Cheetah Mobile Inc. (CMCM) Operating Margin (2013 - 2026)

Cheetah Mobile (CMCM) has reported Operating Margin for 14 consecutive years, with 10.92% the latest figure, recorded in Q1 2026.

• Operating Margin for Q1 2026 came in at 10.92%, down 68.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 15.89% (up 2002.0% YoY), and the FY2025 annual result was 15.6%, up 158.0% from the prior year.
• Operating Margin was 10.92% for Q1 2026 at Cheetah Mobile, up from 47.2% in the prior quarter.
• Over five years, Operating Margin peaked at 1.37% in Q3 2025 and troughed at 87.36% in Q4 2024.
• Average Operating Margin over 5 years is 28.36%, with a median of 24.84% recorded in 2023.
• Year-over-year, Operating Margin sank 5667 bps in 2024 and jumped 4016 bps in 2025.
• Over 5 years, Operating Margin stood at 18.88% in 2022, then slumped by 63 bps to 30.69% in 2023, then slumped by 185 bps to 87.36% in 2024, then jumped by 46 bps to 47.2% in 2025, then surged by 77 bps to 10.92% in 2026.
• Per Business Quant data, the three most recent Operating Margin figures were 10.92% in Q1 2026, 47.2% in Q4 2025, and 1.37% in Q3 2025.