Kingsoft Cloud reports Q2 EPS (RMB0.11) vs. (RMB0.10) last year

Reports Q2 revenue $RMB2.349B vs. 1.892B last year. Tao Zou, CEO of Kingsoft Cloud (KC), commented, “We resume our growth momentum this quarter, with total revenue increased by 24.2% year-over-year to achieve RMB2,349.2M. AI is still a dominant driver for our revenue growth and this quarter our gross billing of AI business increased by over 120% year-over-year to RMB728.7M, accounting for 44.8% of our public cloud services. As AI technology enabler, we provide turnkey solutions to customers from computing resources, PaaS platforms to applications. Meanwhile, we have maintained our healthy cooperation with Xiaomi – Kingsoft Ecosystem, evidenced by a 69.5% year-over-year revenue growth to reach RMB628.9M from ecosystem customers this quarter and reach RMB1,125.0M in the first half, representing a 40% completion of the continued connected transaction cap amount in the first half of 2025. We reaffirmed our confidence and fully commitment into our AI related investment and high-quality and sustainable business development.”