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.
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 -$8.4 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.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,083.83 Bn | 3,654.79 Bn | 73.85 Bn | 18.22 Bn |
| 2 | Meta Platforms | 1,456.07 Bn | 1,365.81 Bn | 49.47 Bn | 21.66 Bn |
| 3 | Spotify Technology | 111.71 Bn | 104.79 Bn | 1.86 Bn | 468.43 Mn |
| 4 | Nebius | 50.03 Bn | 40.93 Bn | 448.70 Mn | 191.00 Mn |
| 5 | 28.44 Bn | 25.65 Bn | 734.60 Mn | 231.28 Mn | |
| 6 | Bilibili | 13.59 Bn | 11.45 Bn | 433.97 Mn | -148.13 Mn |
| 7 | Tencent Music Entertainment | 12.71 Bn | 9.21 Bn | 582.00 Mn | -35.00 Mn |
| 8 | 12.21 Bn | 10.93 Bn | 922.30 Mn | 451.01 Mn | |
| 9 | Match | 9.45 Bn | 8.86 Bn | 648.84 Mn | 158.25 Mn |
| 10 | Cheetah Mobile | 101.52 Mn | -84.74 Mn | 24.15 Mn | -8.37 Mn |
Historic Data
Download Data
Historic 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 |