CMCM 6-K

Cheetah Mobile Inc. (CMCM)

6-K 2026-06-10 For: 2026-06-10

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Added on June 10, 2026

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CHEETAH MOBILE INC.

By:	/s/ Thomas Jintao Ren
Name:	Thomas Jintao Ren
Title:	Chief Financial Officer


	As of
	December 31, 2025	March 31, 2026
	RMB	RMB	USD
ASSETS
Current assets:
Cash and cash equivalents	1,506,625	1,280,591	185,647
Short-term investments	9,527	9,499	1,377
Accounts receivable, net	468,058	471,332	68,329
Prepayments and other current assets, net	1,154,774	1,086,601	157,524
Due from related parties, net	94,821	119,067	17,261
Total current assets	3,233,805	2,967,090	430,138

Non-current assets:
Property and equipment, net	40,238	40,967	5,939
Operating lease right-of-use assets	16,833	14,316	2,075
Intangible assets, net	54,069	51,322	7,440
Goodwill	460,034	460,034	66,691
Long-term investments	688,459	692,209	100,349
Deferred tax assets	112,913	111,313	16,137
Other non-current assets	77,521	79,947	11,590
Total non-current assets	1,450,067	1,450,108	210,221

Total assets	4,683,872	4,417,198	640,359

LIABILITIES, MEZZANINE EQUITY AND SHAREHOLDERS' EQUITY
Current liabilities:
Accounts payable	211,689	288,243	41,786
Accrued expenses and other current liabilities	2,264,659	1,967,039	285,161
Due to related parties	18,613	24,298	3,522
Income tax payable	54,430	43,360	6,286
Total current liabilities	2,549,391	2,322,940	336,755

Non-current liabilities:
Deferred tax liabilities	21,711	21,132	3,063
Other non-current liabilities	154,422	153,789	22,295
Total non-current liabilities	176,133	174,921	25,358

Total liabilities	2,725,524	2,497,861	362,113

Mezzanine equity:
Redeemable noncontrolling interests	197,560	199,656	28,944

Shareholders’ equity:
Ordinary shares	254	254	37
Additional paid-in capital	2,736,117	2,737,443	396,846
Accumulated deficit	(1,490,947)	(1,508,427)	(218,676)
Accumulated other comprehensive income	362,245	332,503	48,203
Total Cheetah Mobile Inc. shareholders’ equity	1,607,669	1,561,773	226,410
Noncontrolling interests	153,119	157,908	22,892

Total shareholders’ equity	1,760,788	1,719,681	249,302

Total liabilities, mezzanine equity and shareholders’ equity	4,683,872	4,417,198	640,359


	For The Three Months Ended
	March 31, 2025	March 31, 2026	March 31, 2026
	RMB	RMB	USD
Revenues	259,006	258,993	37,546
Internet Services	159,141	135,005	19,572
Global Enterprise Services	81,297	72,750	10,547
Robotics and others	18,568	51,238	7,427
Cost of revenues (a)	(69,505)	(92,431)	(13,400)
Gross profit	189,501	166,562	24,146

Operating income and expenses:
Research and development (a)	(61,244)	(57,722)	(8,368)
Selling and marketing (a)	(104,838)	(71,714)	(10,396)
General and administrative (a)	(52,624)	(66,136)	(9,588)
Other operating income	2,670	722	105
Total operating income and expenses	(216,036)	(194,850)	(28,247)

Operating loss	(26,535)	(28,288)	(4,101)
Other income/(expenses):
Interest income, net	5,605	3,422	496
Foreign exchange gains	1,650	19,252	2,791
Others (expense)/income, net	(4,009)	1,321	192

Loss before income taxes	(23,289)	(4,293)	(622)
Income tax expenses	(4,820)	(7,623)	(1,105)
Net loss	(28,109)	(11,916)	(1,727)
Less: net income attributable to noncontrolling interests	5,248	5,564	807
Net loss attributable to Cheetah Mobile shareholders	(33,357)	(17,480)	(2,534)

Net loss per share
Basic	(0.0235)	(0.0126)	(0.0018)
Diluted	(0.0236)	(0.0127)	(0.0018)

Net loss per ADS
Basic	(1.1749)	(0.6306)	(0.0900)
Diluted	(1.1814)	(0.6334)	(0.0900)

Weighted average number of shares outstanding
Basic	1,515,787,128	1,551,965,718	1,551,965,718
Diluted	1,515,787,128	1,551,965,718	1,551,965,718
Weighted average number of ADSs outstanding
Basic	30,315,743	31,039,314	31,039,314
Diluted	30,315,743	31,039,314	31,039,314

Other comprehensive loss , net of tax of nil
Foreign currency translation adjustments	(272)	(31,160)	(4,517)
Unrealized gains on available-for-sale securities, net	2,660	585	85
Other comprehensive income/(loss)	2,388	(30,575)	(4,432)
Total comprehensive loss	(25,721)	(42,491)	(6,159)
Less: Total comprehensive income attributable to noncontrolling interests	6,662	4,731	686
Total comprehensive loss attributable to Cheetah Mobile shareholders	(32,383)	(47,222)	(6,845)


	For The Three Months Ended
	March 31, 2025	March 31, 2026	March 31, 2026
(a) Share-based compensation expenses	RMB	RMB	USD
Cost of revenues	5	-	-
Research and development	296	932	135
Selling and marketing	71	505	73
General and administrative	5,212	2,044	296
Total	5,584	3,481	504


	For The Three Months Ended March 31, 2026
	GAAP	Share-based	Amortization of	Non-GAAP
	Result	Compensation	intangible assets*	Result
	RMB	RMB	RMB	RMB	USD
Revenues	258,993	-	-	258,993	37,546
Cost of revenues	(92,431)	-	-	(92,431)	(13,400)
Gross profit	166,562	-	-	166,562	24,146

Research and development	(57,722)	932	231	(56,559)	(8,200)
Selling and marketing	(71,714)	505	2,070	(69,139)	(10,023)
General and administrative	(66,136)	2,044	-	(64,092)	(9,292)
Other operating income, net	722	-	-	722	105
Total operating income and expenses	(194,850)	3,481	2,301	(189,068)	(27,410)

Operating loss	(28,288)	3,481	2,301	(22,506)	(3,264)
Net loss attributable to Cheetah Mobile shareholders	(17,480)	3,481	2,301	(11,698)	(1,697)

Diluted losses per ordinary share (RMB)	(0.0127)	0.0022	0.0016	(0.0089)
Diluted losses per ADS (RMB)	(0.6334)	0.1100	0.0784	(0.4450)
Diluted losses per ADS (USD)	(0.0900)	0.0159	0.0114	(0.0645)