Kingsoft Office 2025 Financial Report: Revenue and Net Profit Both Increase, WPS 365 Business Grows 64.93% Year-over-Year

On the evening of March 25, Kingsoft Office (688111.SH) officially released its 2025 financial report, achieving steady growth. During the reporting period, Kingsoft Office focused on its core strategy of “AI, collaboration, and internationalization,” deeply cultivating the core sector of AI office and consolidating its leading market position in the AI office field, achieving operating revenue of 5.929 billion yuan, a year-on-year increase of 15.78%; net profit attributable to the parent company was 1.836 billion yuan, a year-on-year increase of 11.63%; and net profit excluding non-recurring items was 1.803 billion yuan, a year-on-year increase of 15.82%, with profitability efficiency continuing to improve.

In its main business, WPS personal business revenue was 3.626 billion yuan, a year-on-year increase of 10.42%; WPS 365 business revenue was 720 million yuan, a year-on-year increase of 64.93%; and WPS software business revenue was 1.461 billion yuan, a year-on-year increase of 15.24%.

In 2025, Kingsoft Office continued to increase its R&D investment, with total R&D expenditure reaching 2.095 billion yuan, a year-on-year increase of 23.57%; by the end of the period, the number of R&D personnel totaled 3,979, a year-on-year increase of 14.57%, accounting for approximately 65.79% of the total number of employees, providing solid support for the implementation of its strategy.

Leading the transformation of the next generation of office methods, WPS AI monthly active users increased by 307% year-on-year.

The dual-track strategy of “Office AI reconstruction and upgrade” and “AI Office native exploration” has brought significant user feedback. The financial report shows that by the end of 2025, WPS AI’s domestic monthly active users had exceeded 80.13 million, a year-on-year increase of 307%.

WPS is promoting a comprehensive intelligent upgrade around its existing component system, deeply embedding AI capabilities into high-frequency office scenarios such as document creation, typesetting, data analysis, and presentation generation, ensuring that a massive number of users can first enjoy globally leading AI office services, significantly enhancing the activity level of core AI functions and further consolidating the company’s core competitiveness in the AI office field.

At the same time, WPS Lingxi, as an “AI office all-round partner,” has launched three major intelligent entities for presentations, spreadsheets, and documents, accurately adapting to high-frequency office scenarios in the workplace, achieving a leap from “understanding intent” to “actually doing work,” and pioneering the era of intelligent office entities.

In 2026, the company will continue to focus on AI efforts, deepen Office Agent’s scenario applications, and become a top-tier international office intelligent entity. On the technical level, the company will strengthen core capabilities such as intelligent task planning and tool invocation, improving the autonomy of complex office tasks, and promoting the evolution of AI from an auxiliary tool to an intelligent collaborator.

In March 2026, WPS for Pad was launched, becoming the first native desktop-level office application in the iPadOS ecosystem, filling the gap in professional office solutions for tablets, and quickly reaching the top of the free overall charts in the Apple App Store after its launch.

WPS 365 has achieved a year-on-year revenue growth of over 60% for four consecutive quarters, with its market influence continuing to rise.

During the reporting period, the WPS 365 business continued to maintain high-quality and high-speed growth, with revenue of 720 million yuan, a year-on-year increase of 64.93%, maintaining a consecutive four-quarter revenue year-on-year growth of over 60%, achieving breakthroughs in vertical product implementation and penetration with top clients.

Relying on the underlying technology of WPS end and cloud documents, WPS 365 has innovatively launched the “Knowledge Enhanced Generation (KAG)” framework, breaking through limitations such as traditional AI model hallucinations and insufficient adaptation to professional scenarios. Through refined knowledge governance and intelligent graph reasoning, it provides reliable AI support for organizations’ serious business scenes, addressing the pain points of unstructured data “aggregation difficulty, governance difficulty, implementation difficulty, and application difficulty,” and building an “intelligent knowledge base.”

Since last year, WPS 365’s product market influence has continued to rise. On the basis of continuously consolidating advantages with central state-owned enterprises, WPS 365 is accelerating its expansion into the markets of private enterprises, foreign-funded enterprises, and local state-owned enterprises, while simultaneously advancing channel ecosystem construction to enhance market penetration efficiency, resulting in a continuous increase in enterprise coverage.

Additionally, WPS 365 continues to upgrade and iterate for vertical industry scenarios, launching industry-specific versions. The WPS 365 pharmaceutical version features specialized AI functions and has been officially launched for CROs and other pharmaceutical companies, filling the gap in professional office solutions for the industry; the WPS 365 education version covers 75% of “Double First Class” universities, serving over 20 million teachers and students, with WPS AI being included as a benchmark product in the AI general education textbooks of universities; the WPS 365 government version integrates collaborative office capabilities around essential government office scenarios, creating a one-stop government AI office platform that effectively meets the compliance and efficiency needs of the government sector.

The internationalization strategy is accelerating, with overseas paid user numbers growing by over 63%.

The financial report shows that overseas WPS personal business revenue reached 282 million yuan, a year-on-year increase of 53.67%, with the cumulative annual number of paid personal users reaching 2.85 million, a year-on-year increase of 63.39%. By the end of the reporting period, the number of WPS Office overseas monthly active devices had reached 245 million. Among them, large-screen users grew rapidly, with the overseas monthly active device number for the PC version reaching 42.47 million, a year-on-year increase of 53.78%.

Based on international development, Kingsoft Office continues to promote the upgrade of the WPS international personal version product and the deployment of overseas nodes. It has completed the internationalization transformation of product interfaces, languages, and functions; simultaneously completed the deployment of data centers in regions such as Europe, North America, and Southeast Asia to meet the cloud collaboration and data security needs of global users. Currently, the international version has been upgraded and replaced in multiple overseas regions, introducing globally leading AI models to continuously enhance product competitiveness.

The internationalization layout of WPS 365 has also achieved breakthroughs. Kingsoft Office has partnered with overseas partners such as Oman Telecom and Vietnam’s FPT Group to build AI collaborative office solutions. The product possesses global integrated office capabilities across regions and languages, with core functions fully adapting to overseas office scenarios, effectively supporting efficient collaboration for multinational teams. Currently, the WPS 365 international version has provided comprehensive services for local customers in Hong Kong and Chinese-funded enterprises going overseas, helping companies achieve efficient collaboration and digital transformation.

The content of this article is for reference only and does not constitute any investment advice.