What is Cheetah Mobile Inc's earnings per share (EPS)?

Cheetah Mobile Inc (CMCM) reported diluted earnings per share of $-0.03 for fiscal year 2025. This represents a 55.8% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Cheetah Mobile Inc Financials

CMCM

Source SEC Filings (10-K/10-Q) Updated Dec 31, 2025 Currency USD FYE December

This page shows Cheetah Mobile Inc (CMCM) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 12 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI CMCM FY2024 2026-04-23

Gross profit resilience is being overwhelmed by a heavier operating cost structure, while the balance sheet leans more on liabilities.

The gross margin improved to 67.6% from 65.4%, so the product-level economics did not deteriorate. But operating margin still fell to -54.2% from -31.3%, showing the drag sits below gross profit in overhead and cost absorption rather than in direct delivery costs.

Cash conversion has been unstable: a net loss near -$85M still produced $77.5M of operating cash in one year, breaking the usual link between profit and cash. When a similarly sized loss later came with operating cash flow of -$32.6M, it suggested that earlier inflow was more timing-driven than a durable cash engine for the underlying business.

Balance-sheet funding has become more liability-heavy: debt-to-equity rose to 1.7x from 1.2x as equity kept shrinking under repeated losses. The current ratio also slipped to 1.2x, meaning more short-term obligations must be covered by assets that are not all cash, despite a cash balance of $251.1M and leaving less room for operating volatility.

Financial Health Signals

Financial Profile 29/100

Based on FY2025 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →

Health score ≠ stock price. This rates the quality of Cheetah Mobile Inc's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability

Cheetah Mobile Inc has an operating margin of -15.6%, meaning the company retains $-16 of operating profit per $100 of revenue. This below-average margin results in a low score of 0/100, suggesting thin profitability after operating expenses. This is up from -54.2% the prior year.

Growth

Cheetah Mobile Inc's revenue surged 48.8% year-over-year to $164.5M, reflecting rapid business expansion. This strong growth earns a score of 87/100.

Leverage

Cheetah Mobile Inc carries a low D/E ratio of 1.70, meaning only $1.70 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 67/100, indicating a strong balance sheet with room for future borrowing.

Liquidity

Cheetah Mobile Inc's current ratio of 1.27 is below the typical benchmark, resulting in a score of 21/100. However, the company holds substantial cash reserves (59% of current liabilities), which buffers actual liquidity risk. Large mature operators often run tight current ratios by design.

Returns

Cheetah Mobile Inc generates a -16.0% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 0/100. This is up from -32.5% the prior year.

Piotroski F-Score Neutral

5/9

Cheetah Mobile Inc passes 5 of 9 financial strength tests. 2 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Low Quality

0.67x

For every $1 of reported earnings, Cheetah Mobile Inc generates $0.67 in operating cash flow (-$24.6M OCF vs -$36.9M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.

Key Financial Metrics

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Earnings & Revenue

Revenue

$164.5M

YoY+48.8%

5Y CAGR-7.1%

10Y CAGR-11.7%

Cheetah Mobile Inc generated $164.5M in revenue in fiscal year 2025. This represents an increase of 48.8% from the prior year.

EBITDA

-$4.6M

YoY+91.3%

Cheetah Mobile Inc's EBITDA was -$4.6M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 91.3% from the prior year.

Net Income

-$36.9M

YoY+56.4%

Cheetah Mobile Inc reported -$36.9M in net income in fiscal year 2025. This represents an increase of 56.4% from the prior year.

EPS (Diluted)

$-0.03

YoY+55.8%

Cheetah Mobile Inc earned $-0.03 per diluted share (EPS) in fiscal year 2025. This represents an increase of 55.8% from the prior year.

Cash & Balance Sheet

Free Cash Flow

N/A

Cash & Debt

$215.4M

YoY-14.2%

5Y CAGR+1.6%

10Y CAGR-2.1%

Cheetah Mobile Inc held $215.4M in cash against $0 in long-term debt as of fiscal year 2025.

Dividends Per Share

N/A

Shares Outstanding

511M

Cheetah Mobile Inc had 511M shares outstanding in fiscal year 2025.

Margins & Returns

Gross Margin

72.5%

YoY+4.9pp

5Y CAGR+3.1pp

10Y CAGR-2.1pp

Cheetah Mobile Inc's gross margin was 72.5% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is up 4.9 percentage points from the prior year.

Operating Margin

-15.6%

YoY+38.6pp

5Y CAGR+18.6pp

10Y CAGR-21.2pp

Cheetah Mobile Inc's operating margin was -15.6% in fiscal year 2025, reflecting core business profitability. This is up 38.6 percentage points from the prior year.

Net Margin

-22.4%

YoY+54.1pp

5Y CAGR-49.2pp

10Y CAGR-27.2pp

Cheetah Mobile Inc's net profit margin was -22.4% in fiscal year 2025, showing the share of revenue converted to profit. This is up 54.1 percentage points from the prior year.

Return on Equity

-16.0%

YoY+16.5pp

5Y CAGR-27.1pp

10Y CAGR-22.1pp

Cheetah Mobile Inc's ROE was -16.0% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 16.5 percentage points from the prior year.

Capital Allocation

R&D Spending

N/A

Share Buybacks

N/A

Capital Expenditures

N/A

CMCM Income Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	$164.5M+48.8%	$110.5M+17.2%	$94.3M-26.4%	$128.2M+4.1%	$123.1M-48.3%	$238.0M
Cost of Revenue	$45.2M+26.2%	$35.9M+9.7%	$32.7M-10.8%	$36.6M-9.4%	$40.4M-44.5%	$72.9M
Gross Profit	$119.3M+59.7%	$74.7M+21.2%	$61.6M-32.7%	$91.6M+10.7%	$82.7M-49.9%	$165.1M
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$38.1M+13.8%	$33.5M+3.6%	$32.3M+4.0%	$31.1M+3.2%	$30.1M-48.4%	$58.3M
Operating Income	-$25.7M+57.2%	-$59.9M-102.7%	-$29.6M+9.6%	-$32.7M+9.2%	-$36.0M+55.7%	-$81.4M
Interest Expense	N/A	N/A	N/A	N/A	N/A	N/A
Income Tax	$1.2M-81.3%	$6.5M+205.0%	-$6.2M-69.5%	-$3.6M-270.1%	$2.1M-85.6%	$14.9M
Net Income	-$36.9M+56.4%	-$84.6M+0.4%	-$84.9M-14.1%	-$74.4M-35.1%	-$55.1M-186.3%	$63.9M
EPS (Diluted)	$-0.03+55.8%	$-0.06+1.2%	$-0.06-9.9%	$-0.05-35.3%	$-0.04-188.6%	$0.04

Metric	Q4'25	Q4'24	Q4'23	Q4'22	Q4'21	Q4'20	Q4'19	Q4'18
Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Income Tax	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
EPS (Diluted)	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

CMCM Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	$669.8M-11.2%	$754.1M-5.0%	$793.4M+6.5%	$745.1M-4.6%	$781.2M-9.2%	$860.3M
Current Assets	$462.4M-10.7%	$517.8M+6.0%	$488.3M+7.8%	$452.9M+11.1%	$407.8M-9.7%	$451.6M
Cash & Equivalents	$215.4M-14.2%	$251.1M-11.7%	$284.5M+29.5%	$219.8M-11.6%	$248.6M+24.8%	$199.2M
Inventory	$7.7M-5.5%	$8.1M+42.0%	$5.7M+136.1%	$2.4M+0.1%	$2.4M-34.4%	$3.7M
Accounts Receivable	$66.9M+3.2%	$64.9M+14.9%	$56.5M+37.3%	$41.1M+53.9%	$26.7M-22.7%	$34.6M
Goodwill	$65.8M+13.2%	$58.1M-28.5%	$81.3M	N/A	N/A	N/A
Total Liabilities	$389.7M-13.7%	$451.7M+7.9%	$418.7M+41.9%	$295.0M+16.2%	$253.9M-9.2%	$279.7M
Current Liabilities	$364.6M-13.7%	$422.2M+9.9%	$384.3M+49.0%	$257.9M+21.4%	$212.5M-11.8%	$241.0M
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$229.9M-11.7%	$260.4M-24.7%	$345.9M-21.3%	$439.8M-14.5%	$514.6M-10.4%	$574.3M
Retained Earnings	-$213.2M-26.3%	-$168.9M-95.5%	-$86.4M-6221.7%	-$1.4M-101.7%	$79.3M-39.7%	$131.4M

Metric	Q4'25	Q4'24	Q4'23	Q4'22	Q4'21	Q4'20	Q4'19	Q4'18
Total Assets	$669.8M-11.2%	$754.1M-5.0%	$793.4M+6.5%	$745.1M-4.6%	$781.2M-9.2%	$860.3M-14.6%	$1.0B-16.5%	$1.2B
Current Assets	$462.4M-10.7%	$517.8M+6.0%	$488.3M+7.8%	$452.9M+11.1%	$407.8M-9.7%	$451.6M-21.3%	$573.6M-29.2%	$809.8M
Cash & Equivalents	$215.4M-14.2%	$251.1M-11.7%	$284.5M+29.5%	$219.8M-11.6%	$248.6M+24.8%	$199.2M+41.1%	$141.2M-65.1%	$404.9M
Inventory	$7.7M-5.5%	$8.1M+42.0%	$5.7M+136.1%	$2.4M+0.1%	$2.4M-34.4%	$3.7M-17.9%	$4.5M+153.0%	$1.8M
Accounts Receivable	$66.9M+3.2%	$64.9M+14.9%	$56.5M+37.3%	$41.1M+53.9%	$26.7M-22.7%	$34.6M-48.7%	$67.4M-29.3%	$95.3M
Goodwill	$65.8M+13.2%	$58.1M-28.5%	$81.3M	N/A	N/A	N/A	N/A	$89.9M
Total Liabilities	$389.7M-13.7%	$451.7M+7.9%	$418.7M+41.9%	$295.0M+16.2%	$253.9M-9.2%	$279.7M-3.5%	$289.8M-0.9%	$292.4M
Current Liabilities	$364.6M-13.7%	$422.2M+9.9%	$384.3M+49.0%	$257.9M+21.4%	$212.5M-11.8%	$241.0M-3.9%	$250.7M-6.1%	$267.0M
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$229.9M-11.7%	$260.4M-24.7%	$345.9M-21.3%	$439.8M-14.5%	$514.6M-10.4%	$574.3M-18.9%	$708.5M-11.1%	$796.5M
Retained Earnings	-$213.2M-26.3%	-$168.9M-95.5%	-$86.4M-6221.7%	-$1.4M-101.7%	$79.3M-39.7%	$131.4M-53.0%	$279.4M-29.0%	$393.6M

CMCM Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	-$24.6M+24.6%	-$32.6M-142.1%	$77.5M+226.0%	-$61.5M-481.3%	$16.1M+328.2%	-$7.1M
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	-$9.4M-100.8%	-$4.7M+32.4%	-$6.9M-125.2%	$27.4M-20.9%	$34.7M-88.0%	$288.2M
Financing Cash Flow	-$9.2M-197.0%	$9.5M+1091.5%	-$955K-35.3%	-$706K+53.3%	-$1.5M+99.3%	-$222.3M
Dividends Paid	N/A	N/A	$61.3M	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q4'25	Q4'24	Q4'23	Q4'22	Q4'21	Q4'20	Q4'19	Q4'18
Operating Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Financing Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

CMCM Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Gross Margin	72.5%+4.9pp	67.6%+2.2pp	65.4%-6.1pp	71.4%+4.3pp	67.2%-2.2pp	69.4%
Operating Margin	-15.6%+38.6pp	-54.2%-22.9pp	-31.3%-5.8pp	-25.5%+3.7pp	-29.3%+4.9pp	-34.2%
Net Margin	-22.4%+54.1pp	-76.5%+13.5pp	-90.0%-32.0pp	-58.1%-13.3pp	-44.8%-71.6pp	26.8%
Return on Equity	-16.0%+16.5pp	-32.5%-7.9pp	-24.6%-7.6pp	-16.9%-6.2pp	-10.7%-21.8pp	11.1%
Return on Assets	-5.5%+5.7pp	-11.2%-0.5pp	-10.7%-0.7pp	-10.0%-2.9pp	-7.0%-14.5pp	7.4%
Current Ratio	1.27+0.0	1.23-0.0	1.27-0.5	1.76-0.2	1.92+0.0	1.87
Debt-to-Equity	1.70-0.0	1.73+0.5	1.21+0.5	0.67+0.2	0.490.0	0.49
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q4'25	Q4'24	Q4'23	Q4'22	Q4'21	Q4'20	Q4'19	Q4'18
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Equity	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Assets	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Current Ratio	1.27+0.0	1.23-0.0	1.27-0.5	1.76-0.2	1.92+0.0	1.87-0.4	2.29-0.7	3.03
Debt-to-Equity	1.70-0.0	1.73+0.5	1.21+0.5	0.67+0.2	0.490.0	0.49+0.1	0.41+0.0	0.37
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

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Frequently Asked Questions

What is Cheetah Mobile Inc's annual revenue?

Cheetah Mobile Inc (CMCM) reported $164.5M in total revenue for fiscal year 2025. This represents a 48.8% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Cheetah Mobile Inc's revenue growing?

Cheetah Mobile Inc (CMCM) revenue grew by 48.8% year-over-year, from $110.5M to $164.5M in fiscal year 2025.

Is Cheetah Mobile Inc profitable?

No, Cheetah Mobile Inc (CMCM) reported a net income of -$36.9M in fiscal year 2025, with a net profit margin of -22.4%.

What is Cheetah Mobile Inc's EBITDA?

Cheetah Mobile Inc (CMCM) had EBITDA of -$4.6M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

What is Cheetah Mobile Inc's gross margin?

Cheetah Mobile Inc (CMCM) had a gross margin of 72.5% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is Cheetah Mobile Inc's operating margin?

Cheetah Mobile Inc (CMCM) had an operating margin of -15.6% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is Cheetah Mobile Inc's net profit margin?

Cheetah Mobile Inc (CMCM) had a net profit margin of -22.4% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is Cheetah Mobile Inc's return on equity (ROE)?

Cheetah Mobile Inc (CMCM) has a return on equity of -16.0% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Cheetah Mobile Inc's operating cash flow?

Cheetah Mobile Inc (CMCM) generated -$24.6M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Cheetah Mobile Inc's total assets?

Cheetah Mobile Inc (CMCM) had $669.8M in total assets as of fiscal year 2025, including both current and long-term assets.

How many shares does Cheetah Mobile Inc have outstanding?

Cheetah Mobile Inc (CMCM) had 511M shares outstanding as of fiscal year 2025.

What is Cheetah Mobile Inc's current ratio?

Cheetah Mobile Inc (CMCM) had a current ratio of 1.27 as of fiscal year 2025, which is considered adequate.

What is Cheetah Mobile Inc's debt-to-equity ratio?

Cheetah Mobile Inc (CMCM) had a debt-to-equity ratio of 1.70 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Cheetah Mobile Inc's return on assets (ROA)?

Cheetah Mobile Inc (CMCM) had a return on assets of -5.5% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Cheetah Mobile Inc's cash runway?

Based on fiscal year 2025 data, Cheetah Mobile Inc (CMCM) had $215.4M in cash against an annual operating cash burn of $24.6M. This gives an estimated cash runway of approximately 105 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.

What is Cheetah Mobile Inc's Piotroski F-Score?

Cheetah Mobile Inc (CMCM) has a Piotroski F-Score of 5 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Cheetah Mobile Inc's earnings high quality?

Cheetah Mobile Inc (CMCM) has an earnings quality ratio of 0.67x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

How financially healthy is Cheetah Mobile Inc?

Cheetah Mobile Inc (CMCM) scores 29 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.