Cheetah Mobile Inc. (CMCM) Revenue History
Annual and quarterly revenue from 2013 to 2024
Compound Annual Growth Rate (CAGR)
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Revenue Growth Metrics
Revenue Breakdown (FY 2024)
CMCM's revenue distribution by segment and geography for fiscal year 2024
By Product/Segment
By Geography
CMCM Revenue Analysis (2013–2024)
As of March 2, 2026, Cheetah Mobile Inc. (CMCM) generated trailing twelve-month (TTM) revenue of $1.08 billion, reflecting explosive growth of +49.6% year-over-year. The most recent quarter (Q3 2025) recorded $287.4 million in revenue, down 2.7% sequentially.
Looking at the longer-term picture, CMCM's 5-year compound annual growth rate (CAGR) stands at -25.8%, indicating revenue contraction over this period. The company achieved its highest annual revenue of $3.59 billion in 2019.
Revenue diversification analysis shows CMCM's business is primarily driven by Internet Business (64%), and Other Operating Segment (36%). With over half of revenue concentrated in Internet Business, the company maintains significant focus in this area while developing other growth vectors.
When compared to Communication Services sector peers including TWLO (+13.7% YoY), NN (+11.6% YoY), and JFIN (+9.0% YoY), CMCM has underperformed the peer group in terms of revenue growth. Compare CMCM vs TWLO →
Peer Comparison
Compare CMCM's revenue metrics with industry peers
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| CMCMCurrent | $1.1B | +49.6% | -25.8% | -54.2% | |
| TWLO | $5.1B | +13.7% | +23.5% | 3.4% | |
| NN | $6M | +11.6% | +103.1% | -1060.1% | |
| JFIN | $5.8B | +9.0% | +21.1% | 21.5% | |
| MNY | $80M | -22.1% | - | -50.5% | |
| UPXI | $16M | +223.7% | +16.4% | -79.1% |
Historical Revenue Data
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2024 | $806.9M | +20.5% | $545.2M | 67.6% | $-437,255,000 | -54.2% |
| 2023 | $669.5M | -24.3% | $437.6M | 65.4% | $-209,837,000 | -31.3% |
| 2022 | $884.1M | +12.7% | $631.5M | 71.4% | $-225,591,000 | -25.5% |
| 2021 | $784.6M | -49.7% | $527.0M | 67.2% | $-229,571,000 | -29.3% |
| 2020 | $1.56B | -56.6% | $1.11B | 71.2% | $-531,114,000 | -34.1% |
| 2019 | $3.59B | +395.4% | $2.35B | 65.4% | $-565,247,000 | -15.8% |
| 2018 | $724.2M | -5.3% | $500.3M | 69.1% | $69.8M | 9.6% |
| 2017 | $764.6M | +16.3% | $491.0M | 64.2% | $74.7M | 9.8% |
| 2016 | $657.4M | +13.1% | $435.1M | 66.2% | $-1,376,703 | -0.2% |
| 2015 | $581.3M | +94.0% | $455.2M | 78.3% | $41.1M | 7.1% |
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Start ComparisonFrequently Asked Questions
Is CMCM's revenue growth accelerating or slowing?
CMCM revenue is accelerating at +49.6% year-over-year, exceeding the 5-year CAGR of -25.8%. TTM revenue reached $1.1B. Growth momentum has increased versus prior periods.
What is CMCM's long-term revenue growth rate?
Cheetah Mobile Inc.'s 5-year revenue CAGR of -25.8% reflects the sustained expansion pattern. Current YoY growth of +49.6% is above this long-term average.
How is CMCM's revenue distributed by segment?
CMCM reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2013-2024 are available for download. Segment mix reveals concentration and diversification trends.