金山云Kingsoft Cloud Holdings Ltd（KC）2025年第一季度财务业绩报告「NASDAQ」（英文版）（7页）.pdf

1、Kingsoft Cloud Announces Unaudited First Quarter 2025 Financial Results05/28/2025BEIJING,May 28,2025/PRNewswire/-Kingsoft Cloud Holdings Limited(Kingsoft Cloud or the Company)(NASDAQ:KC and HKEX:3896),aleading cloud service provider in China,today announced its unaudited financial results for the fi

2、rst quarter ended March 31,2025.Mr.Tao Zou,Chief Executive Officer of Kingsoft Cloud,commented,Despite uncertainties in global supply chain,we believe the importance for cloudservices as infrastructure in the AI-era is gaining greater traction.This quarter,our gross billing of AI business increased

3、by 228%year-over-year toRMB525 million,accounting for 39%of our public cloud services.We are confident and fully committed into our AI related investment and high-qualityand sustainable business development.Mr.Henry He,Chief Financial Officer of Kingsoft Cloud,added,Our revenue increased by 10.9%yea

4、r-over-year,achieving RMB1,970.0 million forthe first quarter;however sequentially we experienced seasonal decrease.Our adjusted gross profit was RMB327.7 million,increased by 9.6%year-over-year and decreased by 23.4%quarter-over-quarter.Adjusted gross margin was 16.6%in this quarter,compared with 1

5、6.8%in the firstquarter 2024 and 19.2%in the fourth quarter last year.Our adjusted operating loss was RMB55.8 million,narrowed by 56%from RMB127.0 million inthe same period last year.Our adjusted EBITDA profit achieved RMB318.5 million,representing an adjusted EBITDA margin of 16.2%First Quarter 202

6、5 Financial ResultsTotal Revenues reached RMB1,970.0 million(US$271.51 million),increased by 10.9%year-over-year from RMB1,775.7 million in the same quarterof 2024 and decreased by 11.7%quarter-over-quarter from RMB2,232.1million in the fourth quarter of 2024.The year-over-year increase was mainlydu