Kingsoft Office Reports H1 Net Profit of 2.518 Billion Yuan, Surging 236.94% Year-on-Year

Stock News
Aug 19

Beijing Kingsoft Office Software, Inc. (688111.SH) has released its semi-annual report for 2026, showcasing robust financial performance. During the reporting period, the company achieved total operating revenue of 3.313 billion yuan, representing a year-on-year increase of 24.69%.

The net profit attributable to shareholders reached 2.518 billion yuan, marking a substantial year-on-year surge of 236.94%. Furthermore, the non-GAAP net profit stood at 2.487 billion yuan, up 241.99% from the previous year, with basic earnings per share hitting 5.44 yuan.

In terms of operational metrics, WPS personal business generated revenue of 2,014.1423 million yuan during the period, reflecting a 15.20% year-on-year growth. As of the end of the reporting period, WPS Office's global monthly active devices (MADs) reached 676 million, a 3.87% increase year-on-year. This includes 336 million PC-based monthly active devices, which grew by 10.14%, while mobile monthly active devices totaled 340 million, representing a slight decline of 1.65%.

Where to begin with the company's strategic focus? Beijing Kingsoft Office Software, Inc. maintained a high level of investment in research and development throughout the period. Cumulative R&D spending in the first half reached 1,151.8324 million yuan, up 20.17% year-on-year, accounting for approximately 35% of total revenue. The company's R&D team expanded to 3,962 personnel by the end of the period, a 12.14% increase year-on-year, representing about 64% of the total workforce, thereby solidifying the foundation for continuous product iteration and technological innovation.

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