Quarterly Breakeven Achieved
Cheetah Mobile reached quarterly breakeven ahead of expectations, marking the first operating profit in six years.
Significant Revenue Growth
Q3 revenue rose 50% year-over-year, with the AI and other segment growing 151% year-over-year and 6% quarter-over-quarter.
AI and Other Segment Expansion
The AI and other segment now represents 50% of total revenues, driven by substantial growth in AI robots and AI tools.
AI Robotics Business Surge
AI robotics business contributed 15% of total revenue, growing 100% year-over-year and 40% quarter-over-quarter, with strong demand for voice-enabled wheel robots in China.
Improved Financial Performance
Operating profit for Q3 was RMB 4 million, with a non-GAAP operating profit of RMB 15 million, compared to a RMB 60 million loss last year.
Gross Margin Improvement
Gross margin improved to 75%, up from 68% in the year-ago quarter.