Advertising Revenue was Cheer Holding’s largest product and service line in fiscal 2025, bringing in $146.11M of $148.84M (98%).
| Product and Service | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|
| Advertising Revenue | $152.09M | $149.05M | $144.29M | $146.11M | |
| Customized Content Production Revenue | — | — | — | — | |
| Copyrights Revenue | $4.22M | $3.04M | $2.62M | $2.63M | |
| Cheers E-Mall Marketplace Service Revenue | $306.00K | $232.00K | $207.00K | $51.00K | |
| Other Revenue | $470.00K | $14.00K | $84.00K | $51.00K | |
| Total | $157.08M | $152.33M | $147.20M | $148.84M |
Cheer Holding brought in $148.84M from its four product and service lines in fiscal 2025, the year ended December 31, 2025. That was up 1.1% from $147.20M in fiscal 2024. Advertising Revenue was the largest at $146.11M (98.2%), ahead of Copyrights Revenue at $2.63M (1.8%) and Cheers E-Mall Marketplace Service Revenue at $51.00K (0.0%). The remaining line, Other Revenue, brought in $51.00K.
From fiscal 2022 to 2025, combined revenue from these lines fell from $157.08M to $148.84M, a compound annual decline of 1.8%. Advertising Revenue's share of the total rose from 96.8% to 98.2%.
Services Transferred Over Time was Cheer Holding’s largest revenue line in fiscal 2025, bringing in $148.73M of $148.84M (100%).
| Timing of Transfer of Good or Service | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|
| Services Transferred Over Time | $156.30M | $152.08M | $146.91M | $148.73M | |
| Services Transferred At A Point In Time | $306.00K | $232.00K | $207.00K | $51.00K | |
| Goods Transferred At A Point In Time | $470.00K | $14.00K | $84.00K | $51.00K | |
| Total | $157.08M | $152.33M | $147.20M | $148.84M |
Cheer Holding brought in $148.84M from its three revenue lines in fiscal 2025, the year ended December 31, 2025. That was up 1.1% from $147.20M in fiscal 2024. Services Transferred Over Time was the largest at $148.73M (99.9%), ahead of Services Transferred At A Point In Time at $51.00K (0.0%) and Goods Transferred At A Point In Time at $51.00K (0.0%).
From fiscal 2022 to 2025, combined revenue from these revenue lines fell from $157.08M to $148.84M, a compound annual decline of 1.8%. Services Transferred Over Time's share held steady at about 99.9%.
Cheers App Internet Business was Cheer Holding’s largest segment in fiscal 2025, bringing in $137.48M of $148.84M (92%).
| Segment | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|
| Cheers App Internet Business | $144.05M | $141.01M | $135.80M | $137.48M | |
| Traditional Media Business | $13.03M | $11.32M | $11.40M | $11.35M | |
| Total | $157.08M | $152.33M | $147.20M | $148.84M |
Cheer Holding brought in $148.84M from its two segments in fiscal 2025, the year ended December 31, 2025. That was up 1.1% from $147.20M in fiscal 2024. Cheers App Internet Business was the largest at $137.48M (92.4%), ahead of Traditional Media Business at $11.35M (7.6%).
Compared with fiscal 2024, Cheers App Internet Business grew 1.2% to $137.48M, while Traditional Media Business fell 0.4% to $11.35M. From fiscal 2022 to 2025, combined revenue from these segments fell from $157.08M to $148.84M, a compound annual decline of 1.8%. Cheers App Internet Business' share of the total rose from 91.7% to 92.4%.
Cheer Holding (CHR) reports its revenue by product and service, by timing of transfer of good or service and by segment. In fiscal 2025, Advertising Revenue was its largest product and service line, bringing in $146.11M (98.2% of the total), followed by Copyrights Revenue at $2.63M (1.8%).
Advertising Revenue was Cheer Holding's largest product and service line in fiscal 2025, bringing in $146.11M, or 98.2% of the $148.84M total across its four product and service lines.
Services Transferred Over Time was Cheer Holding's largest revenue line in fiscal 2025, bringing in $148.73M, or 99.9% of the $148.84M total across its three revenue lines.
Cheers App Internet Business was Cheer Holding's largest segment in fiscal 2025, bringing in $137.48M, or 92.4% of the $148.84M total across its two segments.
Cheers App Internet Business grew faster than Traditional Media Business in fiscal 2025, up 1.2% from $135.80M to $137.48M. Traditional Media Business fell 0.4% to $11.35M.
Every figure comes from Cheer Holding's annual financial filings, as reported. Each line keeps the name Cheer Holding gives it, and years follow its fiscal calendar.
Cheer Holding's revenue by product and service goes back to fiscal 2021, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.