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: ir@cmcm.com
CHEETAH MOBILE INC.
Condensed Consolidated Balance Sheets
(Unaudited, amounts in thousands of Renminbi ("RMB") and US dollars ("US$"))
As of
December 31, 2024 December 31, 2025
RMB RMB USD
ASSETS
Current assets:
Cash and cash equivalents 1,833,031 1,506,625 215,445
Short-term investments 335 9,527 1,362
Accounts receivable, net 473,619 468,058 66,931
Prepayments and other current assets, net 1,365,761 1,154,774 165,132
Due from related parties, net 106,934 94,821 13,559
Total current assets 3,779,680 3,233,805 462,429
Non-current assets:
Property and equipment, net 51,564 40,238 5,754
Operating lease right-of-use assets 26,323 16,833 2,407
Intangible assets, net 190,665 54,069 7,732
Goodwill 424,099 460,034 65,784
Long-term investments 817,330 688,459 98,448
Deferred tax assets 128,581 112,913 16,146
Other non-current assets 86,059 77,521 11,085
Total non-current assets 1,724,621 1,450,067 207,356
Total assets 5,504,301 4,683,872 669,785
LIABILITIES, MEZZANINE EQUITY
AND SHAREHOLDERS' EQUITY
Current liabilities:
Accounts payable 219,566 211,689 30,271
Accrued expenses and other current liabilities 2,756,805 2,264,659 323,842
Due to related parties 69,606 18,613 2,662
Income tax payable 35,804 54,430 7,783
Total current liabilities 3,081,781 2,549,391 364,558
Non-current liabilities:
Deferred tax liabilities 43,046 21,711 3,105
Other non-current liabilities 172,348 154,422 22,082
Total non-current liabilities 215,394 176,133 25,187
Total liabilities 3,297,175 2,725,524 389,745
Mezzanine equity:
Redeemable noncontrolling interests 189,725 197,560 28,251
Shareholders' equity:
Ordinary shares 248 254 36
Additional paid-in capital 2,722,504 2,736,117 391,260
Accumulated deficit (1,232,577) (1,490,947) (213,203)
Accumulated other comprehensive income 410,423 362,245 51,800
Total Cheetah Mobile Inc. shareholders' 1,900,598 1,607,669 229,893
equity
Noncontrolling interests 116,803 153,119 21,896
Total shareholders' equity 2,017,401 1,760,788 251,789
Total liabilities, mezzanine equity and 5,504,301 4,683,872 669,785
shareholders' equity
CHEETAH MOBILE INC.
Condensed Consolidated Statements of Comprehensive Loss
(Unaudited, amounts in thousands of Renminbi ("RMB") and US dollars ("US$"), except for number of shares and per share(or ADS) data)
For The Three Months Ended
For The Year Ended
December 31, December 31, December 31, December 31, December 31, December 31,
2024 2025 2025 2024 2025 2025
RMB RMB USD RMB RMB USD
Revenues 237,089 308,851 44,165 806,877 1,150,444 164,511
Internet business 160,152 155,896 22,293 517,188 615,281 87,984
AI and others 76,937 152,955 21,872 289,689 535,163 76,527
Cost of revenues (a) (64,317) (103,475) (14,797) (261,682) (316,411) (45,246)
Gross profit 172,772 205,376 29,368 545,195 834,033 119,265
Operating income and expenses:
Research and development (a) (65,506) (149,863) (21,430) (243,391) (346,152) (49,499)
Selling and marketing (a) (104,851) (72,657) (10,390) (342,421) (362,735) (51,870)
General and administrative (a) (56,281) (87,101) (12,455) (244,385) (266,522) (38,112)
Impairment of goodwill and intangible (152,890) (41,563) (5,943) (152,890) (41,563) (5,943)
assets
Other operating (expense)/income (377) 31 4 637 3,496 500
Total operating income and expenses (379,905) (351,153) (50,214) (982,450) (1,013,476) (144,924)
Operating loss (207,133) (145,777) (20,846) (437,255) (179,443) (25,659)
Other income/(expenses):
Interest income, net 9,862 5,484 784 44,422 30,629 4,380
Foreign exchange (losses)/gains (32,236) 14,156 2,024 (21,726) 30,783 4,402
Other expense, net (82,300) (74,481) (10,651) (139,769) (108,652) (15,537)
Loss before income taxes (311,807) (200,618) (28,689) (554,328) (226,683) (32,414)
Income tax (expenses)/benefits (51,064) 13,722 1,962 (47,258) (8,469) (1,211)
Net loss (362,871) (186,896) (26,727) (601,586) (235,152) (33,625)
Less: net income attributable to 3,913 3,843 550 15,971 22,561 3,226
noncontrolling interests
Net loss attributable to Cheetah (366,784) (190,739) (27,277) (617,557) (257,713) (36,851)
Mobile shareholders
Net loss per share
Basic (0.2438) (0.1262) (0.0180) (0.4161) (0.1754) (0.0251)
Diluted (0.2439) (0.1262) (0.0180) (0.4162) (0.1764) (0.0252)
Net loss per ADS
Basic (12.1907) (6.3082) (0.9000) (20.8042) (8.7724) (1.2550)
Diluted (12.1947) (6.3082) (0.9000) (20.8097) (8.8185) (1.2600)
Weighted average number of shares
outstanding
Basic 1,512,707,145 1,550,604,238 1,550,604,238 1,503,054,847 1,533,473,068 1,533,473,068
Diluted 1,512,707,145 1,550,604,238 1,550,604,238 1,503,054,847 1,533,473,068 1,533,473,068
Weighted average number of ADSs
outstanding
Basic 30,254,143 31,012,085 31,012,085 30,061,097 30,669,461 30,669,461
Diluted 30,254,143 31,012,085 31,012,085 30,061,097 30,669,461 30,669,461
Other comprehensive income/(loss) ,
net of tax of nil
Foreign currency translation adjustments 51,667 (25,511) (3,648) 49,045 (50,422) (7,210)
Unrealized gains/(losses) on available- 7,277 (5,541) (792) 2,642 1,121 160
for-sale securities, net
Other comprehensive income/(loss) 58,944 (31,052) (4,440) 51,687 (49,301) (7,050)
Total comprehensive loss (303,927) (217,948) (31,167) (549,899) (284,453) (40,675)
Less: Total comprehensive income 2,199 1,889 270 14,089 21,438 3,066
attributable to noncontrolling
interests
Total comprehensive loss attributable to (306,126) (219,837) (31,437) (563,988) (305,891) (43,741)
Cheetah Mobile shareholders
For The Three Months Ended
For The Year Ended
December 31, December 31, December 31, December 31, December 31, December 31,
2024 2025 2025 2024 2025 2025
(a) Share-based compensation expenses RMB RMB USD RMB RMB USD
Cost of revenues (460) 2 81 16 2
Research and development 1,280 1,007 144 1,924 1,193 171
Selling and marketing (495) 290 41 (662) 773 111
General and administrative 4,819 7,867 1,125 24,758 17,858 2,554
Total 5,144 9,166 1,310 26,101 19,840 2,838
CHEETAH MOBILE INC.
Reconciliation of GAAP and Non-GAAP Results
(Unaudited, amounts in thousands of Renminbi ("RMB") and US dollars ("US$"), except for per share data )
For The Three Months Ended December 31, 2025
For The Year Ended December 31, 2025
GAAP Share-based Amortization Impairment Non-GAAP GAAP Share-based Amortization Impairment Non-GAAP
of of
Result Compensation intangible of Result Result Compensation intangible of
goodwill goodwill Result
assets* and assets* and
intangible intangible
assets assets
RMB RMB RMB RMB RMB USD RMB RMB RMB RMB RMB USD
Revenues 308,851 308,851 44,165 1,150,444 1,150,444 164,511
Cost of revenues (103,475) 2 (103,473) (14,797) (316,411) 16 (316,395) (45,244)
Gross profit 205,376 2 205,378 29,368 834,033 16 834,049 119,267
Research and development (149,863) 1,007 108,471 (40,385) (5,775) (346,152) 1,193 127,171 (217,788) (31,143)
Selling and marketing (72,657) 290 2,070 (70,297) (10,053) (362,735) 773 5,078 (356,884) (51,033)
General and administrative (87,101) 7,867 (79,234) (11,330) (266,522) 17,858 (248,664) (35,558)
Impairment of goodwill and (41,563) 41,563 (41,563) 41,563
intangible assets
Other operating income, net 31 31 4 3,496 3,496 500
Total operating income and (351,153) 9,164 110,541 41,563 (189,885) (27,154) (1,013,476) 19,824 132,249 41,563 (819,840) (117,234)
expenses
Operating (loss)/income (145,777) 9,166 110,541 41,563 15,493 2,214 (179,443) 19,840 132,249 41,563 14,209 2,033
Net loss attributable to Cheetah (190,739) 9,166 110,541 41,563 (29,469) (4,217) (257,713) 19,840 132,249 41,563 (64,061) (9,159)
Mobile shareholders
Diluted losses per ordinary share (0.1262) 0.0059 0.0714 0.0268 (0.0221) (0.1764) 0.0129 0.0863 0.0271 (0.0501)
(RMB)
Diluted losses per ADS (RMB) (6.3082) 0.2950 3.5682 1.3400 (1.1050) (8.8185) 0.6450 4.3135 1.3550 (2.5050)
Diluted losses per ADS (USD) (0.9000) 0.0422 0.5082 0.1916 (0.1580) (1.2600) 0.0922 0.6158 0.1938 (0.3582)
For The Three Months Ended December 31, 2024 For The Year Ended December 31, 2024
GAAP Share-based Amortization Impairment Non-GAAP GAAP Share-based Amortization
of of Impairment Non-GAAP
Result Compensation intangible of Result Result Compensation intangible of
goodwill goodwill Result
assets* and assets* and
intangible intangible
assets assets
RMB RMB RMB RMB RMB RMB RMB RMB RMB RMB
Revenues 237,089 237,089 806,877 806,877
Cost of revenues (64,317) (460) (64,777) (261,682) 81 (261,601)
Gross profit 172,772 (460) 172,312 545,195 81 545,276
Research and development (65,506) 1,280 6,156 (58,070) (243,391) 1,924 24,624 (216,843)
Selling and marketing (104,851) (495) 469 (104,877) (342,421) (662) 1,876 (341,207)
General and administrative (56,281) 4,819 (51,462) (244,385) 24,758 (219,627)
Impairment of goodwill and intangible (152,890) 152,890 (152,890) 152,890
assets
Other operating income, net (377) (377) 637 637
Total operating income and expenses (379,905) 5,604 6,625 152,890 (214,786) (982,450) 26,020 26,500 152,890 (777,040)
Operating loss (207,133) 5,144 6,625 152,890 (42,474) (437,255) 26,101 26,500 152,890 (231,764)
Net loss attributable to Cheetah Mobile (366,784) 5,144 6,625 152,890 (202,125) (617,557) 26,101 26,500 152,890 (412,066)
shareholders
Diluted losses per ordinary share (RMB) (0.2439) 0.0034 0.0044 0.1011 (0.1350) (0.4162) 0.0174 0.0176 0.1017 (0.2795)
Diluted losses per ADS (RMB) (12.1947) 0.1700 0.2200 5.0547 (6.7500) (20.8097) 0.8700 0.8800 5.0847 (13.9750)
* This represents amortization of intangible assets resulting from business acquisitions.
CHEETAH MOBILE INC.
Information about Segment
(Unaudited, amounts in thousands of Renminbi ("RMB") and US dollars ("US$"), except for percentage)
For The Three Months Ended December 31, 2025 For The Year Ended December 31, 2025
Internet AI and Consolidated Internet AI and
Business others Business others Consolidated
RMB RMB RMB USD RMB RMB RMB USD
Revenues 155,896 152,955 308,851 44,165 615,281 535,163 1,150,444 164,511
Operating Costs and expenses
Cost of revenues(i) 31,300 72,173 103,473 14,797 106,606 209,789 316,395 45,244
Selling and marketing(i) 45,326 27,041 72,367 10,349 220,312 141,650 361,962 51,759
Research and development(i) 10,367 138,489 148,856 21,286 110,060 234,899 344,959 49,328
Other segment items(i) 22,237 98,529 120,766 17,269 63,436 223,295 286,731 41,001
Adjusted operating income/(losses) 46,666 (183,277) (136,611) (19,536) 114,867 (274,470) (159,603) (22,821)
Unallocated amounts-share based compensations (9,166) (1,310) (19,840) (2,838)
Operating loss (145,777) (20,846) (179,443) (25,659)
Reconciliation of segment profit/(loss)
Interest income, net 5,484 784 30,629 4,380
Foreign exchange gains, net 14,156 2,024 30,783 4,402
Other expense, net (74,481) (10,651) (108,652) (15,537)
Loss before income taxes (200,618) (28,689) (226,683) (32,414)
For The Three Months Ended December 31,
2024 For The Year Ended December 31, 2024
Internet AI and others Consolidated Internet AI and
others Consolidated
Business Business
RMB RMB RMB RMB RMB RMB
Revenues 160,152 76,937 237,089 517,188 289,689 806,877
Operating Costs and expenses
Cost of revenues(i) 21,174 43,603 64,777 79,812 181,789 261,601
Selling and marketing(i) 70,243 35,103 105,346 200,945 142,138 343,083
Research and development(i) 30,651 33,575 64,226 115,476 125,991 241,467
Other segment items(i) 11,877 192,852 204,729 58,122 313,758 371,880
Adjusted operating income/(losses) 26,207 (228,196) (201,989) 62,833 (473,987) (411,154)
Unallocated amounts-share based compensations (5,144) (26,101)
Operating loss (207,133) (437,255)
Reconciliation of segment profit/(loss)
Interest income, net 9,862 44,422
Foreign exchange gains, net (32,236) (21,726)
Other expense, net (82,300) (139,769)
Loss before income taxes (311,807) (554,328)
(i) Share-based compensations were not allocated to segments. Other segment items include general and administrative expenses and other operating expenses allocated to the respective segments.
CHEETAH MOBILE INC.
Reconciliation from Net Loss Attributable to Cheetah Mobile Shareholders to Adjusted EBITDA (Non-GAAP)
(Unaudited, amounts in thousands of Renminbi ("RMB") and US dollars ("US$"))
For The Three Months Ended For The Year Ended
December 31, December 31, December 31, December 31, December 31, December 31,
2024 2025 2025 2024 2025 2025
RMB RMB USD RMB RMB USD
Net loss attributable to Cheetah Mobile (366,784) (190,739) (27,277) (617,557) (257,713) (36,851)
shareholders
Add:
Income tax expenses/(benefits) 51,064 (13,722) (1,962) 47,258 8,469 1,211
Interest income, net (9,862) (5,484) (784) (44,422) (30,629) (4,380)
Depreciation and other amortization 14,619 114,426 16,363 51,453 147,235 21,054
Net income attributable to noncontrolling 3,913 3,843 550 15,971 22,561 3,226
interests
Other expense, net 114,536 60,325 8,627 161,495 77,869 11,135
Share-based compensation 5,144 9,166 1,310 26,101 19,840 2,838
Impairment of goodwill and intangible 152,890 41,563 5,943 152,890 41,563 5,943
assets
Adjusted EBITDA (34,480) 19,378 2,770 (206,811) 29,195 4,176
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SOURCE Cheetah Mobile
