Kingsoft Cloud Reports Interim Results with Adjusted EBITDA Soaring 155% to RMB 1.848 Billion

Stock News
Aug 19

Kingsoft Cloud Holdings Ltd (03896) has announced its interim results for the period ending 2026, posting total revenue of RMB 5.776 billion, a year-on-year increase of 33.7%. The company's gross profit reached RMB 812 million, up 23.6% from the prior corresponding period, while adjusted EBITDA surged 155.04% to RMB 1.848 billion. The adjusted EBITDA margin stood at 32% during the reporting period.

According to the company's announcement, the overall revenue growth was primarily driven by increased contributions from AI-related clients, supported by the firm's ongoing upgrades to its AI infrastructure and product offerings. Additionally, revenue from industry cloud projects also recorded notable expansion, further bolstering the top-line performance.

Looking ahead to the second half of the year, Kingsoft Cloud will continue to uphold its strategy of high-quality development and sustainable growth. The company plans to persistently invest in technology research and development while comprehensively enhancing its AI cloud capabilities. At the same time, it will actively embrace the cloud computing demand arising from the Xiaomi and Kingsoft ecosystems amid the fast-evolving AI landscape. The company remains committed to delivering sustained value for its customers, shareholders, employees, and the broader community.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10