Kingsoft Office Reports 24.69% Revenue Growth in H1 2026, With Adjusted Net Profit Up 28.29%

Deep News
08/19

Beijing Kingsoft Office Software, Inc. has released its semi-annual report for 2026, revealing robust financial performance. During the reporting period, the company achieved total revenue of 3.313 billion yuan, marking a 24.69% year-on-year increase. The adjusted net profit reached 1.087 billion yuan, up 28.29% from the previous year. Investment in research and development during the first half totaled 1.152 billion yuan, a 20.17% increase, with an expense ratio of approximately 35%.

In the personal business segment, AI has emerged as a key driver for user payment conversion and average revenue per user growth. WPS personal business generated 2.014 billion yuan in revenue, representing a 15.20% year-on-year increase. The cumulative annual paying users of WPS Office in the domestic market reached 48.25 million, up 15.44% from the same period last year. The company's newly launched AI-native office product, "Lingxi," is designed as a "professional personal office assistant," capable of directly generating editable, reviewable, traceable, and collaborative professional Office documents. Looking ahead, the company plans to prioritize the scaled operations of the upgraded "Lingxi" version in the second half of the year, continuing to explore business models such as "subscription plus AI usage" to further unlock the potential of its personal business.

For the enterprise segment, WPS 365 recorded revenue of 497 million yuan, a remarkable 60.84% year-on-year growth, marking the sixth consecutive quarter of over 60% growth since 2025. During the reporting period, the company launched the organizational-level AI office entry point, "WPS Comate," aimed at helping enterprises manage AI effectively and utilize it efficiently. This product has already been deployed across 26 typical expert scenarios in 11 major industries, with co-creation agreements established with hundreds of large and medium-sized enterprises.

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