Cheetah Mobile (CMCM) Gross Margin (2013 - 2026)
Cheetah Mobile (CMCM) posted Gross Margin of 63.37% for Q2 2026, down 12.78 percentage points from 76.14% a year earlier and down 0.94 percentage points from the prior quarter.
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Analysis
Cheetah Mobile (CMCM) Gross Margin (2013 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Gross Margin at Cheetah Mobile was 67.25%, down 5.68 percentage points year-over-year; for FY2025, it was 72.50%, up 4.93 percentage points from FY2024.
- Annual Gross Margin shows a five-year change of +6.86 percentage points (FY2020 to FY2025).
- In prior years, Cheetah Mobile's Gross Margin was 67.57% in FY2024 (+2.21 pp), 65.36% in FY2023 (-6.08 pp), 71.43% in FY2022 (+4.27 pp) and 67.16% in FY2021 (+1.52 pp).
- The Q2 2026 figure stands as the lowest quarterly Gross Margin since Q1 2024.
- On a year-over-year basis, Gross Margin has declined in each of the last three quarters, with an average year-over-year change of +2.06 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Gross Margin in the past five years was Q4 2024, with a gain of 13.66 percentage points; the weakest was Q4 2021, with a drop of 13.82 percentage points.
- According to Business Quant data, Gross Margin for the three prior quarters was 64.31% (Q1 2026), 66.50% (Q4 2025) and 74.60% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Adobe | 97.58 Bn | 72.83 Bn | 6.00 Bn | 88.71% |
| 2 | Atlassian | 55.96 Bn | 49.24 Bn | 1.53 Bn | 86.50% |
| 3 | Autodesk | 50.57 Bn | 38.61 Bn | 1.87 Bn | 91.40% |
| 4 | Twilio | 39.35 Bn | 29.42 Bn | 725.87 Mn | 48.42% |
| 5 | Zoom Communications | 28.55 Bn | -2.24 Bn | 985.50 Mn | 77.16% |
| 6 | Figma | 11.38 Bn | 4.89 Bn | 309.61 Mn | 83.66% |
| 7 | Dropbox | 8.07 Bn | 3.71 Bn | 506.50 Mn | 80.21% |
| 8 | Nice | 7.10 Bn | 5.56 Bn | 995.81 Mn | 64.21% |
| 9 | RingCentral | 6.67 Bn | 6.16 Bn | 472.31 Mn | 71.89% |
| 10 | Cheetah Mobile | 71.34 Mn | -808.92 Mn | 24.85 Mn | 63.37% |
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 | 59.21% |
| Sep 30, 2023 | 69.45% |
| Jun 30, 2023 | 65.75% |
| Mar 31, 2023 | 67.05% |
| Dec 31, 2021 | 58.87% |
| Sep 30, 2021 | 62.07% |
| Jun 30, 2021 | 76.12% |
| Mar 31, 2021 | 70.08% |
| Dec 31, 2020 | 72.70% |
| Sep 30, 2020 | 68.89% |
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();