Operations
As of August 20, 2026
Q2 Revenue
↑ 30.8% YoY
$3.07B
Divisions
Public Cloud Services
76.7%
Enterprise Cloud Services
23.3%
Key Earnings Driver
AI Cloud Services Public cloud services revenue increased 45.1% year over year to RMB2.358 billion. Enterprise cloud services revenue declined 1.3% to RMB714.3 million. Management said the revenue increase was mainly driven by growing demand for AI cloud services
Key Operating Metrics¹
METRIC
STATUS
Public Cloud Services↑ 45.1%
AI cloud services
🟢 Scaling
Enterprise Cloud Services↓ 1.3%
🟡 Watch
Key Financial Metrics
Gross Margin
15.17%
+0.75 pp YoY
Backlog / Revenue
N/A
CapEx Intensity
N/A
Key Operating Metrics¹: Core operating metrics relevant to revenue, sourced from Kingsoft Cloud website and/or SEC filings for Q2, with status based on reported data.