Cheetah Mobile (CMCM) Net Margin (2013 - 2025)
Cheetah Mobile (CMCM) reported Net Margin of 64.96% for Q4 2025, up 4502.0% on a YoY basis from 1.41% in Q4 2024, and down 2014.68% quarter-over-quarter from 3.39% in Q3 2025.
Cheetah Mobile (CMCM) Net Margin (2013 - 2025) Analysis & Trends
Cheetah Mobile has reported Net Margin for 13 years, with the latest figure at 64.96% in Q4 2025.
- For the quarter ending Q4 2025, Net Margin rose 4502.0% year-over-year to 64.96%; the trailing twelve-month figure through Dec 2025 stood at 19.24% (up 3132.0% YoY), and the FY2025 full-year result was 15.78%, up 962.0% from the prior year.
- Net Margin for Q4 2025 stood at 64.96%, down from 3.39% in the prior quarter.
- The five-year high for Net Margin was 46.77% in Q1 2021, with the low at 148.65% in Q2 2023.
- Historically, Net Margin has averaged 44.14% across 5 years, with a median of 19.77% in 2021.
- Annual changes were most pronounced in 2021 — Net Margin tumbled 12019 bps — and 2024, when it surged 11335 bps.
- Cheetah Mobile's Net Margin stood at 112.43% in 2021, then increased by 16 bps to 94.15% in 2022, then sank by 33 bps to 125.3% in 2023, then gained by 12 bps to 109.98% in 2024, then jumped by 41 bps to 64.96% in 2025.
- The last three Net Margin figures came in at 64.96% (Q4 2025), 3.39% (Q3 2025), and 2.92% (Q2 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Nebius | 1,913,603.98 Bn | 1,913,603.98 Bn | 295.20 Mn | 155.44% |
| 2 | Alphabet | 4,425.33 Bn | 4,209.71 Bn | 102.29 Bn | 56.94% |
| 3 | Meta Platforms | 1,502.66 Bn | 1,421.48 Bn | 46.09 Bn | 47.54% |
| 4 | Spotify Technology | 119.69 Bn | 109.44 Bn | 1.75 Bn | 15.91% |
| 5 | 33.22 Bn | 30.45 Bn | 511.94 Mn | 30.75% | |
| 6 | 13.64 Bn | 12.34 Bn | 768.96 Mn | -7.30% | |
| 7 | Kanzhun | 13.02 Bn | 10.92 Bn | 255.62 Bn | 55.91% |
| 8 | Snap | 9.72 Bn | 6.90 Bn | 1.29 Bn | -5.82% |
| 9 | Zillow | 8.26 Bn | 7.48 Bn | 519.00 Mn | 6.50% |
| 10 | Cheetah Mobile | 873.48 Mn | 686.23 Mn | 29.37 Mn | -64.96% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -64.96% |
| Sep 30, 2025 | 3.39% |
| Jun 30, 2025 | -2.92% |
| Mar 31, 2025 | -7.12% |
| Dec 31, 2024 | -109.98% |
| Sep 30, 2024 | -19.29% |
| Jun 30, 2024 | -35.30% |
| Mar 31, 2024 | -39.91% |
| Dec 31, 2023 | -125.30% |
| Sep 30, 2023 | -11.80% |
| Jun 30, 2023 | -148.65% |
| Mar 31, 2023 | -10.03% |
| Dec 31, 2022 | -94.15% |
| Dec 31, 2021 | -112.43% |
| Sep 30, 2021 | -19.77% |
| Jun 30, 2021 | 1.07% |
| Mar 31, 2021 | 46.77% |
| Dec 31, 2020 | 7.77% |
| Sep 30, 2020 | 89.59% |
| Jun 30, 2020 | 89.42% |