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

MINISO Group Holding has disclosed Operating Expenses across 7 years of filings, most recently posting -$53.3 million for Q4 2025.

• In Q4 2025, Operating Expenses fell 38.24% year-over-year to -$53.3 million; the TTM figure through Dec 2025 stood at -$170.8 million (down 76.63% YoY), while the FY2025 annual figure was -$170.5 million, down 31.51% from the prior year.
• Operating Expenses retreated to -$53.3 million in Q4 2025, from -$48.0 million in the prior quarter.
• Over the last five years, Operating Expenses for MSOGF reached as high as -$21.2 million in Q4 2022 and fell as low as -$53.3 million in Q4 2025.
• The 5-year median for Operating Expenses is -$31.2 million (2021), against an average of -$32.4 million.
• Annual changes were most pronounced in 2021 — Operating Expenses slumped 219.94% — and 2022, when it surged 38.96%.
• 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 tumbled by 134.23% to -$49.7 million in 2023, then rose by 22.41% to -$38.5 million in 2024, then slumped by 38.24% to -$53.3 million in 2025.
• According to Business Quant data, Operating Expenses over the past three periods registered -$53.3 million, -$48.0 million, and -$36.2 million for Q4 2025, Q3 2025, and Q2 2025 respectively.