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

Boqii Holding's (BQ) quarterly Operating Margin came in at 14.76% in Q1 2023, down 500.0% year-on-year from 3.69% in Q1 2022, and down 104.85% on a QoQ basis from 7.21% in Q3 2022.

Boqii Holding (BQ) Operating Margin (2019 - 2023) Analysis & Trends

Boqii Holding (BQ) has 5 years of Operating Margin data on file, last reported at 14.76% in Q1 2023.

  • On a quarterly basis, Operating Margin fell 500.0% year-over-year to 14.76% in Q1 2023; TTM through Mar 2023 was 9.76%, a 1.0% increase from a year earlier, with the FY2026 full-year figure at 7.86%, up 479.0% from the prior year.
  • Operating Margin for Q1 2023 stood at 14.76%, down 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.
  • Historically, Operating Margin has averaged 14.52% across 5 years, with a median of 14.84% in 2020.
  • Across the five-year window, Operating Margin slumped 1309 bps in 2020 and jumped 2051 bps in 2021, its largest moves.
  • Year by year, Operating Margin stood at 16.82% in 2019, then plunged by 78 bps to 29.91% in 2020, then surged by 69 bps to 9.4% in 2021, then gained by 23 bps to 7.21% in 2022, then sank by 105 bps to 14.76% in 2023.
  • Per Business Quant data, the three most recent Operating Margin figures were 14.76% in Q1 2023, 7.21% in Q3 2022, and 3.11% in Q2 2022.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Caseys General Stores 32.13 Bn 31.61 Bn 1.08 Bn 7.66%
2 NaaS Technology 30.58 Bn 30.58 Bn - -
3 Williams Sonoma 28.34 Bn 27.33 Bn 1.10 Bn 20.27%
4 Ulta Beauty 23.18 Bn 22.69 Bn 1.48 Bn 12.23%
5 Best Buy 18.52 Bn 16.77 Bn 2.10 Bn 4.14%
6 Dick'S Sporting Goods 16.59 Bn 15.24 Bn 1.77 Bn 2.96%
7 MINISO Group Holding 16.05 Bn 14.98 Bn 414.86 Mn 14.56%
8 Tractor Supply 15.89 Bn 15.66 Bn 1.30 Bn 6.50%
9 Five Below 12.09 Bn 11.16 Bn 696.98 Mn 17.99%
10 Boqii Holding 2.99 Mn -4.19 Mn - -

Historic Data

Download Data
DateValue
Mar 31, 2023 -14.76%
Sep 30, 2022 -7.21%
Jun 30, 2022 -3.11%
Mar 31, 2022 -9.77%
Dec 31, 2021 -9.40%
Sep 30, 2021 -14.55%
Jun 30, 2021 -12.91%
Mar 31, 2021 -15.66%
Dec 31, 2020 -29.91%
Sep 30, 2020 -14.92%
Jun 30, 2020 -17.67%
Mar 31, 2020 -17.85%
Dec 31, 2019 -16.82%
Sep 30, 2019 -18.70%