UCloud: Net profit of 2.74 million yuan in the first quarter, turning a loss year-on-year

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Mars Finance News: On April 20, UCloud announced that in the first quarter of 2026, it achieved operating revenue of 439 million yuan, up 16.77% year-on-year; the net profit attributable to shareholders of the listed company was 2.7407 million yuan, turning from a loss to a profit year-on-year. In the first quarter of 2026, the company’s AI-related revenue accounted for more than 40%. From the beginning of 2026 to the date this report was disclosed, the company has added new nodes in multiple regions worldwide, including Denver in the United States, São Paulo in Brazil, Ho Chi Minh City in Vietnam, and Almaty in Kazakhstan. In addition, the company has continued to invest in, and implemented efficient operations at, its Wulanchabu Smart Computing Center in Inner Mongolia and its Qingpu Smart Computing Center in Shanghai. (Company Announcement)

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