
KINGSOFT CLOUD 1Q Non-GAAP EBITDA Up 1.3x YoY to RMB750M

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KINGSOFT CLOUDreported a 1Q26 non-GAAP EBITDA of RMB750M, up 1.3x YoY. Total revenue reached RMB2.704B, a 37.2% YoY increase but down 2.1% QoQ. The net loss widened to RMB344M. The growth was driven by revenue from XIAOMI-W and AI-related customers, despite a QoQ decline due to seasonal factors.
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