Mogu (MOGU) Gross Margin (2018 - 2025)
Mogu's (MOGU) quarterly Gross Margin came in at 99.9% in Q1 2025, up 20.0% year-over-year from 83.25% in Q1 2024, and little changed quarter-over-quarter from 99.7% in Q1 2024.
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Analysis
Mogu (MOGU) Gross Margin (2018 - 2025) Analysis & Trends
Mogu has disclosed Gross Margin across 8 years of filings, most recently posting 99.9% for Q1 2025.
- In Q1 2025, Gross Margin rose 20.0% year-over-year to 99.9%; the TTM figure through Mar 2025 stood at 99.67% (down 5.0% YoY), while the FY2026 annual figure was 28.59%, down 1140.0% from the prior year.
- Gross Margin came in at 99.9% for Q1 2025 at Mogu, roughly flat from 99.7% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 99.9% in Q1 2025 to a low of 99.27% in Q2 2021.
- Average Gross Margin over 5 years is 99.62%, with a median of 99.7% recorded in 2024.
- Year-over-year, Gross Margin soared 248 bps in 2021 and decreased 25 bps in 2023.
- Over 5 years, Gross Margin stood at 99.81% in 2021, then fell by 0 bps to 99.72% in 2022, then declined by 0 bps to 99.47% in 2023, then increased by 0 bps to 99.7% in 2024, then grew by 0 bps to 99.9% in 2025.
- Per Business Quant data, the three most recent Gross Margin figures were 99.9% in Q1 2025, 99.7% in Q1 2024, and 99.47% in Q1 2023.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alibaba Group Holding | 263.05 Bn | 227.79 Bn | 15.11 Bn | 38.11% |
| 2 | Booking Holdings | 126.16 Bn | 108.94 Bn | 4.98 Bn | 67.75% |
| 3 | PDD Holdings | 112.31 Bn | 82.02 Bn | 9.45 Bn | 57.06% |
| 4 | Airbnb | 98.07 Bn | 86.00 Bn | 2.98 Bn | 82.46% |
| 5 | Mercadolibre | 90.61 Bn | 75.42 Bn | 4.16 Bn | 40.90% |
| 6 | Ebay | 49.77 Bn | 46.46 Bn | 2.30 Bn | 73.45% |
| 7 | Expedia | 31.98 Bn | 24.85 Bn | 3.91 Bn | 90.66% |
| 8 | Maplebear | 10.57 Bn | 9.72 Bn | 751.00 Mn | 72.00% |
| 9 | Full Truck Alliance | 7.59 Bn | 6.63 Bn | - | - |
| 10 | Mogu | 4.66 Bn | 4.62 Bn | 1.53 Mn | 18.62% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2025 | 99.90% |
| Mar 31, 2024 | 99.70% |
| Mar 31, 2023 | 99.47% |
| Mar 31, 2022 | 99.72% |
| Sep 30, 2021 | 99.81% |
| Jun 30, 2021 | 99.27% |
| Mar 31, 2021 | 99.49% |
| Dec 31, 2020 | 96.70% |
| Sep 30, 2020 | 97.33% |
| Jun 30, 2020 | 99.13% |
| Mar 31, 2020 | 97.27% |
| Dec 31, 2019 | 598.30% |
| Sep 30, 2019 | 99.55% |
| Jun 30, 2019 | 97.55% |
| Mar 31, 2019 | 98.42% |
| Dec 31, 2018 | 99.03% |
| Jun 30, 2018 | 96.97% |
API Access
Mogu Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=MOGU&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "MOGU", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=MOGU&period=max&api_key=YOUR_API_KEY");
const data = await res.json();