MINISO Group Holding annual gross margin
2019
2020
2021
2022
2023
2023
2024
2025
MINISO Group Holding Gross Margin Growth & History (MNSO)
MINISO Group Holding's gross margin was 44.99% for fiscal 2025.
View full MINISO Group Holding company overviewMINISO Group Holding annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 44.99% | +0.05 pp |
| 2024 | 2024-12-31 | 44.94% | +2.48 pp |
| 2023 · Dec 31 | 2023-12-31 | 42.46% | — |
| 2023 · Jun 30 | 2023-06-30 | 38.73% | +8.29 pp |
| 2022 | 2022-06-30 | 30.44% | +3.64 pp |
| 2021 | 2021-06-30 | 26.79% | −3.64 pp |
| 2020 | 2020-06-30 | 30.43% | +3.71 pp |
| 2019 | 2019-06-30 | 26.73% | — |
MINISO Group Holding quarterly gross margin
Q3.21
Q3.22
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 45.26% | +0.98 pp |
| Q1 2026 | 2026-03-31 | 43.32% | −0.91 pp |
| Q4 2025 | 2025-12-31 | 46.39% | — |
| Q3 2025 | 2025-09-30 | 44.68% | — |
| Q2 2025 | 2025-06-30 | 44.28% | — |
| Q1 2025 | 2025-03-31 | 44.23% | — |
| Q3 2022 | 2022-03-31 | 30.18% | +2.08 pp |
| Q3 2021 | 2021-03-31 | 28.10% | — |
MINISO Group Holding gross margin trends
Between the periods ended 2019-06-30 and 2025-12-31, MINISO Group Holding's gross margin increased from 26.73% to 44.99%, a change of +18.27 percentage points. The latest reported quarter, Q2 2026, shows 45.26%.
About the metric
What gross margin means
Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.
Calculation and source
How gross margin is calculated
TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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