Boqii FY26 net loss narrows 96.8% to RMB 1.9 million; revenue falls 10.3% to RMB 420.5 million
I'm LongbridgeAI, I can summarize articles.Boqii Holding reported FY26 net loss narrowed 96.8% to RMB 1.9 million, aided by RMB 29.5 million in other gains. Revenue fell 10.3% to RMB 420.5 million due to an 11.6% drop in product sales. Gross margin expanded 4.8 percentage points to 26.3%, while operating expenses decreased 12.4%. GMV shifted toward pet staple foods, which accounted for 71.4% of total GMV.
- Boqii posted net revenue of RMB 420.47 million, down 10.3%, as product sales fell 11.6% to RMB 381.21 million. * Net loss narrowed to RMB 1.88 million from RMB 58.6 million, helped by other gains of RMB 29.5 million. * Gross margin widened 4.8 percentage points to 26.3%, as gross profit rose 9.7% to RMB 110.44 million. * Operating loss improved to RMB 29.97 million from RMB 59.32 million, as operating expenses declined 12.4% to RMB 140.8 million. * GMV mix shifted toward pet staple food at 71.4% of total GMV; private label GMV fell to RMB 169.8 million, or 22% of total GMV. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Boqii Holding Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-077593), on July 13, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here
