Pop Mart International Group (POPMART) income statement

HKSE · Consumer Cyclical · Leisure · 12,056 employees · CEO Ning Wang

Price: HK$136.40 +1.11%
Market cap: HK$180B
Enterprise value: CN¥144B
Last report: Q2 '26 filed 2026-06-30
Next report: 2027-03-31

Pop Mart International Group (POPMART) reported revenue of CN¥16.9B for Q2 '26 (+22.0% year on year), operating income of CN¥6.97B (41.2% of revenue) and net income of CN¥4.97B. Over the last two half-years revenue was CN¥39.8B.

Income statement

Income statement	Q4 '20	Q2 '21	Q4 '21	Q2 '22	Q4 '22	Q2 '23	Q4 '23	Q2 '24	Q4 '24	Q2 '25	Q4 '25	Q2 '26
Revenue	CN¥1.7B	CN¥1.77B	CN¥2.72B	CN¥2.36B	CN¥2.26B	CN¥2.81B	CN¥3.49B	CN¥4.56B	CN¥8.48B	CN¥13.9B	CN¥22.9B	CN¥16.9B
Cost of revenue	CN¥635M	CN¥656M	CN¥1.08B	CN¥988M	CN¥974M	CN¥1.12B	CN¥1.32B	CN¥1.64B	CN¥2.69B	CN¥4.12B	CN¥6.14B	CN¥5.14B
Gross profit	CN¥1.06B	CN¥1.12B	CN¥1.64B	CN¥1.37B	CN¥1.28B	CN¥1.7B	CN¥2.17B	CN¥2.92B	CN¥5.79B	CN¥9.76B	CN¥16.7B	CN¥11.8B
Sales & marketing	CN¥386M	CN¥373M	CN¥689M	CN¥644M	CN¥785M	CN¥812M	CN¥1.08B	CN¥1.19B	CN¥2.14B	CN¥3.19B	CN¥4.89B	CN¥0
General & administrative	CN¥155M	CN¥240M	CN¥318M	CN¥323M	CN¥364M	CN¥331M	CN¥376M	CN¥434M	CN¥513M	CN¥770M	CN¥1B	CN¥0
Other operating expenses	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	-CN¥29.6M	CN¥5.07M	-CN¥49.1M	-CN¥246M	-CN¥87.4M	CN¥36.9M
Operating expenses	CN¥545M	CN¥627M	CN¥968M	CN¥921M	CN¥1.12B	CN¥1.14B	CN¥1.47B	CN¥1.79B	CN¥2.76B	CN¥3.72B	CN¥5.8B	CN¥4.83B
Operating income	CN¥511M	CN¥488M	CN¥651M	CN¥445M	CN¥90.4M	CN¥531M	CN¥693M	CN¥1.13B	CN¥3.03B	CN¥6.04B	CN¥10.9B	CN¥6.97B
Interest income	CN¥0	CN¥7.45M	CN¥1.43M	CN¥10.3M	CN¥20.3M	CN¥64.9M	CN¥87M	CN¥115M	CN¥83.5M	CN¥92M	CN¥64M	CN¥91.4M
Interest expense	CN¥5.07M	CN¥185M	CN¥291M	CN¥281M	CN¥222M	CN¥18.3M	CN¥17.5M	CN¥24.1M	CN¥29M	CN¥27.8M	CN¥53.2M	CN¥80.1M
Other non-operating income (gains on investments, FX ...)	CN¥0	CN¥0	CN¥12.3M	CN¥0	CN¥46.9M	CN¥0	-CN¥2.7M	-CN¥9.87M	-CN¥30.2M	CN¥162M	CN¥0	CN¥0
Total non-operating income	-CN¥514K	CN¥8.99M	CN¥11.5M	CN¥13.3M	CN¥44.3M	CN¥87.8M	CN¥104M	CN¥102M	CN¥110M	CN¥113M	-CN¥220M	-CN¥300M
Income before tax	CN¥511M	CN¥497M	CN¥675M	CN¥458M	CN¥182M	CN¥619M	CN¥797M	CN¥1.23B	CN¥3.14B	CN¥6.16B	CN¥10.7B	CN¥6.67B
Income tax	CN¥128M	CN¥138M	CN¥179M	CN¥125M	CN¥38.7M	CN¥141M	CN¥186M	CN¥264M	CN¥793M	CN¥1.48B	CN¥2.51B	CN¥1.64B
Net income	CN¥382M	CN¥359M	CN¥496M	CN¥333M	CN¥143M	CN¥477M	CN¥606M	CN¥921M	CN¥2.2B	CN¥4.57B	CN¥8.06B	CN¥4.97B
EPS (basic)	CN¥0.30	CN¥0.26	CN¥0.36	CN¥0.24	CN¥0.11	CN¥0.36	CN¥0.46	CN¥0.69	CN¥1.66	CN¥3.43	CN¥6.01	CN¥3.75
EPS (diluted)	CN¥0.30	CN¥0.26	CN¥0.36	CN¥0.24	CN¥0.11	CN¥0.36	CN¥0.46	CN¥0.69	CN¥1.66	CN¥3.43	CN¥6.01	CN¥3.75
Shares (basic, weighted)	1.25B	1.38B	1.38B	1.38B	1.36B	1.35B	1.33B	1.33B	1.33B	1.33B	1.34B	1.33B
Shares (diluted, weighted)	1.27B	1.38B	1.38B	1.38B	1.36B	1.35B	1.34B	1.33B	1.33B	1.33B	1.34B	1.33B
Depreciation & amortization	CN¥152M	CN¥174M	CN¥264M	CN¥273M	CN¥332M	CN¥337M	CN¥330M	CN¥415M	CN¥439M	CN¥513M	CN¥610M	CN¥822M
EBITDA	CN¥663M	CN¥661M	CN¥915M	CN¥718M	CN¥423M	CN¥868M	CN¥1.03B	CN¥1.55B	CN¥3.5B	CN¥6.39B	CN¥11.5B	CN¥7.8B

Income statement	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	CN¥158M	CN¥515M	CN¥1.68B	CN¥2.51B	CN¥4.49B	CN¥4.62B	CN¥6.3B	CN¥13B	CN¥36.2B
Cost of revenue	CN¥82.8M	CN¥216M	CN¥593M	CN¥919M	CN¥1.73B	CN¥1.96B	CN¥2.44B	CN¥4.33B	CN¥10.1B
Gross profit	CN¥75.3M	CN¥298M	CN¥1.09B	CN¥1.59B	CN¥2.76B	CN¥2.65B	CN¥3.86B	CN¥8.71B	CN¥26.1B
Sales & marketing	CN¥51M	CN¥126M	CN¥364M	CN¥630M	CN¥1.11B	CN¥1.47B	CN¥2B	CN¥3.65B	CN¥8.08B
General & administrative	CN¥7.78M	CN¥11.6M	CN¥49.9M	CN¥280M	CN¥558M	CN¥686M	CN¥707M	CN¥947M	CN¥1.77B
Other operating expenses	CN¥11.8M	CN¥26.5M	CN¥75.6M	-CN¥45.4M	-CN¥53.7M	-CN¥44.9M	-CN¥78.6M	-CN¥44.1M	-CN¥243M
Operating expenses	CN¥70.6M	CN¥164M	CN¥489M	CN¥865M	CN¥1.61B	CN¥2.11B	CN¥2.63B	CN¥4.55B	CN¥9.61B
Operating income	CN¥4.38M	CN¥134M	CN¥599M	CN¥719M	CN¥1.15B	CN¥583M	CN¥1.23B	CN¥4.15B	CN¥16.5B
Interest income	CN¥9K	CN¥142K	CN¥424K	CN¥1.95M	CN¥28.6M	CN¥67.7M	CN¥184M	CN¥212M	CN¥155M
Interest expense	CN¥1.76M	CN¥2.46M	CN¥5.81M	CN¥10.9M	CN¥21.2M	CN¥38.6M	CN¥32.3M	CN¥49M	CN¥80.3M
Other non-operating income (gains on investments, FX ...)	CN¥342K	-CN¥1.1M	-CN¥5.39M	CN¥434K	-CN¥42.6M	-CN¥94.7M	-CN¥217M	-CN¥40.1M	CN¥0
Total non-operating income	-CN¥2.11M	-CN¥1.35M	-CN¥419K	-CN¥11.4M	CN¥21.4M	CN¥56.1M	CN¥185M	CN¥212M	CN¥133M
Income before tax	CN¥2.27M	CN¥132M	CN¥598M	CN¥707M	CN¥1.17B	CN¥640M	CN¥1.42B	CN¥4.37B	CN¥16.6B
Income tax	CN¥704K	CN¥32.7M	CN¥147M	CN¥184M	CN¥317M	CN¥164M	CN¥327M	CN¥1.06B	CN¥3.92B
Net income	CN¥1.57M	CN¥99.5M	CN¥451M	CN¥524M	CN¥854M	CN¥476M	CN¥1.08B	CN¥3.13B	CN¥12.4B
EPS (basic)	CN¥0.00	CN¥0.07	CN¥0.33	CN¥0.44	CN¥0.62	CN¥0.35	CN¥0.81	CN¥2.36	CN¥9.36
EPS (diluted)	CN¥0.00	CN¥0.07	CN¥0.33	CN¥0.44	CN¥0.62	CN¥0.35	CN¥0.81	CN¥2.35	CN¥9.33
Shares (basic, weighted)	1.38B	1.38B	1.38B	1.19B	1.38B	1.36B	1.34B	1.33B	1.33B
Shares (diluted, weighted)	1.38B	1.38B	1.38B	1.21B	1.38B	1.36B	1.34B	1.33B	1.33B
Depreciation & amortization	CN¥23.5M	CN¥42.4M	CN¥109M	CN¥246M	CN¥435M	CN¥605M	CN¥669M	CN¥863M	CN¥1.11B
EBITDA	CN¥27.5M	CN¥177M	CN¥713M	CN¥964M	CN¥1.63B	CN¥1.28B	CN¥2.12B	CN¥5.06B	CN¥17.6B

Standardised from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in CNY.

Revenue, operating income and growth

quarterly

Margins

quarterly

Costs as % of revenue

quarterly

The other statements

Balance sheetCash, investments, assets, debt, liabilities and equityOpen Cash flowOperating cash flow, capex, free cash flow, buybacks and dividendsOpen

Sources

Statements, segment revenue, metrics and estimates are standardised from the company's filings.

Data as of 2026-11-02 · Amounts in CNY as reported; price and market cap in HKD.