MOGU Inc. income statement MOGU

Annual Quarterly

In fiscal 2026, which ended Mar 31, 2026, MOGU Inc. reported revenue of $18.2 million, down 6.6% from the year before. Net income was $266,000, a profit margin of 1.5%. The operating loss came to $10.5 million, an operating margin of -57.6%. Diluted earnings per share were $0.00. Across the 8 fiscal years shown, revenue shrank from $160.1 million in fiscal 2019 to $18.2 million in fiscal 2026, about 26.7% a year.

USD in millions, except per-share amounts and margins. The percent under a figure is the change from the year before.

Line	FY 2026 Mar 31, 2026	FY 2025 Mar 31, 2025	FY 2024 Mar 31, 2024	FY 2023 Mar 31, 2023	FY 2022 Mar 31, 2022	FY 2021 Mar 31, 2021	FY 2020 Mar 31, 2020	FY 2019 Mar 31, 2019
Revenue	18 -6.6%	19 -12.4%	22 -34.3%	34 -36.5%	53 -27.7%	74 -37.6%	118 -26.3%	160
Cost of revenue	13 +11.2%	12 -7.5%	13 -23.8%	17 -34.1%	25 -9.9%	28 -32.6%	41 -11.3%	47
Gross profit	5 -33.2%	8 -18.8%	10 -44.3%	17 -38.7%	28 -38.6%	46 -40.3%	76 -32.5%	113
Research and development	4 +1.0%	4 +11.6%	4 -31.4%	5 -58.6%	13 -17.5%	16 -34.7%	24 -31.4%	35
Selling, general and administrative	13 -20.2%	16 -6.9%	17 -11.1%	19 -46.8%	36 -29.3%	51 -51.5%	105 -23.0%	136
Other operating income (expense)	1 +61.7%	1 -60.4%	2 +67.4%	1 -73.6%	4 -47.3%	8 +370.0%	2 +24.1%	1
Operating income	-10 +24.9%	-14 -27.1%	-11 +59.8%	-27 +74.2%	-106 -61.6%	-65 +77.6%	-293 -242.2%	-86
Pretax income	1 +110.0%	-8 +13.4%	-9 +67.0%	-28 +73.4%	-104 -110.1%	-49 +83.5%	-298 -292.7%	-76
Income tax	1 +666.4%	0 +151.8%	-0 +22.2%	-0 +87.4%	-2 -389.4%	1 +1053.0%	-0 +96.8%	-3
Net income	0 +103.1%	-9 -5.0%	-8 +68.3%	-26 +74.3%	-101 -101.6%	-50 +84.1%	-314 -333.4%	-72
Basic EPS	0.00	0.00	0.00 +100.0%	-0.01 +75.0%	-0.04 -100.0%	-0.02 +83.3%	-0.12 +7.7%	-0.13
Diluted EPS	0.00	0.00	0.00 +100.0%	-0.01 +75.0%	-0.04 -100.0%	-0.02 +83.3%	-0.12 +7.7%	-0.13
Weighted average shares, basic	2,453 -6.7%	2,629 +1.2%	2,598 +1.7%	2,554 +1.4%	2,520 -4.2%	2,630 -3.3%	2,719 +117.9%	1,248
Weighted average shares, diluted	2,637 +0.3%	2,629 +1.2%	2,598 +1.7%	2,554 +1.4%	2,520 -4.2%	2,630 -3.3%	2,719 +117.9%	1,248
Other measures
Depreciation and amortization	2 +3.9%	2 +15.5%	1 -85.4%	10 -81.9%	53 -1.8%	54 +12.1%	48 +55.4%	31
EBITDA	-9 +28.6%	-12 -28.8%	-10 +46.1%	-18 +66.5%	-53 -347.6%	-12 +95.2%	-245 -346.9%	-55
Interest coverage	-5,234.50x	—	-421.69x	-313.74x	—	—	—	—
Margins
Gross margin	28.59%	39.98%	43.13%	50.93%	52.71%	62.04%	64.83%	70.79%
Operating margin	-57.57%	-71.61%	-49.37%	-80.77%	-198.67%	-88.92%	-248.16%	-53.45%
Pretax margin	4.34%	-40.49%	-40.96%	-81.56%	-194.48%	-66.92%	-252.61%	-47.40%
Profit margin	1.46%	-44.29%	-36.97%	-76.70%	-189.58%	-67.99%	-266.20%	-45.27%
EBITDA margin	-48.43%	-63.39%	-43.14%	-52.63%	-99.83%	-16.13%	-207.64%	-34.24%
Effective tax rate	112.67%	—	—	—	—	—	—	—

How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions, except per-share amounts and margins. Weighted average shares are in millions. Interest expense and finance costs are positive costs. A negative amount on a gain (loss) or income (expense) line is a loss or an expense. EBITDA is operating income plus depreciation and amortization. Interest coverage is operating income divided by interest expense. More on our methodology.

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Company profile

Industry: Services-Business Services, NEC (SIC 7389)
Listed as: MOGU (NYSE)
Fiscal year ends: March 31
Incorporated in: Cayman Islands
Headquarters: Hangzhou
SEC filer status: Non-accelerated filer
SEC CIK: 1743971
Former names: Meili Inc. (until Oct 26, 2018)

Other Services-Business Services, NEC companies

All 136 Services-Business Services, NEC companies

Source: SEC EDGAR filings. This is company-reported data, not investment advice.