BEIJING, Sept. 11, 2025 /PRNewswire/ -- Cheetah Mobile Inc. $(CMCM)$ ("Cheetah Mobile" or the "Company"), a China-based IT company, today announced its unaudited consolidated financial results for the quarter ended June 30, 2025.
Management Commentary
Mr. Sheng Fu, Cheetah Mobile's Chairman and Chief Executive Officer, remarked, "We delivered another quarter of solid topline growth and meaningful improvement in profitability, underscoring the early progress of our strategic transformation. Total revenue increased 57.5% year-over-year, driven by strong performance of both of our reporting segments. Our Internet business continued to benefit from our transition to a subscription-based model, with growing user engagement and retention. Revenue from our AI and others segment grew 86.4% year-over-year and accounted for 46.5% of total revenue. With the planned addition of UFACTORY, our recently acquired robotic arm business, we aim to strengthen our robotics capabilities and expand our addressable market. We remain committed to investing in AI utility applications and robotics. Encouraged by our business momentum, we will continue to drive sustainable growth and long-term shareholder value."
Mr. Thomas Ren, Chief Financial Officer of Cheetah Mobile, commented: "We continued to improve profitability in the second quarter, supported by disciplined execution and enhanced operational efficiency. Both GAAP and non-GAAP losses once again narrowed significantly year-over-year and quarter-over-quarter, reflecting meaningful progress in our loss reduction efforts. This demonstrates that our path to profitability is both credible and sustained. Our Internet business remained profitable, while adjusted operating losses from our AI and others segment declined significantly, down 62.8% year-over-year and 32.1% quarter-over-quarter, as we shifted from early exploration to a more focused, efficiency-driven strategy. Leveraging AI to accelerate R&D and scale up real-world use cases has contributed meaningfully to this improvement. Our balance sheet remains healthy, giving us the flexibility to continue investing in innovation while maintaining a clear path toward breakeven."
Second Quarter 2025 Financial Highlight
-- Total revenues grew by 57.5% year-over-year and 14.0%
quarter-over-quarter, accelerating to RMB295.2 million (US$41.2 million)
in the second quarter of 2025.
-- Gross profit increased by 85.0% year-over-year and 18.6%
quarter-over-quarter, to RMB224.8 million (US$31.4 million) in the second
quarter of 2025. Non-GAAP gross profit rose by 84.4% year-over-year and
18.6% quarter-over-quarter to RMB224.8 million (US$31.4 million). Gross
margin was 76.1% in the second quarter of 2025, up from 64.8% in the
year-ago quarter and 73.2% in the previous quarter. Non-GAAP gross margin
was 76.1% in the second quarter of 2025, up from 65.0% in the year-ago
quarter and 73.2% in the previous quarter.
-- Operating loss reduced by 85.7% year-over-year and 58.3%
quarter-over-quarter to RMB11.1 million (US$1.5 million) in the second
quarter of 2025. Non-GAAP operating loss reduced by 96.7% year-over-year
and 85.5% quarter-over-quarter to RMB2.1 million (US$0.3 million) in the
second quarter of 2025.
-- Net loss attributable to Cheetah Mobile Shareholders decreased by 81.7%
year-over-year and 32.1% quarter-over-quarter to RMB22.6 million (US$3.2
million) in the second quarter of 2025. Non-GAAP net loss attributable to
Cheetah Mobile Shareholders decreased by 87.4% year-over-year and 35.4%
quarter-over-quarter to RMB13.7 million (US$1.9 million) in the second
quarter of 2025.
-- As of June 30, 2025, the Company had cash and cash equivalents of
RMB2,019.6 million (US$281.9 million), ensuring strong liquidity. In the
second quarter, the Company generated RMB361.7 million (US$50.5 million)
from its operating activities.
-- As of June 30, 2025, the Company had long-term investments of RMB791.2
million (US$110.5 million).
Conference Call Information
The Company will hold a conference call on September 11, 2025, 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: 4960957
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: 3115762
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 RMB7.1636 to US$1.00, the exchange rate in effect as of June 30, 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 attracted hundreds of millions of users through an array of internet products and services on PCs and mobile devices. At the same time, it actively engages in the independent research and development of AI technologies, including LLM technologies. 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 service robots to international clients. Cheetah Mobile is also committed to leveraging its cutting-edge AI technologies, including LLM technologies, to empower its products and make the world smarter. It 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 and impairment of goodwill
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 and 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 and impairment of goodwill resulting
from business acquisitions;
-- Non-GAAP net income/loss attributable to Cheetah Mobile shareholders
excludes share-based compensation expenses, amortization of intangible
assets and impairment of goodwill resulting from business acquisitions;
-- Non-GAAP diluted earnings/losses per ADS excludes share-based
compensation expenses, amortization of intangible assets and impairment
of goodwill resulting from business acquisitions; and
-- Non-GAAP adjusted EBITDA represents net loss attributable to Cheetah
Mobile shareholders excluding share-based compensation, interest income,
depreciation and amortization, impairment of goodwill, net income
attributable to noncontrolling interests, other income/expenses, net and
income tax expenses/benefits.
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 and impairment of goodwill 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 June 30, 2025
----------------- ----------------------
RMB RMB USD
ASSETS
Current assets:
Cash and cash equivalents 1,833,031 2,019,598 281,925
Short-term investments 335 336 47
Accounts receivable, net 473,619 436,074 60,874
Prepayments and other current
assets, net 1,365,761 1,001,989 139,873
Due from related parties, net 106,934 118,748 16,577
----------------- ----------- ---------
Total current assets 3,779,680 3,576,745 499,296
----------------- ----------- ---------
Non-current assets:
Property and equipment, net 51,564 40,856 5,703
Operating lease right-of-use
assets 26,323 21,680 3,026
Intangible assets, net 190,665 176,758 24,674
Goodwill 424,099 424,099 59,202
Long-term investments 817,330 791,238 110,453
Deferred tax assets 128,581 127,696 17,826
Other non-current assets 86,059 81,097 11,321
----------------- ----------- ---------
Total non-current assets 1,724,621 1,663,424 232,205
----------------- ----------- ---------
Total assets 5,504,301 5,240,169 731,501
================= =========== =========
LIABILITIES, MEZZANINE EQUITY
AND SHAREHOLDERS' EQUITY
Current liabilities:
Accounts payable 219,566 227,013 31,690
Accrued expenses and other
current liabilities 2,756,805 2,576,527 359,669
Due to related parties 69,606 19,167 2,676
Income tax payable 35,804 43,812 6,116
----------------- ----------- ---------
Total current liabilities 3,081,781 2,866,519 400,151
----------------- ----------- ---------
Non-current liabilities:
Deferred tax liabilities 43,046 40,443 5,646
Other non-current liabilities 172,348 167,755 23,418
----------------- ----------- ---------
Total non-current liabilities 215,394 208,198 29,064
----------------- ----------- ---------
Total liabilities 3,297,175 3,074,717 429,215
----------------- ----------- ---------
Mezzanine equity:
Redeemable noncontrolling
interests 189,725 194,077 27,092
Shareholders' equity:
Ordinary shares 248 249 35
Additional paid-in capital 2,722,504 2,724,540 380,331
Accumulated deficit (1,232,577) (1,288,577) (179,878)
Accumulated other comprehensive
income 410,423 403,029 56,261
----------------- ----------- ---------
Total Cheetah Mobile Inc.
shareholders' equity 1,900,598 1,839,241 256,749
Noncontrolling interests 116,803 132,134 18,445
----------------- ----------- ---------
Total shareholders' equity 2,017,401 1,971,375 275,194
----------------- ----------- ---------
Total liabilities, mezzanine
equity and shareholders'
equity 5,504,301 5,240,169 731,501
================= =========== =========
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 Six Months Ended
------------------------------------------- -------------------------------------------
June 30, 2024 June 30, 2025 June 30, 2025 June 30, 2024 June 30, 2025 June 30, 2025
------------- ------------- ------------- ------------- ------------- -------------
RMB RMB USD RMB RMB USD
Revenues 187,417 295,218 41,211 377,705 554,224 77,366
Internet business 113,729 157,837 22,033 222,749 316,978 44,248
AI and others 73,688 137,381 19,178 154,956 237,246 33,118
Cost of revenues (a) (65,895) (70,426) (9,831) (135,651) (139,931) (19,534)
------------- ------------- ------------- ------------- ------------- -------------
Gross profit 121,522 224,792 31,380 242,054 414,293 57,832
Operating income and
expenses:
Research and
development (a) (54,285) (67,083) (9,364) (111,616) (128,327) (17,914)
Selling and marketing
(a) (73,396) (102,434) (14,299) (148,532) (207,272) (28,934)
General and
administrative (a) (71,610) (66,627) (9,301) (140,755) (119,251) (16,647)
Other operating
income, net 228 289 40 736 2,959 413
------------- ------------- ------------- ------------- ------------- -------------
Total operating
income and expenses (199,063) (235,855) (32,924) (400,167) (451,891) (63,082)
Operating loss (77,541) (11,063) (1,544) (158,113) (37,598) (5,250)
Other
income/(expenses):
Interest income, net 9,773 9,980 1,393 25,089 15,585 2,176
Foreign exchange
(losses)/gains (7,564) 6,349 886 (10,841) 7,999 1,117
Other expense, net (51,612) (17,844) (2,491) (59,207) (21,853) (3,051)
------------- ------------- ------------- ------------- ------------- -------------
Loss before income
taxes (126,944) (12,578) (1,756) (203,072) (35,867) (5,008)
Income tax
benefits/(expenses) 6,391 (3,865) (540) 6,193 (8,685) (1,212)
------------- ------------- ------------- ------------- ------------- -------------
Net loss (120,553) (16,443) (2,296) (196,879) (44,552) (6,220)
Less: net income
attributable to
noncontrolling
interests 3,288 6,200 865 6,997 11,448 1,598
------------- ------------- ------------- ------------- ------------- -------------
Net loss attributable
to Cheetah Mobile
shareholders (123,841) (22,643) (3,161) (203,876) (56,000) (7,818)
============= ============= ============= ============= ============= =============
Net loss per share
Basic (0.0841) (0.0162) (0.0023) (0.1390) (0.0397) (0.0055)
Diluted (0.0841) (0.0163) (0.0023) (0.1391) (0.0398) (0.0056)
Net loss per ADS
Basic (4.2042) (0.8116) (0.1150) (6.9488) (1.9861) (0.2750)
Diluted (4.2067) (0.8152) (0.1150) (6.9542) (1.9923) (0.2800)
Weighted average
number of shares
outstanding
Basic 1,495,962,672 1,518,381,903 1,518,381,903 1,495,088,007 1,517,084,516 1,517,084,516
Diluted 1,495,962,672 1,518,381,903 1,518,381,903 1,495,088,007 1,517,084,516 1,517,084,516
Weighted average
number of ADSs
outstanding
Basic 29,919,253 30,367,638 30,367,638 29,901,760 30,341,690 30,341,690
Diluted 29,919,253 30,367,638 30,367,638 29,901,760 30,341,690 30,341,690
Other comprehensive
income/(loss), net
of tax of nil
Foreign currency
translation
adjustments 8,383 (7,643) (1,067) 29,414 (7,915) (1,105)
Unrealized gains on
available-for-sale
securities, net (9,206) 188 26 (7,434) 2,848 398
------------- ------------- ------------- ------------- ------------- -------------
Other comprehensive
(loss)/income (823) (7,455) (1,041) 21,980 (5,067) (707)
------------- ------------- ------------- ------------- ------------- -------------
Total comprehensive
loss (121,376) (23,898) (3,337) (174,899) (49,619) (6,927)
------------- ------------- ------------- ------------- ------------- -------------
Less: Total
comprehensive income
attributable to
noncontrolling
interests 2,118 7,113 993 4,544 13,775 1,923
------------- ------------- ------------- ------------- ------------- -------------
Total comprehensive
loss attributable to
Cheetah Mobile
shareholders (123,494) (31,011) (4,330) (179,443) (63,394) (8,850)
============= ============= ============= ============= ============= =============
For The Three Months
Ended For The Six Months Ended
---------------------- ------------------------
June June June June June June
30, 30, 30, 30, 30, 30,
2024 2025 2025 2024 2025 2025
------ ------ ------ ------ ------- -------
(a) Share-based
compensation
expenses RMB RMB USD RMB RMB USD
Cost of revenues 357 5 1 449 10 1
Research and
development 116 62 9 408 358 50
Selling and
marketing 154 229 32 110 300 42
General and
administrative 7,831 2,065 288 15,076 7,277 1,016
------ ------ ------ ------ ------- -------
Total 8,458 2,361 330 16,043 7,945 1,109
====== ====== ====== ====== ======= =======
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 June 30, 2025 For The Six Months Ended June 30, 2025
---------------------------------------------------------- ----------------------------------------------------------
Amortization Amortization
GAAP Share-based of Non-GAAP GAAP Share-based of Non-GAAP
intangible intangible
Result Compensation assets* Result Result Compensation assets* Result
--------- ------------ ------------ ------------------- --------- ------------ ------------ -------------------
RMB RMB RMB RMB USD RMB RMB RMB RMB USD
Revenues 295,218 - - 295,218 41,211 554,224 - - 554,224 77,366
Cost of
revenues (70,426) 5 - (70,421) (9,830) (139,931) 10 - (139,921) (19,533)
--------- ------------ ------------ --------- -------- --------- ------------ ------------ --------- --------
Gross profit 224,792 5 - 224,797 31,381 414,293 10 - 414,303 57,833
Research and
development (67,083) 62 6,156 (60,865) (8,496) (128,327) 358 12,312 (115,657) (16,145)
Selling and
marketing (102,434) 229 469 (101,736) (14,202) (207,272) 300 938 (206,034) (28,761)
General and
administrative (66,627) 2,065 - (64,562) (9,013) (119,251) 7,277 - (111,974) (15,631)
Other operating
income, net 289 - - 289 40 2,959 - - 2,959 413
--------- ------------ ------------ --------- -------- --------- ------------ ------------ --------- --------
Total operating
income and
expenses (235,855) 2,356 6,625 (226,874) (31,671) (451,891) 7,935 13,250 (430,706) (60,124)
Operating loss (11,063) 2,361 6,625 (2,077) (290) (37,598) 7,945 13,250 (16,403) (2,291)
Net loss
attributable
to Cheetah
Mobile
shareholders (22,643) 2,361 6,625 (13,657) (1,907) (56,000) 7,945 13,250 (34,805) (4,859)
Diluted losses
per ordinary
share (RMB) (0.0163) 0.0016 0.0043 (0.0104) (0.0398) 0.0052 0.0086 (0.0260)
Diluted losses
per ADS (RMB) (0.8152) 0.0800 0.2152 (0.5200) (1.9923) 0.2600 0.4323 (1.3000)
Diluted losses
per ADS $(USD)$ (0.1150) 0.0112 0.0312 (0.0726) (0.2800) 0.0363 0.0622 (0.1815)
For The Three Months Ended June 30, 2024 For The Six Months Ended June 30, 2024
------------------------------------------------ ------------------------------------------------
Amortization Amortization
GAAP Share-based of Non-GAAP GAAP Share-based of Non-GAAP
intangible intangible
Result Compensation assets* Result Result Compensation assets* Result
--------- ------------ ------------ --------- --------- ------------ ------------ ---------
RMB RMB RMB RMB RMB RMB RMB RMB
Revenues 187,417 - - 187,417 377,705 - - 377,705
Cost of
revenues (65,895) 357 - (65,538) (135,651) 449 - (135,202)
--------- ------------ ------------ --------- --------- ------------ ------------ ---------
Gross profit 121,522 357 - 121,879 242,054 449 - 242,503
Research and
development (54,285) 116 6,156 (48,013) (111,616) 408 12,312 (98,896)
Selling and
marketing (73,396) 154 469 (72,773) (148,532) 110 938 (147,484)
General and
administrative (71,610) 7,831 - (63,779) (140,755) 15,076 - (125,679)
Other operating
income, net 228 - - 228 736 - - 736
--------- ------------ ------------ --------- --------- ------------ ------------ ---------
Total operating
income and
expenses (199,063) 8,101 6,625 (184,337) (400,167) 15,594 13,250 (371,323)
Operating loss (77,541) 8,458 6,625 (62,458) (158,113) 16,043 13,250 (128,820)
Net loss
attributable
to Cheetah
Mobile
shareholders (123,841) 8,458 6,625 (108,758) (203,876) 16,043 13,250 (174,583)
Diluted losses
per ordinary
share (RMB) (0.0841) 0.0057 0.0043 (0.0741) (0.1391) 0.0107 0.0089 (0.1195)
Diluted losses
per ADS (RMB) (4.2067) 0.2850 0.2167 (3.7050) (6.9542) 0.5350 0.4442 (5.9750)
* 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 June 30,
2025 For The Six Months Ended June 30, 2025
------------------------------------- --------------------------------------
Internet AI and Internet AI and
Business others Consolidated Business others Consolidated
-------- -------- ----------------- -------- -------- ------------------
RMB RMB RMB USD RMB RMB RMB USD
Revenues 157,837 137,381 295,218 41,211 316,978 237,246 554,224 77,366
Operating Costs
and expenses
Cost of revenues(i) 26,315 44,106 70,421 9,830 49,307 90,614 139,921 19,533
Selling and
marketing(i) 62,119 40,086 102,205 14,267 129,615 77,357 206,972 28,892
Research and
development(i) 33,409 33,612 67,021 9,355 66,252 61,717 127,969 17,864
Other segment
items(i) 13,744 50,529 64,273 8,973 24,947 84,068 109,015 15,218
Adjusted operating
income/(losses) 22,250 (30,952) (8,702) (1,214) 46,857 (76,510) (29,653) (4,141)
Unallocated
amounts-share
based
compensations (2,361) (330) (7,945) (1,109)
Operating loss (11,063) (1,544) (37,598) (5,250)
Reconciliation of
segment
profit/(loss)
Interest income,
net 9,980 1,393 15,585 2,176
Foreign exchange
gains, net 6,349 886 7,999 1,117
Other
(expense)/income,
net (17,844) (2,491) (21,853) (3,051)
Loss before income
taxes (12,578) (1,756) (35,867) (5,008)
For The Three Months Ended June For The Six Months Ended June 30,
30, 2024 2024
-------------------------------- ---------------------------------
Internet AI and Internet AI and
Business others Consolidated Business others Consolidated
-------- -------- ------------ -------- --------- ------------
RMB RMB RMB RMB RMB RMB
Revenues 113,729 73,688 187,417 222,749 154,956 377,705
Operating Costs
and expenses
Cost of revenues(i) 19,730 45,808 65,538 38,951 96,251 135,202
Selling and
marketing(i) 39,384 33,858 73,242 77,589 70,833 148,422
Research and
development(i) 25,444 28,725 54,169 52,231 58,977 111,208
Other segment
items(i) 15,012 48,539 63,551 31,157 93,786 124,943
Adjusted operating
income/(losses) 14,159 (83,242) (69,083) 22,821 (164,891) (142,070)
Unallocated
amounts-share
based
compensations (8,458) (16,043)
Operating loss (77,541) (158,113)
Reconciliation of
segment
profit/(loss)
Interest income,
net 9,773 25,089
Foreign exchange
losses, net (7,564) (10,841)
Other
(expense)/income,
net (51,612) (59,207)
Loss before income
taxes (126,944) (203,072)
(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 Six Months Ended
---------------------------- ----------------------------------
June
June 30, June 30, 30, June 30, June 30,
2024 2025 2025 2024 2025 June 30, 2025
--------- -------- ------- --------- -------- -------------
RMB RMB USD RMB RMB USD
Net loss attributable
to Cheetah Mobile
shareholders (123,841) (22,643) (3,161) (203,876) (56,000) (7,818)
Add:
Income tax
(benefits)/expenses (6,391) 3,865 540 (6,193) 8,685 1,212
Interest income, net (9,773) (9,980) (1,393) (25,089) (15,585) (2,176)
Depreciation and
other amortization 12,317 10,757 1,502 24,629 20,539 2,867
Net income
attributable to
noncontrolling
interests 3,288 6,200 865 6,997 11,448 1,598
Other expense 59,176 11,495 1,605 70,048 13,854 1,934
Share-based
compensation 8,458 2,361 330 16,043 7,945 1,109
Adjusted EBITDA (56,766) 2,055 288 (117,441) (9,114) (1,274)
--------- -------- ------- --------- -------- -------------
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SOURCE Cheetah Mobile
(END) Dow Jones Newswires
September 11, 2025 05:30 ET (09:30 GMT)
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