Kingsoft's H1 Net Profit Surges 101%, Gaming Drops 15%: 'Goose Goose Duck' Becomes New Ace

Summary

Kingsoft Software released its 2026 interim results on August 19, reporting total revenue of RMB 4.927 billion, up 6% year-on-year, and net profit attributable to shareholders of RMB 1.639 billion, a staggering 101% increase. Despite the strong overall performance, the gaming segment saw revenue fall 15% year-on-year, drawing attention in the earnings report. However, the gaming business is not without bright spots: Goose Goose Duck, a multiplayer social deduction game operated by the company, has shown impressive performance with user activity and revenue exceeding expectations, positioning it as a potential new ace for Kingsoft's gaming arm. Kingsoft has long pursued a dual-engine strategy of office software and gaming. The profit surge is mainly attributed to the steady growth of its WPS office business and cost optimization, while the gaming decline stems from older titles entering the late stage of their lifecycle with no new releases to take over. The rise of Goose Goose Duck may fill that gap and open new opportunities in the social gaming track. For players, continued operation and localization updates for Goose Goose Duck are highly anticipated. For the industry, Kingsoft's success demonstrates opportunities for non-traditional game companies in the social casual space, and offers a reference for long-term operation of smaller-scale games. Whether Kingsoft can turn…