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MiniMax company-wide ARR exceeds USD 800 million, with over 2 million enterprise and developer customers

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News brief

In 2026/8, MiniMax exceeded USD 800 million in company-wide ARR and 2 million enterprise and developer customers, 10 times the level at the end of 2025. Total revenue in the first half of 2026 was USD 116.6 million, up 283.1% year over year, with 60.8% from outside mainland China. The AI-native product line that includes Hailuo AI generated USD 42.64 million in revenue, up 100.9% year over year.

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  1. m.caixin.com ↗Published Aug 27, 2026
Original source text

Names may use phonetic renderings when no English name is supplied. The original wording is retained below.

MiniMax 于 2026 年 8 月公司整体 ARR 突破 8 亿美元,企业与开发者客户超 200 万(为 2025 年底的 10 倍);2026 年上半年总收入 1.166 亿美元、同比增 283.1%,中国内地以外收入占比 60.8%;海螺 AI 所在的 AI 原生产品线收入 4264 万美元、同比增 100.9%。