Cheetah Mobile (CMCM) Research & Development (2013 - 2026)
Cheetah Mobile's (CMCM) quarterly Research & Development came in at -$8.4 million in Q1 2026, up 0.85% YoY from -$8.3 million in Q1 2025, and up 60.95% on a QoQ basis from -$21.4 million in Q4 2025.
Cheetah Mobile (CMCM) Research & Development (2013 - 2026) Analysis & Trends
Cheetah Mobile (CMCM) has 14 years of Research & Development data on file, last reported at -$8.4 million in Q1 2026.
- Quarterly Research & Development rose 0.85% year-over-year to -$8.4 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$48.7 million (down 41.9% YoY) and the FY2025 annual result came in at $51.9 million, up 10.57% from the prior year.
- Research & Development advanced to -$8.4 million in Q1 2026, from -$21.4 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of -$6.3 million in Q3 2023 to a low of -$21.4 million in Q4 2025.
- A 5-year average of -$9.7 million and a median of -$8.7 million in 2024 frame the typical range for Research & Development.
- Annual changes were most pronounced in 2024 — Research & Development gained 25.35% — and 2025, when it tumbled 138.8%.
- Tracing CMCM's Research & Development over 5 years: stood at -$12.5 million in 2022, then gained by 3.49% to -$12.0 million in 2023, then grew by 25.35% to -$9.0 million in 2024, then tumbled by 138.8% to -$21.4 million in 2025, then surged by 60.95% to -$8.4 million in 2026.
- The last three Research & Development figures came in at -$8.4 million (Q1 2026), -$21.4 million (Q4 2025), and -$9.5 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,255.28 Bn | 3,826.24 Bn | 73.85 Bn | 18.22 Bn |
| 2 | Meta Platforms | 1,552.50 Bn | 1,462.24 Bn | 49.47 Bn | 21.66 Bn |
| 3 | Taboola.com | 1,147.41 Bn | 1,147.28 Bn | 139.48 Mn | 67.16 Mn |
| 4 | Baidu | 288.87 Bn | 284.38 Bn | 1.88 Mn | 635.00 Mn |
| 5 | Spotify Technology | 104.29 Bn | 94.05 Bn | 1.75 Bn | 387.52 Mn |
| 6 | Joyy | 78.58 Bn | 77.69 Bn | 205.64 Mn | -61.54 Mn |
| 7 | BILI Social International | 60.58 Bn | 60.58 Bn | 405,933.00 | - |
| 8 | Nebius | 49.09 Bn | 39.47 Bn | 295.20 Mn | 67.40 Mn |
| 9 | 30.80 Bn | 28.01 Bn | 734.60 Mn | 231.28 Mn | |
| 10 | Cheetah Mobile | 4.47 Bn | 4.28 Bn | 24.15 Mn | -8.37 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -8.37 Mn |
| Dec 31, 2025 | -21.43 Mn |
| Sep 30, 2025 | -9.55 Mn |
| Jun 30, 2025 | -9.36 Mn |
| Mar 31, 2025 | -8.44 Mn |
| Dec 31, 2024 | -8.97 Mn |
| Sep 30, 2024 | -9.44 Mn |
| Jun 30, 2024 | -7.47 Mn |
| Mar 31, 2024 | -7.94 Mn |
| Dec 31, 2023 | -12.02 Mn |
| Sep 30, 2023 | -6.33 Mn |
| Jun 30, 2023 | -6.77 Mn |
| Mar 31, 2023 | -6.64 Mn |
| Dec 31, 2022 | -12.46 Mn |
| Dec 31, 2021 | -14.24 Mn |
| Sep 30, 2021 | -8.60 Mn |
| Jun 30, 2021 | -7.32 Mn |
| Mar 31, 2021 | -11.18 Mn |
| Dec 31, 2020 | -13.05 Mn |
| Sep 30, 2020 | -17.33 Mn |