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MiniMax Revenue Surges 283%, Loss Narrows H1 2026
x/minimax
— 6d
MiniMax reported first-half 2026 revenue of $116.6 million, up 283.1% year-on-year, driven by a 703% surge in its Open Platform and enterprise services to $73.9 million and a global-first strategy that now accounts for about 60% of revenue from international markets, serving over 300 million users and more than 1 million enterprises. The company narrowed net losses to $358 million, with gross profit rising to $20.8 million and adjusted losses widening in one metric as it aims to make frontier AI capabilities affordable at scale.
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