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Recent Updates — CMCM

September 11, 2026View Source ↗

Cheetah Mobile Inc. reported unaudited second quarter 2026 financial results for the period ended June 30, 2026. Total revenues decreased 9.9% year-over-year to RMB266.1 million (US$39.2 million), with a 2.7% sequential increase. Operating loss widened to RMB33.6 million from RMB11.1 million in the prior year period, while non-GAAP operating loss was RMB25.6 million. Cloud and AI infrastructure revenue surged 83.1% year-over-year to RMB59.1 million, accounting for 22.2% of total revenues. Robotics and others revenue increased 72.5% year-over-year to RMB54.5 million. The company also announced the disposal of its entire 36.0% equity interest in a gaming-related company for approximately US$41.3 million, expected to close in September 2026. Additionally, Cheetah Mobile acquired remaining partnership interests in Orion Partnership for RMB90.8 million, increasing its aggregate equity interest in Beijing OrionStar Technology Co., Ltd. from approximately 73.95% to 75.83%. The company operates in the information technology sector, providing AI-driven software products, cloud infrastructure services, and robotic solutions.