Kingsoft Cloud Holdings Limited (KC) fundamental analysis — strengths, weaknesses & financial health based on data analysis
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
Kingsoft Cloud Holdings Limited (KC) stock price & volume — 10-year historical chart
Kingsoft Cloud Holdings Limited (KC) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Kingsoft Cloud Holdings Limited (KC) EPS & revenue vs analyst estimates — last 4 quarters
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Mar 25, 2026 | $0.05vs $0.09+41.4% | $395Mvs $391M+1.1% |
| Q4 2025 | Nov 19, 2025 | $0.02vs $0.10+120.0% | $346Mvs $395M-12.4% |
| Q3 2025 | Aug 20, 2025 | $0.16vs $0.16+0.0% | $328Mvs $345M-5.1% |
| Q2 2025 | May 28, 2025 | $0.10vs $0.09-11.1% | $271Mvs $325M-16.8% |
Kingsoft Cloud Holdings Limited (KC) competitors in Data platforms, analytics and business intelligence — business model, growth, and fundamentals comparison
Kingsoft Cloud Holdings Limited (KC) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Kingsoft Cloud Holdings Limited (KC) annual income statement — 10-year revenue, gross profit & net income history
| Line item | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 2.3B | 3.95B | 6.22B | 8.94B | 8.32B | 7.05B | 7.79B | 9.02B |
| Revenue Growth % | - | 71.2% | 57.6% | 43.83% | -6.93% | -15.33% | 10.47% | 25.05% |
| Cost of Goods Sold | 2.52B | 3.94B | 5.89B | 8.67B | 8.06B | 6.2B | 6.44B | 7.56B |
| COGS % of Revenue | 109.29% | 99.94% | 94.75% | 96.9% | 96.79% | 87.94% | 82.78% | - |
| Gross Profit | -214.06M▲ 0% | 2.31M▲ 101.1% | 326.35M▲ 13998.7% | 277.22M▼ 15.1% | 267.39M▼ 3.5% | 850.17M▲ 217.9% | 1.34B▲ 57.7% | 1.46B▲ 0% |
| Gross Margin % | -9.29% | 0.06% | 5.25% | 3.1% | 3.21% | 12.06% | 17.22% | 16.23% |
| Gross Profit Growth % | - | 101.08% | 13998.67% | -15.05% | -3.54% | 217.95% | 57.72% | - |
| Operating Expenses | 803.56M | 1.14B | 1.47B | 2.07B | 2.56B | 2.96B | 3.08B | 2.21B |
| OpEx % of Revenue | 34.87% | 28.96% | 23.6% | 23.1% | 30.74% | 41.98% | 39.56% | - |
| Selling, General & Admin | 345.86M | 549.2M | 734.88M | 1.04B | 1.57B | 863.73M | 854.06M | 1.42B |
| SG&A % of Revenue | 15.01% | 13.92% | 11.82% | 11.58% | 18.86% | 12.26% | 10.97% | - |
| Research & Development | 457.7M | 593.56M | 732.82M | 1.03B | 988.27M | 784.7M | 857.98M | 793.58M |
| R&D % of Revenue | 19.86% | 15.04% | 11.78% | 11.52% | 11.87% | 11.13% | 11.02% | - |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 1.31B | 1.38B | 0 |
| Operating Income | -1.02B▲ 0% | -1.14B▼ 12.1% | -1.14B▼ 0.1% | -1.79B▼ 56.7% | -2.29B▼ 28.1% | -2.11B▲ 8.0% | -1.74B▲ 17.5% | -746.3M▲ 0% |
| Operating Margin % | -44.15% | -28.9% | -18.35% | -20% | -27.52% | -29.92% | -22.34% | -8.27% |
| Operating Income Growth % | - | -12.07% | -0.08% | -56.74% | -28.06% | 7.96% | 17.53% | - |
| EBITDA | -589.19M | -537.5M | -424.69M | -944.4M | -1.11B | -1.17B | -475.92M | 1.33B |
| EBITDA Margin % | -25.56% | -13.62% | -6.83% | -10.56% | -13.37% | -16.58% | -6.11% | 14.7% |
| EBITDA Growth % | - | 8.77% | 20.99% | -122.37% | -17.87% | -4.94% | 59.26% | 3113.62% |
| D&A (Non-Cash Add-back) | 428.44M | 602.95M | 716.66M | 844.53M | 1.18B | 940.35M | 1.26B | 2.07B |
| EBIT | -995.35M | -1.09B | -886.65M | -1.5B | -2.57B | -2.02B | -1.75B | -568.73M |
| Net Interest Income | 80.7M | 73.49M | 63.97M | 19.64M | -58.07M | -67.61M | -205.57M | -359.52M |
| Interest Income | 121.04M | 78.4M | 72.91M | 71.01M | 82.16M | 78.4M | 27.39M | 45.81M |
| Interest Expense | 40.34M | 4.91M | 8.94M | 51.37M | 140.23M | 146.01M | 232.96M | 405.33M |
| Other Income/Expense | -18.06M | 41.23M | 245.77M | 233.32M | -419.75M | -57.14M | -241.56M | -227.76M |
| Pretax Income | -1.04B▲ 0% | -1.1B▼ 6.1% | -895.58M▲ 18.5% | -1.56B▼ 73.7% | -2.71B▼ 74.3% | -2.17B▲ 20.1% | -1.98B▲ 8.5% | -974.06M▲ 0% |
| Pretax Margin % | -44.94% | -27.86% | -14.4% | -17.39% | -32.57% | -30.73% | -25.44% | -10.79% |
| Income Tax | 10.01M | 8.98M | 14.09M | 15.54M | 24.9M | 17.96M | -1.52M | 5.44M |
| Effective Tax Rate % | -0.97% | -0.82% | -1.57% | -1% | -0.92% | -0.83% | 0.08% | -0.56% |
| Net Income | -1.05B▲ 0% | -1.11B▼ 6.0% | -909.73M▲ 17.9% | -1.57B▼ 72.4% | -2.7B▼ 72.5% | -2.18B▲ 19.6% | -1.97B▲ 9.6% | -970.97M▲ 0% |
| Net Margin % | -45.37% | -28.09% | -14.63% | -17.53% | -32.5% | -30.88% | -25.26% | -10.76% |
| Net Income Growth % | - | -5.98% | 17.91% | -72.37% | -72.49% | 19.55% | 9.62% | 52.13% |
| Net Income (Continuing) | -1.05B | -1.11B | -909.67M | -1.57B | -2.74B | -2.18B | -1.98B | -979.51M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 61K | 888.47M | 782.48M | 355.75M | 337.28M | 332.45M |
| EPS (Diluted) | -33.23▲ 0% | -19.65▲ 40.9% | -6.15▲ 68.7% | -6.90▼ 12.2% | -10.95▼ 58.7% | -9.15▲ 16.4% | -8.10▲ 11.5% | -3.52▲ 0% |
| EPS Growth % | - | 40.87% | 68.7% | -12.2% | -58.7% | 16.44% | 11.48% | 54.4% |
| EPS (Basic) | -33.23 | -19.65 | -6.15 | -6.90 | -10.95 | -9.15 | -8.10 | - |
| Diluted Shares Outstanding | 53.16M | 59.6M | 160.86M | 230.6M | 242.8M | 238.41M | 245.09M | 275.83M |
| Basic Shares Outstanding | 30.59M | 57.05M | 157.62M | 230.6M | 242.8M | 238.41M | 245.09M | 275.84M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - |
Kingsoft Cloud Holdings Limited (KC) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 4.73B | 4.15B | 9.54B | 12.41B | 9.05B | 6.1B | 6.84B | 9.62B |
| Cash & Short-Term Investments | 3.72B | 2.25B | 6.12B | 6.71B | 4.67B | 2.26B | 2.74B | 3.95B |
| Cash Only | 1.51B | 2.02B | 3.42B | 4.22B | 3.42B | 2.26B | 2.65B | 3.95B |
| Short-Term Investments | 2.21B | 225.43M | 2.69B | 2.49B | 1.25B | 0 | 90.42M | 0 |
| Accounts Receivable | 781.18M | 1.48B | 2.54B | 4.54B | 3.3B | 2.51B | 2.63B | 3.03B |
| Days Sales Outstanding | 123.72 | 136.84 | 149.09 | 185.46 | 144.53 | 129.92 | 123.28 | 108.22 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - |
| Other Current Assets | 11.48M | 29.54M | 337.9M | 378.09M | 205.93M | 314.89M | 202.63M | 2.64B |
| Total Non-Current Assets | 1.12B | 1.88B | 2.41B | 8.67B | 8.27B | 8.97B | 10.75B | 16.03B |
| Property, Plant & Equipment | 1.11B | 1.75B | 2.25B | 2.62B | 2.37B | 3.21B | 5.18B | 10.44B |
| Fixed Asset Turnover | 2.08x | 2.25x | 2.76x | 3.41x | 3.51x | 2.20x | 1.50x | 1.18x |
| Goodwill | 0 | 0 | 0 | 4.63B | 4.61B | 4.61B | 4.61B | 4.61B |
| Intangible Assets | 10.15M | 7.43M | 16.57M | 1.17B | 1.01B | 834.48M | 694.88M | 574.68M |
| Long-Term Investments | 5M | 114.88M | 126.58M | 207.17M | 273.58M | 259.93M | 234.18M | 928.86M |
| Other Non-Current Assets | 3.21M | 4.83M | 17.58M | 34.82M | 7.81M | 66.41M | 34.52M | 1.27B |
| Total Assets | 5.86B▲ 0% | 6.03B▲ 2.9% | 11.96B▲ 98.3% | 21.08B▲ 76.2% | 17.32B▼ 17.8% | 15.07B▼ 13.0% | 17.59B▲ 16.7% | 25.65B▲ 0% |
| Asset Turnover | 0.39x | 0.65x | 0.52x | 0.42x | 0.48x | 0.47x | 0.44x | 0.41x |
| Asset Growth % | - | 2.95% | 98.27% | 76.25% | -17.85% | -12.97% | 16.74% | 144.84% |
| Total Current Liabilities | 1.44B | 2.42B | 3.47B | 7.52B | 6.66B | 6.83B | 9.16B | 10.3B |
| Accounts Payable | 720.8M | 1.25B | 2.06B | 2.94B | 2.3B | 1.81B | 1.88B | 2.32B |
| Days Payables Outstanding | 104.45 | 116.13 | 127.45 | 123.77 | 104.29 | 106.31 | 106.31 | 101.76 |
| Short-Term Debt | 80.79M | 100M | 352.84M | 1.35B | 909.5M | 1.11B | 2.23B | 3.4B |
| Deferred Revenue (Current) | 39.04M | 79.61M | 191.36M | 387.44M | 428.72M | 438.12M | 492.18M | 492.18M |
| Other Current Liabilities | 46.51M | 30.34M | 54.31M | 71.93M | 98.95M | 73.55M | 36.38M | 1.02B |
| Current Ratio | 3.29x | 1.71x | 2.75x | 1.65x | 1.36x | 0.89x | 0.75x | 0.75x |
| Quick Ratio | 3.29x | 1.71x | 2.75x | 1.65x | 1.36x | 0.89x | 0.75x | 0.75x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | 6.46 |
| Total Non-Current Liabilities | 7.67B | 7.81B | 223.56M | 2.07B | 1.07B | 995.78M | 2.93B | 8.28B |
| Long-Term Debt | 174.35M | 74.35M | 0 | 0 | 0 | 100M | 1.66B | 5.26B |
| Capital Lease Obligations | 0 | 0 | 182.96M | 158.29M | 303.87M | 396.65M | 762.86M | 952.2M |
| Deferred Tax Liabilities | 383K | 206K | 29K | 205.89M | 167.05M | 142.56M | 101.68M | 272.69M |
| Other Non-Current Liabilities | 7.49B | 7.73B | 33.56M | 1.7B | 499.02M | 269.38M | 399.73M | 10.2B |
| Total Liabilities | 9.1B | 10.23B | 3.69B | 9.59B | 7.73B | 7.82B | 12.09B | 18.58B |
| Total Debt | 255.14M | 174.35M | 612.27M | 1.62B | 1.35B | 1.72B | 5.2B | 8.75B |
| Net Debt | -1.25B | -1.85B | -2.81B | -2.6B | -2.07B | -532.82M | 2.55B | 4.8B |
| Debt / Equity | - | - | 0.07x | 0.14x | 0.14x | 0.24x | 0.94x | 0.94x |
| Debt / EBITDA | - | - | - | - | - | - | - | 6.60x |
| Net Debt / EBITDA | - | - | - | - | - | - | - | 3.62x |
| Interest Coverage | -25.23x | -232.19x | -127.71x | -34.83x | -16.34x | -14.44x | -7.46x | -1.40x |
| Total Equity | -3.24B▲ 0% | -4.2B▼ 29.4% | 8.24B▲ 296.3% | 11.49B▲ 39.5% | 9.58B▼ 16.6% | 7.25B▼ 24.4% | 5.51B▼ 24.0% | 7.07B▲ 0% |
| Equity Growth % | - | -29.42% | 296.32% | 39.47% | -16.61% | -24.39% | -24.02% | -15.42% |
| Book Value per Share | -61.01 | -70.43 | 51.23 | 49.84 | 39.47 | 30.39 | 22.46 | 25.65 |
| Total Shareholders' Equity | -3.24B | -4.2B | 8.24B | 10.6B | 8.8B | 6.89B | 5.17B | 6.74B |
| Common Stock | 4.85M | 5.56M | 22.8M | 24.78M | 25.06M | 25.44M | 25.69M | 28.48M |
| Retained Earnings | -3.79B | -4.9B | -5.86B | -7.46B | -10.12B | -12.32B | -14.29B | -15.04B |
| Treasury Stock | 0 | 0 | 0 | 0 | -208.38M | -208.38M | -105.48M | -54.88M |
| Accumulated OCI | 419.75M | 484.35M | -68.44M | -207.88M | 453.07M | 577.11M | 598.9M | 511.64M |
| Minority Interest | 0 | 0 | 61K | 888.47M | 782.48M | 355.75M | 337.28M | 332.45M |
Kingsoft Cloud Holdings Limited (KC) cash flow — operating, investing & free cash flow history
| Line item | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|
| Cash from Operations | -383.11M | -439.13M | -290.43M | -708.87M | 188.97M | -169.07M | 628.42M | 628.42M |
| Operating CF Margin % | -16.62% | -11.13% | -4.67% | -7.93% | 2.27% | -2.4% | 8.07% | - |
| Operating CF Growth % | - | -14.62% | 33.86% | -144.07% | 126.66% | -189.47% | 471.69% | 4798.85% |
| Net Income | -1.01B | -1.11B | -962.2M | -1.59B | -2.69B | -2.18B | -196.96M | -970.97M |
| Depreciation & Amortization | 412.35M | 604.58M | 758.04M | 855.6M | 1.16B | 940.48M | 1.26B | 967.12M |
| Stock-Based Compensation | 46.94M | 121.28M | 330.11M | 434.35M | 359.83M | 181.65M | 214.44M | 141.63M |
| Deferred Taxes | 0 | 0 | -173.46M | -11.85M | -35.2M | -24.49M | -40.89M | 0 |
| Other Non-Cash Items | 95.62M | 59.53M | 56.62M | 30.39M | 872.48M | 698.55M | -681.96M | 3.12B |
| Working Capital Changes | 68.42M | -113.33M | -299.54M | -425.6M | 522.82M | 218.39M | 70.69M | 70.69M |
| Change in Receivables | -46.72M | -823.03M | -1.02B | -947.79M | 788.01M | 362.24M | -219.1M | -219.1M |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | 260.09M | 533.77M | 804.2M | 593.41M | -585.42M | -621.33M | 0 | 0 |
| Cash from Investing | -1.17B | 883.25M | -4.31B | -421.62M | -32.87M | -673.19M | -3.62B | -5.44B |
| Capital Expenditures | -1.1B | -999.65M | -1.59B | -735.39M | -1.44B | -1.96B | -3.67B | 0 |
| CapEx % of Revenue | 47.56% | 25.34% | 25.6% | 8.22% | 17.27% | 27.79% | 47.17% | - |
| Acquisitions | -5M | -94.38M | -14.65M | 86.86M | 28.52M | 0 | -2.77M | 0 |
| Investments | - | - | - | - | - | - | - | - |
| Other Investing | 10M | -18.38M | 8.38M | 11.57M | -117.73M | 2.58M | 144.39M | -5.44B |
| Cash from Financing | 2.44B | 64.51M | 6.12B | 2.21B | -1.15B | -227.85M | 3.26B | 4.47B |
| Debt Issued (Net) | -416.05M | -305.79M | 178.49M | 2.16B | -894.39M | 446.11M | 3.47B | 0 |
| Equity Issued (Net) | 1000K | 1000K | 1000K | 0 | -1000K | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | -208.38M | 0 | 0 | 0 |
| Other Financing | 0 | 20.9M | 11.23M | 50.92M | -49.38M | -673.96M | -213.17M | 4.47B |
| Net Change in Cash | 933.63M▲ 0% | 516.19M▼ 44.7% | 1.4B▲ 171.5% | 1.03B▼ 26.4% | -922.89M▼ 189.4% | -1.04B▼ 13.1% | 240.62M▲ 123.0% | 2.34B▲ 0% |
| Free Cash Flow | -1.48B▲ 0% | -1.44B▲ 2.7% | -1.88B▼ 30.8% | -1.44B▲ 23.3% | -1.25B▲ 13.6% | -2.13B▼ 70.9% | -3.05B▼ 43.2% | -343.44M▲ 0% |
| FCF Margin % | -64.19% | -36.46% | -30.27% | -16.15% | -15% | -30.28% | -39.24% | -3.81% |
| FCF Growth % | - | 2.74% | -30.81% | 23.26% | 13.56% | -70.92% | -43.16% | 84.06% |
| FCF per Share | -27.83 | -24.14 | -11.70 | -6.26 | -5.14 | -8.95 | -12.46 | -12.46 |
| FCF Conversion (FCF/Net Income) | 0.37x | 0.40x | 0.32x | 0.45x | -0.07x | 0.08x | -0.32x | 0.35x |
| Interest Paid | 33.54M | 24.14M | 9.21M | 45.84M | 130.32M | 96.73M | 185.49M | 0 |
| Taxes Paid | 5.01M | 4.28M | 6.27M | 6.87M | 64.93M | 33.92M | 34.11M | 0 |
Kingsoft Cloud Holdings Limited (KC) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | TTM |
|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | - | -45.01% | -15.89% | -25.67% | -25.86% | -30.85% | -13.72% |
| Return on Invested Capital (ROIC) | - | -15.77% | -18.74% | -20.95% | -22.23% | -17.67% | -17.67% |
| Gross Margin | 0.06% | 5.25% | 3.1% | 3.21% | 12.06% | 17.22% | 16.23% |
| Net Margin | -28.09% | -14.63% | -17.53% | -32.5% | -30.88% | -25.26% | -10.76% |
| Debt / Equity | - | 0.07x | 0.14x | 0.14x | 0.24x | 0.94x | 0.94x |
| Interest Coverage | -232.19x | -127.71x | -34.83x | -16.34x | -14.44x | -7.46x | -1.40x |
| FCF Conversion | 0.40x | 0.32x | 0.45x | -0.07x | 0.08x | -0.32x | 0.35x |
| Revenue Growth | 71.2% | 57.6% | 43.83% | -6.93% | -15.33% | 10.47% | 25.05% |
Kingsoft Cloud Holdings Limited (KC) stock FAQ — growth, dividends, profitability & financials explained
Kingsoft Cloud Holdings Limited (KC) reported $9.02B in revenue for fiscal year 2024. This represents a 292% increase from $2.30B in 2018.
Kingsoft Cloud Holdings Limited (KC) grew revenue by 10.5% over the past year. This is steady growth.
Kingsoft Cloud Holdings Limited (KC) reported a net loss of $971.0M for fiscal year 2024.
Kingsoft Cloud Holdings Limited (KC) has a return on equity (ROE) of -30.8%. Negative ROE indicates the company is unprofitable.
Kingsoft Cloud Holdings Limited (KC) had negative free cash flow of $343.4M in fiscal year 2024, likely due to heavy capital investments.
Kingsoft Cloud Holdings Limited (KC) financial analysis — history, returns, DCA and operating performance tools
Historical returns with dividends reinvested
Dollar cost averaging vs lump sum
Yield, growth, payout safety & DRIP
EPS trends, net income & profitability
Long-term charts & historical price data
Sales growth patterns & revenue breakdown
30 years of market, efficiency and balance-sheet ratios
DCF intrinsic value, peer multiples & estimates