Kingsoft Cloud Earnings Reports

Kingsoft Cloud delivered strong top-line growth driven by AI-related demand and strategic ecosystem partnerships. While it recorded a small net loss under GAAP, the company achieved a non-GAAP net profit and turned adjusted operating profit positive.

In Q2 2025, Kingsoft Cloud achieved 24% year-over-year revenue growth, driven by strength in AI-related services. Despite improvements in gross margin and operational efficiency, the company posted a net loss of $63.8 million due to provisions for credit losses and higher interest expenses.

Kingsoft Cloud posted $271.5 million in revenue for Q1 2025 with a net loss of $43.6 million. The company saw strong year-over-year growth in AI-related revenue, although seasonal impacts affected sequential results. Adjusted EBITDA improved significantly as AI demand expanded.

Kingsoft Cloud saw significant revenue growth driven by AI cloud services, improved profitability metrics, and positive momentum in ecosystem partnerships during Q4 2024.