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Kingsoft Cloud Reports Q4 Revenue of 2.23 Billion Yuan, Marking First Adjusted Operating Profit Turnaround
2025-03-19 /
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Author：小编
Kingsoft Cloud has unveiled its financial results for the fourth quarter of 2024, showcasing revenue of 2.23 billion yuan, a substantial 29.6% year-over-year growth. Adjusted gross profit hit a record high of 430 million yuan. Notably, the company achieved a significant milestone by posting its first adjusted operating profit, successfully turning around from a loss to a profit. The artificial intelligence segment demonstrated robust performance, with billing revenue surging nearly fivefold year-over-year to reach 474 million yuan. Looking ahead, the company anticipates related party transactions to amount to 11.3 billion yuan over the next three years.
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