Cheetah Mobile CMCM
NYSE CMCM
$3.31 -0.05 (-1.47%)
As of: Aug 31, 2026 · 3:46 PM EDT

Cheetah Mobile (CMCM) Operating Expenses (2013 - 2026)

Cheetah Mobile's (CMCM) quarterly Operating Expenses came in at -$28.2 million in Q1 2026, up 5.12% YoY from -$26.9 million in Q1 2025, and up 43.75% on a QoQ basis from -$50.2 million in Q4 2025.

Analysis

Cheetah Mobile (CMCM) Operating Expenses (2013 - 2026) Analysis & Trends

Cheetah Mobile (CMCM) has 14 years of Operating Expenses data on file, last reported at -$28.2 million in Q1 2026.

  • Quarterly Operating Expenses rose 5.12% year-over-year to -$28.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$140.9 million (up 14.95% YoY) and the FY2025 annual result came in at $2.9 million, up 0.97% from the prior year.
  • Operating Expenses rose to -$28.2 million in Q1 2026, from -$50.2 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of -$21.5 million in Q3 2023 to a low of -$72.1 million in Q4 2022.
  • A 5-year average of -$37.1 million and a median of -$29.7 million in 2025 frame the typical range for Operating Expenses.
  • Annual changes were most pronounced in 2024 — Operating Expenses slumped 119.92% — and 2025, when it surged 40.21%.
  • Tracing CMCM's Operating Expenses over 5 years: stood at -$72.1 million in 2022, then surged by 38.36% to -$44.4 million in 2023, then retreated by 17.14% to -$52.0 million in 2024, then increased by 3.52% to -$50.2 million in 2025, then surged by 43.75% to -$28.2 million in 2026.
  • The last three Operating Expenses figures came in at -$28.2 million (Q1 2026), -$50.2 million (Q4 2025), and -$29.6 million (Q3 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Alphabet 4,083.83 Bn 3,654.79 Bn 73.85 Bn 79.03 Bn
2 Meta Platforms 1,456.07 Bn 1,365.81 Bn 49.47 Bn 42.03 Bn
3 Spotify Technology 111.71 Bn 104.79 Bn 1.86 Bn 640.46 Mn
4 Nebius 50.03 Bn 40.93 Bn 448.70 Mn 758.20 Mn
5 Reddit 28.44 Bn 25.65 Bn 734.60 Mn 573.19 Mn
6 Bilibili 13.59 Bn 11.45 Bn 433.97 Mn -379.21 Mn
7 Tencent Music Entertainment 12.71 Bn 9.21 Bn 582.00 Mn -191.00 Mn
8 Pinterest 12.21 Bn 10.93 Bn 922.30 Mn 1.23 Bn
9 Match 9.45 Bn 8.86 Bn 648.84 Mn 607.66 Mn
10 Cheetah Mobile 101.52 Mn -84.74 Mn 24.15 Mn -28.25 Mn
Historic Data

Historic Data

Download Data
DateValue
Mar 31, 2026 -28.25 Mn
Dec 31, 2025 -50.21 Mn
Sep 30, 2025 -29.56 Mn
Jun 30, 2025 -32.92 Mn
Mar 31, 2025 -29.77 Mn
Dec 31, 2024 -52.05 Mn
Sep 30, 2024 -28.84 Mn
Jun 30, 2024 -27.39 Mn
Mar 31, 2024 -26.86 Mn
Dec 31, 2023 -44.43 Mn
Sep 30, 2023 -21.49 Mn
Jun 30, 2023 -25.04 Mn
Mar 31, 2023 -22.88 Mn
Dec 31, 2022 -72.09 Mn
Dec 31, 2021 -53.33 Mn
Sep 30, 2021 -28.70 Mn
Jun 30, 2021 -34.07 Mn
Mar 31, 2021 -29.85 Mn
Dec 31, 2020 -41.59 Mn
Sep 30, 2020 -55.61 Mn