CMCM

Services of cloud and AI infrastructure revenue increased 83.1% year over year and 26.2% quarter over quarter, accounting for 72.8% of Global Enterprise Services revenue and 22.2% of total revenues and making a positive contribution to the adjusted operating results of Global Enterprise Services. Robotics and others revenue increased 72.5% year over year and 6.4% quarter over quarter, accounting for 20.5% of total revenues. BEIJING, Sept. 10, 2026 /PRNewswire/ -- Cheetah Mobile Inc. ("Cheetah Mobile" or the "Company") (NYSE: CMCM), a China-based IT company with a commitment to AI innovation, today announced its unaudited consolidated financial results for the quarter ended June 30, 2026. Financial Highlights Total revenues were RMB266.1 million (US$39.2 million) in the second quarter of 2026, representing a decrease of 9.9% year over year and an increase of 2.7% quarter over quarter. Balance Sheet As of June 30, 2026, the Company had RMB1,271.0 million (US$187.3 million) in cash and cash equivalents. Management Commentary Fu Sheng, Chief Executive Officer of Cheetah Mobile, commented: "During the second quarter, we continued to evolve our business mix, with revenue from services of cloud and AI infrastructure within Global Enterprise Services growing 83.1% year over year, driven by demand from enterprises expanding overseas for cloud and AI infrastructure services, accounting for 22.2% total revenues in the quarter. Gross billings[1] from services of cloud and AI infrastructure exceeded RMB500 million during the quarter, compared with about RMB200 million in the same period last year and about RMB300 million in the previous quarter, reflecting the rapid expansion of customer demand and business scale. Robotics and others revenue increased 72.5% year over year and accounted for 20.5% of total revenues in the quarter, with new initiatives such as smart mobility beginning to contribute revenue. The growth of these AI-related businesses underscores the progress of our AI-driven transformation. Internet Services remained a stable foundation for our business. Internet value-added services revenue increased both year over year and sequentially and represented 77.6% of segment revenue. While advertising agency services revenue within Global Enterprise Services remained under pressure, growth in services of cloud and AI infrastructure and Robotics and others supported the Company's return to sequential revenue growth while strengthening our foundation for future growth." Thomas Ren, Chief Financial Officer of Cheetah Mobile, commented: "Second-quarter revenue increased 2.7% sequentially. Operating loss was RMB33.6 million, compared with RMB28.3 million in the previous quarter, while non-GAAP operating loss remained relatively stable at RMB25.6 million, compared with RMB22.5 million in the previous quarter. The sequential movement in non-GAAP operating loss reflected higher adjusted operating profit in Internet Services, offset by lower adjusted operating profit in Global Enterprise Services resulting from lower advertising agency services revenue, as well as a wider adjusted operating loss in Robotics and others. Adjusted operating profit from Internet Services increased 14.2% year over year and 67.2% sequentially, with adjusted operating margin improving to 19.4%. Services of cloud and AI infrastructure continued to scale rapidly. However, the growth of cloud and AI infrastructure services partially offset the negative impact of lower advertising agency services revenue on the segment's adjusted operating profit. We ended the quarter with US$187.3 million in cash and cash equivalents, providing us with the flexibility to invest prudently in our AI and robotics businesses." Second Quarter 2026 Financial Results Total revenues decreased 9.9% year over year and increased 2.7% quarter over quarter to RMB266.1 million (US$39.2 million). Internet Services revenue decreased 17.3% year over year and 3.4% quarter over quarter to RMB130.5 million (US$19.2 million). Global Enterprise Services revenue decreased 23.3% year over year and increased 11.5% quarter over quarter to RMB81.1 million (US$12.0 million). Robotics and others revenue increased 72.5% year over year and 6.4% quarter over quarter to RMB54.5 million (US$8.0 million). Operating loss was RMB33.6 million (US$5.0 million), compared with RMB11.1 million in the same period last year and RMB28.3 million in the first quarter of 2026. Non-GAAP operating loss was RMB25.6 million (US$3.8 million), compared with RMB2.1 million in the same period last year and RMB22.5 million in the first quarter of 2026. The year-over-year increase primarily reflected lower advertising agency services revenue within the Global Enterprise Services segment. Adjusted operating profit from Internet Services was RMB25.4 million, increasing by 14.2% year over year and 67.2% quarter over quarter. Adjusted operating margin for the segment expanded to 19.4%, compared with 14.1% in the same period last year and 11.3% in the first quarter of 2026. Adjusted operating profit from Global Enterprise Services was RMB9.3 million, decreasing by 80.7% year over year and 32.0% quarter over quarter, primarily reflecting lower advertising agency services revenue. The continued strong growth of services of cloud and AI infrastructure provided a positive contribution to the segment's adjusted operating results. Adjusted operating loss from Robotics and others was RMB34.0 million, narrowing by 35.5% from RMB52.7 million in the same period last year, but widening from RMB26.9 million in the first quarter of 2026, as the Company continued to invest in the development and commercialization of its robotics businesses. Conference Call Information Cheetah Mobile's management will hold an earnings conference call at 11:30 AM on Friday, September 11, 2026, Beijing Time (11:30 PM on Thursday, September 10, 2026, U.S. Eastern Time). Main Conference:Tencent Meeting ID: 175-882-665 Meeting Link: https://cmcm.meeting.tencent.com/dm/3QuXIZPgSezq Dial-in Numbers:United States: +1 4153389272Mainland China: +86 (0)755 36550000Hong Kong: +852 30088359 English Interpretation:Tencent Meeting ID: 845-329-676 Meeting Link: https://cmcm.meeting.tencent.com/dm/t07drnN5B7fM Dial-in Numbers:United States: +1 4153389272Mainland China: +86 (0)755 36550000Hong Kong Toll Free: +852 30088359 Exchange Rate Unless otherwise noted, all translations from Renminbi to U.S. dollars were made at a rate of RMB6.7851 to US$1.00, the exchange rate in effect as of June 30, 2026, as set forth in the H.10 statistical release of the Federal Reserve Board. Such translations should not be construed as representations that RMB amounts could be converted into U.S. dollars at that rate or any other rate. About Cheetah Mobile Inc. Cheetah Mobile is a China-based IT company with a commitment to AI innovation. It has developed and launched a diversified suite of software products for PCs and mobile devices, designed to address users' needs in document processing, system optimization, image editing and web browsing, AI agent products, among others. Cheetah Mobile provides advertising services to advertisers worldwide, value-added services including the sale of premium membership to its users, services of cloud and AI infrastructure to companies globally, as well as robotic products to international clients. At the same time, it actively engages in research and development of advanced technologies to empower its products and services. Cheetah Mobile has been listed on the New York Stock Exchange since May 2014. Safe Harbor Statement This press release contains forward-looking statements. These statements, including management quotes and business outlook, constitute forward-looking statements under the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Such statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in the forward-looking statements, including the Company's growth strategies, ability to retain and increase its user base, expand its offerings, monetize its platform, and future business development, financial condition and results of operations; competition; expected changes in revenues and expenses; and general economic and business conditions globally and in China. Further information regarding these and other risks is included in the Company's filings with the U.S. Securities and Exchange Commission. The Company does not undertake any obligation to update any forward-looking statement, except as required by law. Use of Non-GAAP Financial Measures This release contains non-GAAP financial measures, including but not limited to: Non-GAAP cost of revenues excludes share-based compensation expenses; Non-GAAP gross profit excludes share-based compensation expenses; Non-GAAP gross margin excludes share-based compensation expenses; Total non-GAAP operating expenses exclude share-based compensation expenses, amortization of intangible assets resulting from business acquisitions; Non-GAAP research and development expenses exclude share-based compensation expenses, amortization of intangible assets resulting from business acquisitions; Non-GAAP selling and marketing expenses exclude share-based compensation expenses, amortization of intangible assets resulting from business acquisitions; Non-GAAP general and administrative expenses exclude share-based compensation expenses; Non-GAAP operating profit/loss excludes share-based compensation expenses, amortization of intangible assets resulting from business acquisitions; Non-GAAP net income/loss attributable to Cheetah Mobile shareholders excludes share-based compensation expenses, amortization of intangible assets resulting from business acquisitions; Non-GAAP diluted earnings/losses per ADS excludes share-based compensation expenses, amortization of intangible assets resulting from business acquisitions. The Company reviews these non-GAAP financial measures together with GAAP financial measures to obtain a better understanding of its operating performance. It uses the non-GAAP financial measures for planning, forecasting and measuring results against the forecast. The Company believes that non-GAAP financial measures are useful supplemental information for investors and analysts to assess its operating performance without the effect of share-based compensation expenses, amortization of intangible assets resulting from business acquisitions, which have been and will continue to be significant recurring expenses in its business, as well as impairment of goodwill and intangible assets resulting from business acquisitions. However, the use of non-GAAP financial measures has material limitations as an analytical tool. One of the limitations of using non-GAAP financial measures is that they do not include all items that impact the Company's net income for the period. In addition, because non-GAAP financial measures are not measured in the same manner by all companies, they may not be comparable to other similarly titled measures used by other companies. In light of the foregoing limitations, you should not consider non-GAAP financial measure in isolation from or as an alternative to the financial measure prepared in accordance with U.S. GAAP. For more information on these non-GAAP financial measures, please see the tables captioned "Cheetah Mobile Inc. Reconciliation of GAAP and non-GAAP Results". Investor Relations Contact Helen Jing ZhuCheetah Mobile Inc.Tel: +86 13811591550Email: [email protected] * This represents amortization of intangible assets resulting from business acquisitions. (i) Share-based compensations and certain corporate expenses were not allocated to segments. Other segment items include general and administrative expenses and other operating expenses allocated to the respective segments. View original content:https://www.prnewswire.com/news-releases/cheetah-mobile-announces-second-quarter-2026-unaudited-consolidated-financial-results-302875945.html

Interested in Cheetah Mobile Inc.? Here are five stocks we like better. Revenue grew, but losses widened: Second-quarter revenue rose 9.9% year over year to RMB266.1 million, while the non-GAAP operating loss expanded to RMB25.6 million due to weaker advertising agency revenue and increased robotics investment. Cloud and AI infrastructure was the key growth driver: Revenue surged 83.1% year over year to RMB59.1 million, with management targeting more than RMB2 billion in 2026 gross billings and over RMB200 million in related revenue. Robotics commercialization advanced: Smart mobility products began generating revenue during the quarter, while the robotics segment’s adjusted loss widened sequentially as Cheetah Mobile invested in product development and market expansion. Cheetah Mobile (NYSE:CMCM) said its second-quarter 2026 results reflected a continued shift toward cloud and AI infrastructure services and robotics, even as changes affecting its advertising agency business weighed on profitability. Total revenue was RMB266.1 million, up 2.7% from the prior quarter and 9.9% from a year earlier, according to Director and CFO Thomas Jintao Ren. Excluding advertising agency services, revenue totaled RMB244.1 million, increasing about 10% year-over-year and 5% sequentially. → 3 Lesser-Known Quantum Plays the Market May Be Overlooking Right Now The company reported an operating loss of RMB73.6 million, compared with losses of RMB28.3 million in the first quarter and RMB11.1 million a year earlier. Non-GAAP operating loss was RMB25.6 million, widening from RMB22.5 million in the prior quarter and RMB2.1 million in the second quarter of 2025. Ren said the year-over-year increase in losses primarily reflected lower advertising agency services revenue within global enterprise services, while continuing investment in robotics commercialization also contributed to a wider sequential loss. → Qualcomm’s Data Center Bet Looks More Real After Amazon’s AI Deal Services of cloud and AI infrastructure generated RMB59.1 million in second-quarter revenue, up 83.1% year-over-year and 26.2% from the first quarter. The business accounted for 22.2% of total revenue and 72.8% of global enterprise services revenue. Chairman and CEO Fu Sheng said gross billings for the business exceeded RMB500 million during the quarter, compared with about RMB200 million a year earlier and approximately RMB300 million in the first quarter. He said Cheetah Mobile expects cloud and AI infrastructure gross billings to exceed RMB2 billion in 2026, representing growth of more than 100% year-over-year, while related revenue is expected to surpass RMB200 million. → Defense, Solar, and Refining Stocks Split as the Iran Conflict Raises Energy Risk The company provides cloud infrastructure, computing power and AI model services to enterprises expanding overseas, working with providers including Amazon Web Services, Google Cloud and Microsoft Azure. Fu said Cheetah Mobile’s role extends beyond connecting customers to AI models, including deployment support, cost control and daily operations. During the question-and-answer session, Fu said demand for AI infrastructure remains in an early stage and continues to grow. He described the company’s competitive approach as customer-focused, combining AI training, implementation support and enterprise tools with its relationships and technical familiarity with cloud providers. Fu said the company seeks to help enterprises use AI in practical applications rather than compete in the capital-intensive development of foundation models. He also said cloud and AI infrastructure services could create opportunities to sell customers additional AI agents, software tools and related services over time. Revenue from robotics and other businesses was RMB54.5 million, up 72.5% from a year earlier and 6.4% sequentially, representing 20.5% of total revenue. The year-over-year gain benefited from the contribution of UFACTORY, which Cheetah Mobile acquired in July 2025, Ren said. The company began shipping smart mobility products during the quarter, including sales in Europe through Pride Mobility and in China through SWIP. Fu said smart mobility began contributing revenue in the period, though management did not disclose the product line’s sales revenue because it remains at an early stage. Fu described the company’s smart wheelchair products as an application of its mobility, obstacle-avoidance and environmental-perception technology. He said the products weigh less than 16 kilograms, can be folded for transportation, are designed to support air travel and can operate for about 10 hours under specified conditions. Cheetah Mobile developed the products with established electric mobility manufacturers and moved from project initiation to initial mass production and shipments in a little over one year, with cumulative investment in the range of several tens of millions of RMB, according to Fu. The company said its priorities are product reliability, local compliance standards and building trust with customers and partners. The robotics and other segment posted an adjusted operating loss of RMB34 million. While that was narrower than a RMB52.7 million loss a year earlier, it widened from RMB26.9 million in the first quarter as the company invested in development and commercialization of robotics products. Fu said some robotics products, including robotic arms, are already profitable on an individual-business basis. However, he said the company is focused on maintaining adequate product gross margins and growing market scale rather than pursuing quarterly profitability as a standalone objective. Internet services revenue fell 17.3% year-over-year and 3.4% sequentially to RMB130.5 million. Internet value-added services revenue rose 6.7% from a year earlier and 2.9% from the prior quarter to RMB101.2 million, accounting for 77.6% of segment revenue. Online advertising revenue declined 53.5% year-over-year and 20.2% sequentially to RMB29.3 million. Despite the overall revenue decline, adjusted operating profit in internet services increased 14.2% from a year earlier and 67.2% from the first quarter to RMB25.4 million. The segment’s adjusted operating margin expanded to 19.4%, from 14.1% a year earlier and 11.3% in the prior quarter. Ren attributed the improvement to the growing contribution from internet value-added services and greater operating efficiency. Global enterprise services revenue declined 23.3% year-over-year but rose 11.5% sequentially to RMB81.1 million. Advertising agency services revenue fell 70% from a year earlier and 15% from the prior quarter to RMB22 million, which Ren attributed to review-policy changes at a major global advertising platform. Adjusted operating profit from global enterprise services was RMB94.3 million, down 80.7% year-over-year and 32% sequentially, primarily because of the advertising agency revenue decline. The segment remained profitable on an adjusted operating basis. As of June 30, Cheetah Mobile held RMB1.271 billion, or $187.3 million, in cash and cash equivalents. Management said the cash position provides flexibility to invest prudently in AI and robotics while the company continues to reshape its revenue mix. Cheetah Mobile Inc operates as a mobile internet company primarily focused on developing and distributing utility and entertainment applications for smartphones and tablets. Its portfolio includes well-known security and optimization products such as Clean Master, Security Master and Battery Doctor, alongside consumer-oriented offerings in mobile gaming and content discovery. The company's software solutions are designed to enhance device performance, improve privacy protection and deliver engaging digital experiences for end users. Founded as the mobile internet division of Kingsoft in 2010, Cheetah Mobile spun off as an independent, publicly traded company in late 2014. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. The article "Cheetah Mobile Q2 Earnings Call Highlights" was originally published by MarketBeat. View MarketBeat's top stocks for September 2026.

BEIJING, Sept. 4, 2026 /PRNewswire/ -- Cheetah Mobile Inc. ("Cheetah Mobile" or the "Company") (NYSE: CMCM), a China-based IT company with a commitment to AI innovation, today announced that it will report its financial results for the second quarter 2026 before the U.S. market opens on Friday, September 11, 2026. The earnings release will be available on the Company's investor relations website at http://ir.cmcm.com. Cheetah Mobile's management will hold an earnings conference call at 11:30 AM on Friday, September 11, 2026, Beijing Time (11:30 PM on Thursday, September 10, 2026, U.S. Eastern Time). Participants may join the conference call through Tencent Meeting using either the meeting link or the dial-in numbers below. Main Conference:Tencent Meeting ID: 175-882-665 Meeting Link: https://cmcm.meeting.tencent.com/dm/3QuXIZPgSezq Dial-in Numbers:United States: +1 4153389272Mainland China: +86 (0)755 36550000Hong Kong: +852 30088359 English Interpretation:Tencent Meeting ID: 845-329-676 Meeting Link: https://cmcm.meeting.tencent.com/dm/t07drnN5B7fM Dial-in Numbers:United States: +1 4153389272Mainland China: +86 (0)755 36550000Hong Kong Toll Free: +852 30088359 A live and archived webcast of the conference call will also be available at the Company's investor relations website at http://ir.cmcm.com. About Cheetah Mobile Inc. Cheetah Mobile is a China-based IT company with a commitment to AI innovation. It has developed and launched a diversified suite of software products for PCs and mobile devices, designed to address users' needs in document processing, system optimization, image editing and web browsing, AI Agent products, among others. Cheetah Mobile provides advertising services to advertisers worldwide, value-added services including the sale of premium membership to its users, multi-cloud and multi-model management platform to companies globally, as well as service robots to international clients. At the same time, it actively engages in research and development of advanced technologies to empower its products and services. Cheetah Mobile has been listed on the New York Stock Exchange since May 2014. For investor inquiries, please contact: Helen Jing ZhuCheetah Mobile Inc.Tel: +86 13811591550Email: [email protected] View original content:https://www.prnewswire.com/news-releases/cheetah-mobile-to-report-second-quarter-2026-financial-results-on-september-11-2026-302869862.html

Robotics and others revenue grew 175.9% year over year and accounted for 19.8% of total revenue in the first quarter of 2026 BEIJING, June 10, 2026 /PRNewswire/ -- Cheetah Mobile Inc. ("Cheetah Mobile" or the "Company") (NYSE: CMCM), a China-based IT company with a commitment to AI innovation, today announced its unaudited consolidated financial results for the quarter ended March 31, 2026. Financial Highlights Revenue Total revenues were RMB259.0 million (US$37.5 million) in the first quarter of 2026. Revenues from robotics and others increased 175.9% year over year to RMB51.2 million, accounting for 19.8% of total revenues in the first quarter of 2026. Revenue from services of cloud and AI infrastructure increased 68.3% year over year in the first quarter of 2026 to RMB46.8 million, contributing to 64.3% of global enterprise services segment revenue and 18.1% of this quarter's total revenues. Revenue from internet value-added services increased 8.2% year over year in the first quarter of 2026 to RMB98.3 million, accounting for 72.8% of internet services segment revenue and 38.0% of this quarter's total revenues. Profitability Net loss attributable to Cheetah Mobile shareholders was RMB17.5 million (US$2.5 million), compared with RMB33.4 million in the same period last year. Non-GAAP net loss attributable to Cheetah Mobile shareholders was RMB11.7 million (US$1.7 million), compared with non-GAAP net loss attributable to Cheetah Mobile shareholders of RMB21.1 million in the same period last year. Cash Position As of March 31, 2026, the Company had RMB1,280.6 million (US$185.6 million) in cash and cash equivalents. Management Commentary Fu Sheng, Chief Executive Officer of Cheetah Mobile, commented: "During the first quarter of 2026, we continued executing our AI and robotics strategy with a disciplined approach. Our robotics and others segment delivered strong year-over-year growth while adjusted operating loss further narrowed, reflecting improving commercial traction and operating efficiency. We also continued advancing EasyClaw, our AI agent platform focused on enterprise productivity scenarios, and introduced other AI Agent products. We believe long-term opportunities in AI will come from practical applications, workflow integration, and real customer value creation. Across the industry, we are seeing growing adoption of AI agents, which is driving demand for AI infrastructure and cloud services. This trend also benefited our services of cloud and AI infrastructure business, which delivered strong year-over-year revenue growth during the quarter. Supported by stable cash flow from our internet services business, we remain focused on disciplined investment, product execution, and building sustainable long-term growth engines." Thomas Ren, Chief Financial Officer of Cheetah Mobile, commented: "Starting from the first quarter of 2026, we began reporting our robotics business as a separate segment to present the operating progress of this business. Historical results previously reported under the AI and others segment are now presented as robotics and others, which primarily includes robotics-related products and services, and global enterprise services, which includes advertising agency and services of cloud and AI infrastructure through partnering with global leading cloud service providers. We also maintained a solid balance sheet, ending the quarter with US$ 185.6 million in cash and cash equivalents, supporting our disciplined investment in AI and robotics initiatives over the long term." First Quarter 2026 Financial Results Total revenues remained relatively flat year over year, generating RMB259.0 million (US$37.5 million) in the first quarter of 2026. Revenues from Robotics and Others increased 175.9% year over year to RMB51.2 million, accounting for 19.8% of total revenues in the first quarter of 2026. Internet Services revenue decreased 15.2% year over year to RMB135.0 million. This year-over-year decrease was resulting from a 46.3% decline in the Company's online advertising business. However, revenue from internet value added services increased by 8.2% year over year in the first quarter of 2026, contributing to 72.8% of this quarter's Internet Services segment revenue, and 38.0% of this quarter's total revenues. Global Enterprise Services revenue decreased 10.5% year over year to RMB 72.8 million. This year-over-year decrease resulted from a 51.5% decline in the Company's advertising agency services business due to policy shifts from a major global advertising platform. However, revenue from services of cloud and AI infrastructure increased 68.3% year over year in the first quarter of 2026, contributing to 64.3% of this quarter's Global Enterprise Services segment revenue and 18.1% of this quarter's total revenues. This increase was a result of an increasing number of enterprises in the overseas markets adopting AI agent products to improve productivity, which drove demands for both tokens and cloud computing resources through our platform. Operating loss was RMB28.3 (US$4.1 million) million in the first quarter of 2026, compared to RMB26.5 million in the same period last year. Non-GAAP operating loss was RMB22.5 million (US$3.3 million) in the first quarter of 2026, compared to RMB14.3 million in the same period last year. Adjusted operating loss from Robotics and Others decreased by 57.1% year over year to RMB26.9 million in the first quarter of 2026. Adjusted operating profit from Internet Services business decreased by 38.2% year over year in the first quarter of 2026, mainly due to the decline in online advertising revenue in this segment, along with our investments in AI agent related products. However, we still earned RMB15.2 million from the Internet Services business in this quarter, which laid a solid foundation for our investments in robotics and AI applications. Adjusted operating profit from Global Enterprise Services decreased by 67.3% year over year to RMB13.8 million in the first quarter of 2026. This decline was resulting from the revenue decrease in the Company's advertising agency services business. Net loss attributable to Cheetah Mobile shareholders was RMB17.5 million (US$2.5 million), compared with RMB33.4 million in the same period last year. Non-GAAP net loss attributable to Cheetah Mobile shareholders was RMB11.7 million (US$1.7 million), compared with non-GAAP net loss attributable to Cheetah Mobile shareholders of RMB21.1 million in the same period last year. As of March 31, 2026, the Company had RMB1,280.6 million (US$185.6 million) of cash and cash equivalents, and RMB692.2 million (US$100.3 million) of long-term investments. Conference Call Information The Company will hold a conference call on June 10, 2026, at 7:00 a.m. Eastern Time (or 7:00 p.m. Beijing Time) to discuss its financial results. Listeners may access the call by dialing the following numbers: Main Line:International: 1-412-317-6061United States Toll Free: 1-888-317-6003Mainland China Toll Free: +86-4001-206115Hong Kong Toll Free: 800-963976Conference ID: 7570048 English Translation:International: 1-412-317-6061United States Toll Free: 1-888-317-6003Mainland China Toll Free: +86-4001-206115Hong Kong Toll Free: 800-963976Conference ID: 0340478 A live and archived webcast of the conference call will also be available at the Company's investor relations website at http://ir.cmcm.com. Exchange Rate This press release contains translations of certain Renminbi amounts into U.S. dollars at specified rates solely for the convenience of readers. Unless otherwise noted, all translations from Renminbi to U.S. dollars in this press release were made at a rate of RMB6.8980 to US$1.00, the exchange rate in effect as of March 31, 2026, as set forth in the H.10 statistical release of the Federal Reserve Board. Such translations should not be construed as representations that RMB amounts could be converted into U.S. dollars at that rate or any other rate, or to be the amounts that would have been reported under accounting principles generally accepted in the United States of America ("U.S. GAAP"). About Cheetah Mobile Inc. Cheetah Mobile is a China-based IT company with a commitment to AI innovation. It has developed and launched a diversified suite of software products for PCs and mobile devices, designed to address users' needs in document processing, system optimization, image editing and web browsing, AI agent products, among others. Cheetah Mobile provides advertising services to advertisers worldwide, value-added services including the sale of premium membership to its users, services of cloud and AI infrastructure to companies globally, as well as robotic products to international clients. At the same time, it actively engages in research and development of advanced technologies to empower its products and services. Cheetah Mobile has been listed on the New York Stock Exchange since May 2014. Safe Harbor Statement This press release contains forward-looking statements. These statements, including management quotes and business outlook, constitute forward-looking statements under the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Such statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in the forward-looking statements, including but are not limited to the following: Cheetah Mobile's growth strategies; Cheetah Mobile's ability to retain and increase its user base and expand its product and service offerings; Cheetah Mobile's ability to monetize its platform; Cheetah Mobile's future business development, financial condition and results of operations; competition with companies in a number of industries including internet companies that provide online marketing services and internet value-added services; expected changes in Cheetah Mobile's revenues and certain cost or expense items; and general economic and business condition globally and in China. Further information regarding these and other risks is included in Cheetah Mobile's filings with the U.S. Securities and Exchange Commission. Cheetah Mobile does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under applicable law. Use of Non-GAAP Financial Measures This release contains non-GAAP financial measures, including but not limited to: Non-GAAP cost of revenues excludes share-based compensation expenses; Non-GAAP gross profit excludes share-based compensation expenses; Non-GAAP gross margin excludes share-based compensation expenses; Total non-GAAP operating expenses exclude share-based compensation expenses, amortization of intangible assets resulting from business acquisitions, impairment of goodwill and intangible assets resulting from business acquisitions; Non-GAAP research and development expenses exclude share-based compensation expenses, amortization of intangible assets resulting from business acquisitions; Non-GAAP selling and marketing expenses exclude share-based compensation expenses , amortization of intangible assets resulting from business acquisitions; Non-GAAP general and administrative expenses exclude share-based compensation expenses; Non-GAAP operating profit/loss excludes share-based compensation expenses, amortization of intangible assets resulting from business acquisitions and impairment of goodwill and intangible assets resulting from business acquisitions; Non-GAAP net income/loss attributable to Cheetah Mobile shareholders excludes share-based compensation expenses, amortization of intangible assets resulting from business acquisitions, impairment of goodwill and intangible assets resulting from business acquisitions; Non-GAAP diluted earnings/losses per ADS excludes share-based compensation expenses, amortization of intangible assets resulting from business acquisitions, impairment of goodwill and intangible assets resulting from business acquisitions. The Company reviews these non-GAAP financial measures together with GAAP financial measures to obtain a better understanding of its operating performance. It uses the non-GAAP financial measures for planning, forecasting and measuring results against the forecast. The Company believes that non-GAAP financial measures are useful supplemental information for investors and analysts to assess its operating performance without the effect of share-based compensation expenses, amortization of intangible assets resulting from business acquisitions, which have been and will continue to be significant recurring expenses in its business, as well as impairment of goodwill and intangible assets resulting from business acquisitions. However, the use of non-GAAP financial measures has material limitations as an analytical tool. One of the limitations of using non-GAAP financial measures is that they do not include all items that impact the Company's net income for the period. In addition, because non-GAAP financial measures are not measured in the same manner by all companies, they may not be comparable to other similarly titled measures used by other companies. In light of the foregoing limitations, you should not consider non-GAAP financial measure in isolation from or as an alternative to the financial measure prepared in accordance with U.S. GAAP. For more information on these non-GAAP financial measures, please see the tables captioned "Cheetah Mobile Inc. Reconciliation of GAAP and non-GAAP Results". Investor Relations Contact Helen Jing ZhuCheetah Mobile Inc.Tel: +86 10 6292 7779Email: [email protected] View original content:https://www.prnewswire.com/news-releases/cheetah-mobile-announces-first-quarter-2026-unaudited-consolidated-financial-results-302796536.html

Interested in Cheetah Mobile Inc.? Here are five stocks we like better. Shift toward AI and robotics: Cheetah Mobile said Q1 2026 marked continued progress in its transition to AI-enabled applications, AI agents and robotics, with management calling the year an “important transition year.” The company expects these newer businesses to become a larger share of revenue. Robotics and cloud AI drove growth: Robotics and others revenue jumped 175.9% year over year to RMB 51.2 million, while cloud and AI infrastructure revenue rose 68.3%. Together, these businesses accounted for 38% of first-quarter revenue, and management expects that mix to exceed 50% in the second half of 2026. Advertising weakness pressured profits: Total Q1 revenue was RMB 259 million, but the company posted an operating loss of RMB 28.3 million as advertising-related businesses weakened due to external platform policy changes. Management said its cash position of about $186 million gives it flexibility to keep investing in AI and robotics. Cheetah Mobile (NYSE:CMCM) said its first quarter of 2026 reflected continued progress in its transition from a traditional internet company toward AI-enabled applications, AI agents and robotics, while near-term results were pressured by weakness in advertising-related businesses. Chairman and CEO Fu Sheng described 2026 as “an important transition year” for the company, saying Cheetah Mobile is moving from capability building into “early-stage commercial validation.” He said the company is focused on turning AI capabilities into practical products for business scenarios and helping customers improve return on investment. → Meta Unveils Subscriptions: A New Offering With Real Growth Potential Total revenue was RMB 259 million in the first quarter, which Director and CFO Thomas Jian said was “relatively stable” year over year. Operating loss was RMB 28.3 million, compared with RMB 26.5 million in the same period last year. Jian attributed the increase mainly to lower profitability in internet and global enterprise services, due to declines in online advertising and advertising agency services, along with continued investment in AI and robotics. Cheetah Mobile began reporting its robotics and others business as an independent segment in the quarter. Revenue from robotics and others rose 175.9% year over year to RMB 51.2 million, representing 19.8% of total revenue. Adjusted operating loss for the segment narrowed 57.1% year over year, which management said reflected improved operating efficiency and commercial execution. → Cybersecurity Earnings: 1 AI Standout and 2 Stocks Under Pressure Fu said demand remains strong and that the company expects robotics and others revenue to grow on both a year-over-year and quarter-over-quarter basis in the second quarter. He said the company’s robotics efforts currently focus on commercial scenarios such as reception, guided tours and intelligent service applications. The company also highlighted smart personal mobility as an extension of its robotics and AI platform into personal mobility and healthcare-related uses. Fu said Cheetah Mobile began initial shipments in the second quarter to a top global designer and manufacturer of mobility products and to a leading elderly mobility scooter manufacturer in China. He said early feedback and commercial traction have been encouraging. → Planet Labs: Coming Back Down to Earth Management said Cheetah Mobile’s cloud and AI infrastructure services, within its global enterprise services segment, are seeing strong customer adoption. Fu said the company works with Google Cloud and AWS to help enterprises serving international markets access AI models and manage multi-cloud environments more efficiently. Revenue from cloud and AI infrastructure services increased 68.3% year over year in the quarter, supported by enterprise demand for AI-related cloud and token management services. Fu said daily average token usage has increased more than 20 times since January 2026, exceeding 400 billion in May. Fu said robotics and others, together with cloud and AI infrastructure services, accounted for 38% of first-quarter revenue. He said management expects their revenue contribution to continue growing and to exceed 50% of total revenue in the second half of the year. Cheetah Mobile said revenue from the advertising agency business within global enterprise services was affected by policy changes from certain overseas advertising platforms. Fu said the decline was driven primarily by external factors rather than changes in customer demand, and called it the main reason for the company’s wider year-over-year operating loss. Jian said the company’s internet services business continued to provide profit and cash flow support. Internet value-added services revenue grew 8.2% year over year and accounted for 72.8% of internet services revenue, making the segment more predictable, he said. The internet services business generated approximately RMB 15.2 million in adjusted operating profit in the quarter, while global enterprise services generated approximately RMB 13.8 million in adjusted operating profit. As of March 31, 2026, Cheetah Mobile had approximately $186 million in cash and cash equivalents and more than $100 million in long-term investments. Jian said that position gives the company flexibility to continue investing in AI and robotics in a disciplined way. During the question-and-answer session, Fu said real-world deployment data is critical for improving robotics capabilities. He said the robotics industry lacks the kind of large-scale data foundation that helped drive large language model development, adding that physical environments are far more complex than labs or simulators. Fu cited Cheetah Mobile’s experience in voice interaction across noisy and varied commercial environments, as well as indoor navigation and obstacle avoidance, as examples of capabilities improved through long-term deployment data. He said the company’s smart wheelchair applies technology developed through years of deploying robots in environments with different floors, carpets, walls and reflections. Asked about future competition in robotics, Fu said he believes the most important barriers over the next three to five years will be scenario operation capabilities and customer networks, rather than a single general-purpose robot model. He said customers ultimately care about cost performance and ROI, not whether a product is labeled as a robot. Fu also expressed skepticism that humanoid robots will achieve meaningful commercialization beyond demonstrations within the next three to five years. He said wheeled robots and robotic arms are more mature forms for deployment, and argued that specialized vertical robots will likely develop first, collect data and gradually evolve toward more general forms. In response to analyst questions about the AI industry, Fu said he believes the application layer is likely to capture the greatest long-term value, even though models and infrastructure have drawn significant attention recently. He said model capabilities are converging, costs are declining and many models already perform well on daily tasks, making application depth increasingly important. Fu said enterprise AI moats will come from deep understanding of customer needs and industries, as well as organizational ability to move quickly. He said AI-native organizations can use AI to restructure internal workflows, improve efficiency and launch products and services more rapidly. Looking ahead, Jian said Cheetah Mobile’s priorities remain maintaining operating discipline, improving revenue quality and operating efficiency, and supporting long-term investments while preserving financial flexibility. He said management believes the company is moving toward a more sustainable and balanced operating structure as AI and robotics businesses scale. Cheetah Mobile Inc operates as a mobile internet company primarily focused on developing and distributing utility and entertainment applications for smartphones and tablets. Its portfolio includes well-known security and optimization products such as Clean Master, Security Master and Battery Doctor, alongside consumer-oriented offerings in mobile gaming and content discovery. The company's software solutions are designed to enhance device performance, improve privacy protection and deliver engaging digital experiences for end users. Founded as the mobile internet division of Kingsoft in 2010, Cheetah Mobile spun off as an independent, publicly traded company in late 2014. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. The article "Cheetah Mobile Q1 Earnings Call Highlights" was originally published by MarketBeat. View MarketBeat's top stocks for June 2026.

This article first appeared on GuruFocus. Release Date: June 10, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Cheetah Mobile Inc (NYSE:CMCM) reported a significant 176% year-over-year increase in revenue from its robotics and others business, reaching $51 million. The company's adjusted operating loss from the robotics and others segment narrowed by 57% year-over-year, indicating improved operational efficiency. Revenue from cloud and AI infrastructure services increased by 68% year-over-year, contributing 18% of total revenue. Cheetah Mobile Inc (NYSE:CMCM) maintained a strong balance sheet with approximately $186 million in cash and cash equivalents. The Internet service business remains profitable, generating approximately RMB15 million in adjusted operating profit, providing a stable financial foundation for AI and robotics investments. Revenue from the advertising agency business was negatively impacted by policy changes from overseas advertising platforms, affecting overall financial performance. The company reported an operating loss of $28.3 million during the quarter, an increase from the previous year, due to lower profitability in the Internet and global enterprise services business. Internet service revenue declined due to continuous weakness in online advertising, impacting the company's revenue mix. Despite growth in new segments, the overall operating loss widened year-over-year, reflecting challenges in achieving profitability. The company's financial results were affected by external factors, such as policy changes, rather than changes in customer demand, indicating vulnerability to external market conditions. Warning! GuruFocus has detected 2 Warning Signs with CMCM. Is CMCM fairly valued? Test your thesis with our free DCF calculator. Q: Can you provide more details on the growth and future expectations for the robotics and others segment? A: (CEO) The robotics and others segment has shown significant growth, with revenue increasing 176% year-over-year to $51 million, now accounting for nearly 20% of our total revenue. We expect this segment to continue growing strongly throughout 2026, driven by strong customer demand and expansion into commercial scenarios such as reception, guided tours, and intelligent service applications. Q: How is the cloud and AI infrastructure services business performing, and what are the future projections? A: (CFO) Revenue from our cloud and AI infrastructure services increased by 68% year-over-year, contributing 18% of our total revenue. We are seeing strong customer adoption, particularly in collaboration with Google Cloud and AWS, and expect continued revenue growth as enterprises increasingly access AI models and use multi-cloud environments. Q: What impact have policy changes from overseas advertising platforms had on your financial results? A: (CEO) The policy changes have primarily affected our advertising agency business, leading to a decline in revenue from this segment. This was a significant factor in the widening of our year-over-year operating loss for the first quarter. However, we believe this decline is driven by external factors rather than changes in customer demand. Q: Can you discuss the financial health of Cheetah Mobile and its ability to support ongoing investments in AI and robotics? A: (CFO) We maintain a strong balance sheet with approximately $186 million in cash and cash equivalents and over $100 million in long-term investments. This financial position provides us with the flexibility to continue investing in AI and robotics initiatives sustainably while maintaining operating discipline and improving revenue quality. Q: How is the Internet service segment performing, and what role does it play in the company's overall strategy? A: (CEO) The Internet service segment remains profitable, generating approximately RMB15 million in adjusted operating profit in the first quarter. Despite a decline in online advertising revenue, the segment continues to provide important profit and cash flow support, which is crucial for funding our long-term AI and robotics investments. For the complete transcript of the earnings call, please refer to the full earnings call transcript.

BEIJING, June 4, 2026 /PRNewswire/ -- Cheetah Mobile Inc. ("Cheetah Mobile" or the "Company") (NYSE: CMCM), a China-based IT company with a commitment to AI innovation, today announced that it will report its financial results for the first quarter 2026 before the U.S. market opens on Wednesday, June 10, 2026. The earnings release will be available on the Company's investor relations website at http://ir.cmcm.com. Cheetah Mobile's management will hold an earnings conference call at 7:00 AM on Wednesday, June 10, 2026, U.S. Eastern Time (7:00 PM on Wednesday, June 10, 2026, Beijing Time/Hong Kong Time). Participants may access the call by dialing the following numbers: Main Line:International: 1-412-317-6061United States Toll Free: 1-888-317-6003Mainland China Toll Free: 4001-206115Hong Kong Toll Free: 800-963976Conference ID: 7570048 English Translation:International: 1-412-317-6061United States Toll Free: 1-888-317-6003Mainland China Toll Free: 4001-206115Hong Kong Toll Free: 800-963976Conference ID: 0340478 The replay of the conference call will be accessible through June 17, 2026 by dialing the following numbers: Main Line:International: 1-412-317-0088United States Toll Free: 1-855-669-9658Access Code: 5773189 English Translation:International: 1-412-317-0088United States Toll Free: 1-855-669-9658Access Code: 7127585 A live and archived webcast of the conference call will also be available at the Company's investor relations website at http://ir.cmcm.com. About Cheetah Mobile Inc. Cheetah Mobile is a China-based IT company with a commitment to AI innovation. It has developed and launched a diversified suite of software products for PCs and mobile devices, designed to address users' needs in document processing, system optimization, image editing and web browsing, AI Agent products, among others. Cheetah Mobile provides advertising services to advertisers worldwide, value-added services including the sale of premium membership to its users, multi-cloud and multi-model management platform to companies globally, as well as service robots to international clients. At the same time, it actively engages in research and development of advanced technologies to empower its products and services. Cheetah Mobile has been listed on the New York Stock Exchange since May 2014. For investor inquiries, please contact: Helen Jing ZhuCheetah Mobile Inc.Tel: +86 10 6292 7779Email: [email protected] View original content:https://www.prnewswire.com/news-releases/cheetah-mobile-to-report-first-quarter-2026-financial-results-on-june-10-2026-302791089.html

This article first appeared on GuruFocus. Total Revenue: RMB1,150 million, a 43% year-over-year increase. Non-GAAP Operating Profit: RMB14 million, compared to a non-GAAP operating loss of RMB232 million in the prior year. GAAP Operating Loss: RMB179 million, improved from RMB437 million in 2024. Cash and Cash Equivalents: USD215 million at year-end. Internet Business Revenue: RMB615 million, a 19% year-over-year increase. Internet Value-Added Services Revenue: Increased 21% year over year, contributing 65% of segment revenue. Adjusted Operating Profit from Internet Business: RMB115 million in 2025. AI and Others Segment Revenue: RMB535 million, an 85% year-over-year increase. Robotics Revenue: Grew 31% for the full year, with fourth-quarter revenue reaching RMB60 million, up 94% year over year and 43% quarter over quarter. First Quarter Revenue: RMB309 million, a 30% year-over-year increase and a 7% quarter-over-quarter increase. Non-GAAP Operating Profit (Q4): RMB15 million, compared to a RMB42 million operating loss in the same period last year. Warning! GuruFocus has detected 5 Warning Signs with CMCM. Is CMCM fairly valued? Test your thesis with our free DCF calculator. Release Date: March 24, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Cheetah Mobile Inc (NYSE:CMCM) achieved a 43% year-over-year revenue growth in 2025, driven by both its Internet business and AI and Others segments. The company reached full-year non-GAAP operating profitability for the first time in six years. Robotics revenue grew approximately 31% for the full year, with a 94% year-over-year increase in the fourth quarter alone. The introduction of new voice robots and smart wheelchairs is expected to drive future growth, with initial shipments of the smart wheelchair anticipated in the second quarter of 2026. Cheetah Mobile Inc (NYSE:CMCM) has a strong cash position with USD215 million in cash and cash equivalents, providing financial flexibility for strategic investments. Cheetah Mobile Inc (NYSE:CMCM) reported a GAAP operating loss of RMB179 million for 2025, despite improvements from the previous year. The Internet business, while stable, experienced a slight year-over-year revenue decline in the fourth quarter. The company faces challenges in scaling its AI and robotics segments, with an adjusted operating loss of RMB274 million in the AI and Others segment. There is no specific financial guidance provided for 2026, creating uncertainty about future performance. The company is still in the early stages of commercial validation for its new products, which may delay revenue realization. Q: Can you provide an overview of Cheetah Mobile's financial performance in 2025? A: Sheng Fu, Chairman and CEO, highlighted that Cheetah Mobile achieved a 43% year-over-year revenue growth in 2025, driven by both the Internet business and the AI and Others segments. The company also achieved non-GAAP operating profitability for the first time in six years, with the Internet business generating approximately RMB460,000 in adjusted operating profit every working day. Q: What are the key growth drivers for Cheetah Mobile's robotics business? A: Sheng Fu noted that the robotics business is a key structural growth driver, with revenue growing 31% for the full year and 94% year-over-year in the fourth quarter. The voice robot in China achieved 100% year-over-year growth for three consecutive quarters, becoming a must-have solution in various environments due to its integration of AI agent technology. Q: How is Cheetah Mobile leveraging AI in its business operations? A: Sheng Fu explained that Cheetah Mobile is focusing on turning AI capabilities into practical tools that help users complete real tasks. The company introduced EasyClaw, an AI coworker platform that helps users create and deploy task-oriented AI agents. This platform is integrated into PC products to improve user experience and drive higher conversion and ARPU. Q: What are the financial highlights of Cheetah Mobile's Internet business in 2025? A: Jintao Ren, CFO, stated that the Internet business revenue increased 19% year-over-year to RMB615 million, with Internet value-added services revenue growing 21%. The business generated approximately RMB115 million in adjusted operating profit, maintaining healthy margins and strong operating cash flow. Q: What are the future growth prospects for Cheetah Mobile's AI and Others segment? A: Jintao Ren mentioned that the AI and Others segment revenue increased 85% year-over-year to RMB535 million, accounting for 46.5% of total revenue. The robotics business, a significant part of this segment, is expected to maintain strong growth momentum as commercial validation deepens, becoming a more important part of the revenue mix. For the complete transcript of the earnings call, please refer to the full earnings call transcript.

Cheetah Mobile reported 2025 revenue of about RMB 1,150 million (up ~48% year‑over‑year) and achieved its first full‑year non‑GAAP operating profitability in six years (RMB 14 million), with GAAP losses narrowing and $215 million in cash on hand. The AI and "other" segment surged 85% to RMB 535 million and now represents 46.5% of revenue, as the company scales robotics (robotics ≈13% of total revenue in 2025; Q4 robotics +94% YoY) and commercializes AI products including the EasyClaw/EasyCloud agent platform and planned voice robots, robotic arms, and a smart wheelchair. The core internet business remains the cash engine—revenue rose 19% to RMB 615 million in 2025, driven by longer‑term subscriptions and higher ARPU, generating roughly CNY 115 million in adjusted operating profit that management intends to use to fund robotics and AI investments. Interested in Cheetah Mobile Inc.? Here are five stocks we like better. Cheetah Mobile (NYSE:CMCM) executives said 2025 marked a turning point for the company, citing a return to non-GAAP operating profitability and a revenue mix that is increasingly driven by newer initiatives in robotics and AI tools. On the company’s fourth quarter 2025 earnings call, Chairman and CEO Fu Sheng and CFO Thomas Jintao Ren emphasized tighter operating discipline, a subscription-driven shift in the core internet business, and early commercialization progress for the company’s AI agent platform and robotics portfolio. Management described 2025 as a year of “meaningful operational recovery,” with Ren reporting total revenue of approximately RMB 1,150 million, up about 48% year over year. The company posted a GAAP operating loss of RMB 179 million, improved from a RMB 437 million GAAP operating loss in 2024. On a non-GAAP basis, operating profit was RMB 14 million, compared with a non-GAAP operating loss of RMB 232 million in the prior year—its first full-year non-GAAP operating profitability in six years, according to Fu. → Active ETFs Surge Past Passive, and These Are in the Lead The company ended 2025 with $215 million in cash and cash equivalents, Ren said. Cheetah Mobile’s internet business remained its primary cash-generating foundation, with 2025 revenue rising 19% year over year to RMB 615 million, according to Ren. Internet value-added services grew 21% year over year and represented 65% of segment revenue, driven by paying user growth and higher ARPU. Ren added that the company saw more users subscribing for periods longer than 12 months, which management framed as improving revenue visibility. → Macy’s Beats Expectations Again, But Guidance Spooks Investors On profitability, Ren said the internet business generated roughly CNY 115 million in adjusted operating profit in 2025, with Fu highlighting that the segment generated about RMB 460,000 in adjusted operating profit per working day. Management positioned this recurring cash flow as the financial base supporting investment in robotics and AI initiatives. Revenue from the AI and other segments increased 85% year over year to RMB 535 million in 2025, raising the segment’s share of total revenue to 46.5% from 35.9% in 2024, Ren said. Within that segment, robotics made up 27% of segment revenue and 13% of total company revenue in 2025, with robotics revenue up about 31% for the year. → Super Micro's Plunge: An AI Deep Value Opportunity? Ren said adjusted operating loss for AI and other narrowed 42% year over year to CNY 274 million as the company scaled while maintaining “disciplined investments.” He also noted that overseas advertising agency services and a multi-cloud management platform contributed meaningfully to the segment’s growth, benefiting from increasing overseas expansion by Chinese enterprises. Ren reported fourth-quarter total revenue of RMB 309 million, up 30% year over year and up 7% quarter over quarter, with AI and other contributing RMB 153 million—“nearly half” of total revenue. He said robotics revenue rose 94% year over year and 43% quarter over quarter, accounting for about 19% of fourth-quarter revenue. Fu separately stated that robotics revenue in the fourth quarter reached about RMB 60 million. On profitability, the company generated non-GAAP operating profit of RMB 15 million in the fourth quarter, compared with a non-GAAP operating loss of RMB 42 million in the same period last year, Ren said. Fu called robotics a “key structural growth driver,” highlighting multiple product lines and use cases: Voice service robots in China: Fu said voice robots in China delivered 100% year-over-year growth for three consecutive quarters and represented a high single-digit share of fourth-quarter revenue. He described deployments across reception, guided tours, retail, hospitals, and service halls, and said a new version includes built-in skills such as guiding, patrolling, and advertising. Ren later said the company plans to launch a new voice service robot product called “Xiaoming Live,” which combines agent technology and is intended to be usable “out of the box.” Robotic arms (primarily overseas): Fu said robotic arms contributed high single digits of fourth-quarter revenue and targeted long-tail demand from research institutions and R&D teams that value openness and customization. Ren said the robotic arm business stabilized after consolidation in 2025 and is expected to contribute steadily in 2026 with a small increase. Smart wheelchair (new category): Fu said the company is introducing a smart wheelchair targeted at developed regions such as Western Europe and North America, positioned as a premium solution focused on safety and independence. He said the company entered framework agreements with mobility brands that will handle branding, distribution, and after-sales service, with initial shipments expected to begin in the second quarter of 2026. In the Q&A, management also described June as a starting point for “real sales and launch,” and Ren said the product was not generating revenue at present but is expected to become an incremental revenue source beginning in the second quarter, supported by framework agreements that “established a foundation of certain scale orders.” Fu said the market is larger than service robots, citing third-party reports indicating global electric or smart wheelchair market size above $2 billion and growth above 10% globally for smart wheelchairs. On AI, Fu described a strategy focused on building practical applications rather than training foundation models, arguing that differentiation in the “agent era” comes from systems built on top of models—task orchestration, tool usage, and cost management—leveraging open ecosystems and APIs. He discussed internal experimentation with an AI agent system built on the OpenClaw framework and said it evolved into a multi-agent setup capable of running tasks continuously, including generating personalized New Year messages for more than 600 colleagues and automating the sending workflow. Building on that, management introduced EasyClaw (also referred to repeatedly in the Q&A as “EasyCloud” and “EagleEye”), an AI coworker platform for creating and deploying task-oriented AI agents. Fu said the company is focusing on execution capability and noted rapid growth in total token usage as an engagement indicator, although management did not provide specific disclosed user counts or token metrics on the call. In response to questions about monetization, Fu said EasyClaw/EasyCloud uses a consumption-based model tied to token calls, facilitated by the company’s cloud aggregation relationships with model vendors, and that the company is not relying on heavy token subsidies to acquire users due to the potentially high cost of usage. On outlook, management said it does not provide specific financial guidance for 2026. Fu said he expects continued “structural improvements,” with robotics maintaining strong growth momentum as commercial validation deepens and AI-enabled products enhancing engagement and monetization across the software ecosystem. Ren added that priorities include disciplined growth, operating efficiency improvements, and balanced capital allocation. Management also cautioned that profitability in certain B2B areas can be influenced by cloud vendors’ and advertising platforms’ policy adjustments, and reiterated an intent to keep investment disciplined while using internet-business cash flow to support newer initiatives. Cheetah Mobile Inc operates as a mobile internet company primarily focused on developing and distributing utility and entertainment applications for smartphones and tablets. Its portfolio includes well-known security and optimization products such as Clean Master, Security Master and Battery Doctor, alongside consumer-oriented offerings in mobile gaming and content discovery. The company's software solutions are designed to enhance device performance, improve privacy protection and deliver engaging digital experiences for end users. Founded as the mobile internet division of Kingsoft in 2010, Cheetah Mobile spun off as an independent, publicly traded company in late 2014. The article "Cheetah Mobile Q4 Earnings Call Highlights" was originally published by MarketBeat.

AI and Others revenue grew 84.7% year over year and accounted for 46.5% of total revenue in 2025 BEIJING, March 24, 2026 /PRNewswire/ -- Cheetah Mobile Inc. ("Cheetah Mobile" or the "Company") (NYSE: CMCM), a China-based IT company with a commitment to AI innovation, today announced its unaudited consolidated financial results for the fourth quarter and full year ended December 31, 2025. Full Year 2025 Financial Highlights Total revenues increased by 42.6% year over year to RMB 1,150.4 million (US$164.5 million) in 2025, driven by strong expansion across business segments. Revenue from the Internet business increased by 19.0% year over year to RMB 615.3 million (US$88.0 million) . Revenue from the AI and Others segment increased by 84.7% year over year to RMB 535.2 million (US$76.5 million), reflecting continued scaling of the Company's emerging initiatives. The AI and Others segment accounted for 46.5% of total revenues in 2025, compared with 35.9% in 2024. Gross profit increased by 53.0% year over year to RMB 834.0 million (US$119.3 million). Gross margin improved to 72.5% in 2025 from 67.6% in 2024. On a non-GAAP basis, gross profit was RMB 834.0 million (US$119.3 million), and non-GAAP gross margin was 72.5%. Operating loss decreased by 59.0% year over year to RMB 179.4 million (US$25.7 million) in 2025. On a non-GAAP basis, operating profit was RMB 14.2 million (US$2.0 million), compared with a non-GAAP operating loss of RMB 231.8 million in 2024. The Internet business generated adjusted operating profit of approximately RMB 114.9 million in 2025, representing a 82.8% year-over-year increase and reflecting improving profitability and strong cash flow generation. Adjusted operating margin for this segment was 18.7% in 2025, compared with 12.1% in 2024. The AI and Others segment reported an adjusted operating loss of approximately RMB 274.5 million in 2025, representing a 42.1% year-over-year reduction, as the Company continued improving operating efficiency while scaling emerging initiatives. Cash and cash equivalents were RMB 1,506.6 million (US$215.4 million) as of December 31, 2025. Fourth Quarter 2025 Financial Highlights Total revenues increased by 30.3% year over year and 7.5% quarter over quarter to RMB 308.9 million (US$44.2 million) in the fourth quarter of 2025. Revenue from the Internet business was RMB 155.9 million (US$22.3 million) in the fourth quarter of 2025. While Internet business revenue declined slightly year over year, it increased 9.5% quarter over quarter. Revenue from the AI and Others segment reached RMB 153.0 million (US$21.9 million), representing a 98.8% year-over-year increase and a 5.5% quarter-over-quarter increase, reflecting continued growth momentum of the Company's emerging initiatives. The AI and Others segment accounted for 49.5% of total revenues in the fourth quarter of 2025, compared with 32.5% in the same period last year, representing nearly half of total revenue. Gross profit increased by 18.9% year over year to RMB 205.4 million (US$29.4 million) in the fourth quarter of 2025. On a non-GAAP basis, gross profit increased by 19.2% year over year to RMB 205.4 million (US$29.4 million). Operating loss decreased by 29.6% year over year to RMB 145.8 million (US$20.8 million) in the fourth quarter of 2025. On a non-GAAP basis, operating profit was RMB 15.5 million (US$2.2 million), compared with a non-GAAP operating loss of RMB 42.5 million in the fourth quarter of 2024. The Internet business generated adjusted operating profit of approximately RMB 46.7 million in the fourth quarter of 2025, representing a 78.1% year-over-year increase, and continued to serve as a stable profit contributor to the Company. The AI and Others segment reported an adjusted operating loss of approximately RMB 183.3 million in the fourth quarter of 2025, representing a 19.7% year-over-year reduction in operating loss. Management Commentary Fu Sheng, Chief Executive Officer of Cheetah Mobile, commented: "2025 marked a turning point for Cheetah Mobile. We delivered revenue growth while meaningfully improving operating efficiency and achieved full-year non-GAAP operating profitability. Our robotics business, which represented approximately 18.9% of total revenue in the fourth quarter, increased 93.6% year over year and 42.9% quarter over quarter, showing strong growth momentum. We are expanding our robotic product portfolio with a consumer-facing smart wheelchair, leveraging our existing autonomous mobility technologies. Our internet business remained a stable cash-generating platform, supporting disciplined investment in AI-driven capabilities. Leveraging our long-standing utility product experience, we continued to enhance our AI agent products, with the introduction of EasyClaw, our AI coworker platform designed to help users create and deploy AI agents more easily. While monetization remains at an early stage, these initiatives are part of our long-term strategy to build sustainable growth engines." Thomas Ren, Chief Financial Officer of Cheetah Mobile, commented: "In 2025, we continued to strengthen operating discipline and improve cost efficiency across the organization. Although we reported a GAAP operating loss for the year, operating loss narrowed significantly year over year. On a non-GAAP basis, we achieved operating profitability, reflecting an improved cost structure and increasing operating leverage. Within our Internet business, internet value-added services, which contributed 74.8% of this segment's revenues in the fourth quarter of 2025, expanded by 32.0% year over year and 16.2% quarter over quarter, enhancing earnings visibility and margin stability. In our AI and Others segment, revenue contribution increased year over year and accounted for nearly half of total revenues in the fourth quarter of 2025, while operating loss narrowed as we maintained selective investment and cost control. We ended the year with a solid cash position, providing financial flexibility to support disciplined capital allocation." Conference Call Information The Company will hold a conference call on March 24, 2026, at 7:00 a.m. Eastern Time (or 7:00 p.m. Beijing Time) to discuss its financial results. Listeners may access the call by dialing the following numbers: Main Line: International: 1-412-317-6061 United States Toll Free: 1-888-317-6003 Mainland China Toll Free: +86-4001-206115 Hong Kong Toll Free: 800-963976 Conference ID: 8826704 English Translation: International: 1-412-317-6061 United States Toll Free: 1-888-317-6003 Mainland China Toll Free: +86-4001-206115 Hong Kong Toll Free: 800-963976 Conference ID: 6928279 A live and archived webcast of the conference call will also be available at the Company's investor relations website at http://ir.cmcm.com. Exchange Rate This press release contains translations of certain Renminbi amounts into U.S. dollars at specified rates solely for the convenience of readers. Unless otherwise noted, all translations from Renminbi to U.S. dollars in this press release were made at a rate of RMB6.9931 to US$1.00, the exchange rate in effect as of December 31, 2025, as set forth in the H.10 statistical release of the Federal Reserve Board. Such translations should not be construed as representations that RMB amounts could be converted into U.S. dollars at that rate or any other rate, or to be the amounts that would have been reported under accounting principles generally accepted in the United States of America ("U.S. GAAP"). About Cheetah Mobile Inc. Cheetah Mobile is a China-based IT company with a commitment to AI innovation. It has developed and launched a diversified suite of software products for PCs and mobile devices, designed to address users' needs in document processing, system optimization, image editing and web browsing, among others. Cheetah Mobile provides advertising services to advertisers worldwide, value-added services including the sale of premium membership to its users, multi-cloud management platform to companies globally, as well as robotic products to international clients. At the same time, it actively engages in research and development of advanced technologies to empower its products and services. Cheetah Mobile has been listed on the New York Stock Exchange since May 2014. Safe Harbor Statement This press release contains forward-looking statements. These statements, including management quotes and business outlook, constitute forward-looking statements under the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Such statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in the forward-looking statements, including but are not limited to the following: Cheetah Mobile's growth strategies; Cheetah Mobile's ability to retain and increase its user base and expand its product and service offerings; Cheetah Mobile's ability to monetize its platform; Cheetah Mobile's future business development, financial condition and results of operations; competition with companies in a number of industries including internet companies that provide online marketing services and internet value-added services; expected changes in Cheetah Mobile's revenues and certain cost or expense items; and general economic and business condition globally and in China. Further information regarding these and other risks is included in Cheetah Mobile's filings with the U.S. Securities and Exchange Commission. Cheetah Mobile does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under applicable law. Use of Non-GAAP Financial Measures This release contains non-GAAP financial measures, including but not limited to: Non-GAAP cost of revenues excludes share-based compensation expenses; Non-GAAP gross profit excludes share-based compensation expenses; Non-GAAP gross margin excludes share-based compensation expenses; Total non-GAAP operating expenses exclude share-based compensation expenses, amortization of intangible assets resulting from business acquisitions, impairment of goodwill and intangible assets resulting from business acquisitions; Non-GAAP research and development expenses exclude share-based compensation expenses, amortization of intangible assets resulting from business acquisitions; Non-GAAP selling and marketing expenses exclude share-based compensation expenses , amortization of intangible assets resulting from business acquisitions; Non-GAAP general and administrative expenses exclude share-based compensation expenses; Non-GAAP operating profit/loss excludes share-based compensation expenses, amortization of intangible assets resulting from business acquisitions and impairment of goodwill and intangible assets resulting from business acquisitions; Non-GAAP net income/loss attributable to Cheetah Mobile shareholders excludes share-based compensation expenses, amortization of intangible assets resulting from business acquisitions, impairment of goodwill and intangible assets resulting from business acquisitions; Non-GAAP diluted earnings/losses per ADS excludes share-based compensation expenses, amortization of intangible assets resulting from business acquisitions, impairment of goodwill and intangible assets resulting from business acquisitions. The Company reviews these non-GAAP financial measures together with GAAP financial measures to obtain a better understanding of its operating performance. It uses the non-GAAP financial measures for planning, forecasting and measuring results against the forecast. The Company believes that non-GAAP financial measures are useful supplemental information for investors and analysts to assess its operating performance without the effect of share-based compensation expenses, amortization of intangible assets, amortization of intangible assets resulting from business acquisitions, impairment of goodwill and intangible assets resulting from business acquisitions, which have been and will continue to be significant recurring expenses in its business. However, the use of non-GAAP financial measures has material limitations as an analytical tool. One of the limitations of using non-GAAP financial measures is that they do not include all items that impact the Company's net income for the period. In addition, because non-GAAP financial measures are not measured in the same manner by all companies, they may not be comparable to other similarly titled measures used by other companies. In light of the foregoing limitations, you should not consider non-GAAP financial measure in isolation from or as an alternative to the financial measure prepared in accordance with U.S. GAAP. For more information on these non-GAAP financial measures, please see the tables captioned "Cheetah Mobile Inc. Reconciliation of GAAP and non-GAAP Results". Investor Relations Contact Helen Jing Zhu Cheetah Mobile Inc. Tel: +86 10 6292 7779 Email: [email protected] View original content:https://www.prnewswire.com/news-releases/cheetah-mobile-announces-fourth-quarter-and-fiscal-year-2025-unaudited-consolidated-financial-results-302723109.html