MINIMAX posts $117 million in first-half revenue, up 283.1% year over year

MINIMAX-W (00100.HK) said in a Hong Kong Stock Exchange filing that revenue for the first half of 2026 reached $117 million, a 283.1% increase from a year earlier. The company also reported a period loss of $358 million, down 11% year over year, while gross profit rose sharply to $20.813 million, up 464.8%. The filing also detailed growth in the company’s AI-native product segment. Revenue from AI-native products climbed 100.9% in the first half, increasing from $21.2 million to $42.6 million. MINIMAX said the gain was driven by higher user engagement, stronger willingness to pay, and continued commercialization of Hailuo AI and other AI-native products. The update was cited by Odaily, which attributed the information to a Hong Kong exchange announcement, with Jin10 named as the source in the brief.