Kingsoft Cloud Holdings Limited (KC) fundamental analysis — strengths, weaknesses & financial health based on data analysis
No significant strengths identified
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
Get notified when KC posts new earnings or crosses analyst targets
Free. No account needed. Unsubscribe any time.
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 | May 27, 2026 | $0.10vs $0.11+12.6% | $392Mvs $373M+5.1% |
| Q2 2026 | 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% |
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
| Metric | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|
Sales/Revenue | 2.22B | 3.96B | 6.58B | 9.06B | 8.18B | 7.05B | 7.79B | 9.56B |
Revenue Growth % | - | 78.36% | 66.25% | 37.76% | -9.72% | -13.85% | 10.47% | 22.78% |
Cost of Goods Sold | 2.42B | 3.95B | 6.22B | 8.71B | 7.75B | 6.2B | 6.44B | 8.06B |
COGS % of Revenue | 109.03% | 99.81% | 94.57% | 96.12% | 94.75% | 87.94% | 82.78% | 84.27% |
Gross Profit | -200.39M▲ 0% | 7.71M▲ 103.8% | 356.98M▲ 4530.7% | 351.29M▼ 1.6% | 429.54M▲ 22.3% | 850.17M▲ 97.9% | 1.34B▲ 57.7% | 1.5B▲ 12.1% |
Gross Margin % | -9.03% | 0.19% | 5.43% | 3.88% | 5.25% | 12.06% | 17.22% | 15.73% |
Gross Profit Growth % | - | 103.85% | 4530.73% | -1.6% | 22.28% | 97.93% | 57.72% | 12.12% |
Operating Expenses | 779.03M | 1.15B | 1.56B | 2.08B | 2.66B | 2.2B | 2.17B | 2.03B |
OpEx % of Revenue | 35.12% | 29.1% | 23.78% | 22.91% | 32.49% | 31.28% | 27.83% | 21.25% |
Selling, General & Admin | 338.52M | 494.15M | 757.22M | 1.01B | 1.21B | 863.73M | 854.06M | 1.12B |
SG&A % of Revenue | 15.26% | 12.49% | 11.51% | 11.1% | 14.84% | 12.26% | 10.97% | 11.68% |
Research & Development | 440.52M | 595.17M | 775.13M | 1.04B | 971.22M | 784.81M | 845.99M | 810.3M |
R&D % of Revenue | 19.86% | 15.04% | 11.78% | 11.52% | 11.87% | 11.14% | 10.87% | 8.48% |
Other Operating Expenses | 0 | 61.92M | 31.88M | 26.18M | 472.66M | 556.15M | 466.55M | 103.91M |
Operating Income | -979.42M▲ 0% | -1.14B▼ 16.8% | -1.21B▼ 5.6% | -1.72B▼ 42.8% | -2.23B▼ 29.2% | -1.35B▲ 39.2% | -825.67M▲ 39.0% | -527.37M▲ 36.1% |
Operating Margin % | -44.15% | -28.9% | -18.35% | -19.03% | -27.24% | -19.22% | -10.61% | -5.52% |
Operating Income Growth % | - | -16.76% | -5.57% | -42.84% | -29.22% | 39.22% | 39.04% | 36.13% |
EBITDA | -567.07M | -538.95M | -449.21M | -868.85M | -1.07B | -414.04M | 437.42M | 1.95B |
EBITDA Margin % | -25.56% | -13.62% | -6.83% | -9.59% | -13.09% | -5.88% | 5.62% | 20.43% |
EBITDA Growth % | - | 4.96% | 16.65% | -93.42% | -23.26% | 61.34% | 205.65% | 346.48% |
D&A (Non-Cash Add-back) | 412.35M | 604.58M | 758.04M | 855.6M | 1.16B | 940.48M | 1.26B | 2.48B |
EBIT | -957.98M | -1.1B | -937.84M | -1.52B | -2.53B | -2.02B | -1.75B | -449.85M |
Net Interest Income | 80.7M | 73.49M | 63.97M | 19.64M | -58.07M | -67.61M | -205.57M | -405.82M |
Interest Income | 121.04M | 78.4M | 72.91M | 71.01M | 82.16M | 78.4M | 27.39M | 78.66M |
Interest Expense | 40.34M | 4.91M | 8.94M | 51.37M | 140.23M | 146.01M | 232.96M | 484.48M |
Other Income/Expense | -17.39M | 41.34M | 259.96M | 148.44M | -435.51M | -811.17M | -1.15B | -420.52M |
Pretax Income | -996.81M▲ 0% | -1.1B▼ 10.6% | -947.29M▲ 14.1% | -1.58B▼ 66.4% | -2.66B▼ 69.0% | -2.17B▲ 18.7% | -1.98B▲ 8.5% | -947.89M▲ 52.1% |
Pretax Margin % | -44.94% | -27.86% | -14.4% | -17.39% | -32.57% | -30.73% | -25.44% | -9.92% |
Income Tax | 9.63M | 9M | 14.9M | 15.74M | 24.47M | 17.96M | -1.52M | -4.2M |
Effective Tax Rate % | -0.97% | -0.82% | -1.57% | -1% | -0.92% | -0.83% | 0.08% | 0.44% |
Net Income | -1.01B▲ 0% | -1.11B▼ 10.4% | -962.26M▲ 13.4% | -1.59B▼ 65.1% | -2.66B▼ 67.3% | -2.18B▲ 18.1% | -1.97B▲ 9.6% | -936.25M▲ 52.4% |
Net Margin % | -45.37% | -28.09% | -14.63% | -17.53% | -32.5% | -30.88% | -25.26% | -9.79% |
Net Income Growth % | - | -10.41% | 13.4% | -65.1% | -67.32% | 18.13% | 9.63% | 52.39% |
Net Income (Continuing) | -1.01B | -1.11B | -962.2M | -1.59B | -2.69B | -2.18B | -1.98B | -943.69M |
Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Minority Interest | 0 | 0 | 61K | 888.47M | 782.48M | 355.75M | 337.28M | -3.99M |
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% | -3.30▲ 59.3% |
EPS Growth % | - | 40.87% | 68.7% | -12.2% | -58.7% | 16.44% | 11.48% | 59.26% |
EPS (Basic) | -33.23 | -19.65 | -6.15 | -6.90 | -10.95 | -9.15 | -8.10 | -3.30 |
Diluted Shares Outstanding | 53.16M | 59.6M | 160.86M | 230.6M | 242.8M | 238.41M | 245.09M | 273.8M |
Basic Shares Outstanding | 30.59M | 57.05M | 157.62M | 230.6M | 242.8M | 238.41M | 245.09M | 273.8M |
Dividend Payout Ratio | - | - | - | - | - | - | - | - |
Kingsoft Cloud Holdings Limited (KC) balance sheet — assets, liabilities & shareholders' equity
| Metric | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|
Total Current Assets | 4.73B | 4.15B | 9.54B | 12.41B | 9.05B | 6.1B | 6.84B | 11.03B |
Cash & Short-Term Investments | 3.72B | 2.25B | 6.12B | 6.71B | 4.67B | 2.26B | 2.74B | 6.12B |
Cash Only | 1.51B | 2.02B | 3.42B | 4.22B | 3.42B | 2.26B | 2.65B | 6.12B |
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 | 2.32B |
Days Sales Outstanding | 128.54 | 136.47 | 140.95 | 183.06 | 147.07 | 129.92 | 123.28 | 88.41 |
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 | 2.59B |
Total Non-Current Assets | 1.12B | 1.88B | 2.41B | 8.67B | 8.27B | 8.97B | 10.75B | 15.72B |
Property, Plant & Equipment | 1.11B | 1.75B | 2.25B | 2.62B | 2.37B | 3.21B | 5.18B | 10.2B |
Fixed Asset Turnover | 2.00x | 2.25x | 2.92x | 3.46x | 3.45x | 2.20x | 1.50x | 0.94x |
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 | 533.11M |
Long-Term Investments | 5M | 114.88M | 126.58M | 207.17M | 273.58M | 259.93M | 234.18M | 234.32M |
Other Non-Current Assets | 3.21M | 4.83M | 17.58M | 34.82M | 7.81M | 66.41M | 34.52M | 139.93M |
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% | 26.75B▲ 52.0% |
Asset Turnover | 0.38x | 0.66x | 0.55x | 0.43x | 0.47x | 0.47x | 0.44x | 0.36x |
Asset Growth % | - | 2.95% | 98.27% | 76.25% | -17.85% | -12.97% | 16.74% | 52.03% |
Total Current Liabilities | 1.44B | 2.42B | 3.47B | 7.52B | 6.66B | 6.83B | 9.16B | 9.43B |
Accounts Payable | 720.8M | 1.25B | 2.06B | 2.94B | 2.3B | 1.81B | 1.88B | 2.02B |
Days Payables Outstanding | 108.78 | 115.97 | 120.72 | 123.15 | 108.41 | 106.31 | 106.31 | 91.34 |
Short-Term Debt | 80.79M | 100M | 352.84M | 1.35B | 909.5M | 1.11B | 2.23B | 3.39B |
Deferred Revenue (Current) | 39.04M | 79.61M | 191.36M | 387.44M | 428.72M | 438.12M | 492.18M | 0 |
Other Current Liabilities | 46.51M | 30.34M | 54.31M | 71.93M | 98.95M | 73.55M | 36.38M | 3.95B |
Current Ratio | 3.29x | 1.71x | 2.75x | 1.65x | 1.36x | 0.89x | 0.75x | 1.17x |
Quick Ratio | 3.29x | 1.71x | 2.75x | 1.65x | 1.36x | 0.89x | 0.75x | 1.17x |
Cash Conversion Cycle | - | - | - | - | - | - | - | - |
Total Non-Current Liabilities | 7.67B | 7.81B | 223.56M | 2.07B | 1.07B | 995.78M | 2.93B | 8B |
Long-Term Debt | 174.35M | 74.35M | 0 | 0 | 0 | 100M | 1.66B | 3.03B |
Capital Lease Obligations | 0 | 0 | 182.96M | 158.29M | 303.87M | 396.65M | 762.86M | 51.17M |
Deferred Tax Liabilities | 383K | 206K | 29K | 205.89M | 167.05M | 142.56M | 101.68M | 61.95M |
Other Non-Current Liabilities | 7.49B | 7.73B | 33.56M | 1.7B | 499.02M | 269.38M | 399.73M | 4.86B |
Total Liabilities | 9.1B | 10.23B | 3.69B | 9.59B | 7.73B | 7.82B | 12.09B | 17.43B |
Total Debt | 255.14M | 174.35M | 612.27M | 1.62B | 1.35B | 1.72B | 5.2B | 6.47B |
Net Debt | -1.25B | -1.85B | -2.81B | -2.6B | -2.07B | -532.82M | 2.55B | 346.88M |
Debt / Equity | - | - | 0.07x | 0.14x | 0.14x | 0.24x | 0.94x | 0.69x |
Debt / EBITDA | - | - | - | - | - | - | 11.88x | 3.31x |
Net Debt / EBITDA | - | - | - | - | - | - | 5.82x | 0.18x |
Interest Coverage | -23.75x | -223.40x | -104.94x | -29.67x | -18.01x | -13.83x | -7.52x | -0.93x |
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% | 9.32B▲ 69.3% |
Equity Growth % | - | -29.42% | 296.32% | 39.47% | -16.61% | -24.39% | -24.02% | 69.27% |
Book Value per Share | -61.01 | -70.43 | 51.23 | 49.84 | 39.47 | 30.39 | 22.46 | 34.04 |
Total Shareholders' Equity | -3.24B | -4.2B | 8.24B | 10.6B | 8.8B | 6.89B | 5.17B | 9.32B |
Common Stock | 4.85M | 5.56M | 22.8M | 24.78M | 25.06M | 25.44M | 25.69M | 30.91M |
Retained Earnings | -3.79B | -4.9B | -5.86B | -7.46B | -10.12B | -12.32B | -14.29B | -15.26B |
Treasury Stock | 0 | 0 | 0 | 0 | -208.38M | -208.38M | -105.48M | -31.09M |
Accumulated OCI | 419.75M | 484.35M | -68.44M | -207.88M | 453.07M | 577.11M | 598.9M | 492.38M |
Minority Interest | 0 | 0 | 61K | 888.47M | 782.48M | 355.75M | 337.28M | -3.99M |
Kingsoft Cloud Holdings Limited (KC) cash flow — operating, investing & free cash flow history
| Metric | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|
Cash from Operations | -383.11M | -439.13M | -290.43M | -708.87M | 188.97M | -169.07M | 628.42M | 3.8B |
Operating CF Margin % | -17.27% | -11.1% | -4.42% | -7.82% | 2.31% | -2.4% | 8.07% | 39.77% |
Operating CF Growth % | - | -14.62% | 33.86% | -144.07% | 126.66% | -189.47% | 471.69% | 504.86% |
Net Income | -1.01B | -1.11B | -962.2M | -1.59B | -2.69B | -2.18B | -1.98B | -943.69M |
Depreciation & Amortization | 412.35M | 604.58M | 758.04M | 855.6M | 1.16B | 940.48M | 1.26B | 2.48B |
Stock-Based Compensation | 46.94M | 121.28M | 330.11M | 434.35M | 359.83M | 181.65M | 214.44M | 446.91M |
Deferred Taxes | 0 | 0 | 0 | -11.85M | -35.2M | -24.49M | -40.89M | -39.76M |
Other Non-Cash Items | 95.62M | 59.53M | -116.84M | 30.39M | 872.48M | 1.31B | 1.28B | 96.46M |
Working Capital Changes | 68.42M | -113.33M | -299.54M | -425.6M | 522.82M | -394.42M | -111.93M | 1.76B |
Change in Receivables | -41.45M | -738.05M | -1.1B | -949.87M | 788.01M | 362.24M | -269.58M | -716.13M |
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 | -187.88M | 292.12M |
Cash from Investing | -1.17B | 883.25M | -4.31B | -421.62M | -32.87M | -673.19M | -3.62B | -4.53B |
Capital Expenditures | -1.09B | -999.54M | -1.56B | -723.28M | -1.42B | -1.96B | -3.67B | -4.74B |
CapEx % of Revenue | 49.35% | 25.26% | 23.72% | 7.98% | 17.34% | 27.79% | 47.17% | 49.61% |
Acquisitions | -5M | -94.38M | -14.65M | 150.33M | -223.42M | -5.47M | -2.77M | 0 |
Investments | - | - | - | - | - | - | - | - |
Other Investing | 8.45M | -18.49M | -23.31M | -532K | 115.43M | 10.7M | 144.39M | 122.21M |
Cash from Financing | 2.44B | 64.51M | 6.12B | 2.21B | -1.15B | -227.85M | 3.26B | 4.18B |
Debt Issued (Net) | -416.05M | -305.79M | 178.49M | 2.16B | -894.39M | 446.11M | 3.47B | 537.35M |
Equity Issued (Net) | 2.85B | 349.39M | 5.93B | 0 | -208.38M | 0 | 0 | 4.56B |
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 | -918.51M |
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% | 3.39B▲ 1307.7% |
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% | -941.34M▲ 69.2% |
FCF Margin % | -66.69% | -36.37% | -28.61% | -15.94% | -15.26% | -30.28% | -39.24% | -9.85% |
FCF Growth % | - | 2.74% | -30.81% | 23.26% | 13.56% | -70.92% | -43.16% | 69.18% |
FCF per Share | -27.83 | -24.14 | -11.70 | -6.26 | -5.14 | -8.95 | -12.46 | -3.44 |
FCF Conversion (FCF/Net Income) | 0.38x | 0.40x | 0.30x | 0.45x | -0.07x | 0.08x | -0.32x | -4.06x |
Interest Paid | 33.54M | 24.14M | 9.21M | 45.84M | 130.32M | 96.73M | 185.49M | 315.43M |
Taxes Paid | 5.01M | 4.28M | 6.27M | 6.87M | 64.93M | 33.92M | 34.11M | 31.46M |
Kingsoft Cloud Holdings Limited (KC) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
Return on Equity (ROE) | - | - | -47.6% | -16.1% | -25.22% | -25.86% | -30.85% | -12.63% |
Return on Invested Capital (ROIC) | - | - | -16.68% | -18.07% | -20.38% | -14.28% | -8.39% | -4.46% |
Gross Margin | -9.03% | 0.19% | 5.43% | 3.88% | 5.25% | 12.06% | 17.22% | 15.73% |
Net Margin | -45.37% | -28.09% | -14.63% | -17.53% | -32.5% | -30.88% | -25.26% | -9.79% |
Debt / Equity | - | - | 0.07x | 0.14x | 0.14x | 0.24x | 0.94x | 0.69x |
Interest Coverage | -23.75x | -223.40x | -104.94x | -29.67x | -18.01x | -13.83x | -7.52x | -0.93x |
FCF Conversion | 0.38x | 0.40x | 0.30x | 0.45x | -0.07x | 0.08x | -0.32x | -4.06x |
Revenue Growth | - | 78.36% | 66.25% | 37.76% | -9.72% | -13.85% | 10.47% | 22.78% |
Kingsoft Cloud Holdings Limited (KC) stock FAQ — growth, dividends, profitability & financials explained
Kingsoft Cloud Holdings Limited (KC) reported $9.56B in revenue for fiscal year 2025. This represents a 331% increase from $2.22B in 2018.
Kingsoft Cloud Holdings Limited (KC) grew revenue by 22.8% over the past year. This is strong growth.
Kingsoft Cloud Holdings Limited (KC) reported a net loss of $936.3M for fiscal year 2025.
Kingsoft Cloud Holdings Limited (KC) has a return on equity (ROE) of -12.6%. Negative ROE indicates the company is unprofitable.
Kingsoft Cloud Holdings Limited (KC) had negative free cash flow of $941.3M in fiscal year 2025, likely due to heavy capital investments.