Cheetah Mobile (CMCM) Payables (2013 - 2025)
Cheetah Mobile (CMCM) reported Payables of $29.8 million for Q4 2025, down 2.36% on a YoY basis from $30.6 million in Q4 2024, and up 3.02% quarter-over-quarter from $29.0 million in Q3 2025.
Cheetah Mobile (CMCM) Payables (2013 - 2025) Analysis & Trends
Cheetah Mobile has reported Payables for 13 years, with the latest figure at $29.8 million in Q4 2025.
- For the quarter ending Q4 2025, Payables fell 2.36% year-over-year to $29.8 million; the trailing twelve-month figure through Dec 2025 stood at $29.8 million (down 2.36% YoY), and the FY2025 full-year result was $29.8 million, down 0.78% from the prior year.
- Payables for Q4 2025 stood at $29.8 million, up from $29.0 million in the prior quarter.
- The five-year high for Payables was $31.4 million in Q2 2025, with the low at $16.7 million in Q2 2021.
- Historically, Payables has averaged $23.6 million across 5 years, with a median of $23.2 million in 2023.
- Annual changes were most pronounced in 2021 — Payables declined 17.75% — and 2025, when it surged 42.74%.
- Cheetah Mobile's Payables stood at $21.1 million in 2021, then decreased by 11.36% to $18.7 million in 2022, then jumped by 30.12% to $24.3 million in 2023, then climbed by 25.63% to $30.6 million in 2024, then fell by 2.36% to $29.8 million in 2025.
- The last three Payables figures came in at $29.8 million (Q4 2025), $29.0 million (Q3 2025), and $31.4 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Nebius | 1,913,603.98 Bn | 1,913,603.98 Bn | 295.20 Mn | 621.70 Mn |
| 2 | Alphabet | 4,425.33 Bn | 4,209.71 Bn | 102.29 Bn | 16.85 Bn |
| 3 | Meta Platforms | 1,502.66 Bn | 1,421.48 Bn | 46.09 Bn | 13.33 Bn |
| 4 | Spotify Technology | 119.69 Bn | 109.44 Bn | 1.75 Bn | 1.46 Bn |
| 5 | 33.22 Bn | 30.45 Bn | 511.94 Mn | 51.74 Mn | |
| 6 | 13.64 Bn | 12.34 Bn | 768.96 Mn | 74.98 Mn | |
| 7 | Kanzhun | 13.02 Bn | 10.92 Bn | 255.62 Bn | - |
| 8 | Snap | 9.72 Bn | 6.90 Bn | 1.29 Bn | 285.31 Mn |
| 9 | Zillow | 8.26 Bn | 7.48 Bn | 519.00 Mn | 68.00 Mn |
| 10 | Cheetah Mobile | 873.48 Mn | 686.23 Mn | 29.37 Mn | 29.85 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 29.85 Mn |
| Sep 30, 2025 | 28.97 Mn |
| Jun 30, 2025 | 31.39 Mn |
| Mar 31, 2025 | 30.28 Mn |
| Dec 31, 2024 | 30.57 Mn |
| Sep 30, 2024 | 25.13 Mn |
| Jun 30, 2024 | 21.99 Mn |
| Mar 31, 2024 | 24.53 Mn |
| Dec 31, 2023 | 24.33 Mn |
| Jun 30, 2023 | 17.95 Mn |
| Dec 31, 2022 | 18.70 Mn |
| Jun 30, 2022 | 17.59 Mn |
| Dec 31, 2021 | 21.10 Mn |
| Sep 30, 2021 | 20.15 Mn |
| Jun 30, 2021 | 16.68 Mn |
| Mar 31, 2021 | 18.06 Mn |
| Dec 31, 2020 | 15.97 Mn |
| Sep 30, 2020 | 21.95 Mn |
| Jun 30, 2020 | 20.28 Mn |
| Mar 31, 2020 | 21.49 Mn |