KINGSOFT CLOUD (03896) announced its interim results, with adjusted EBITDA of 1.848 billion yuan, a year-on-year increase of 155.04%.

KINGSOFT CLOUD (03896) announced its interim results for the period ending mid-2026, achieving a revenue of 5.776 billion yuan, a year-on-year increase of 33.7%; gross profit of 812 million yuan, a year-on-year increase of 23.6%; adjusted EBITDA of 1.848 billion yuan, a year-on-year increase of 155.04%; and an adjusted EBITDA margin of 32%. The announcement stated that the increase in total revenue was mainly due to the growth in revenue from AI-related customers as the company continued to upgrade its AI infrastructure and product categories, as well as the revenue growth from industry cloud projects. Looking ahead to the second half of the year, the company will maintain its strategy of high-quality and sustainable development, continuously investing in technological research and development, and comprehensively enhancing its AI cloud capabilities. At the same time, the company will actively embrace the cloud demands of the Xiaomi and Kingsoft ecosystems in the AI era. The company aims to continue creating value for its customers, shareholders, employees, and society.