MINISO Group Holding MNSO
NYSE MNSO
$9.03 -0.19 (-2.11%)
As of: Sep 10, 2026 · 2:36 PM EDT

MINISO Group Holding (MNSO) Operating Expenses (2019 - 2026)

MINISO Group Holding's (MNSO) quarterly Operating Expenses came in at -$274.3 million in Q2 2026, down 38.25% year-over-year from -$444.2 million in Q2 2025, and down 7.45% quarter-over-quarter from -$255.3 million in Q1 2026.

Analysis

MINISO Group Holding (MNSO) Operating Expenses (2019 - 2026) Analysis & Trends

MINISO Group Holding (MNSO) has reported Operating Expenses for 8 consecutive years, with -$274.3 million the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Operating Expenses fell 38.25% year-over-year to -$274.3 million in Q2 2026; TTM through Jun 2026 was -$1.1 billion, a 47.68% decrease from a year earlier, with the FY2025 full-year figure at -$928.2 million, down 52.21% from the prior year.
  • Operating Expenses was -$274.3 million for Q2 2026 at MINISO Group Holding, down from -$255.3 million in the prior quarter.
  • Over five years, Operating Expenses peaked at -$80.3 million in Q3 2022 and troughed at -$290.7 million in Q4 2025.
  • A 5-year average of -$176.5 million and a median of -$175.1 million in 2024 frame the typical range for Operating Expenses.
  • Across the five-year window, Operating Expenses plunged 318.9% in 2022 and surged 37.99% in 2024, its largest moves.
  • Over 5 years, Operating Expenses stood at -$81.6 million in 2022, then plunged by 192.76% to -$239.0 million in 2023, then increased by 26.75% to -$175.1 million in 2024, then sank by 66.04% to -$290.7 million in 2025, then rose by 5.64% to -$274.3 million in 2026.
  • The last three Operating Expenses figures came in at -$274.3 million (Q2 2026), -$255.3 million (Q1 2026), and -$290.7 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Target 71.11 Bn 65.70 Bn 8.94 Bn 5.73 Bn
2 Five Below 13.55 Bn 12.36 Bn 612.42 Mn 285.87 Mn
3 Ollie's Bargain Outlet Holdings 4.37 Bn 4.19 Bn 322.17 Mn 241.89 Mn
4 MINISO Group Holding 2.77 Bn 1.69 Bn 387.56 Mn -274.30 Mn
5 Savers Value Village 1.49 Bn 1.40 Bn 254.92 Mn 405.97 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -274.30 Mn
Mar 31, 2026 -255.28 Mn
Dec 31, 2025 -290.69 Mn
Sep 30, 2025 -247.81 Mn
Jun 30, 2025 -198.41 Mn
Mar 31, 2025 -174.09 Mn
Dec 31, 2024 -175.07 Mn
Sep 30, 2024 -175.65 Mn
Jun 30, 2024 -145.50 Mn
Mar 31, 2024 -124.10 Mn
Dec 31, 2023 -239.00 Mn
Sep 30, 2023 -283.29 Mn
Jun 30, 2023 -88.74 Mn
Mar 31, 2023 -86.53 Mn
Dec 31, 2022 -81.64 Mn
Sep 30, 2022 -80.26 Mn
Jun 30, 2022 -80.55 Mn
Dec 31, 2021 37.29 Mn
Sep 30, 2021 -85.68 Mn
Jun 30, 2021 -74.80 Mn