Mogu (MOGU) Net Margin (2017 - 2026)

Mogu (MOGU) posted Net Margin of 68.85% for Q1 2026, down 31.56% sequentially from 52.33% in Q1 2025, and down 1652.0% YoY from 4.44% in Q1 2025.

Mogu (MOGU) Net Margin (2017 - 2026) Analysis & Trends

Mogu has reported Net Margin for 10 years, with the latest figure at 68.85% in Q1 2026.

Quarterly Net Margin fell 1652.0% year-over-year to 68.85% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 24.28% (down 1075.0% YoY) and the FY2026 annual result came in at 57.53%, down 101.0% from the prior year.
Net Margin eased to 68.85% in Q1 2026 per MOGU's latest filing, from 52.33% in the prior quarter.
Over five years, Net Margin peaked at 7.54% in Q1 2022 and troughed at 68.85% in Q1 2026.
A 5-year average of 38.36% and a median of 34.13% in 2023 frame the typical range for Net Margin.
The sharpest annual moves came in 2022 and 2023: Net Margin jumped 11203 bps in 2022, then slumped 2658 bps in 2023.
Over 5 years, Net Margin stood at 7.54% in 2022, then slumped by 352 bps to 34.13% in 2023, then rose by 15 bps to 28.97% in 2024, then sank by 81 bps to 52.33% in 2025, then slumped by 32 bps to 68.85% in 2026.
According to Business Quant data, Net Margin over the past three periods registered 68.85%, 52.33%, and 28.97% for Q1 2026, Q1 2025, and Q1 2024 respectively.

#	Company	Market Cap	Enterprise Value	Gross Profit (Qtr)	Net Margin (Qtr)
1	Amazon Com	2,942.52 Bn	2,819.53 Bn	198.88 Bn	24.31%
2	PDD Holdings	506.40 Bn	446.86 Bn	9.83 Bn	19.81%
3	Mercadolibre	98.49 Bn	83.30 Bn	4.16 Bn	4.58%
4	DoorDash	92.97 Bn	87.62 Bn	2.35 Bn	4.47%
5	JD.com	87.31 Bn	58.13 Bn	7.66 Bn	1.62%
6	Sea	78.18 Bn	69.66 Bn	3.15 Bn	12.24%
7	Ebay	47.28 Bn	43.97 Bn	2.30 Bn	-0.06%
8	Coupang	29.61 Bn	23.50 Bn	2.49 Bn	-6.44%
9	Zkh	16.42 Bn	16.42 Bn	51.11 Mn	0.00%
10	Mogu	4.59 Bn	4.54 Bn	-	-85.64%

Download Data