Kingsoft Cloud reported RMB 3.07 billion in Q2 2026 revenue, with AI cloud billings jumping 82% to RMB 1.33 billion.
Kingsoft Cloud reported a 31% year-over-year increase in Q2 2026 revenue, reaching a record RMB 3.07 billion. The growth was driven by a surge in AI cloud billings, which rose 82% to RMB 1.33 billion, alongside a return to operating profitability.
The company outlined a full-year capital expenditure base case of RMB 15 billion, reflecting continued investment in AI infrastructure. Prior quarter revenue growth was 28%, while AI cloud billings had increased 76% in the same period last year.
Management attributed the strong performance to rising demand for AI-driven cloud services and operational efficiency improvements.