Cheetah Mobile (CMCM) Net Margin (2013 - 2026)
Cheetah Mobile's (CMCM) quarterly Net Margin came in at 48.75% in Q2 2026, down 3824.0% year-over-year from 1.31% in Q2 2025, and down 167.39% on a QoQ basis from 18.23% in Q1 2026.
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Analysis
Cheetah Mobile (CMCM) Net Margin (2013 - 2026) Analysis & Trends
Cheetah Mobile (CMCM) has 14 years of Net Margin data on file, last reported at 48.75% in Q2 2026.
- On a quarterly basis, Net Margin fell 3824.0% year-over-year to 48.75% in Q2 2026; TTM through Jun 2026 was 37.56%, a 1388.0% increase from a year earlier, with the FY2025 full-year figure at 26.59%, up 4995.0% from the prior year.
- Net Margin for Q2 2026 stood at 48.75%, down from 18.23% in the prior quarter.
- Across five years, Net Margin topped out at 7.88% in Q3 2025 and bottomed at 155.01% in Q2 2023.
- Historically, Net Margin has averaged 57.61% across 5 years, with a median of 40.82% in 2024.
- The widest annual swing landed in 2024, when Net Margin jumped 12222 bps; it then plunged 3824 bps in 2026.
- Year by year, Net Margin stood at 83.66% in 2022, then plunged by 40 bps to 116.82% in 2023, then plunged by 32 bps to 154.7% in 2024, then surged by 54 bps to 71.18% in 2025, then surged by 32 bps to 48.75% in 2026.
- Per Business Quant data, the three most recent Net Margin figures were 48.75% in Q2 2026, 18.23% in Q1 2026, and 71.18% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Atlassian | 49.08 Bn | 47.84 Bn | 1.53 Bn | 7.87% |
| 2 | Dropbox | 7.45 Bn | 6.33 Bn | 506.50 Mn | 15.17% |
| 3 | Open Text | 5.57 Bn | 4.61 Bn | 1.01 Bn | 11.54% |
| 4 | Box | 4.51 Bn | 4.07 Bn | 253.97 Mn | 4.09% |
| 5 | Monday.Com | 4.35 Bn | 3.27 Bn | 321.96 Mn | 2.02% |
| 6 | Asana | 2.10 Bn | 1.88 Bn | 186.10 Mn | -18.09% |
| 7 | Cheetah Mobile | 81.58 Mn | -80.47 Mn | 24.85 Mn | -48.75% |
| 8 | Upland Software | 10.94 Mn | -20.73 Mn | 37.47 Mn | -74.97% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -48.75% |
| Mar 31, 2026 | -18.23% |
| Dec 31, 2025 | -71.18% |
| Sep 30, 2025 | -7.88% |
| Jun 30, 2025 | -10.51% |
| Mar 31, 2025 | -12.88% |
| Dec 31, 2024 | -154.70% |
| Sep 30, 2024 | -40.82% |
| Jun 30, 2024 | -32.79% |
| Mar 31, 2024 | -42.07% |
| Dec 31, 2023 | -116.82% |
| Sep 30, 2023 | -34.58% |
| Jun 30, 2023 | -155.01% |
| Mar 31, 2023 | -34.26% |
| Dec 31, 2022 | -83.66% |
| Dec 31, 2021 | -124.74% |
| Sep 30, 2021 | -25.22% |
| Jun 30, 2021 | 0.43% |
| Mar 31, 2021 | 45.90% |
| Dec 31, 2020 | 25.23% |
API Access
Cheetah Mobile Net 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=net-margin&ticker=CMCM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-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=net-margin&ticker=CMCM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();