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Home/News Feed/Kingsoft Cloud Q1 revenue rises 37%, AI business grows 90%, but net loss widens

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Kingsoft Cloud Q1 revenue rises 37%, AI business grows 90%, but net loss widens

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Company Fundamentals

27 May 2026

PRNewsWire

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Bullish

Kingsoft Cloud reported a 37.2% year-over-year revenue increase to RMB2.7 billion in Q1 2026, driven by a 90% growth in its AI business which now accounts for over half of its public cloud revenue. Despite revenue growth and improved adjusted EBITDA margin of 27.6%, the company posted a net loss of RMB343.7 million due to higher costs from AI infrastructure investments. Kingsoft Cloud plans continued investment in infrastructure to support expansion amid strong demand. The results highlight the company's focus on AI and cloud services as key growth drivers despite ongoing losses.

More News (KC)

Kingsoft Cloud's Q1 revenue jumps 37% YoY, signaling strong growth and margin gains for FY26.

Kingsoft Cloud reported a 37% year-over-year revenue increase in the first quarter of fiscal year 2026, outperforming the 24% growth seen in the previous quarter. The company is expected to continue strong revenue growth and improve profit margins th...

Analyst Insights

Bullish

4 hours ago