Cheer Holding Announces First Half 2026 Financial Results

BEIJING, July 28, 2026 (GLOBE NEWSWIRE) -- Cheer Holding, Inc. (NASDAQ: CHR) (“Cheer Holding” or the “Company”), a leading provider of advanced mobile internet infrastructure and platform services, today announced its financial results for the six months ended June 30, 2026.

“We are pleased to report a solid first half of 2026, highlighted by a 26.1% increase in income from operations and a 4.0% increase in net income, driven by continued operational discipline across our CHEERS ecosystem,” said Mr. Bing Zhang, Chairman and Chief Executive Officer of Cheer Holding. “While revenues declined year-over-year due to macroeconomic headwinds impacting customer spending, we successfully reduced operating expenses by 20.2%, demonstrating our commitment to cost efficiency and margin expansion. Our gross margin improved to 76.7% from 70.7%, and our operating margin expanded to 17.3% from 11.7%, underscoring our effective cost optimization while maintaining service quality.”