Cheche (CCG) Gross Margin (2022 - 2025)

Cheche (CCG) reported Gross Margin of 5.69% for Q4 2025, down 402.0% on a YoY basis from 1.89% in Q4 2024, and down 41.41% quarter-over-quarter from 9.72% in Q4 2024.

Cheche (CCG) Gross Margin (2022 - 2025) Analysis & Trends

Cheche has reported Gross Margin for 4 years, with the latest figure at 5.69% in Q4 2025.

  • For the quarter ending Q4 2025, Gross Margin fell 402.0% year-over-year to 5.69%; the trailing twelve-month figure through Dec 2025 stood at 42.54% (down 950.0% YoY), and the FY2025 full-year result was 5.33%, up 68.0% from the prior year.
  • Gross Margin for Q4 2025 stood at 5.69%, down from 9.72% in the prior quarter.
  • The five-year high for Gross Margin was 97.96% in Q2 2023, with the low at 4.02% in Q3 2022.
  • Historically, Gross Margin has averaged 30.67% across 4 years, with a median of 5.69% in 2025.
  • Annual changes were most pronounced in 2024 — Gross Margin soared 9320 bps — and 2025, when it plunged 402 bps.
  • Cheche's Gross Margin stood at 6.08% in 2022, then decreased by 18 bps to 4.99% in 2023, then surged by 95 bps to 9.72% in 2024, then slumped by 41 bps to 5.69% in 2025.
  • The last three Gross Margin figures came in at 5.69% (Q4 2025), 9.72% (Q4 2024), and 97.87% (Q3 2024), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Nebius 1,913,603.98 Bn 1,913,603.98 Bn 295.20 Mn 73.98%
2 Alphabet 4,425.33 Bn 4,209.71 Bn 102.29 Bn 93.08%
3 Meta Platforms 1,502.66 Bn 1,421.48 Bn 46.09 Bn 81.85%
4 Spotify Technology 119.69 Bn 109.44 Bn 1.75 Bn 32.98%
5 Reddit 33.22 Bn 30.45 Bn 511.94 Mn 77.17%
6 Pinterest 13.64 Bn 12.34 Bn 768.96 Mn 76.32%
7 Kanzhun 13.02 Bn 10.92 Bn 255.62 Bn 85.23%
8 Snap 9.72 Bn 6.90 Bn 1.29 Bn 84.37%
9 Zillow 8.26 Bn 7.48 Bn 519.00 Mn 73.31%
10 Cheche 5.82 Mn -14.58 Mn 13.52 Mn 5.69%

Historic Data

Download Data
DateValue
Dec 31, 2025 5.69%
Dec 31, 2024 9.72%
Sep 30, 2024 97.87%
Jun 30, 2024 97.73%
Mar 31, 2024 4.29%
Dec 31, 2023 4.99%
Sep 30, 2023 4.67%
Jun 30, 2023 97.96%
Mar 31, 2023 4.32%
Dec 31, 2022 6.08%
Sep 30, 2022 4.02%