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

MINISO Group Holding (MNSO) has reported Operating Margin for 8 consecutive years, with 2.04% the latest figure, recorded in Q2 2026.

• On a quarterly basis, Operating Margin fell 1480.0% year-over-year to 2.04% in Q2 2026; TTM through Jun 2026 was 14.37%, a 370.0% decrease from a year earlier, with the FY2025 full-year figure at 15.4%, down 411.0% from the prior year.
• Operating Margin was 2.04% for Q2 2026 at MINISO Group Holding, down from 26.75% in the prior quarter.
• Over five years, Operating Margin peaked at 26.75% in Q1 2026 and troughed at 2.04% in Q2 2026.
• A 5-year average of 17.57% and a median of 18.62% in 2024 frame the typical range for Operating Margin.
• The widest YoY moves for Operating Margin: up 1071 bps in 2026, down 1480 bps in 2026.
• Over 5 years, Operating Margin stood at 17.94% in 2022, then rose by 13 bps to 20.36% in 2023, then grew by 1 bps to 20.55% in 2024, then fell by 29 bps to 14.56% in 2025, then plunged by 86 bps to 2.04% in 2026.
• The last three Operating Margin figures came in at 2.04% (Q2 2026), 26.75% (Q1 2026), and 14.56% (Q4 2025), per Business Quant data.