Mogu (MOGU) Research & Development (2017 - 2026)

Mogu (MOGU) posted Research & Development of -$1.7 million for Q1 2026, up 31.11% sequentially from -$2.4 million in Q1 2025, and up 31.11% YoY from -$1.3 million in Q1 2025.

Mogu (MOGU) Research & Development (2017 - 2026) Analysis & Trends

Mogu has reported Research & Development for 10 years, with the latest figure at -$1.7 million in Q1 2026.

  • Quarterly Research & Development rose 31.11% year-over-year to -$1.7 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$8.2 million (up 33.93% YoY) and the FY2026 annual result came in at $5.4 million, down 31.83% from the prior year.
  • Research & Development advanced to -$1.7 million in Q1 2026 per MOGU's latest filing, from -$2.4 million in the prior quarter.
  • Over five years, Research & Development peaked at -$1.7 million in Q1 2026 and troughed at -$5.9 million in Q1 2022.
  • A 5-year average of -$2.8 million and a median of -$2.4 million in 2023 frame the typical range for Research & Development.
  • The sharpest annual moves came in 2022 and 2023: Research & Development sank 97.52% in 2022, then soared 60.17% in 2023.
  • Over 5 years, Research & Development stood at -$5.9 million in 2022, then jumped by 60.17% to -$2.4 million in 2023, then rose by 24.33% to -$1.8 million in 2024, then slumped by 36.59% to -$2.4 million in 2025, then jumped by 31.11% to -$1.7 million in 2026.
  • According to Business Quant data, Research & Development over the past three periods registered -$1.7 million, -$2.4 million, and -$1.8 million for Q1 2026, Q1 2025, and Q1 2024 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Amazon Com 2,931.81 Bn 2,808.82 Bn 198.88 Bn 62.73 Bn
2 PDD Holdings 507.01 Bn 447.47 Bn 9.83 Bn -714.26 Mn
3 Mercadolibre 98.28 Bn 83.09 Bn 4.16 Bn 1.13 Bn
4 DoorDash 92.43 Bn 87.08 Bn 2.35 Bn 821.00 Mn
5 JD.com 87.46 Bn 58.28 Bn 7.66 Bn -995.00 Mn
6 Sea 77.90 Bn 69.38 Bn 3.15 Bn -1.41 Bn
7 Ebay 47.21 Bn 43.91 Bn 2.30 Bn 697.00 Mn
8 Coupang 29.73 Bn 23.62 Bn 2.49 Bn -
9 Zkh 16.37 Bn 16.37 Bn 51.11 Mn -4.25 Mn
10 Mogu 4.59 Bn 4.54 Bn - -1.67 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -1.67 Mn
Mar 31, 2025 -2.43 Mn
Mar 31, 2024 -1.78 Mn
Mar 31, 2023 -2.35 Mn
Mar 31, 2022 -5.90 Mn
Sep 30, 2021 -3.62 Mn
Jun 30, 2021 -3.38 Mn
Mar 31, 2021 -2.99 Mn
Dec 31, 2020 -4.18 Mn
Sep 30, 2020 -4.07 Mn
Jun 30, 2020 -4.10 Mn
Mar 31, 2020 -4.63 Mn
Dec 31, 2019 -4.58 Mn
Sep 30, 2019 -7.03 Mn
Jun 30, 2019 -8.18 Mn
Mar 31, 2019 -8.53 Mn
Dec 31, 2018 -8.04 Mn
Sep 30, 2018 -8.96 Mn
Jun 30, 2018 -9.90 Mn
Mar 31, 2018 -10.92 Mn