Kingsoft Cloud Holdings Limited delivered robust Q3 2025 results on November 19, reporting accelerated revenue growth and significantly reduced losses, driven by surging demand for AI computing services in its public cloud segment.

Total revenues reached RMB 2.48 billion, up 31.4% from Q3 2024 and slightly surpassing analyst expectations by 1%–1.1%. Management attributed the acceleration from Q2’s 16.1% growth to strong demand for AI computing services in the public cloud segment, as customers increased usage for intelligent infrastructure projects.