Mogu (MOGU) Gross Margin (2017 - 2025)

Mogu (MOGU) posted Gross Margin of 99.95% for Q1 2025, little changed sequentially from 99.91% in Q1 2024, and up 5.0% YoY from 95.19% in Q1 2024.

Mogu (MOGU) Gross Margin (2017 - 2025) Analysis & Trends

Mogu has reported Gross Margin for 9 years, with the latest figure at 99.95% in Q1 2025.

  • Quarterly Gross Margin rose 5.0% year-over-year to 99.95% in Q1 2025, while the trailing twelve-month figure through Mar 2025 was 99.68% (up 13.0% YoY) and the FY2026 annual result came in at 27.77%, down 1222.0% from the prior year.
  • Gross Margin held at 99.95% in Q1 2025 per MOGU's latest filing, from 99.91% in the prior quarter.
  • Over five years, Gross Margin peaked at 99.95% in Q1 2025 and troughed at 99.2% in Q3 2021.
  • A 5-year average of 99.54% and a median of 99.46% in 2023 frame the typical range for Gross Margin.
  • The widest YoY moves for Gross Margin: up 212 bps in 2021, down 36 bps in 2021.
  • Over 5 years, Gross Margin stood at 99.2% in 2021, then gained by 0 bps to 99.62% in 2022, then declined by 0 bps to 99.46% in 2023, then rose by 0 bps to 99.91% in 2024, then gained by 0 bps to 99.95% in 2025.
  • According to Business Quant data, Gross Margin over the past three periods registered 99.95%, 99.91%, and 99.46% for Q1 2025, Q1 2024, and Q1 2023 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Amazon Com 2,931.81 Bn 2,808.82 Bn 198.88 Bn 52.05%
2 PDD Holdings 507.01 Bn 447.47 Bn 9.83 Bn 55.49%
3 Mercadolibre 98.28 Bn 83.09 Bn 4.16 Bn 40.90%
4 DoorDash 92.43 Bn 87.08 Bn 2.35 Bn 52.69%
5 JD.com 87.46 Bn 58.28 Bn 7.66 Bn 16.73%
6 Sea 77.90 Bn 69.38 Bn 3.15 Bn 44.32%
7 Ebay 47.21 Bn 43.91 Bn 2.30 Bn 73.45%
8 Coupang 29.73 Bn 23.62 Bn 2.49 Bn 28.16%
9 Zkh 16.37 Bn 16.37 Bn 51.11 Mn 16.68%
10 Mogu 4.59 Bn 4.54 Bn - -

Historic Data

Download Data
DateValue
Mar 31, 2025 99.95%
Mar 31, 2024 99.91%
Mar 31, 2023 99.46%
Mar 31, 2022 99.62%
Sep 30, 2021 99.20%
Jun 30, 2021 99.25%
Mar 31, 2021 99.39%
Dec 31, 2020 98.02%
Sep 30, 2020 97.46%
Jun 30, 2020 99.61%
Mar 31, 2020 97.27%
Dec 31, 2019 98.05%
Sep 30, 2019 99.26%
Jun 30, 2019 98.81%
Mar 31, 2019 -38.54%
Dec 31, 2018 99.03%
Jun 30, 2018 98.55%
Mar 31, 2018 -67.45%
Dec 31, 2017 99.61%