Commission Revenues was Mogu’s largest product and service line in fiscal 2026, bringing in $65.85M of $125.43M (52%).
| Product and Service | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Commission Revenues | $147.51M | $109.74M | $74.70M | $65.85M | ||||||
| Marketing Services Revenue | $4.42M | $961.00K | $2.10M | $10.05M | ||||||
| Marketing Services Revenues | — | — | — | — | ||||||
| Technology Services Revenues | $58.87M | $33.29M | $51.24M | $26.94M | ||||||
| Financing Solutions | $12.95M | $10.27M | $7.88M | $6.81M | ||||||
| Online Direct Sales | — | — | — | — | ||||||
| Technology Service | — | — | — | — | ||||||
| Service, Others | $5.59M | $4.17M | $3.59M | $4.90M | ||||||
| Service, Other | — | — | — | — | ||||||
| Talent Management Services Revenue | — | — | — | $8.68M | ||||||
| Promotion Services Revenue | $926.00K | $167.00K | $90.00K | — | ||||||
| Logistic Services Revenue | $1.81M | $1.75M | $1.64M | $2.20M | ||||||
| Total | $232.08M | $160.34M | $141.23M | $125.43M |
Mogu brought in $125.43M from its seven product and service lines in fiscal 2026, the year ended March 31, 2026. Mogu regrouped these lines after fiscal 2025, so the total does not compare directly with that year's $141.23M. Commission Revenues was the largest at $65.85M (52.5%), ahead of Technology Services Revenues at $26.94M (21.5%) and Marketing Services Revenue at $10.05M (8.0%). The other four lines brought in $22.60M combined.
Compared with fiscal 2025, Marketing Services Revenue grew fastest, up 378.4% to $10.05M, while Technology Services Revenues fell the most, down 47.4% to $26.94M.
Mogu began breaking out Talent Management Services Revenue in fiscal 2026, when it brought in $8.68M. Mogu stopped reporting Promotion Services Revenue as a separate line after fiscal 2025, when it brought in $90.00K.
Domestic Business was Mogu’s largest region in fiscal 2017, bringing in $1.11B of $1.11B (100%).
| Geography | FY 2017 |
|---|---|
| Domestic Business | $1.11B |
| Cross-Border Business | $1.44M |
| Total | $1.11B |
Mogu brought in $1.11B from its two regions in fiscal 2017, the year ended March 31, 2017. Domestic Business was the largest at $1.11B (99.9%), ahead of Cross-Border Business at $1.44M (0.1%).
Mogu (MOGU) reports its revenue by product and service and by geography. In fiscal 2026, Commission Revenues was its largest product and service line, bringing in $65.85M (52.5% of the total), followed by Technology Services Revenues at $26.94M (21.5%).
Commission Revenues was Mogu's largest product and service line in fiscal 2026, bringing in $65.85M, or 52.5% of the $125.43M total across its seven product and service lines.
Domestic Business was Mogu's largest region in fiscal 2017, bringing in $1.11B, or 99.9% of the $1.11B total across its two regions.
Every figure comes from Mogu's annual financial filings, as reported. Each line keeps the name Mogu gives it, and years follow its fiscal calendar.
Mogu's revenue by product and service goes back to fiscal 2017, with figures through fiscal 2026. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.