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Revenue By Segment
Analyzes income from different business areas, highlighting which segments drive growth and profitability, and where the company might need to adjust strategy.
Cheetah Mobile’s revenue mix is shifting from legacy Internet services toward AI/cloud and robotics: recent reclassification exposes rapid commercial traction—robotics revenue surged and losses narrowed while cloud/AI consumption jumped—lifting their share of total revenue. Internet services remain cash‑generative but are slowing on ad headwinds. The strategic inflection is that management expects these high‑growth businesses to exceed half of revenue in H2 2026, which could meaningfully improve growth and revenue quality if execution and advertising risks are managed.
CMCM Revenue By Segment
| Date | Internet Services | Internet Business | Utility Products & Related Services | Mobile Entertainment | AI & Others | Global Enterprise Services | Robotics and others | Intersegment Elimination |
|---|---|---|---|---|---|---|---|---|
| Jun 30, 2026 | CNY 130.47M | ― | CNY 0.00 | CNY 0.00 | CNY 0.00 | CNY 81.13M | CNY 54.51M | -CNY 97.49M |
| Mar 31, 2026 | CNY 135.00M | ― | CNY 0.00 | CNY 0.00 | CNY 0.00 | CNY 83.88M | CNY 51.24M | -CNY 11.13M |
| Dec 31, 2025 | CNY 155.90M | CNY 155.90M | CNY 0.00 | CNY 0.00 | CNY 152.96M | CNY 0.00 | CNY 0.00 | CNY 0.00 |
| Sep 30, 2025 | CNY 142.41M | CNY 142.41M | CNY 0.00 | CNY 0.00 | CNY 144.96M | CNY 0.00 | CNY 0.00 | CNY 0.00 |
| Jun 30, 2025 | CNY 157.84M | CNY 157.84M | CNY 0.00 | CNY 0.00 | CNY 137.38M | CNY 0.00 | CNY 0.00 | CNY 0.00 |
| Mar 31, 2025 | CNY 159.14M | CNY 159.14M | CNY 0.00 | CNY 0.00 | CNY 99.86M | CNY 0.00 | CNY 0.00 | CNY 0.00 |
| Dec 31, 2024 | CNY 160.15M | CNY 160.15M | CNY 0.00 | CNY 0.00 | CNY 76.94M | CNY 0.00 | CNY 0.00 | CNY 0.00 |
| Sep 30, 2024 | CNY 134.29M | CNY 134.29M | CNY 0.00 | CNY 0.00 | CNY 57.80M | CNY 0.00 | CNY 0.00 | CNY 0.00 |
| Jun 30, 2024 | CNY 113.73M | CNY 113.73M | CNY 0.00 | CNY 0.00 | CNY 73.69M | CNY 0.00 | CNY 0.00 | CNY 0.00 |
| Mar 31, 2024 | CNY 109.02M | CNY 109.02M | CNY 0.00 | CNY 0.00 | CNY 81.27M | CNY 0.00 | CNY 0.00 | CNY 0.00 |
| Dec 31, 2023 | CNY 107.71M | CNY 107.71M | CNY 0.00 | CNY 0.00 | CNY 59.60M | CNY 0.00 | CNY 0.00 | CNY 0.00 |
| Sep 30, 2023 | CNY 106.78M | CNY 106.78M | CNY 0.00 | CNY 0.00 | CNY 58.03M | CNY 0.00 | CNY 0.00 | CNY 0.00 |
| Jun 30, 2023 | CNY 115.34M | CNY 115.34M | CNY 0.00 | CNY 0.00 | CNY 51.62M | CNY 0.00 | CNY 0.00 | CNY 0.00 |
| Mar 31, 2023 | CNY 120.31M | CNY 120.31M | CNY 0.00 | CNY 0.00 | CNY 50.13M | CNY 0.00 | CNY 0.00 | CNY 0.00 |