Kingsoft Q1 2026: AI Drives Office Growth, Profit Soars 284%

Kingsoft Corporation Limited, a leading Chinese software and Internet service company, has announced its unaudited quarterly results for the first quarter of 2026, showcasing a 3% year-on-year revenue increase to RMB2,416.7 million. The company's office software and services segment, driven by AI capabilities, surged 24% to RMB1,613.2 million, while online games and others declined 22% to RMB803.5 million. Profit attributable to owners of the parent soared 284% to RMB1,091.3 million, reflecting strong operational leverage and strategic focus on AI and core game operations.

Chairman Mr. Jun LEI emphasized the company's commitment to technology empowerment, with Kingsoft Office Group deepening its 'AI, Collaboration, and Internationalization' strategy. The WPS individual business saw AI features boost monthly active users, conversion rates, and average revenue per paying user. WPS 365 expanded its coverage among private and local state-owned enterprises, with increasing large-scale customer orders. Government AI products were refined and rolled out across departments, supporting digital transformation. The online games business, despite a revenue dip, maintained stable user bases for JX3 Online and classic JX series, while new game Goose Goose Duck focused on user growth after its January release.

CEO Mr. Tao ZOU highlighted that the office business growth was driven by all three principal businesses of Kingsoft Office Group, while the games decline was due to existing game revenues, partially offset by new game contributions. Looking ahead, Kingsoft plans to deepen AI capabilities, implement Agent products, and expand internationally for its office business. For games, the company will increase R&D investment in core games and leverage AI for content creation to enhance user experience. The full release is available on NEWMEDIAWIRE and the original release can be found at www.newmediawire.com.