Cheetah Mobile (CMCM) Operating Margin (2013 - 2026)
Cheetah Mobile's (CMCM) quarterly Operating Margin came in at 12.63% in Q2 2026, down 888.0% year-over-year from 1.6% in Q2 2025, and down 15.6% on a QoQ basis from 10.92% in Q1 2026.
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Analysis
Cheetah Mobile (CMCM) Operating Margin (2013 - 2026) Analysis & Trends
Cheetah Mobile (CMCM) has 14 years of Operating Margin data on file, last reported at 12.63% in Q2 2026.
- On a quarterly basis, Operating Margin fell 888.0% year-over-year to 12.63% in Q2 2026; TTM through Jun 2026 was 18.19%, a 1386.0% increase from a year earlier, with the FY2025 full-year figure at 15.6%, up 3859.0% from the prior year.
- Operating Margin for Q2 2026 stood at 12.63%, down from 10.92% in the prior quarter.
- Across five years, Operating Margin topped out at 1.37% in Q3 2025 and bottomed at 87.36% in Q4 2024.
- Historically, Operating Margin has averaged 27.31% across 5 years, with a median of 24.81% in 2023.
- The widest annual swing landed in 2024, when Operating Margin plunged 5667 bps; it then soared 4016 bps in 2025.
- Year by year, Operating Margin stood at 18.88% in 2022, then tumbled by 63 bps to 30.69% in 2023, then tumbled by 185 bps to 87.36% in 2024, then surged by 46 bps to 47.2% in 2025, then soared by 73 bps to 12.63% in 2026.
- Per Business Quant data, the three most recent Operating Margin figures were 12.63% in Q2 2026, 10.92% in Q1 2026, and 47.2% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Atlassian | 49.08 Bn | 47.84 Bn | 1.53 Bn | 11.93% |
| 2 | Dropbox | 7.45 Bn | 6.33 Bn | 506.50 Mn | 26.10% |
| 3 | Open Text | 5.57 Bn | 4.61 Bn | 1.01 Bn | 23.70% |
| 4 | Box | 4.51 Bn | 4.07 Bn | 253.97 Mn | 10.16% |
| 5 | Monday.Com | 4.35 Bn | 3.27 Bn | 321.96 Mn | -0.42% |
| 6 | Asana | 2.10 Bn | 1.88 Bn | 186.10 Mn | -19.05% |
| 7 | Cheetah Mobile | 81.58 Mn | -80.47 Mn | 24.85 Mn | -12.63% |
| 8 | Upland Software | 10.94 Mn | -20.73 Mn | 37.47 Mn | -60.43% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -12.63% |
| Mar 31, 2026 | -10.92% |
| Dec 31, 2025 | -47.20% |
| Sep 30, 2025 | 1.37% |
| Jun 30, 2025 | -3.75% |
| Mar 31, 2025 | -10.25% |
| Dec 31, 2024 | -87.36% |
| Sep 30, 2024 | -37.48% |
| Jun 30, 2024 | -20.53% |
| Mar 31, 2024 | -42.35% |
| Dec 31, 2023 | -30.69% |
| Sep 30, 2023 | -24.88% |
| Jun 30, 2023 | -39.30% |
| Mar 31, 2023 | -24.81% |
| Dec 31, 2022 | -18.88% |
| Dec 31, 2021 | -30.50% |
| Sep 30, 2021 | -32.23% |
| Jun 30, 2021 | -27.78% |
| Mar 31, 2021 | -28.49% |
| Dec 31, 2020 | -27.35% |
API Access
Cheetah Mobile Operating 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=operating-margin&ticker=CMCM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-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=operating-margin&ticker=CMCM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();