Quarterly ResultJun 10, 2026, 06:31 AM
Cheetah Mobile Q1 Revenue $37.5M; Robotics Revenue Up 175.9%
AI Summary
Cheetah Mobile Inc. announced its first quarter 2026 financial results, reporting total revenues of RMB259.0 million (US$37.5 million). The company saw significant growth in its Robotics and others segment, with revenue increasing 175.9% year over year. While overall net loss narrowed, revenues from Internet Services and Global Enterprise Services experienced year-over-year decreases, primarily due to declines in online advertising and advertising agency services. The company maintained a strong cash position with RMB1,280.6 million in cash and cash equivalents.
Key Highlights
- Cheetah Mobile Inc. reported Q1 2026 total revenues of RMB259.0 million (US$37.5 million).
- Robotics and others revenue surged 175.9% year over year to RMB51.2 million, representing 19.8% of total revenue.
- Cloud and AI infrastructure services revenue grew 68.3% year over year to RMB46.8 million.
- Internet value-added services revenue increased 8.2% year over year to RMB98.3 million.
- Net loss attributable to shareholders narrowed to RMB17.5 million (US$2.5 million) from RMB33.4 million in Q1 2025.
- Non-GAAP net loss attributable to shareholders was RMB11.7 million, an improvement from RMB21.1 million.
- The company ended the quarter with RMB1,280.6 million (US$185.6 million) in cash and cash equivalents.
Price Impact