Kingsoft Cloud publishes successful Q1 results
The total revenue of Kingsoft Cloud in the first quarter was CNY 1.81B (+30.37% YoY). The largest share of this was in the public cloud segment, which achieved CNY 1.39B in revenue. Enterprise cloud revenue reached CNY 420M (+131.3% YoY). The adjusted gross profit was CNY 122M, with the gross profit rate improving from 4.9% to 6.7%. The revenue growth rate is expected to increase significantly in Q2, with the revenue forecast ranging from CNY 2.13B to CNY 2.23B (+39% YoY).
This briefing is contributed by and first appeared on CIMK.
Source: CIMK
Related companies：
China’s OpenAI Challenger Zhipu AI Secures Over CNY 2.5 Billion to Step Further on Large-Scale Model
In-depth
Technology
China's SaaS: An 'Open Ocean' Up Ahead
China's cloud computing industry is still gradually developing, which implies infinite opportunities. When it comes to SaaS, the potential is even larger. This article is an overview of the country's cloud computing industry featuring the key players in the market, including Kingdee, Kingsoft Cloud, Youzan and Weimob.
Jun 28, 2021 06:50 PM
Briefing Feb 23, 2023 10:34 AM
· Technology
Em-Data Technology Completed Strategic Financing Round
Dec 11, 2023 08:49 PM
Nov 10, 2022 02:39 PM
Sep 30, 2022 05:31 PM
Aug 09, 2022 04:42 PM
Briefing Jan 08, 2023 02:13 PM
· Technology
Chinese Digital Company Hengyuan Technology Raised CNY 100 Mn from Series B Financing Round
AI · Analysis
EqualOcean Releases 2026 Chinese GoGlobal Digital Content and Entertainment Brands Top 10 at GGF2026
SHANGHAI, June 11, 2026 — EqualOcean officially released its 2026 Chinese GoGlobal Digital Content and Entertainment Brands Top 10 during the GoGlobal Forum of 100 2026 (GGF2026), one of China’s leading annual forums dedicated to globalization and international business expansion.
Jun 17, 2026 02:44 PM
Technology, AI · Analysis
EqualOcean Releases 2026 Chinese GoGlobal Emerging AI Applications Brands Top 10 at GGF2026
SHANGHAI, June 11, 2026 — EqualOcean officially released its 2026 GoGlobal Emerging AI Applications Brands Top 10 during the GoGlobal Forum of 100 2026 (GGF2026), one of China’s leading annual forums dedicated to globalization and international business expansion.
Jun 17, 2026 02:43 PM
Briefing Dec 28, 2022 09:16 PM
· Technology
XCMG HANYUN Bags Hundreds of Mns of CNY from Series B Financing Round
Briefing Jun 08, 2022 07:04 PM
· Technology
The European Parliament supports an annual carbon emission reduction ceiling of 4.4% from 2024.
Briefing Mar 15, 2022 03:28 PM
· Technology
CITIC Securities macro: maintain the judgment of GDP growth of 5.3% year-on-year in the first quarter
Briefing Jul 26, 2021 08:58 PM
· Technology
Hailianxun: Ma Hongjie, chief financial officer, did not reduce his shares at the expiration of the reduction period
Briefing Dec 28, 2020 02:37 PM
Cloud + AI integration goes deeper, Jinshan cloud and other enterprises press the acceleration key of enterprise intelligent transformation
Briefing Dec 24, 2020 11:00 PM
Pinduoduo, Jingdong short-term soaring, double up, pinduoduo up more than 7%
See more
Read next
Insight
In-depth
Consumer Staples · Analysis
EqualOcean Releases 2026 Chinese GoGlobal Physical Retail Brands Top 10 at GGF2026
Jun 17, 2026 02:50 PM
Insight
In-depth
Healthcare · Analysis
EqualOcean Releases 2026 Chinese GoGlobal HealthTech Brands Top 10 at GGF2026
Jun 17, 2026 02:48 PM