The technology upgrades of KINGSOFT CLOUD's Xingliu platform and other products have driven rapid growth in AI cloud services. KINGSOFT CLOUD (03896) has achieved a record high in overall revenue for Q2.

On August 19, KINGSOFT CLOUD (KC.US, 03896) released its Q2 2026 financial report. The report shows that KINGSOFT CLOUD's Q2 revenue reached 3.07 billion yuan, setting a new record for quarterly revenue, with a year-on-year increase of 30.8%. During the quarter, AI cloud billing revenue reached 1.33 billion yuan, a year-on-year increase of 82%, accounting for 56% of public cloud revenue, which drove public cloud revenue up 45.1% year-on-year to 2.36 billion yuan. With an optimized revenue structure and effective cost-reduction and efficiency-enhancement measures, KINGSOFT CLOUD's profitability has continued to improve, with Q2 adjusted gross margin increasing to 15.4%, up 2.4 percentage points quarter-on-quarter; the adjusted operating profit margin reached 4.0%, achieving operating-level profitability once again. KINGSOFT CLOUD is closely focused on the demand for intelligent computing deployment and AI applications, upgrading its full-stack AI capabilities. In this quarter, KINGSOFT CLOUD's Xingyuan AgentKit platform provides a one-stop development and governance foundation for enterprise-level AI applications, integrating runtime, secure sandbox, knowledge, and memory capabilities to help enterprises quickly build production-grade AI agent applications; KINGSOFT CLOUD's Xingliu model API services upgraded to provide multi-model services and enterprise-level access capabilities, with core model throughput capacity improved by approximately 150% through high-concurrency inference optimization, and supporting full-link refined management by permissions, usage, and model dimensions.