MiniMax has unveiled its most recent business figures: Presently, the number of enterprises and developer clients it serves globally has soared past the one million mark, marking a fivefold increase from six months prior, and it boasts a global user base of around 300 million. In the last two months, the company's annualized recurring revenue (ARR) growth rate has surged past 100%. Insights from the March performance briefing reveal that by February 2026, MiniMax's ARR had already exceeded $150 million. During this same timeframe, the daily average token consumption of the M2 series models skyrocketed sixfold within a mere two months, and new registrations on the open platform surged by over four times. These figures suggest that MiniMax's ARR doubling period has now been reduced to just 60 days.
