MOGU (MOGU) Reports Wider Net Loss, Revenue Decline in H2 2026

MOGU Inc. (MOGU) on June 22, 2026, reported a wider net loss of RMB 40.5 million for the second half of fiscal year 2026, which ended March 31, 2026. This compares to a net loss of RMB 34.6 million in the same period of fiscal year 2025. The e-commerce platform also experienced a significant revenue decrease. Revenue for H2 2026 fell to RMB 30.6 million, down from RMB 41.5 million in H2 2025. Basic and diluted net loss per share worsened to RMB -0.42, compared to RMB -0.36 year-over-year. Adjusted net loss widened to RMB 34.1 million from RMB 28.5 million in H2 2025, and adjusted EBITDA deteriorated to RMB -30.7 million from RMB -25.2 million.