Cheche (CCGWW) Gross Margin (2022 - 2025)
Cheche (CCGWW) 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 (CCGWW) 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Nebius | 2,430,078.11 Bn | 2,430,078.11 Bn | 295.20 Mn | 73.98% |
| 2 | Alphabet | 4,448.32 Bn | 4,232.70 Bn | 102.29 Bn | 93.08% |
| 3 | Meta Platforms | 1,465.06 Bn | 1,383.88 Bn | 46.09 Bn | 81.85% |
| 4 | Spotify Technology | 113.19 Bn | 102.95 Bn | 1.75 Bn | 32.98% |
| 5 | 33.56 Bn | 30.79 Bn | 511.94 Mn | 77.17% | |
| 6 | 12.93 Bn | 11.63 Bn | 768.96 Mn | 76.32% | |
| 7 | Kanzhun | 12.77 Bn | 10.67 Bn | 255.62 Bn | 85.23% |
| 8 | Match | 8.28 Bn | 7.26 Bn | 653.28 Mn | 75.62% |
| 9 | Snap | 7.91 Bn | 5.08 Bn | 1.29 Bn | 84.37% |
| 10 | Cheche | - | - | 13.52 Mn | 5.69% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |