Kingsoft Cloud (NASDAQ: KC) — Q2 Pre Earnings

Pre earnings note company quarterly analysis

Key Driver: AI Business Gross Billing Growth

Kingsoft Cloud’s AI business gross billing grew 90% year over year in Q1 to RMB1.0 billion, accounting for more than half of public cloud revenue for the first time. Public cloud revenue increased 47.5%. Q2 results will show whether AI business gross billing growth continued.

Operations Tracker

As of August 18, 2026

OPERATION

STATUS

Public cloud services

🟢 Scaling

Enterprise cloud services

🟠 Weakening

Sources: AI business gross billing, public cloud revenue, public cloud services, enterprise cloud services

Disclosure: All content and tracker data are provided for informational and journalistic purposes only and are derived from public company filings, earnings transcripts and official releases. This content does not constitute financial analysis, investment advice, or a recommendation to buy or sell securities.