Earnings ·
Kingsoft Cloud Holdings Limited reported unaudited financial results for the quarter ended June 30, 2026
KCKingsoft Cloud Holdings Ltd
Kingsoft Cloud Holdings Limited reported unaudited financial results for the quarter ended June 30, 2026. Total revenue reached a record RMB3,072.0 million (US$452.8 million), up 30.8% year-over-year and 13.6% sequentially. AI cloud gross billings grew 82% year-over-year to RMB1,327 million, representing 56% of public cloud revenue. The company achieved positive operating margin (GAAP) for the first time at 0.7%, with adjusted operating profit margin reaching 4.0%. Net loss narrowed by 79.6% year-over-year to RMB93.0 million. Capital expenditures, including capitalized assets through leasing arrangements, amounted to RMB3.3 billion in Q2. Kingsoft Cloud operates in the cloud computing industry, providing infrastructure and platform services.