Cheetah Mobile Reports Q2 Loss of $0.42 per Share

Key Facts

1Cheetah Mobile reported a Non-GAAP loss per ADS of $0.42.

2The company's revenue reached $39.22 million for the reporting period.

Amid ongoing challenges for global tech firms, Cheetah Mobile released its second-quarter financial results. The company reported a non-GAAP loss per American Depositary Share (ADS) of $0.42. Total revenue for the reporting period reached $39.22 million, highlighting the current financial performance of the group within its operational landscape.

According to market data, the company maintained cash and cash equivalents totaling $187.3 million (RMB 1,271.0 million) as of June 30, 2026. These results come as the company faces a 9.9% year-over-year decline in revenue, positioning its cash reserves as a critical factor for investors monitoring its operational runway.

The stock, CMCM, closed at $3.35 on September 10, 2026, having traded between a day low of $3.30 and a high of $3.54. Traders are watching the $3.30 support level to gauge market reaction to the earnings miss. With no major corporate catalysts in the upcoming seven-day economic calendar, price action is expected to be driven by the digestion of these quarterly figures.