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 income9 fiscal yearsShow the numbers
| Year | Revenue | Net income |
|---|
| FY26 | CNY 420.5M | −CNY 5.1M |
|---|
| FY25 | CNY 468.9M | −CNY 54.1M |
|---|
| FY24 | CNY 709.4M | −CNY 63.7M |
|---|
| FY23 | CNY 1.1B | −CNY 102.8M |
|---|
| FY22 | CNY 1.2B | −CNY 128.4M |
|---|
| FY21 | CNY 1B | −CNY 194.4M |
|---|
| FY20 | CNY 770.2M | −CNY 179M |
|---|
| FY19 | CNY 803.8M | −CNY 234.2M |
|---|
| FY18 | - | - |
|---|
MarginsShare of revenue- Gross margin
- Operating margin
- Net margin
Show the numbers
| Year | Gross margin | Operating margin | Net margin |
|---|
| FY26 | 26.3% | −7.1% | −1.2% |
|---|
| FY25 | 21.5% | −12.7% | −11.5% |
|---|
| FY24 | 19.8% | −8.5% | −9% |
|---|
| FY23 | 21.4% | −9.5% | −9.4% |
|---|
| FY22 | 20.5% | −11.7% | −10.8% |
|---|
| FY21 | 18.5% | −20.4% | −19.2% |
|---|
| FY20 | 20.6% | −17.8% | −23.2% |
|---|
| FY19 | 25.4% | −25% | −29.1% |
|---|
| FY18 | - | - | - |
|---|
Free cash flowOperating cash flow minus capital expenditureShow the numbers
| Year | Free cash flow |
|---|
| FY26 | −CNY 30.4M |
|---|
| FY25 | −CNY 70.1M |
|---|
| FY24 | −CNY 26M |
|---|
| FY23 | −CNY 55.9M |
|---|
| FY22 | −CNY 150.6M |
|---|
| FY21 | −CNY 254M |
|---|
| FY20 | −CNY 167.1M |
|---|
| FY19 | −CNY 208.2M |
|---|
| FY18 | - |
|---|
Net margin vs the sectorMedian of Consumer companies filing with the SECShow the numbers
| Year | Boqii | Consumer median |
|---|
| FY26 | −1.2% | 1.2% |
|---|
| FY25 | −11.5% | 0.9% |
|---|
| FY24 | −9% | 1.3% |
|---|
| FY23 | −9.4% | 1.4% |
|---|
| FY22 | −10.8% | 1.6% |
|---|
| FY21 | −19.2% | 2.2% |
|---|
| FY20 | −23.2% | 0.4% |
|---|
| FY19 | −29.1% | 1.7% |
|---|
| FY18 | - | 2.6% |
|---|
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