Cheetah Mobile (CMCM) Gross Margin (2013 - 2026)
Cheetah Mobile's (CMCM) quarterly Gross Margin came in at 63.37% in Q2 2026, down 1278.0% year-over-year from 5.38% in Q2 2025, and down 1.47% on a QoQ basis from 64.31% in Q1 2026.
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Analysis
Cheetah Mobile (CMCM) Gross Margin (2013 - 2026) Analysis & Trends
Cheetah Mobile (CMCM) has 14 years of Gross Margin data on file, last reported at 63.37% in Q2 2026.
- On a quarterly basis, Gross Margin fell 1278.0% year-over-year to 63.37% in Q2 2026; TTM through Jun 2026 was 67.25%, a 568.0% decrease from a year earlier, with the FY2025 full-year figure at 72.5%, up 493.0% from the prior year.
- Gross Margin for Q2 2026 stood at 63.37%, down from 64.31% in the prior quarter.
- Across five years, Gross Margin topped out at 76.14% in Q2 2025 and bottomed at 59.56% in Q1 2024.
- Historically, Gross Margin has averaged 68.3% across 5 years, with a median of 67.05% in 2023.
- The widest annual swing landed in 2022, when Gross Margin surged 1491 bps; it then tumbled 1278 bps in 2026.
- Year by year, Gross Margin stood at 75.46% in 2022, then retreated by 15 bps to 64.29% in 2023, then climbed by 13 bps to 72.87% in 2024, then declined by 9 bps to 66.5% in 2025, then slipped by 5 bps to 63.37% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 63.37% in Q2 2026, 64.31% in Q1 2026, and 66.5% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Atlassian | 49.08 Bn | 47.84 Bn | 1.53 Bn | 86.50% |
| 2 | Dropbox | 7.45 Bn | 6.33 Bn | 506.50 Mn | 80.21% |
| 3 | Open Text | 5.57 Bn | 4.61 Bn | 1.01 Bn | 74.98% |
| 4 | Box | 4.51 Bn | 4.07 Bn | 253.97 Mn | 79.08% |
| 5 | Monday.Com | 4.35 Bn | 3.27 Bn | 321.96 Mn | 88.30% |
| 6 | Asana | 2.10 Bn | 1.88 Bn | 186.10 Mn | 85.99% |
| 7 | Cheetah Mobile | 81.58 Mn | -80.47 Mn | 24.85 Mn | 63.37% |
| 8 | Upland Software | 10.94 Mn | -20.73 Mn | 37.47 Mn | 76.25% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 63.37% |
| Mar 31, 2026 | 64.31% |
| Dec 31, 2025 | 66.50% |
| Sep 30, 2025 | 74.60% |
| Jun 30, 2025 | 76.14% |
| Mar 31, 2025 | 73.16% |
| Dec 31, 2024 | 72.87% |
| Sep 30, 2024 | 67.87% |
| Jun 30, 2024 | 64.09% |
| Mar 31, 2024 | 59.56% |
| Dec 31, 2023 | 64.29% |
| Sep 30, 2023 | 69.45% |
| Jun 30, 2023 | 65.75% |
| Mar 31, 2023 | 67.05% |
| Dec 31, 2022 | 75.46% |
| Dec 31, 2021 | 60.55% |
| Sep 30, 2021 | 62.07% |
| Jun 30, 2021 | 76.12% |
| Mar 31, 2021 | 70.08% |
| Dec 31, 2020 | 72.70% |
API Access
Cheetah Mobile Gross Margin 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=gross-margin&ticker=CMCM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "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=gross-margin&ticker=CMCM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();