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POP MART releases 2026 interim report, LABUBU contributes ~40% revenue

Latest：POP MART releases 2026 interim report with revenue and profit growth.

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On Sept 24, 2026, POP MART released its 2026 interim report on the HKEX disclosure platform, including financial statements and ESG data. The report shows revenue of RMB 17.173 billion, up 23.76% YoY, and net profit attributable to shareholders of RMB 5.038 billion, up 10.14% YoY. Earlier reports noted that the LABUBU series contributed nearly 40% of revenue. Despite strong performance, the stock price fluctuated sharply due to a cooling secondary market, high valuation, and concerns about sustainability. The company is expanding overseas stores and nurturing other IPs to reduce reliance on a single hit. AI-generated

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OpinionPOP MART's Strong Earnings but Volatile Stock Price: Market Anxiety Amid the Labubu Craze

POP MART reported strong 2025 revenue and profit growth, with the LABUBU series contributing nearly 40% of total revenue. Despite the solid performance, the stock price has fluctuated violently due to cooling secondary market prices, stretched valuations, and concerns about the sustainability of the trend. The company is expanding overseas stores and cultivating other IPs to reduce reliance on a single hit character.

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