KINGSOFT's stock surged 7.24% during the intraday session on Tuesday, following the release of exceptionally strong preliminary first-quarter 2026 results from its subsidiary, Kingsoft Office.
The subsidiary anticipates revenue to reach between 1.565 billion and 1.662 billion yuan, representing a year-on-year increase of 20.24% to 27.68%. More significantly, net profit attributable to shareholders is projected to skyrocket by 401.89% to 472.81%, landing in the range of 2.022 billion to 2.307 billion yuan.
The dramatic profit growth is primarily attributed to substantial investment gains from certain external investment fund projects. Even excluding these non-recurring gains, the underlying business performance remained robust, with net profit still showing healthy growth of 20.99% to 35.15% year-on-year. This core growth was driven by steady progress in the company's strategic focus on artificial intelligence, collaboration, and international expansion, with all three core business segments contributing to improved profitability.