AI+ Ecosystem Drives New Growth Space as Kingsoft Cloud (03896) Achieves First Adjusted Net Profit in Q3

Stock News11-19

On November 19, Kingsoft Cloud (KC.US, 03896) released its Q3 2025 financial results, showcasing steady progress in its AI strategy and resilient growth in core businesses. The report revealed that the company's Q3 revenue reached RMB 2.48 billion, accelerating to a 31% year-over-year (YoY) growth from 24% in the previous quarter. AI cloud billing revenue surged to RMB 780 million, up nearly 120% YoY, accounting for 45% of public cloud revenue.

During the quarter, public cloud revenue stood at RMB 1.75 billion, while industry cloud revenue reached RMB 730 million, both registering sequential and YoY growth. Notably, public cloud revenue grew 49% YoY. Adjusted gross profit rose 28% YoY to RMB 390 million. The company turned an adjusted operating profit of RMB 15.36 million, with an adjusted operating margin of 0.6%. For the first time, Kingsoft Cloud achieved an adjusted net profit of RMB 28.73 million.

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