KINGSOFT CLOUD (KC.US, 03896.HK) Q2 revenue growth accelerated again AI revenue increased by over 120% year on year to 730 million yuan

On August 20, KINGSOFT CLOUD (KC.US, 03896.HK) released its financial report for the second quarter of 2025. During the quarter, AI had a positive impact on the main business, driving strong overall performance growth for the company. The financial report shows that KINGSOFT CLOUD's Q2 revenue was 23.5 billion yuan, an increase of 24.2% year-on-year and 19.3% quarter-on-quarter; AI revenue reached 7.3 billion yuan, a year-on-year increase of over 120%, with the proportion of public cloud revenue rising to 45%. During the quarter, public cloud revenue reached 16.3 billion yuan, a year-on-year increase of 31.7%, while industry cloud revenue reached 7.2 billion yuan, a year-on-year increase of 10.1%. Adjusted EBITDA increased by 570.1% year-on-year, reaching 4.1 billion yuan; the adjusted EBITDA margin reached 17.3%, an increase of 14.1 percentage points year-on-year.