Mogu swings to FY26 net income of RMB 3.22 million; FY26 revenue falls 11.2% to RMB 125.43 million

• Mogu posted net income of RMB 3.2 million for fiscal 2026, returning to profit from a net loss a year earlier.
• Revenue fell 11.2% to RMB 125.4 million, driven by an 11.8% drop in commission revenue to RMB 65.8 million.
• Operating loss narrowed to RMB 72.2 million from RMB 101.1 million as total costs and expenses fell 17% to RMB 205.5 million.
• GMV tied to live video broadcasting was RMB 3.5 billion; active LVB buyers dropped to 600,000 from 900,000.
• Technology services revenue slid 47.4% to RMB 26.9 million due to Ruisha Technology’s deconsolidation from Aug. 31, 2025.

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. Mogu Inc. 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: 0001193125-26-315001), on July 24, 2026, and is solely responsible for the information contained therein.