Stocks · Technology · Services-Prepackaged Software

Kingsoft Cloud Holdings Ltd

KC Clue Score43
Cayman Islands Fiscal year ends December CIK 0001795589
$9.26 +5.95% Close, 9 Oct 2026
Price $9.26 −67.15% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 8 May 2020. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2018Revenue2.22Operating income−0.98Net income−1.01Fiscal year 2019Revenue3.96 +78.4%Operating income−1.14Net income−1.11Fiscal year 2020Revenue6.58 +66.2%Operating income−1.21Net income−0.96EPS, diluted−0.41Fiscal year 2021Revenue9.06 +37.8%Operating income−1.81Net income−1.59EPS, diluted−0.46Fiscal year 2022Revenue8.18 −9.7%Operating income−2.25Net income−2.66EPS, diluted−0.73Fiscal year 2023Revenue7.05 −13.8%Operating income−2.11Net income−2.18EPS, diluted−0.61Fiscal year 2024Revenue7.79 +10.5%Operating income−1.74Net income−1.97EPS, diluted−0.54Fiscal year 2025Revenue9.56 +22.8%Operating income−0.77Net income−0.94EPS, diluted−0.23
FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 2.22 3.96 6.58 9.06 8.18 7.05 7.79 9.56
Growth +78.4% +66.2% +37.8% −9.7% −13.8% +10.5% +22.8%
Operating income −0.98 −1.14 −1.21 −1.81 −2.25 −2.11 −1.74 −0.77
Net income −1.01 −1.11 −0.96 −1.59 −2.66 −2.18 −1.97 −0.94
Growth
EPS, diluted n/a n/a −0.41 −0.46 −0.73 −0.61 −0.54 −0.23
Growth

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2018Gross margin−9.0%Operating margin−44.2%Net margin−45.4%Fiscal year 2019Gross margin0.2%Operating margin−28.9%Net margin−28.1%Fiscal year 2020Gross margin5.4%Operating margin−18.4%Net margin−14.6%Fiscal year 2021Gross margin3.9%Operating margin−20.0%Net margin−17.5%Fiscal year 2022Gross margin5.3%Operating margin−27.5%Net margin−32.5%Fiscal year 2023Gross margin12.1%Operating margin−29.9%Net margin−30.9%Fiscal year 2024Gross margin17.2%Operating margin−22.3%Net margin−25.3%Fiscal year 2025Gross margin15.7%Operating margin−8.1%Net margin−9.8%
FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Gross margin −9.0% 0.2% 5.4% 3.9% 5.3% 12.1% 17.2% 15.7%
Operating margin −44.2% −28.9% −18.4% −20.0% −27.5% −29.9% −22.3% −8.1%
Net margin −45.4% −28.1% −14.6% −17.5% −32.5% −30.9% −25.3% −9.8%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flow
Fiscal year 2018Operating cash flow−0.38Fiscal year 2019Operating cash flow−0.44Fiscal year 2020Operating cash flow−0.29Fiscal year 2021Operating cash flow−0.71Fiscal year 2022Operating cash flow0.19Buybacks−0.21Fiscal year 2023Operating cash flow−0.17Buybacks0.00Fiscal year 2024Operating cash flow0.63Buybacks0.00Fiscal year 2025Operating cash flow3.80
FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow −0.38 −0.44 −0.29 −0.71 0.19 −0.17 0.63 3.80
Buybacks n/a n/a n/a n/a −0.21 0.00 0.00 n/a

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2018Cash1.51Shareholders’ equity−3.24Fiscal year 2019Cash2.02Total debt0.17Net cash (debt)1.85Shareholders’ equity−4.20Fiscal year 2020Cash3.42Total debt0.07Net cash (debt)3.35Shareholders’ equity8.24Debt to equity0.01Fiscal year 2021Cash4.22Total debt0.00Net cash (debt)4.22Shareholders’ equity10.60Debt to equity0.00Fiscal year 2022Cash3.42Total debt1.72Net cash (debt)1.69Shareholders’ equity8.80Debt to equity0.20Fiscal year 2023Cash2.26Total debt0.10Net cash (debt)2.16Shareholders’ equity6.89Debt to equity0.01Fiscal year 2024Cash2.65Total debt1.66Net cash (debt)0.99Shareholders’ equity5.17Debt to equity0.32Fiscal year 2025Cash6.02Total debt3.02Net cash (debt)2.99Shareholders’ equity9.32Debt to equity0.32
FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 1.51 2.02 3.42 4.22 3.42 2.26 2.65 6.02
Total debt n/a 0.17 0.07 0.00 1.72 0.10 1.66 3.02
Net cash (debt) n/a 1.85 3.35 4.22 1.69 2.16 0.99 2.99
Shareholders’ equity −3.24 −4.20 8.24 10.60 8.80 6.89 5.17 9.32
Debt to equity n/a n/a 0.01 0.00 0.20 0.01 0.32 0.32

In billions of CNY, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Ratios

Percentages worked out from the filed figures; debt to equity in times. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Margins
−9.0% 0.2% 5.4% 3.9% 5.3% 12.1% 17.2% 15.7%
−44.2% −28.9% −18.4% −20.0% −27.5% −29.9% −22.3% −8.1%
−44.9% −27.9% −14.4% −17.4% −32.6% −30.7% −25.4% −9.9%
−45.4% −28.1% −14.6% −17.5% −32.5% −30.9% −25.3% −9.8%
Spending
19.9% 15.0% 11.8% 11.5% 11.9% 11.1% 10.9% 8.5%
6.6% 6.0% 5.8% 6.6% 14.1% 15.0% 10.7% 9.6%
Returns
n/a n/a −11.7% −15.0% −30.2% −31.6% −38.1% −10.0%
n/a −18.4% −8.1% −7.5% −15.4% −14.4% −11.2% −3.5%
Balance and payout
n/a n/a 0.01 0.00 0.20 0.01 0.32 0.32
n/a 41.4% 30.9% 45.5% 44.7% 51.9% 68.7% 65.2%

Shown in CNY as filed; the screener converts to dollars.