Maison Solutions Inc.MSSEarnings & Financial Report
Maison Solutions Inc. is a specialty home goods retail company that provides a diverse portfolio of stylish, affordably priced furniture, home decor items, and daily household products. Its primary market is the Guangdong-Hong Kong-Macao Greater Bay Area in China, serving mass consumers through both offline physical stores and online e-commerce channels.
Revenue
$34.4M
Gross Profit
$3.3M
Operating Profit
$-5.4M
Net Profit
$-287.4K
Gross Margin
9.5%
Operating Margin
-15.9%
Net Margin
-0.8%
YoY Growth
103.0%
EPS
$-0.02
Financial Flow
Maison Solutions Inc. Q4 2025 Financial Summary
Maison Solutions Inc. reported revenue of $34.4M (up 103.0% YoY) for Q4 2025, with a net profit of $-287.4K (up 89.7% YoY) (-0.8% margin). Cost of goods sold was $31.1M, operating expenses totaled $8.7M.
Key Financial Metrics
| Total Revenue | $34.4M |
|---|---|
| Net Profit | $-287.4K |
| Gross Margin | 9.5% |
| Operating Margin | -15.9% |
| Report Period | Q4 2025 |
Revenue Breakdown
Maison Solutions Inc. Q4 2025 revenue of $34.4M breaks down across 4 segments, led by Perishables at $15.2M (44.1% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Perishables | $15.2M | 44.1% |
| Nonperishables | $14.2M | 41.5% |
| Other | $3.1M | 9.0% |
| Supermarket | $1.9M | 5.4% |
Maison Solutions Inc. Revenue by Segment — Quarterly Trend
Maison Solutions Inc. revenue by segment across the last 4 reported quarters, showing how each business line (such as Perishables and Nonperishables) has evolved quarter over quarter.
| Segment | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 |
|---|---|---|---|---|
| Perishables | $14.4M | $14.1M | $15.2M | — |
| Nonperishables | $13.2M | $13.0M | $14.2M | $16.7M |
| Other | — | — | $3.1M | $13.4M |
| Supermarket | — | — | $1.9M | $2.2M |
Maison Solutions Inc. Annual Revenue by Year
Maison Solutions Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $124.2M).
| Year | Annual Revenue |
|---|---|
| 2025 | $124.2M |
| 2024 | $58.0M |
Maison Solutions Inc. Quarterly Revenue & Net Profit History
Maison Solutions Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q2 2026 | $27.6M | -10.9% | $-5.0M | -18.0% |
| Q1 2026 | $27.2M | -8.4% | $-1.5M | -5.7% |
| Q4 2025 | $34.4M | +103.0% | $-287.4K | -0.8% |
| Q3 2025 | $32.3M | +137.7% | $1.0M | 3.1% |
| Q2 2025 | $29.4M | +113.2% | $-256.0K | -0.9% |
| Q1 2025 | $28.2M | +104.9% | $700.9K | 2.5% |
| Q4 2024 | $16.9M | — | $-2.8M | -16.4% |
| Q3 2024 | $13.6M | -1.1% | $-549.0K | -4.0% |
Income Statement
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $13.6M | $16.9M | $28.2M | $29.4M | $32.3M | $34.4M | $27.2M | $27.6M |
| YoY Growth | -1.1% | N/A | 104.9% | 113.2% | 137.7% | 103.0% | -8.4% | -10.9% |
Balance Sheet
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $44.2M | $82.4M | $82.1M | $82.7M | $82.7M | $77.4M | $73.3M | $75.4M |
| Liabilities | $30.6M | $71.7M | $70.7M | $71.7M | $70.7M | $65.7M | $63.4M | $64.0M |
| Equity | $13.3M | $10.5M | $11.2M | $10.9M | $12.0M | $11.7M | $10.1M | $11.6M |
Cash Flow
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $-1.4M | $-2.6M | $3.6M | $1.1M | $1.7M | $-1.6M | $1.1M | $-1.7M |