智通财经APP获悉，11月19日，金山云(KC.US，03896.HK)发布2025年第三季度财报。财报显示，金山 云Q3营收24.8亿元，同比增长31%；其中，公有云实现收入17.5亿元，行业云实现收入7.3亿元，均实现 同环比增长。调整后毛利润3.9亿元，同比增长28%；调整后经营利润扭亏为盈达1,536万元，调整后经 营利润率0.6%；调整后净利润首次实现盈利达2,873万元。 ...

Core Insights - The company reported a strong performance in Q3 2025, with revenue reaching 2.48 billion yuan, marking a year-on-year growth rate acceleration from 24% in the previous quarter to 31% [1] - The intelligent computing cloud billing revenue reached 780 million yuan, showing a nearly 120% year-on-year increase, contributing to 45% of the public cloud revenue [1] - Public cloud revenue was 1.75 billion yuan, while industry cloud revenue was 730 million yuan, both showing sequential growth, with public cloud revenue increasing significantly by 49% year-on-year [1] - Adjusted gross profit was 390 million yuan, reflecting a year-on-year increase of 28% [1] - The company achieved adjusted operating profit of 15.36 million yuan, marking a turnaround from loss to profit, with an adjusted operating profit margin of 0.6% [1] - Adjusted net profit reached 28.73 million yuan, marking the first time the company has achieved profitability [1]

季度内，公有云实现收入17.5亿元，行业云实现收入7.3亿元，均实现了同环比增长，其中公有云同比大 幅增长49%。调整后毛利润3.9亿元，同比增长28%；调整后经营利润扭亏为盈达1,536万元，调整后经 营利润率0.6%；调整后净利润首次实现盈利达2,873万元。 11月19日，金山云(NASDAQ:KC，HKEX:3896)发布2025年第三季度财报。季度内，公司人工智能战略 稳步落实，核心业务实现韧性增长。财报显示，金山云Q3营收24.8亿元，同比增长率由上季度的24%再 次提速至31%；智算云账单收入达7.8亿元，同比增长近120%，在公有云收入占比达45%。 ...

Core Insights - Kingsoft Cloud (03896) reported Q3 2025 total revenue of RMB 2.478 billion, a year-on-year increase of 31.4% and a quarter-on-quarter increase of 5.5% [1] - Gross profit was approximately RMB 381 million, up 25.6% year-on-year [1] - Net loss narrowed to RMB 7.847 million, a 99.26% improvement year-on-year; non-GAAP net profit reached RMB 28.7 million, marking a turnaround from loss to profit [1] Revenue Growth - Revenue growth was primarily driven by the increasing income from AI-related clients due to the continuous upgrade of AI infrastructure and products [1] - Public cloud service revenue surged by 49.1% year-on-year to RMB 1.7523 billion [1] - AI business billing revenue reached RMB 782.4 million, reflecting a growth rate of approximately 120% [1] Profitability Improvement - Adjusted gross profit was RMB 392.6 million, a year-on-year increase of 27.6% and a quarter-on-quarter increase of 12.0% [1] - Adjusted EBITDA profit reached RMB 826.6 million, a year-on-year increase of 345.9% [1] - Adjusted EBITDA margin was 33.4%, up 23.6 percentage points year-on-year, attributed to improved cost and expense control [1] Strategic Developments - The company is optimistic about the rapid adoption of AI across ecosystems and various verticals, which is expected to create significant growth opportunities driven by AI [1] - Strategic cooperation with Xiaomi-Kingsoft ecosystem saw revenue contribution increase by 83.8% year-on-year to RMB 691 million [1] - The company has accelerated the expansion of intelligent computing in public cloud and is actively integrating AI with industry cloud strategies [1]

11月19日，金山云(NASDAQ:KC，HKEX:3896)发布2025年第三季度财报。季度内，公司人工智能战略 稳步落实，核心业务实现韧性增长。财报显示，金山云Q3营收24.8亿元，同比增长率由上季度的24%再 次提速至31%；智算云账单收入达7.8亿元，同比增长近120%，在公有云收入占比达45%。 季度内，公有云实现收入17.5亿元，行业云实现收入7.3亿元，均实现了同环比增长，其中公有云同比大 幅增长49%。调整后毛利润3.9亿元，同比增长28%；调整后经营利润扭亏为盈达1,536万元，调整后经 营利润率0.6%；调整后净利润首次实现盈利达2,873万元。 ...

Core Insights - Kingsoft Cloud reported a year-on-year revenue growth of 31.4%, reaching RMB 2,478.0 million in Q3 [1] - Public cloud service revenue increased by 49.1% year-on-year to RMB 1,752.3 million [1] - The AI business generated billing revenue of RMB 782.4 million, with a year-on-year growth rate of approximately 120% [1] Financial Performance - Adjusted gross profit for Q3 was RMB 392.6 million, reflecting a year-on-year increase of 27.6% and a quarter-on-quarter increase of 12.0% [1] - Adjusted EBITDA for Q3 reached RMB 826.6 million, showing a significant year-on-year growth of 345.9% [1] - The adjusted EBITDA margin for Q3 was 33.4%, which is an increase of 23.6 percentage points year-on-year [1]

Core Insights - The company reported a total revenue of RMB 2.478 billion for Q3 2025, representing a year-on-year increase of 31.4% and a quarter-on-quarter increase of 5.5% [1] - Gross profit reached approximately RMB 381 million, up 25.6% year-on-year [1] - The net loss narrowed significantly to RMB 7.847 million, a 99.26% improvement year-on-year, while non-GAAP net profit turned positive at RMB 28.7 million [1] Revenue Growth - Revenue growth was primarily driven by the increasing demand from AI-related clients as the company upgraded its AI infrastructure and products [1] - Public cloud service revenue surged by 49.1% year-on-year to RMB 1.7523 billion [1] - AI business billing revenue reached RMB 782.4 million, reflecting a growth rate of approximately 120% [1] Profitability Improvement - Adjusted gross profit was RMB 392.6 million, showing a year-on-year increase of 27.6% and a quarter-on-quarter increase of 12.0% [1] - Adjusted EBITDA profit soared to RMB 826.6 million, a year-on-year increase of 345.9%, with an adjusted EBITDA margin of 33.4%, up 23.6 percentage points year-on-year [1] - The company achieved adjusted operating profit of RMB 15.4 million, compared to a loss of RMB 140 million in the same quarter last year and a loss of RMB 166.4 million in the previous quarter [1] Strategic Partnerships - The strategic partnership with Xiaomi-Kingsoft ecosystem contributed significantly, with revenue from this ecosystem increasing by 83.8% year-on-year to RMB 691 million [1] - The integration of AI and cloud services is seen as a major market opportunity for the company, with optimism about rapid AI adoption across various verticals [1]

KINGSOFT CLOUD HOLDINGS LIMITED 金山云控股有限公司 董事會轄下的提名委員會章程 （Kingsoft Cloud Holdings Limited（金山云控股有限公司）董事會於 2022年12月20日通過，並於2025年11月19日修訂） 本章程（「章程」）有英文及繁體中文版本可供查閱。倘本章程英文及繁體中文版本 之間出現任何歧異，概以英文版本為準。 宗旨 提名委員會（「委員會」）由Kingsoft Cloud Holdings Limited（金山云控股有限公司） （「本公司」）的董事會（「董事會」）設立，根據當時生效的本公司組織章程細則及大 綱的規定： 1 • 至少每年檢討及評估董事會的架構、人數、組成（包括技能、知識及經驗）、 職能及職責是否與其需求一致，協助董事會編製董事會技能表，並就任何為 配合本公司的公司策略而擬對董事會作出的變動提出建議； • 向董事會及其委員會建議甄選候選人的標準，及物色符合有關標準、具備合 適資格可擔任董事的人士，包括對股東遞交的提名人的審議，並挑選提名有 關人士出任董事或就此向董事會提出建議； • 向董事會建議擬於下一屆股東週年大會或股東特別大 ...

Third Quarter 2025 Financial Results Total Revenues reached RMB2,478.0 million (US$348.1 million), increased by 31.4% year-over-year from RMB1,885.6 million in the same quarter of 2024 and increased by 5.5% quarter-over-quarter from RMB2,349.2 million in the second quarter of 2025. The increase was mainly due to the expanded revenue from AI related customers, with AI infrastructure and products keep upgrading. Revenues from public cloud services were RMB1,752.3 million (US$246.1 million), significantly incr ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示概不就因本公告全部或任何部分內容而產生或因倚賴 該等內容而引致的任何損失承擔任何責任。 Kingsoft Cloud Holdings Limited 金山云控股有限公司 （於開曼群島註冊成立的有限公司） （股份代號：3896） （納斯達克股票代碼：KC） 內幕消息 截至二零二五年九月三十日止三個月的 未經審計財務業績 本公告乃根據香港聯合交易所有限公司證券上市規則第13.09條及證券及期貨條例 （第571章）第XIVA部刊發。 金山云控股有限公司（「本公司」）董事（「董事」）會（「董事會」）欣然宣佈本公司、 其子公司及併表聯屬實體（統稱「本集團」）根據美國證券交易委員會（「美國證交 會」）適用規則刊發的截至二零二五年九月三十日止三個月未經審計簡明合併業績 （「第三季度業績」）。 第三季度業績乃根據美利堅合眾國公認會計準則（「美國公認會計準則」）編製，其 有別於國際財務報告準則。 本公告附件一為本公司於二零二五年十一月十九日（美國東部時間）就第三季度業 績刊發的新聞稿全文，其中部分內容可能構 ...