Chobani revenue, funding & news | Sacra

Chobani

Food company producing Greek yogurt, oat milk, and creamers with natural ingredients.

Revenue

$3.60B (2025)

Funding

$1.90B (2025)

Details

Headquarters: New York, United States
CEO: Hamdi Ulukaya
Website: chobani.com

Milestones

Founding Year: 2005

Revenue Summary

Chobani generated $3.6B in trailing twelve months revenue as of September 2025, up 22% year-over-year from $3.0B in 2024. This growth followed a trajectory from $1.6B in 2021 to $2.5B in 2023.

Chobani's core revenue base is U.S. Greek yogurt. It has expanded into adjacent products such as oat milk and coffee creamers. They used M&A for growth, including the $900M acquisition of La Colombe in 2023.

Valuation & Funding

Chobani raised a $650M equity round in October 2025 at a $20B post-money valuation, with a revenue multiple of ~5.6x on TTM sales. The company has a long history of funding events, including a $750M financing round led by TPG Capital in 2014.

Product Overview

Chobani started with Greek yogurt, which is triple-strained for thickness and protein concentration. The yogurt line has expanded, introducing products like Zero Sugar and High Protein variants. The company also offers oat milk and coffee creamers with various flavors.

La Colombe provides RTD cold brew and Draft Latte, while Daily Harvest extends reach into frozen meals.

Business Model

Chobani operates as a vertically integrated B2C manufacturer, focusing on natural product offerings at a premium pricing strategy to drive volume through mainstream retail channels. Their production capabilities include the largest yogurt facility in the U.S. and future expansion plans for a new facility in Rome, New York.

Competition

Chobani faces competition primarily from Danone in multiple refrigerated categories and single-category brands like Fairlife and Siggi's. In RTD coffee, its main competitors include Starbucks and Monster.

Market Expansion

Chobani aims to expand into the GLP-1 dietary segment, responding to evolving consumer preferences. With significant investments in manufacturing and acquisitions, the company seeks to diversify its offerings and reach a broader audience.