)
)
Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Cheetah Mobile
Cheetah Mobile (CMCM) investor relations material
Cheetah Mobile Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2026 earnings summary11 Sep, 2026
Executive summary
Achieved revenue of RMB 266.1 million in Q2 2026, up 2.7% quarter-over-quarter, with cloud and AI infrastructure and robotics segments driving growth.
Cloud and AI infrastructure revenue rose 83.1% year-over-year and 26.2% quarter-over-quarter, now 22.2% of total revenue.
Robotics and others revenue increased 72.5% year-over-year and 6.4% quarter-over-quarter, benefiting from the UFACTORY acquisition.
Internet value-added services revenue increased 6.7% year-over-year and 2.9% quarter-over-quarter, making up 38% of total revenue.
Advertising agency services revenue dropped 70% year-over-year, significantly impacting operating loss.
Financial highlights
Total revenue: RMB 266.1 million (+2.7% QoQ, +9.9% YoY).
Excluding advertising agency services, revenue was RMB 244.1 million (+10% YoY, +5% QoQ).
Operating loss: RMB 73.6 million (vs. RMB 28.3 million Q1 2026, RMB 11.1 million Q2 2025); non-GAAP operating loss: RMB 25.6 million.
Cash and cash equivalents: RMB 1,271 million ($187.3 million) as of June 30, 2026.
Gross profit for Q2 2026 was RMB 168.6 million ($24.9 million); gross margin declined due to higher costs.
Outlook and guidance
Gross billings from cloud and AI infrastructure expected to exceed RMB 2 billion in 2026, over 100% YoY growth.
Related revenue projected to surpass RMB 200 million in 2026, over 50% YoY growth.
Management expects sequential revenue growth to continue, supported by scaling AI and robotics businesses.
Focus remains on sustainable growth, expanding AI and robotics, and maintaining profitability in core segments.
Partial view of Summaries dataset, powered by Quartr API
AI can get things wrong. Verify important information.Research faster. Power your platform.
Latest events from Cheetah Mobile
- Robotics and AI infrastructure drove revenue growth and business shift, while net loss narrowed.CMCM
Q1 2026 - 2025 revenue up 48% with AI and robotics driving growth and first non-GAAP profit in six years.CMCMQ4 2025
- First quarterly operating profit in six years, led by 151% AI segment revenue growth.CMCMQ3 2025
- Q2 revenue up 58% year-over-year, gross profit rose 85%, net loss narrowed by 81.7%.CMCMQ2 2025
- Q1 2025 saw 36.1% revenue growth, higher margins, and sharply reduced losses, led by AI gains.CMCMQ1 2025
- Revenue up 16.6% with gross margin at 68% and narrowing operating losses.CMCMQ3 2024
- Q2 revenue up 12.3% YoY, driven by AI and robotics, with strong cash and global expansion.CMCMQ2 2024
- AI and enterprise revenue surged 62% year-over-year, now 43% of total, but losses widened.CMCMQ1 2024
- Q4 2024 revenue up 41.7% YoY, margins improved, and non-GAAP losses narrowed.CMCMQ4 2024
Next Cheetah Mobile earnings date
Q3 202625 Nov, 2026
Cheetah Mobile
Next Cheetah Mobile earnings date
Q3 202625 Nov, 2026
AI chat
Ask anything. Verify everything.
Ask across every event and document from public companies. Each answer links back to the exact line in the transcript, slide or filing it came from.Learn moreFind what matters
AI across all first-party IR material. Live calls, transcripts, slides, filings.)
Trust every finding
50m+ first-party documents. Every output traceable to its source.Find what matters
AI across all first-party IR material. Live calls, transcripts, slides, filings.Trust every finding
50m+ first-party documents. Every output traceable to its source.Automations
Zero in on what matters
Define the prompt once. It runs the moment a company publishes or on a schedule you set. Outputs map to the exact signals you choose.Learn more)
Event-triggered research
Runs when a company publishes new material. Trigger on the first published document for the earliest possible run, or wait for a specific one.)
Scheduled research
Runs on a recurring cadence you set. Daily, weekly, monthly, or quarterly, for aggregate reads across a period rather than a single event.Event-triggered research
Runs when a company publishes new material. Trigger on the first published document for the earliest possible run, or wait for a specific one.Scheduled research
Runs on a recurring cadence you set. Daily, weekly, monthly, or quarterly, for aggregate reads across a period rather than a single event.Live audio & transcripts
Be first
Join any earnings call live in one click, with no manual registration. Follow the transcript as it happens and jump straight to the moments that matter.Learn more)
Live earnings calls
Join any call in one click. The audio keeps playing while you work elsewhere in Quartr.)
Live transcripts
Speaker-by-speaker, in real time. Searchable across every live and historical call.Live earnings calls
Join any call in one click. The audio keeps playing while you work elsewhere in Quartr.Live transcripts
Speaker-by-speaker, in real time. Searchable across every live and historical call.Quartr MCP connects your AI environment to 17K+ public companies
Pull live transcripts, filings, and slides into Claude or Codex via MCP. Combine Quartr's global IR data with any other dataset. Run agentic research and monitoring.
Included with Quartr Pro at no extra cost.Learn more
Quartr's AI stands out because it only pulls clean, first-party data from public companies. In investing, that's everything.
Jamie Ross
Investment Manager, GAM Investments
GAM
GAM
Research that used to take hours now takes seconds with Quartr Pro. Tracking shifts in tone or extracting tables, it's as simple as typing a query.
Tom O'Hara
Investment Director
Ciena
Ciena
Before Quartr we spent hours manually compiling insights through the peer earnings cycle. Now, these tasks are done faster, with greater precision.
Gregg Lampf
VP of Investor Relations
Protean
Protean
Being able to ask specific questions across years of transcripts and reports and instantly get verified answers is a game-changer.
Pontus Dackmo
CEO & Investment Manager
)
)
Frequently asked questions
Cheetah Mobile Inc. operates as an Internet company in the People's Republic of China, the United States, and internationally. The company, through its operating subsidiaries, develops and provides mobile internet products and services under the Cheetah brand in China and internationally. It offers utility apps, including: Clean Master (the leading Android optimizer app), CM Security, one of the top security apps; Cheetah Cleaner (an Android optimizer); Cheetah Launcher (an Android app home screen launcher); and four other product lines under the "Cheetah" name for smartphones and tablets. The company also provides online presence services under the Cheetah brand, which provide services to create a special mobile version of a website or convert a PC website into a mobile version; re-skinning service for branded applications to allow users to customize an application skin with their original style and artworks; mobile enterprise solution through which it offers customers more efficient mobility solutions to their businesses through 12 enterprise-level applications; AdSDK that enables customers to offer an innovative advertising solution and monetize additional monetization opportunities; proprietary technology products that cover the categories of visual search engine optimization (SEO) products for e-commerce websites.