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

MINISO Group Holding (MNSO) has 7 years of Operating Expenses data on file, last reported at -$290.7 million in Q4 2025.

• On a quarterly basis, Operating Expenses fell 66.04% year-over-year to -$290.7 million in Q4 2025; TTM through Dec 2025 was -$908.8 million, a 83.14% decrease from a year earlier, with the FY2025 full-year figure at -$928.2 million, down 52.21% from the prior year.
• Operating Expenses for Q4 2025 stood at -$290.7 million, down from -$247.8 million in the prior quarter.
• Over the last five years, Operating Expenses for MNSO reached as high as $37.3 million in Q4 2021 and fell as low as -$290.7 million in Q4 2025.
• Historically, Operating Expenses has averaged -$134.6 million across 5 years, with a median of -$122.9 million in 2024.
• Across the five-year window, Operating Expenses sank 312.28% in 2022 and jumped 37.99% in 2024, its largest moves.
• Year by year, Operating Expenses stood at $37.3 million in 2021, then slumped by 312.28% to -$79.2 million in 2022, then plunged by 76.38% to -$139.6 million in 2023, then fell by 25.37% to -$175.1 million in 2024, then sank by 66.04% to -$290.7 million in 2025.
• Per Business Quant data, the three most recent Operating Expenses figures were -$290.7 million in Q4 2025, -$247.8 million in Q3 2025, and -$196.5 million in Q2 2025.