Cheetah Mobile (CMCM) Operating Leases (2015 - 2025)

Cheetah Mobile (CMCM) has reported Operating Leases for 11 consecutive years, with $20.0 million the latest figure, recorded in Q4 2025.

• For the quarter ending Q4 2025, Operating Leases fell 1.33% year-over-year to $20.0 million; the trailing twelve-month figure through Dec 2025 stood at $20.0 million (down 1.33% YoY), and the FY2025 full-year result was $20.3 million, up 1.68% from the prior year.
• Operating Leases eased to $20.0 million in Q4 2025 per CMCM's latest filing, from $20.3 million in the prior quarter.
• Across five years, Operating Leases topped out at $25.5 million in Q4 2022 and bottomed at -$5.9 million in Q4 2021.
• Historically, Operating Leases has averaged $16.2 million across 5 years, with a median of $20.3 million in 2024.
• The sharpest annual moves came in 2021 and 2022: Operating Leases sank 122.94% in 2021, then soared 532.0% in 2022.
• Over 5 years, Operating Leases stood at -$5.9 million in 2021, then jumped by 532.0% to $25.5 million in 2022, then dropped by 17.68% to $21.0 million in 2023, then retreated by 3.48% to $20.3 million in 2024, then declined by 1.33% to $20.0 million in 2025.
• According to Business Quant data, Operating Leases over the past three periods registered $20.0 million, $20.3 million, and $21.0 million for Q4 2025, Q4 2024, and Q4 2023 respectively.