Kingsoft Cloud Holdings KC
NASDAQ KC
$9.96 +0.06 (+0.61%)
At close: Sep 11, 2026 · 4:00 PM EDT

Kingsoft Cloud Holdings (KC) Capital Expenditures (2018 - 2025)

Kingsoft Cloud Holdings' (KC) annual Capital Expenditures came in at $38.7 million in FY2025, down 18.82% year-over-year from $47.7 million in FY2024.

Analysis

Kingsoft Cloud Holdings (KC) Capital Expenditures (2018 - 2025) Analysis & Trends

Kingsoft Cloud Holdings (KC) has reported Capital Expenditures for 8 consecutive years, with $38.7 million the latest figure, recorded in FY2025.

  • For the quarter ending Q4 2022, Capital Expenditures fell 115.89% year-over-year to -$8.6 million; the trailing twelve-month figure through Dec 2022 stood at $15.6 million (changed N/A YoY), and the FY2025 full-year result was $38.7 million, down 18.82% from the prior year.
  • Capital Expenditures declined to $38.7 million in FY2025 per KC's latest filing, from $47.7 million in the prior year.
  • Across five years, Capital Expenditures topped out at $119.2 million in FY2021 and bottomed at -$435558.2 in FY2021.
  • Historically, Capital Expenditures has averaged $47.9 million across 5 years, with a median of $43.2 million in 2024.
  • The sharpest annual moves came in 2021 and 2022: Capital Expenditures jumped 329.5% in 2021, then slumped 85.34% in 2022.
  • Over 5 years, Capital Expenditures stood at $119.2 million in 2021, then plunged by 85.34% to $17.5 million in 2022, then soared by 269.93% to $64.6 million in 2023, then declined by 26.19% to $47.7 million in 2024, then dropped by 18.82% to $38.7 million in 2025.
  • According to Business Quant data, Capital Expenditures over the past three periods registered $38.7 million, $47.7 million, and $64.6 million for FY2025, FY2024, and FY2023 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capital Expenditures (Yr)
1 Microsoft 3,681.04 Bn 3,548.29 Bn 60.48 Bn 115.95 Bn
2 International Business Machines 229.16 Bn 217.90 Bn 9.91 Bn -
3 Nebius 56.81 Bn 48.77 Bn 448.70 Mn -
4 CoreWeave 49.03 Bn 43.49 Bn 1.70 Bn -
5 Nutanix 17.82 Bn 15.80 Bn 610.79 Mn -
6 DigitalOcean Holdings 12.89 Bn 12.13 Bn 154.66 Mn -
7 Kingsoft Cloud Holdings 2.97 Bn 2.28 Bn 68.71 Mn -
8 SharonAI Holdings 2.13 Bn 263.45 Mn 1.17 Mn -
9 Tuya 1.10 Bn 120.87 Mn 43.05 Mn -
10 Backblaze 715.48 Mn 664.10 Mn - -
Historic Data

Historic Data

Download Data
DateValue
Dec 31, 2025 38.73 Mn
Dec 31, 2024 47.72 Mn
Dec 31, 2023 64.65 Mn
Dec 31, 2022 17.48 Mn
Dec 31, 2021 119.17 Mn
Sep 3, 2021 -435,558.21
Dec 31, 2020 27.75 Mn
Dec 31, 2019 -703,428.96
Dec 31, 2018 20.09 Mn