Mogu (MOGU) Operating Margin (2017 - 2026)
Mogu's (MOGU) quarterly Operating Margin came in at 70.88% in Q1 2026, up 8617.0% year-over-year from 0.81% in Q1 2025, and up 54.87% quarter-over-quarter from 157.04% in Q1 2025.
Powered by 
Analysis
Mogu (MOGU) Operating Margin (2017 - 2026) Analysis & Trends
Mogu has disclosed Operating Margin across 10 years of filings, most recently posting 70.88% for Q1 2026.
- In Q1 2026, Operating Margin rose 8617.0% year-over-year to 70.88%; the TTM figure through Mar 2026 stood at 110.6% (up 215.0% YoY), while the FY2026 annual figure was 57.57%, up 1404.0% from the prior year.
- Operating Margin came in at 70.88% for Q1 2026 at Mogu, up from 157.04% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 70.88% in Q1 2026 to a low of 157.04% in Q1 2025.
- Average Operating Margin over 5 years is 111.86%, with a median of 110.85% recorded in 2024.
- Year-over-year, Operating Margin plunged 4620 bps in 2025 and soared 8617 bps in 2026.
- Over 5 years, Operating Margin stood at 105.25% in 2022, then slipped by 10 bps to 115.3% in 2023, then grew by 4 bps to 110.85% in 2024, then tumbled by 42 bps to 157.04% in 2025, then jumped by 55 bps to 70.88% in 2026.
- Per Business Quant data, the three most recent Operating Margin figures were 70.88% in Q1 2026, 157.04% in Q1 2025, and 110.85% in Q1 2024.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alibaba Group Holding | 263.05 Bn | 227.79 Bn | 15.11 Bn | 5.64% |
| 2 | Booking Holdings | 126.16 Bn | 108.94 Bn | 4.98 Bn | 34.00% |
| 3 | PDD Holdings | 112.31 Bn | 82.02 Bn | 9.45 Bn | 24.71% |
| 4 | Airbnb | 98.07 Bn | 86.00 Bn | 2.98 Bn | 21.01% |
| 5 | Mercadolibre | 90.61 Bn | 75.42 Bn | 4.16 Bn | 6.72% |
| 6 | Ebay | 49.77 Bn | 46.46 Bn | 2.30 Bn | 21.57% |
| 7 | Expedia | 31.98 Bn | 24.85 Bn | 3.91 Bn | 18.54% |
| 8 | Maplebear | 10.57 Bn | 9.72 Bn | 751.00 Mn | 13.71% |
| 9 | Full Truck Alliance | 7.59 Bn | 6.63 Bn | - | - |
| 10 | Mogu | 4.66 Bn | 4.62 Bn | 1.53 Mn | -70.88% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | -70.88% |
| Mar 31, 2025 | -157.04% |
| Mar 31, 2024 | -110.85% |
| Mar 31, 2023 | -115.30% |
| Mar 31, 2022 | -105.25% |
| Sep 30, 2021 | -104.27% |
| Jun 30, 2021 | -102.64% |
| Mar 31, 2021 | -101.51% |
| Dec 31, 2020 | -335.87% |
| Sep 30, 2020 | -107.21% |
| Jun 30, 2020 | -106.76% |
| Mar 31, 2020 | -125.30% |
| Dec 31, 2019 | -591.71% |
| Sep 30, 2019 | -68.46% |
| Jun 30, 2019 | -87.38% |
| Mar 31, 2019 | -77.24% |
| Dec 31, 2018 | -26.61% |
| Sep 30, 2018 | -106.19% |
| Jun 30, 2018 | -95.01% |
| Mar 31, 2018 | -77.82% |
API Access
Mogu Operating 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=operating-margin&ticker=MOGU&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-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=operating-margin&ticker=MOGU&period=max&api_key=YOUR_API_KEY");
const data = await res.json();