MINISO Group Holding (MNSO) Operating Expenses (2019 - 2025)

MINISO Group Holding (MNSO) has 7 years of Operating Expenses data on file, last reported at $292.3 million in Q4 2025.

• Operating Expenses for Q4 2025 came in at $292.3 million, up 870.49% year-over-year; the trailing twelve-month figure through Dec 2025 was $174.8 million (up 269.7% YoY), and the FY2025 annual result was $172.8 million, up 235.36% from the prior year.
• Operating Expenses rose to $292.3 million in Q4 2025 per MNSO's latest filing, from -$48.0 million in the prior quarter.
• Over five years, Operating Expenses peaked at $292.3 million in Q4 2025 and troughed at -$48.0 million in Q3 2025.
• A 5-year average of -$9.0 million and a median of -$27.6 million in 2022 frame the typical range for Operating Expenses.
• The sharpest annual moves came in 2021 and 2025: Operating Expenses slumped 593692.33% in 2021, then surged 870.49% in 2025.
• A 5-year view of Operating Expenses shows it stood at -$34.7 million in 2021, then jumped by 38.96% to -$21.2 million in 2022, then jumped by 334.23% to $49.7 million in 2023, then slumped by 176.35% to -$37.9 million in 2024, then surged by 870.49% to $292.3 million in 2025.
• Business Quant data shows MNSO's Operating Expenses at $292.3 million in Q4 2025, -$48.0 million in Q3 2025, and -$36.2 million in Q2 2025.