A Chinese cloud-computing company that runs data centers and offers cloud storage, computing, and networking services to businesses and public institutions, along with cloud products tailored for gaming, video, and artificial intelligence. It grew out of Kingsoft, the software firm behind the WPS office suite, and counts Xiaomi among its early and major customers. The "Cloud" in its name simply signals that it spun out of Kingsoft to chase the booming cloud market.
Kingsoft Cloud Q2 2026 revenue up 30.8% to RMB3,072.0M, first positive GAAP operating margin
Total revenues reached RMB3,072.0 million (US$452.83 million) for Q2 2026, up 30.8% year-over-year and 13.6% quarter-over-quarter.
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Public cloud services revenue grew 45.1% year-over-year to RMB2,357.6 million, with AI cloud gross billings reaching RMB1,327 million (56% of public cloud revenue).
GAAP operating profit was RMB23.0 million, a first-time positive operating margin of 0.7%; adjusted operating profit margin was 4.0%.
Net loss narrowed 79.6% year-over-year to RMB93.0 million; non-GAAP net loss was RMB59.8 million.
Capital expenditures (including leased assets) totaled RMB3.3 billion in Q2, up from Q1, to support AI infrastructure.
Kingsoft Cloud to hold board meeting on Aug 19, 2026 to approve Q2 and interim results
Kingsoft Cloud Holdings Limited filed a Form 6-K on August 6, 2026, including a monthly securities movement return and a board meeting announcement.
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The board meeting is scheduled for August 19, 2026, to consider and approve the unaudited Q2 2026 results (three months ended June 30, 2026) and the unaudited interim results for the six months ended June 30, 2026.
An earnings conference call will be held on August 19, 2026 at 8:15 P.M. Beijing/Hong Kong Time (8:15 A.M. U.S. Eastern Time), with a live and archived webcast on the company's IR website.
As of July 31, 2026, the company had 4,531,784,801 issued ordinary shares, with no treasury shares, and no changes during the month.
The company confirmed compliance with the applicable public float requirement of 25% for its listed shares on the Hong Kong Stock Exchange.
Kingsoft Cloud grants 16,220,972 RSUs to 438 employees under 2026 Share Incentive Plan
The RSUs have a purchase price of HK$0.01 per share; the closing price on the grant date was HK$4.92 per share.
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On July 17, 2026, Kingsoft Cloud granted 16,220,972 restricted share units (RSUs) to 438 employees, representing approximately 0.36% of total issued shares.
Vesting schedules vary: 1,262,526 RSUs vest over five years, 13,790,003 RSUs vest over three years, and 1,168,443 RSUs vest on the first anniversary.
Vesting is conditional on achieving individual performance targets based on internal appraisals; unvested RSUs are forfeited.
The company has a clawback mechanism allowing forfeiture or share transfer back in cases of misconduct or plan breach.
Kingsoft Cloud files June 2026 Form 6-K reporting no share capital changes in May 2026
Kingsoft Cloud Holdings Limited submitted a monthly return to the Hong Kong Stock Exchange on June 4, 2026, covering May 2026 share movements.
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Authorized share capital remained unchanged at 40,000,000,000 ordinary shares with par value USD 0.001, totaling USD 40,000,000.
Issued shares (excluding treasury shares) stayed at 4,531,784,801, with no treasury shares and no net change during the month.
Share options outstanding under the 2013 Share Option Scheme decreased by 114,315 to 13,308,760, with 13,224,739 shares issuable upon exercise; USD 8,484.47 was raised from option exercises.
No new shares were issued under the 2013 Share Award Scheme or 2021 Share Incentive Plan, which had 10,543,594 and 183,117,710 shares potentially issuable, respectively.