Financials
Reported figures only · latest: Q4 2026
CNY · US GAAP
Source: SEC XBRL filings
· latest filing
The long view
Fiscal years as reported · SEC XBRL filings, US GAAP
Revenue and net income11 fiscal yearsShow the numbers
| Year | Revenue | Net income |
|---|
| FY26 | CNY 125.4M | CNY 1.8M |
|---|
| FY25 | CNY 141.2M | −CNY 62.6M |
|---|
| FY24 | CNY 160.3M | −CNY 59.3M |
|---|
| FY23 | CNY 232.1M | −CNY 178M |
|---|
| FY22 | CNY 337.5M | −CNY 639.8M |
|---|
| FY21 | CNY 482.4M | −CNY 328M |
|---|
| FY20 | CNY 835.3M | −CNY 2.2B |
|---|
| FY19 | CNY 1.1B | −CNY 486.3M |
|---|
| FY18 | CNY 973.2M | −CNY 558.2M |
|---|
| FY17 | CNY 1.1B | −CNY 939.1M |
|---|
| FY16 | - | - |
|---|
MarginsShare of revenue- Gross margin
- Operating margin
- Net margin
Show the numbers
| Year | Gross margin | Operating margin | Net margin |
|---|
| FY26 | 28.6% | −57.6% | 1.5% |
|---|
| FY25 | 40% | −71.6% | −44.3% |
|---|
| FY24 | 43.1% | −49.4% | −37% |
|---|
| FY23 | 50.9% | −80.8% | −76.7% |
|---|
| FY22 | 52.7% | −198.7% | −189.6% |
|---|
| FY21 | 62% | −88.9% | −68% |
|---|
| FY20 | 64.8% | −248.2% | −266.2% |
|---|
| FY19 | 70.8% | −53.4% | −45.3% |
|---|
| FY18 | 67.4% | −87.1% | −57.4% |
|---|
| FY17 | 66% | −96.5% | −84.6% |
|---|
| FY16 | - | - | - |
|---|
Free cash flowOperating cash flow minus capital expenditureShow the numbers
| Year | Free cash flow |
|---|
| FY26 | −CNY 51.5M |
|---|
| FY25 | −CNY 78M |
|---|
| FY24 | −CNY 134.6M |
|---|
| FY23 | −CNY 29.1M |
|---|
| FY22 | −CNY 169.5M |
|---|
| FY21 | −CNY 230.6M |
|---|
| FY20 | −CNY 322.2M |
|---|
| FY19 | −CNY 334.5M |
|---|
| FY18 | −CNY 320M |
|---|
| FY17 | −CNY 856.2M |
|---|
| FY16 | - |
|---|
Returned to shareholdersDividends paid and shares bought backShow the numbers
| Year | Buybacks |
|---|
| FY26 | CNY 0 |
|---|
| FY25 | CNY 822K |
|---|
| FY24 | CNY 0 |
|---|
| FY23 | CNY 1.3M |
|---|
| FY22 | CNY 9.7M |
|---|
| FY21 | CNY 119.9M |
|---|
| FY20 | CNY 6.6M |
|---|
| FY19 | - |
|---|
| FY18 | - |
|---|
| FY17 | - |
|---|
| FY16 | - |
|---|
Net margin vs the sectorMedian of Industrials companies filing with the SECShow the numbers
| Year | MOGU | Industrials median |
|---|
| FY26 | 1.5% | 5.7% |
|---|
| FY25 | −44.3% | 4.4% |
|---|
| FY24 | −37% | 5.1% |
|---|
| FY23 | −76.7% | 4.5% |
|---|
| FY22 | −189.6% | 3.7% |
|---|
| FY21 | −68% | 3.3% |
|---|
| FY20 | −266.2% | −2.5% |
|---|
| FY19 | −45.3% | 3.1% |
|---|
| FY18 | −57.4% | 3.4% |
|---|
| FY17 | −84.6% | 3.4% |
|---|
| FY16 | - | 3.1% |
|---|
News
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