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Beijing Kingsoft Office Software (688111) investor relations material
Beijing Kingsoft Office Software Q1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Achieved revenue of RMB 1.61 billion in Q1 2026, up 23.95% year-over-year.
Net profit attributable to shareholders surged 444.97% year-over-year to RMB 2.20 billion, driven by significant investment gains.
Adjusted net profit (excluding share-based payments and investment gains) was RMB 580 million, up 32.17% year-over-year.
Continued strategic focus on AI, collaboration, and internationalization, with robust growth in core business lines.
Financial highlights
Operating cash flow increased 69.60% year-over-year to RMB 59.73 million.
Total assets rose to RMB 20.22 billion, up 11.35% from year-end 2025.
Shareholders’ equity reached RMB 15.13 billion, up 17.71% from year-end 2025.
R&D investment totaled RMB 571.54 million, up 21.55% year-over-year, representing 35.43% of revenue.
Segment performance
WPS personal business revenue was RMB 975 million, up 13.80% year-over-year, with global monthly active devices at 672 million.
WPS 365 revenue reached RMB 244 million, up 60.79% year-over-year, driven by AI and collaboration product upgrades.
WPS software business revenue was RMB 347 million, up 32.24% year-over-year, supported by strong demand from government and enterprise clients.
- 2025 revenue up 15.78%, net profit up 11.63%, with strong AI-driven growth and high R&D.688111
Q4 202526 Mar 2026 - Revenue and profit surged in Q2 and H1 2024, led by office, gaming, and AI growth.688111
Q2 202423 Jan 2026 - Record Q3 growth driven by gaming, AI office software, and strong cash flow; 2025 outlook robust.688111
Q3 202413 Jan 2026 - Revenue up 10.12% and net profit up 3.57% with strong AI-driven growth.688111
Q2 202523 Dec 2025 - Q3 revenue up 25.33% and net profit up 35.42% year-over-year, led by WPS 365 and AI growth.688111
Q3 202523 Dec 2025 - Q1 2025 saw 6% revenue growth, 10% net profit growth, and robust WPS 365 expansion.688111
Q1 202523 Dec 2025 - Net profit jumped 24.84% on 12.40% revenue growth, driven by innovation and efficiency gains.688111
Q4 202423 Dec 2025
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Next Beijing Kingsoft Office Software earnings date
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