As a leader in domestic office software,
According to the latest 2025 financial report,
AI Empowerment: Monthly Active Users Tripled in Two Years
The most impressive indicator in the report is the explosive penetration of WPS AI.
High Activity: As of the end of 2025, the monthly active users of WPS AI in China have exceeded 80.13 million, with a year-on-year increase of as high as 307%.
Product Evolution: With continuous iteration of related features, AI has evolved from simple writing assistance into a comprehensive assistant that deeply participates in document processing and data analysis, greatly enhancing C-end users' willingness to pay.
Global Expansion Success: Paid Users Abroad Exceed 2.85 Million
While focusing on the domestic market,
Revenue Surge: The overseas business revenue reached 280 million yuan in 2025, increasing significantly by 54% year-on-year.
Improved User Quality: The number of annual paid users abroad reached 2.85 million, up 63% year-on-year. This means that WPS is successfully transforming from a "free alternative" to a "professional paid tool" on a global scale.
Enterprise Market Growth: WPS 365 Becomes an Growth Engine
In response to the digital transformation needs of the B-end market, WPS 365 has shown strong revenue-generating capabilities:
Outstanding Performance: The business generated revenue of 720 million yuan for the year, with a year-on-year growth rate as high as 65%.
Bright Prospects: Institutional forecasts suggest that with the further implementation of enterprise-level AI applications, WPS 365 is expected to maintain a high growth rate of 40%-50% in 2026.
Positive Outlook from Capital Markets: Target Price Raised to 400 Yuan
Based on the functional breakthroughs of AI products and the continued improvement of C-end business, multiple financial institutions are optimistic about
Earnings Forecast: Institutions have raised their net profit forecast for 2026 to 2.87 billion yuan.
Ratings Confirmation: Maintaining the "Outperform Industry" rating and setting a target price of 400 yuan.
From a tool to a platform, and then to a comprehensive AI assistant,
