Mogu (MOGU) Research & Development (2017 - 2026)
Mogu's (MOGU) quarterly Research & Development came in at -$1.7 million in Q1 2026, up 31.11% year-over-year from -$1.3 million in Q1 2025, and up 31.11% quarter-over-quarter from -$2.4 million in Q1 2025.
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Analysis
Mogu (MOGU) Research & Development (2017 - 2026) Analysis & Trends
Mogu has disclosed Research & Development across 10 years of filings, most recently posting -$1.7 million for Q1 2026.
- In Q1 2026, Research & Development rose 31.11% year-over-year to -$1.7 million; the TTM figure through Mar 2026 stood at -$8.2 million (up 33.93% YoY), while the FY2026 annual figure was -$4.2 million, down 1.02% from the prior year.
- Research & Development came in at -$1.7 million for Q1 2026 at Mogu, up from -$2.4 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of -$1.7 million in Q1 2026 to a low of -$5.9 million in Q1 2022.
- Average Research & Development over 5 years is -$2.8 million, with a median of -$2.4 million recorded in 2023.
- Year-over-year, Research & Development plunged 97.52% in 2022 and surged 60.17% in 2023.
- Over 5 years, Research & Development stood at -$5.9 million in 2022, then surged by 60.17% to -$2.4 million in 2023, then grew by 24.33% to -$1.8 million in 2024, then plunged by 36.59% to -$2.4 million in 2025, then surged by 31.11% to -$1.7 million in 2026.
- Per Business Quant data, the three most recent Research & Development figures were -$1.7 million in Q1 2026, -$2.4 million in Q1 2025, and -$1.8 million in Q1 2024.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Alibaba Group Holding | 263.05 Bn | 227.79 Bn | 15.11 Bn | -7.02 Bn |
| 2 | Booking Holdings | 126.16 Bn | 108.94 Bn | 4.98 Bn | 263.00 Mn |
| 3 | PDD Holdings | 112.31 Bn | 82.02 Bn | 9.45 Bn | -673.00 Mn |
| 4 | Airbnb | 98.07 Bn | 86.00 Bn | 2.98 Bn | 875.00 Mn |
| 5 | Mercadolibre | 90.61 Bn | 75.42 Bn | 4.16 Bn | 1.13 Bn |
| 6 | Ebay | 49.77 Bn | 46.46 Bn | 2.30 Bn | 697.00 Mn |
| 7 | Expedia | 31.98 Bn | 24.85 Bn | 3.91 Bn | 2.12 Bn |
| 8 | Maplebear | 10.57 Bn | 9.72 Bn | 751.00 Mn | 233.00 Mn |
| 9 | Full Truck Alliance | 7.59 Bn | 6.63 Bn | - | -38.45 Mn |
| 10 | Mogu | 4.66 Bn | 4.62 Bn | 1.53 Mn | -1.67 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |
API Access
Mogu Research & Development 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=research-and-development&ticker=MOGU&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "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=research-and-development&ticker=MOGU&period=max&api_key=YOUR_API_KEY");
const data = await res.json();