Revenue Growth
Kingsoft Cloud Holdings Limited reported year-over-year revenue growth of 11%, reaching RMB 1.97 billion for the first quarter of 2025.
Public Cloud Performance
Public cloud revenue increased by 14% year-over-year, reaching RMB 1.35 billion, with AI gross billing contributing significantly.
AI Business Expansion
AI gross billing reached RMB 525 million, representing a year-over-year increase of over 200% and contributing 39% of public cloud revenue.
Xiaomi and Kingsoft Ecosystem Growth
Revenue from Xiaomi and Kingsoft ecosystem reached RMB 500 million, up 50% year-over-year.
Non-GAAP EBITDA Margin Improvement
The non-GAAP EBITDA margin improved to 16.2%, an increase of 14.3 percentage points year-over-year.