Kingsoft Cloud Holdings Ltd. (KC)
NASDAQ:KC
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Earnings Data
Report Date
Aug 26, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
-0.12Last Year’s EPS
-0.25Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed strong top-line growth, a decisive structural shift toward AI-driven revenue (AI now >50% of public cloud), and a large improvement in adjusted EBITDA and EBITDA margin—underscoring improving profitability from a higher-value mix. However, the company faces meaningful near-term cost and supply-chain pressures (higher IDC costs, steep depreciation, heavy capex), a QoQ gross-profit decline, and constrained ability to immediately scale due to supply limitations. Management plans substantial continued investment (RMB 15–20 billion capex guide) to capture demand while expecting margins to recover as capacity and pricing normalize.Company Guidance
Strong Overall Revenue Growth
Total revenue of RMB 2,704 million in Q1 2026, representing year-over-year growth of ~37.2%. Revenue growth has been consecutive for 8 quarters.
Public Cloud and AI Become Primary Drivers
Public cloud revenue reached RMB 1,996 million (up 47.5% YoY). AI cloud gross billings were RMB 998–1,000 million (reported as ~RMB 1.0 billion), up 90.1% YoY and accounted for 50.1% of public cloud revenue (AI became the majority driver of public cloud revenue).
Explosive Token/Inference Traction
Token services showed exceptional growth with April 2026 revenue ~53x that of January 2026. Management reported rapidly accelerating inference demand driven by AI agents and coding use cases.
Substantial Improvement in EBITDA and Margin
Adjusted EBITDA reached RMB 748 million, up ~135% YoY. Adjusted EBITDA / non-GAAP EBITDA margin improved materially to ~27.6%–28% (an increase of ~11–11.4 percentage points YoY), reflecting higher-value AI revenue mix and operating leverage.
Strong Ecosystem Partnerships and Revenue Contribution
Revenue from Xiaomi and Kingsoft Ecosystem was RMB 838 million, up 68.9% YoY and accounted for 31.0% of total revenue. Company revised connected-transaction annual caps under the 2025–2027 framework to RMB 14.2 billion, signaling deepened strategic cooperation.
Product and Technology Advances
Key product milestones: StarFlow expansion (new speech and image/video generation APIs), Agent Engine launch with one-click agent deployment (5-minute deployments for mainstream agents), KS3 cache accelerator delivering millisecond-level latency, and Galaxy Stack achieving full-stack private deployment for AI (including StarFlow and security modules).
KC Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
KC Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 27, 2026 | $13.03 | $13.12 | +0.69% |
Mar 25, 2026 | $13.87 | $14.80 | +6.71% |
Nov 19, 2025 | $12.45 | $12.38 | -0.56% |
Aug 20, 2025 | $13.62 | $13.80 | +1.32% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Kingsoft Cloud Holdings Ltd. (KC) report earnings?
Kingsoft Cloud Holdings Ltd. (KC) is schdueled to report earning on Aug 26, 2026, Before Open (Confirmed).
What is Kingsoft Cloud Holdings Ltd. (KC) earnings time?
Kingsoft Cloud Holdings Ltd. (KC) earnings time is at Aug 26, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is KC EPS forecast?
KC EPS forecast for the fiscal quarter 2026 (Q2) is -0.12.
