Kingsoft Cloud (HKEX: 3896, Nasdaq: KC) Reports Q3 2025 Results with 31.4% Revenue Growth

Bulletin Express11-19

Kingsoft Cloud Holdings Limited announced unaudited financial results for the three months ended September 30, 2025. Total revenues reached RMB2,478.0 million, an increase of 31.4% year-over-year. Revenue from public cloud services rose 49.1% to RMB1,752.3 million, driven primarily by higher AI-related demand, which recorded RMB782.4 million in gross billing during the period. Enterprise cloud services contributed RMB725.7 million, comparable to the same period last year.

Gross profit climbed to RMB380.9 million, compared to RMB303.4 million in the same period of 2024. Operating loss narrowed significantly to RMB145.3 million from RMB1,143.8 million a year earlier, partly reflecting reduced asset impairments. Adjusted operating profit improved to RMB15.4 million, reversing the previous-year loss. Net loss declined to RMB7.8 million from RMB1,061.1 million in the same period last year, while adjusted net profit turned positive at RMB28.7 million.

Management noted the strong performance in AI-related segments, supported by the ongoing expansion of intelligent computing in public cloud. Collaboration within the Xiaomi-Kingsoft ecosystem also showed notable growth, with revenue contribution reaching RMB690.8 million, an 83.8% increase year-over-year. AI-led development and broader cloud adoption continued to support Kingsoft Cloud’s accelerated revenue and profitability momentum through the quarter.

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