MINISO Group Holding (MNSO) Cost of Revenue (2019 - 2025)

MINISO Group Holding (MNSO) has 7 years of Cost of Revenue data on file, last reported at $479.5 million in Q4 2025.

• On a quarterly basis, Cost of Revenue rose 40.25% year-over-year to $479.5 million in Q4 2025; TTM through Dec 2025 was $1.7 billion, a 27.29% increase from a year earlier, with the FY2025 full-year figure at $1.7 billion, up 31.58% from the prior year.
• Cost of Revenue for Q4 2025 stood at $479.5 million, up from $450.4 million in the prior quarter.
• Over the last five years, Cost of Revenue for MNSO reached as high as $479.5 million in Q4 2025 and fell as low as $217.1 million in Q4 2022.
• Historically, Cost of Revenue has averaged $311.6 million across 5 years, with a median of $299.7 million in 2021.
• Across the five-year window, Cost of Revenue jumped 71.4% in 2021 and declined 27.56% in 2022, its largest moves.
• Year by year, Cost of Revenue stood at $299.7 million in 2021, then retreated by 27.56% to $217.1 million in 2022, then soared by 39.72% to $303.3 million in 2023, then rose by 12.71% to $341.9 million in 2024, then jumped by 40.25% to $479.5 million in 2025.
• Per Business Quant data, the three most recent Cost of Revenue figures were $479.5 million in Q4 2025, $450.4 million in Q3 2025, and $386.3 million in Q2 2025.