MiniMax Reports 703% Revenue Growth in Enterprise AI and Open Platform
Chinese AI firm MiniMax announced its financial results for the first half of 2026, reporting a 703% year-on-year increase in revenue from its open platform and enterprise AI services.
Chinese artificial intelligence company MiniMax has reported its financial results for the first half of 2026. Revenue generated from its open platform and enterprise AI services saw a significant increase of 703.1% compared to the same period last year, reaching US$73.9 million.
The open platform and enterprise AI segment accounted for 63.4% of MiniMax's total revenue in the first half of 2026. This marks a substantial shift from the previous year when this segment represented only 30.3% of the total revenue.
Revenue from AI-native products also experienced growth, increasing by 100.9% to US$42.6 million. Gross profit for the company rose by 464.8%, reaching US$20.8 million during the reporting period.
The substantial growth in its enterprise-focused AI offerings indicates a strategic shift for MiniMax, with these services now forming the larger portion of the company's overall revenue compared to its AI-native products.