Cheetah Mobile (CMCM) Research & Development (2013 - 2026)
Cheetah Mobile's (CMCM) quarterly Research & Development came in at -$8.7 million in Q2 2026, up 7.51% year-over-year from -$8.1 million in Q2 2025, and down 3.5% on a QoQ basis from -$8.4 million in Q1 2026.
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Analysis
Cheetah Mobile (CMCM) Research & Development (2013 - 2026) Analysis & Trends
Cheetah Mobile (CMCM) has 14 years of Research & Development data on file, last reported at -$8.7 million in Q2 2026.
- On a quarterly basis, Research & Development rose 7.51% year-over-year to -$8.7 million in Q2 2026; TTM through Jun 2026 was -$48.0 million, a 32.54% decrease from a year earlier, with the FY2025 full-year figure at -$49.5 million, down 48.45% from the prior year.
- Research & Development for Q2 2026 stood at -$8.7 million, down from -$8.4 million in the prior quarter.
- Across five years, Research & Development topped out at -$6.3 million in Q3 2023 and bottomed at -$21.4 million in Q4 2025.
- Historically, Research & Development has averaged -$9.6 million across 5 years, with a median of -$8.7 million in 2026.
- The widest annual swing landed in 2024, when Research & Development advanced 25.35%; it then plunged 138.8% in 2025.
- Year by year, Research & Development stood at -$12.5 million in 2022, then increased by 3.49% to -$12.0 million in 2023, then advanced by 25.35% to -$9.0 million in 2024, then tumbled by 138.8% to -$21.4 million in 2025, then jumped by 59.58% to -$8.7 million in 2026.
- Per Business Quant data, the three most recent Research & Development figures were -$8.7 million in Q2 2026, -$8.4 million in Q1 2026, and -$21.4 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Atlassian | 49.08 Bn | 47.84 Bn | 1.53 Bn | 759.82 Mn |
| 2 | Dropbox | 7.45 Bn | 6.33 Bn | 506.50 Mn | 188.10 Mn |
| 3 | Open Text | 5.57 Bn | 4.61 Bn | 1.01 Bn | 308.36 Mn |
| 4 | Box | 4.51 Bn | 4.07 Bn | 253.97 Mn | 106.72 Mn |
| 5 | Monday.Com | 4.35 Bn | 3.27 Bn | 321.96 Mn | 99.31 Mn |
| 6 | Asana | 2.10 Bn | 1.88 Bn | 186.10 Mn | 104.38 Mn |
| 7 | Cheetah Mobile | 81.58 Mn | -80.47 Mn | 24.85 Mn | -8.66 Mn |
| 8 | Upland Software | 10.94 Mn | -20.73 Mn | 37.47 Mn | 9.51 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -8.66 Mn |
| 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 |
API Access
Cheetah Mobile Research & Development 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=research-and-development&ticker=CMCM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "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=research-and-development&ticker=CMCM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();