MiniMax revenue surges 283% but remains behind pace to meet forecast amid crowded AI race
Chinese artificial intelligence firm MiniMax reported a significant 283% surge in first-half revenue, reaching US$116.6 million. This growth was primarily fueled by a substantial 700% increase in its enterprise business, with revenue from its Open Platform and other AI-based enterprise services jumping to US$73.9 million.

Briefing Summary
AI-generatedChinese artificial intelligence firm MiniMax reported a significant 283% surge in first-half revenue, reaching US$116.6 million. This growth was primarily fueled by a substantial 700% increase in its enterprise business, with revenue from its Open Platform and other AI-based enterprise services jumping to US$73.9 million. Despite this impressive performance, the company's first-half revenue represents only about 32% of the US$363.77 million analysts forecast for the full year 2026. MiniMax's full-year revenue for 2025 was US$79 million. The company's current growth trajectory suggests it is behind the pace needed to meet its full-year financial projections amid a competitive AI market.
Article analysis
Model · rule-basedKey claims
4 extractedThe company's first-half revenue is approximately 32% of the full-year forecast.
MiniMax's enterprise business revenue jumped over 703% year-on-year to US$73.9 million.
MiniMax reported a 283% surge in first-half revenue to US$116.6 million.
MiniMax's top-line growth remains off pace to hit full-year analyst forecasts.