MOGU Inc. (MOGU) Gross Margin (2017 - 2026)

Mogu (MOGU) posted Gross Margin of 99.58% for Q1 2026, little changed sequentially from 99.95% in Q1 2025, and down 37.0% YoY from 158.07% in Q1 2025.

MOGU Inc. (MOGU) Gross Margin (2017 - 2026) Analysis & Trends

Mogu (MOGU) has 10 years of Gross Margin data on file, last reported at 99.58% in Q1 2026.

  • Quarterly Gross Margin fell 37.0% year-over-year to 99.58% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 99.7% (up 2.0% YoY) and the FY2026 annual result came in at 99.59%, up 5960.0% from the prior year.
  • Gross Margin steadied at 99.58% in Q1 2026 per MOGU's latest filing, from 99.95% in the prior quarter.
  • The five-year high for Gross Margin was 99.95% in Q1 2025, with the low at 99.46% in Q1 2023.
  • Average Gross Margin over 5 years is 99.7%, with a median of 99.62% recorded in 2022.
  • Year-over-year, Gross Margin surged 45 bps in 2024 and plunged 37 bps in 2026.
  • Mogu's Gross Margin stood at 99.62% in 2022, then fell by 0 bps to 99.46% in 2023, then gained by 0 bps to 99.91% in 2024, then advanced by 0 bps to 99.95% in 2025, then dropped by 0 bps to 99.58% in 2026.
  • Business Quant data shows MOGU's Gross Margin at 99.58% in Q1 2026, 99.95% in Q1 2025, and 99.91% in Q1 2024.

Peer Comparison

Historic Data

Download Data
DateValue
Mar 31, 2026 99.58%
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 34.29%
Dec 31, 2019 98.05%
Sep 30, 2019 8.67%
Jun 30, 2019 98.81%
Mar 31, 2019 18.10%
Dec 31, 2018 44.25%
Sep 30, 2018 16.66%
Jun 30, 2018 98.55%
Mar 31, 2018 36.48%