revenue figures. About the data

Tracked stores
84
States
13
Category
Boba & Drink Shops
Category rank
#5

Growth

Happy Lemon against its category

The biggest tracked US boba & drink shops by card spend, with year-over-year growth of category share. Share means a chain's slice of tracked category spend. It can decline while the chain's own sales grow. The chart tracks Happy Lemon's share of the category quarter by quarter, indexed to 2024 Q4 = 100.

# Chain YoY share
1 Swig -
2 FiiZ Drinks -5.7%
3 Kung Fu Tea -15.6%
4 HTeaO +8.5%
5 Happy Lemon -8.9%
6 The Alley +7.9%
7 Tai Chi Bubble Tea -4.4%
8 Sharetea -11.8%
9 It's Boba Time -0.1%
10 Kokee Tea -5.8%

Share of tracked category spend, indexed

100 81.4 2024 Q4 2026 Q3

Store footprint

Store map

84 tracked Happy Lemon locations across 13 US states. California, Washington, and Texas hold 80% of them.

Customer overlap

Who shops at Happy Lemon

Tracked chains Happy Lemon customers also buy from more than a similarly active shopper would, indexed to the strongest overlap (100). From real card transactions.

Mandarin Beijing 81
Sand 79
MWR Ticket and Travel 62
T&T Supermarket 59
QFC 57
Jochi Resto Grill 55

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