CMCM revenueFY2025CN¥1.15B
- FY YoY
- +42.6%
- 5Y CAGR
- -5.8%
CMCM revenue was CN¥1.15B for fiscal 2025 (ended Dec 31, 2025), up 42.6% from fiscal 2024. Compound annual growth was -5.8% over 5 years. It rose in 5 of the last 9 fiscal years.
Cheetah Mobile Inc. (CMCM) financials
For fiscal 2025 (ended Dec 31, 2025), Cheetah Mobile Inc. reported CN¥1.15B of revenue and -CN¥257.71M of net income. Figures are in CNY, the currency of its SEC filings.
- Revenue, FY2025
- CN¥1.15B
- Revenue growth, YoY
- +42.6%
- Net income, FY2025
- -CN¥257.71M
- Net margin
- -22.4%
- EPS, diluted, FY2025
- -CN¥0.18
- Cash
- CN¥1.51B
FY2016FY2025
FY2016FY2025
FY2016FY2017
CMCM revenue and earnings growth
CMCM net incomeFY2025-CN¥257.71M
CMCM net income was -CN¥257.71M for fiscal 2025 (ended Dec 31, 2025), compared with -CN¥617.56M in fiscal 2024.
CMCM EPSFY2025-CN¥0.18
CMCM diluted EPS was -CN¥0.18 for fiscal 2025 (ended Dec 31, 2025), compared with -CN¥0.42 in fiscal 2024.
Income statement
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥1.15B | CN¥806.88M | CN¥669.50M | CN¥884.07M | CN¥784.62M | CN¥1.55B | CN¥3.59B | CN¥4.98B | CN¥4.97B | CN¥4.56B |
| Cost of revenue | CN¥316.41M | CN¥261.68M | CN¥231.94M | CN¥252.56M | CN¥257.66M | CN¥475.38M | CN¥1.24B | CN¥1.54B | CN¥1.78B | CN¥1.54B |
| Gross profit | CN¥834.03M | CN¥545.20M | CN¥437.56M | CN¥631.50M | CN¥526.96M | CN¥1.08B | CN¥2.35B | CN¥3.44B | CN¥3.19B | CN¥3.02B |
| Selling, general and admin | CN¥266.52M | CN¥244.38M | CN¥229.55M | CN¥214.34M | CN¥191.87M | CN¥380.53M | CN¥587.46M | CN¥430.83M | CN¥407.41M | CN¥561.83M |
| Operating income | -CN¥179.44M | -CN¥437.25M | -CN¥209.84M | -CN¥225.59M | -CN¥229.57M | -CN¥531.12M | -CN¥1.11B | CN¥467.22M | CN¥446.88M | -CN¥12.45M |
| Pre-tax income | -CN¥226.68M | -CN¥554.33M | -CN¥637.65M | -CN¥545.78M | -CN¥339.57M | CN¥508.25M | -CN¥365.69M | CN¥1.27B | CN¥1.43B | -CN¥68.90M |
| Income tax | CN¥8.47M | CN¥47.26M | -CN¥43.78M | -CN¥25.09M | CN¥13.63M | CN¥97.09M | CN¥7.90M | CN¥117.00M | CN¥57.60M | -CN¥12.19M |
| Net income | -CN¥257.71M | -CN¥617.56M | -CN¥602.90M | -CN¥513.48M | -CN¥351.13M | CN¥416.73M | -CN¥313.98M | CN¥1.17B | CN¥1.35B | -CN¥80.53M |
| EPS, basic | -CN¥0.18 | -CN¥0.42 | -CN¥0.41 | -CN¥0.36 | -CN¥0.25 | CN¥0.29 | -CN¥0.25 | CN¥0.80 | CN¥0.96 | -CN¥0.06 |
| EPS, diluted | -CN¥0.18 | -CN¥0.42 | -CN¥0.41 | -CN¥0.36 | -CN¥0.25 | CN¥0.29 | -CN¥0.25 | CN¥0.78 | CN¥0.94 | -CN¥0.06 |
| Diluted shares | 1.53B | 1.50B | 1.47B | 1.44B | 1.43B | 1.42B | 1.37B | 1.44B | 1.43B | 1.39B |
Balance sheet
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | CN¥1.51B | CN¥1.83B | CN¥2.02B | CN¥1.52B | CN¥1.58B | CN¥1.30B | CN¥985.64M | CN¥2.79B | CN¥2.41B | CN¥1.58B |
| Short-term investments | CN¥9.53M | CN¥335.0K | CN¥1.02M | CN¥156.18M | CN¥262.81M | CN¥360.80M | CN¥1.37B | CN¥930.61M | CN¥1.40B | CN¥361.50M |
| Receivables | CN¥468.06M | CN¥473.62M | CN¥401.06M | CN¥283.77M | CN¥170.31M | CN¥225.59M | CN¥469.28M | CN¥655.26M | CN¥621.27M | CN¥600.88M |
| Inventory | CN¥53.65M | CN¥46.73M | CN¥40.57M | CN¥16.70M | CN¥15.41M | CN¥24.06M | CN¥31.29M | CN¥12.21M | CN¥26.76M | CN¥999.0K |
| Current assets | CN¥3.23B | CN¥3.78B | CN¥3.47B | CN¥3.12B | CN¥2.60B | CN¥2.95B | CN¥3.99B | CN¥5.57B | CN¥5.40B | CN¥3.17B |
| Goodwill | CN¥460.03M | CN¥424.10M | CN¥576.99M | - | - | - | - | CN¥617.84M | CN¥634.16M | CN¥943.92M |
| Total assets | CN¥4.68B | CN¥5.50B | CN¥5.63B | CN¥5.14B | CN¥4.98B | CN¥5.61B | CN¥7.01B | CN¥8.29B | CN¥7.45B | CN¥5.54B |
| Current liabilities | CN¥2.55B | CN¥3.08B | CN¥2.73B | CN¥1.78B | CN¥1.35B | CN¥1.57B | CN¥1.75B | CN¥1.84B | CN¥2.17B | CN¥2.07B |
| Total debt | - | - | - | - | - | - | - | - | - | CN¥151.49M |
| Total liabilities | CN¥2.73B | CN¥3.30B | CN¥2.97B | CN¥2.03B | CN¥1.62B | CN¥1.83B | CN¥2.02B | CN¥2.01B | CN¥2.29B | CN¥2.34B |
| Shareholders' equity | CN¥1.61B | CN¥1.90B | CN¥2.55B | CN¥3.10B | CN¥3.36B | CN¥3.79B | CN¥4.99B | CN¥5.59B | CN¥4.51B | CN¥3.20B |
Cash flow
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -CN¥172.26M | -CN¥238.32M | CN¥550.46M | -CN¥424.25M | CN¥102.81M | -CN¥46.13M | -CN¥239.54M | CN¥345.59M | CN¥625.59M | CN¥393.59M |
| Capital expenditures | - | - | - | - | - | - | - | - | CN¥19.38M | CN¥74.16M |
| Free cash flow | - | - | - | - | - | - | - | - | CN¥606.21M | CN¥319.43M |
| Investing cash flow | -CN¥65.57M | -CN¥34.09M | -CN¥49.06M | CN¥189.05M | CN¥220.84M | CN¥1.88B | -CN¥1.09B | CN¥538.64M | -CN¥231.49M | -CN¥1.02B |
| Financing cash flow | -CN¥64.22M | CN¥69.11M | -CN¥6.78M | -CN¥4.87M | -CN¥9.64M | -CN¥1.45B | -CN¥485.07M | -CN¥546.51M | CN¥508.07M | CN¥150.42M |
| Share repurchases | - | - | - | - | - | - | CN¥175.0K | CN¥221.75M | - | CN¥178.99M |
| Stock-based compensation | CN¥19.84M | CN¥26.10M | CN¥33.55M | CN¥7.86M | CN¥7.15M | CN¥80.98M | CN¥127.44M | CN¥85.12M | CN¥73.32M | CN¥306.15M |
Key ratios
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue growth, YoY | 42.6% | 20.5% | -24.3% | 12.7% | -49.5% | -56.7% | -28.0% | 0.1% | 9.0% | - |
| Net income growth, YoY | - | - | - | - | - | - | - | -13.4% | - | - |
| EPS growth, YoY | - | - | - | - | - | - | - | -16.3% | - | - |
| Gross margin | 72.5% | 67.6% | 65.4% | 71.4% | 67.2% | 69.4% | 65.4% | 69.1% | 64.2% | 66.2% |
| Operating margin | -15.6% | -54.2% | -31.3% | -25.5% | -29.3% | -34.2% | -31.0% | 9.4% | 9.0% | -0.3% |
| Net margin | -22.4% | -76.5% | -90.1% | -58.1% | -44.8% | 26.8% | -8.8% | 23.4% | 27.1% | -1.8% |
| Free cash flow margin | - | - | - | - | - | - | - | - | 12.2% | 7.0% |
| Return on equity | -16.0% | -32.5% | -23.6% | -16.5% | -10.4% | 11.0% | -6.3% | 20.9% | 29.9% | -2.5% |
| Return on assets | -5.5% | -11.2% | -10.7% | -10.0% | -7.1% | 7.4% | -4.5% | 14.1% | 18.1% | -1.5% |
| Current ratio | 1.27 | 1.23 | 1.27 | 1.76 | 1.92 | 1.87 | 2.29 | 3.03 | 2.49 | 1.54 |
| Debt to equity | - | - | - | - | - | - | - | - | - | 0.05 |
Source: XBRL data Cheetah Mobile Inc. files with the SEC, latest filing dated Apr 23, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.
Per-share figures are as filed. The filings show no stock split in these periods.
EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.
Foreign private issuers file annual reports with the SEC, so there are no quarterly statements here.
CMCM peers
| Company | Revenue | Growth | Net income | Net margin | Market cap |
|---|---|---|---|---|---|
| CMCM | CN¥1.15B | +42.6% | -CN¥257.71M | -22.4% | $72.3M |
| MSFT | $346.44B | +17.9% | $142.63B | 41.2% | $4.05T |
| PLTR | $7.29B | +87.1% | $3.67B | 50.3% | $407.69B |
| ORCL | $71.78B | +21.6% | $18.92B | 26.4% | $362.21B |
| SAP | €36.80B | +7.7% | €7.16B | 19.5% | $291.67B |
| CRWD | $5.40B | +24.3% | $58.46M | 1.1% | $234.05B |
| SHOP | $14.17B | +32.5% | $2.13B | 15.0% | $195.63B |
| CRM | $43.94B | +11.2% | $9.66B | 22.0% | $176.90B |
| NOW | $15.43B | +21.8% | $1.45B | 9.4% | $106.66B |
CMCM FAQ
8 questionsWhat is CMCM revenue?
Cheetah Mobile Inc. (CMCM) reported CN¥1.15B of revenue for fiscal 2025 (ended Dec 31, 2025). That is up 42.6% from the year before.Is CMCM profitable?
No. Cheetah Mobile Inc. reported a net loss of CN¥257.71M for fiscal 2025 (ended Dec 31, 2025).How much cash and debt does CMCM have?
Cheetah Mobile Inc. reported CN¥1.51B in cash and cash equivalents on its most recent balance sheet in SEC filings.How fast is CMCM revenue growing?
Cheetah Mobile Inc.'s revenue changed +42.6% in fiscal 2025, to CN¥1.15B. Its compound annual growth rate was -5.8% over 5 years.What is CMCM gross margin?
Cheetah Mobile Inc.'s gross profit was CN¥834.03M on CN¥1.15B of revenue for fiscal 2025 (ended Dec 31, 2025), a gross margin of 72.5%.What is CMCM earnings per share?
Diluted earnings per share were -CN¥0.18 for fiscal 2025 (ended Dec 31, 2025), from SEC filings, restated for any stock split those filings show.When did CMCM last report financial results?
The latest statements here come from Cheetah Mobile Inc.'s 20-F filed on Apr 23, 2026, covering the period ended Dec 31, 2025.Where does this CMCM financial data come from?
Quantisnow builds these statements from the structured XBRL data Cheetah Mobile Inc. files with the SEC. It is provided for information only and is not investment advice.