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.

• Gross Margin for Q1 2023 came in at 21.8%, down 63.0% year-over-year; the trailing twelve-month figure through Mar 2023 was 21.77% (up 71.0% YoY), and the FY2025 annual result was 21.47%, up 163.0% from the prior year.
• Gross Margin improved to 21.8% in Q1 2023 per BQ's latest filing, from 19.4% in the prior quarter.
• Over five years, Gross Margin peaked at 23.13% in Q4 2021 and troughed at 17.52% in Q2 2021.
• A 5-year average of 20.05% and a median of 19.67% in 2020 frame the typical range for Gross Margin.
• The sharpest annual moves came in 2020 and 2021: Gross Margin plunged 304 bps in 2020, then surged 519 bps in 2021.
• A 5-year view of Gross Margin shows it stood at 18.57% in 2019, then fell by 3 bps to 17.94% in 2020, then advanced by 29 bps to 23.13% in 2021, then decreased by 16 bps to 19.4% in 2022, then rose by 12 bps to 21.8% in 2023.
• Business Quant data shows BQ's Gross Margin at 21.8% in Q1 2023, 19.4% in Q3 2022, and 22.42% in Q2 2022.