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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Kingsoft
Kingsoft (3888) investor relations material
Kingsoft Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2026 earnings summary19 Aug, 2026
Executive summary
Revenue for Q2 2026 rose 9% year-over-year to RMB2,510.4 million, with office software and services up 25% and online games down 15%.
Operating profit increased 9% year-over-year to RMB418.7 million; adjusted net profit attributable to owners rose 37% to RMB330.5 million.
For H1 2026, revenue was RMB4,927.1 million (+6% YoY); profit attributable to owners: RMB1,639.3 million (+101% YoY); adjusted net profit: RMB580.6 million (–13% YoY).
AI integration across office, gaming, and cloud businesses drove growth in office software and services, while online games faced lifecycle and competitive pressures.
Cash resources at quarter-end were RMB27,156.6 million, supporting ongoing AI strategy and business expansion.
Financial highlights
Q2 2026 revenue: RMB2,510.4 million (+9% YoY, +4% QoQ); office software/services: RMB1,700.0 million (+25% YoY, +5% QoQ); online games/others: RMB810.4 million (–15% YoY, +1% QoQ).
Operating profit: RMB418.7 million (+9% YoY, +6% QoQ); gross profit margin: 79% (down 1pp YoY/QoQ).
Adjusted net profit attributable to owners: RMB330.5 million (+37% YoY, +32% QoQ); adjusted net profit margin: 13%.
R&D costs for Q2 2026 increased 9% year-over-year to RMB930.9 million, reflecting continued AI investment.
Cash resources at end of Q2 2026 totaled RMB27,156.6 million.
Outlook and guidance
AI remains the core strategic direction, with ongoing investment in AI-driven product innovation across office, games, and cloud.
Office business to focus on AI-native product innovation and commercialization; online games to enhance core IPs and explore new categories.
Cloud business to capture AI-driven demand, improve computing power delivery, and expand customer base.
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Latest events from Kingsoft
- FY2023 returned to profit as office subscriptions and flagship games drove growth.3888
Q4 2023 - Profit surged 284% as office software growth and AI offset gaming declines.3888Q1 2026
- Profit rose 29% to RMB2,004.4 million despite a 6% revenue decline and margin compression.3888Q4 2025
- Office software growth offsets gaming decline; strong cash and AI focus continue.3888Q3 2025
- Q2 2025 profit rose to RMB532.4 million as office software growth offset gaming declines.3888Q2 2025
- Record Q3 revenue and profit driven by gaming and AI-powered office software growth.3888Q3 2024
- Q2 and H1 2024 saw double-digit revenue and profit growth, led by software and gaming.3888Q2 2024
- Revenue up 9% year-on-year, driven by office software, online games, and AI initiatives.3888Q1 2025
- Record revenue and profit growth in 2024 fueled by AI, new games, and office software strength.3888Q4 2024
Next Kingsoft earnings date
Q3 202618 Nov, 2026
Kingsoft
Next Kingsoft earnings date
Q3 202618 Nov, 2026
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Frequently asked questions
Kingsoft Corporation Limited is a technology company that develops and provides software products, internet services, and cloud solutions. Its core offerings include office productivity software, cloud storage services, and entertainment-focused applications such as online games. The company serves individual users and enterprises, focusing on enhancing digital efficiency and entertainment experiences. The company is headquartered in Beijing, China, and its shares are listed on the SEHK.