Kingsoft Cloud Q2 Revenue Up 30.8% YoY to Record High, AI Drives Significant Profitability Improvement | Earnings Insights

Kingsoft Cloud's total revenue for the second quarter reached 3.072 billion yuan, up 30.8% year-over-year, marking a record high for a single quarter. Among this, revenue from AI cloud computing bills grew 82% year-over-year, accounting for 56% of total public cloud revenue. Under generally accepted accounting principles, the company recorded its first positive operating profit this quarter, with adjusted operating margin reaching 4.0%, a significant improvement from -7.1% in the same period last year.