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

Boqii Holding has disclosed Operating Margin across 5 years of filings, most recently posting 14.76% for Q1 2023.

• In Q1 2023, Operating Margin fell 521.0% year-over-year to 14.76%; the TTM figure through Mar 2023 stood at 9.49% (up 165.0% YoY), while the FY2025 annual figure was 12.65%, down 417.0% from the prior year.
• Operating Margin slipped to 14.76% in Q1 2023, from 7.21% in the prior quarter.
• Over the last five years, Operating Margin for BQ reached as high as 3.11% in Q2 2022 and fell as low as 29.91% in Q4 2020.
• The 5-year median for Operating Margin is 14.84% (2020), against an average of 14.48%.
• Annual changes were most pronounced in 2020 — Operating Margin slumped 1309 bps — and 2021, when it soared 2051 bps.
• A 5-year view of Operating Margin shows it stood at 16.82% in 2019, then sank by 78 bps to 29.91% in 2020, then surged by 69 bps to 9.4% in 2021, then grew by 23 bps to 7.21% in 2022, then slumped by 105 bps to 14.76% in 2023.
• According to Business Quant data, Operating Margin over the past three periods registered 14.76%, 7.21%, and 3.11% for Q1 2023, Q3 2022, and Q2 2022 respectively.