MINISO Group Holding annual operating margin
2019
2020
2021
2022
2023
2023
2024
2025
MINISO Group Holding Operating Margin Growth & History (MNSO)
MINISO Group Holding's operating margin was 14.71% for fiscal 2025.
View full MINISO Group Holding company overviewMINISO Group Holding annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 14.71% | −4.80 pp |
| 2024 | 2024-12-31 | 19.51% | −0.85 pp |
| 2023 · Dec 31 | 2023-12-31 | 20.36% | — |
| 2023 · Jun 30 | 2023-06-30 | 19.38% | +10.63 pp |
| 2022 | 2022-06-30 | 8.75% | +4.32 pp |
| 2021 | 2021-06-30 | 4.42% | −4.12 pp |
| 2020 | 2020-06-30 | 8.54% | −2.28 pp |
| 2019 | 2019-06-30 | 10.82% | — |
MINISO Group Holding quarterly operating margin
Q3.21
Q3.22
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 12.91% | −2.70 pp |
| Q1 2026 | 2026-03-31 | 12.30% | −3.26 pp |
| Q4 2025 | 2025-12-31 | 14.05% | — |
| Q3 2025 | 2025-09-30 | 14.01% | — |
| Q2 2025 | 2025-06-30 | 15.61% | — |
| Q1 2025 | 2025-03-31 | 15.56% | — |
| Q3 2022 | 2022-03-31 | 6.02% | −1.20 pp |
| Q3 2021 | 2021-03-31 | 7.22% | — |
MINISO Group Holding operating margin trends
Between the periods ended 2019-06-30 and 2025-12-31, MINISO Group Holding's operating margin increased from 10.82% to 14.71%, a change of +3.89 percentage points. The latest reported quarter, Q2 2026, shows 12.91%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income 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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