KINGSOFT (03888) released its financial results for the three-month and six-month periods ended June 30, 2025. For the second quarter of 2025, the company achieved revenue of RMB 2.307 billion; gross profit of RMB 1.854 billion; profit attributable to shareholders of RMB 532 million, representing a 35.36% year-over-year increase; and basic earnings per share of RMB 0.39.

For the first half of 2025, the company recorded revenue of RMB 4.645 billion, up 0.75% year-over-year; gross profit of RMB 3.772 billion; profit attributable to shareholders of RMB 816 million, an increase of 20.41% year-over-year; and basic earnings per share of RMB 0.6.

Revenue from office software and services business in the first half of 2025 reached RMB 2.657 billion, representing a 10% increase compared to the same period last year. This growth was primarily driven by the expansion of WPS personal and WPS365 business under the Kingsoft Office Group. The steady growth of WPS personal business was mainly attributed to enhanced product capabilities, improved user experience, and optimized commercial strategies. The strong growth of WPS365 business was primarily due to enhanced product capabilities, high-quality services, and the replication and promotion of typical solutions across industries and business scenarios.

Research and development costs for the first half of 2025 totaled RMB 1.682 billion, representing a 16% increase compared to the same period last year. This increase was primarily due to the expansion of workforce at Kingsoft Office Group, increased outsourcing expenses for new game categories, and increased AI-related expenditures.

Mr. Lei Jun, Chairman of the company, stated: "In the second quarter, we steadily advanced our core businesses around our established strategy and firmly positioned ourselves for the future. Kingsoft Office Group continues to focus on 'AI, collaboration, and internationalization' as strategic priorities, persistently strengthening resource allocation for research and development in related areas. We are creating solutions that deeply match user scenario demands and maintaining competitive advantages in the smart office sector. Our online gaming business continues to promote content innovation and global expansion, with classic IPs and new categories developing synergistically."