Boqii Holding (BQ) Gross Margin (2019 - 2023)

Boqii Holding (BQ) has 5 years of Gross Margin data on file, last reported at 21.8% in Q1 2023.

• On a quarterly basis, Gross Margin rose 30.0% year-over-year to 21.8% in Q1 2023; TTM through Mar 2023 was 21.5%, a 0.0% change from a year earlier, with the FY2026 full-year figure at 28.97%, up 750.0% from the prior year.
• Gross Margin for Q1 2023 stood at 21.8%, up from 19.4% in the prior quarter.
• Over the last five years, Gross Margin for BQ reached as high as 23.19% in Q3 2019 and fell as low as 17.52% in Q2 2021.
• Historically, Gross Margin has averaged 20.09% across 5 years, with a median of 19.67% in 2020.
• Across the five-year window, Gross Margin tumbled 459 bps in 2020 and soared 519 bps in 2021, its largest moves.
• Year by year, Gross Margin stood at 18.57% in 2019, then slipped by 3 bps to 17.94% in 2020, then increased by 29 bps to 23.13% in 2021, then declined by 16 bps to 19.4% in 2022, then climbed by 12 bps to 21.8% in 2023.
• Per Business Quant data, the three most recent Gross Margin figures were 21.8% in Q1 2023, 19.4% in Q3 2022, and 22.42% in Q2 2022.