Cheetah Mobile (CMCM) Cost of Revenue (2013 - 2026)
Cheetah Mobile's (CMCM) quarterly Cost of Revenue came in at $14.4 million in Q2 2026, up 46.15% year-over-year from $9.8 million in Q2 2025, and up 7.22% on a QoQ basis from $13.4 million in Q1 2026.
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Analysis
Cheetah Mobile (CMCM) Cost of Revenue (2013 - 2026) Analysis & Trends
Cheetah Mobile (CMCM) has 14 years of Cost of Revenue data on file, last reported at $14.4 million in Q2 2026.
- On a quarterly basis, Cost of Revenue rose 46.15% year-over-year to $14.4 million in Q2 2026; TTM through Jun 2026 was $52.8 million, a 42.7% increase from a year earlier, with the FY2025 full-year figure at $45.2 million, up 26.21% from the prior year.
- Cost of Revenue for Q2 2026 stood at $14.4 million, up from $13.4 million in the prior quarter.
- Across five years, Cost of Revenue topped out at $18.8 million in Q4 2022 and bottomed at $7.0 million in Q3 2023.
- Historically, Cost of Revenue has averaged $11.2 million across 5 years, with a median of $9.8 million in 2025.
- The widest annual swing landed in 2024, when Cost of Revenue sank 47.25%; it then soared 67.94% in 2025.
- Year by year, Cost of Revenue stood at $18.8 million in 2022, then retreated by 10.93% to $16.7 million in 2023, then sank by 47.25% to $8.8 million in 2024, then soared by 67.94% to $14.8 million in 2025, then fell by 2.9% to $14.4 million in 2026.
- Per Business Quant data, the three most recent Cost of Revenue figures were $14.4 million in Q2 2026, $13.4 million in Q1 2026, and $14.8 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Atlassian | 49.08 Bn | 47.84 Bn | 1.53 Bn | 238.45 Mn |
| 2 | Dropbox | 7.45 Bn | 6.33 Bn | 506.50 Mn | 125.00 Mn |
| 3 | Open Text | 5.57 Bn | 4.61 Bn | 1.01 Bn | 337.55 Mn |
| 4 | Box | 4.51 Bn | 4.07 Bn | 253.97 Mn | 67.18 Mn |
| 5 | Monday.Com | 4.35 Bn | 3.27 Bn | 321.96 Mn | 42.66 Mn |
| 6 | Asana | 2.10 Bn | 1.88 Bn | 186.10 Mn | 30.33 Mn |
| 7 | Cheetah Mobile | 81.58 Mn | -80.47 Mn | 24.85 Mn | 14.37 Mn |
| 8 | Upland Software | 10.94 Mn | -20.73 Mn | 37.47 Mn | 11.67 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 14.37 Mn |
| Mar 31, 2026 | 13.40 Mn |
| Dec 31, 2025 | 14.80 Mn |
| Sep 30, 2025 | 10.26 Mn |
| Jun 30, 2025 | 9.83 Mn |
| Mar 31, 2025 | 9.58 Mn |
| Dec 31, 2024 | 8.81 Mn |
| Sep 30, 2024 | 8.79 Mn |
| Jun 30, 2024 | 9.07 Mn |
| Mar 31, 2024 | 10.66 Mn |
| Dec 31, 2023 | 16.70 Mn |
| Sep 30, 2023 | 6.96 Mn |
| Jun 30, 2023 | 8.16 Mn |
| Mar 31, 2023 | 8.21 Mn |
| Dec 31, 2022 | 18.75 Mn |
| Dec 31, 2021 | 23.11 Mn |
| Sep 30, 2021 | 11.55 Mn |
| Jun 30, 2021 | 7.83 Mn |
| Mar 31, 2021 | 9.06 Mn |
| Dec 31, 2020 | 11.35 Mn |
API Access
Cheetah Mobile Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=CMCM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "CMCM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=CMCM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();