Cheetah Mobile Reports 41.7% Revenue Growth in Q4 2024

Cheetah Mobile reported a robust performance in Q4 2024, with a 41.7% year-over-year revenue increase, reaching RMB 237.1 million, driven largely by its legacy internet business and AI investments. Despite a net loss of RMB 366.8 million, the company showcased improved liquidity and cash flow, generating RMB 283.0 million from operations. CEO Sheng Fu highlighted the positive momentum and commitment to growth, particularly with the upcoming launch of their voice interaction system, AgentOS. Non-GAAP operating losses also narrowed, reflecting ongoing strategic improvements and a focus on high-quality growth. The company’s gross profit margin remained strong, indicating solid operational efficiency amidst challenges. Cheetah Mobile aims to leverage its advancements in AI to enhance its product offerings further.