Kingsoft Cloud Holdings (KC) Cost of Revenue (2019 - 2025)

Kingsoft Cloud Holdings' Cost of Revenue history runs 7 years deep, the most recent figure standing at $328.3 million for Q4 2025.

• Quarterly Cost of Revenue rose 32.69% year-over-year to $328.3 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $1.1 billion (up 26.42% YoY) and the FY2025 annual result came in at $1.2 billion, up 30.47% from the prior year.
• Cost of Revenue was $328.3 million for Q4 2025 at Kingsoft Cloud Holdings, up from $294.6 million in the prior quarter.
• Across five years, Cost of Revenue topped out at $413.0 million in Q4 2021 and bottomed at $195.9 million in Q3 2023.
• A 5-year average of $269.9 million and a median of $259.3 million in 2021 frame the typical range for Cost of Revenue.
• Annual changes were most pronounced in 2021 — Cost of Revenue soared 54.67% — and 2022, when it plunged 30.87%.
• Kingsoft Cloud Holdings' Cost of Revenue stood at $413.0 million in 2021, then plunged by 30.87% to $285.5 million in 2022, then slipped by 27.51% to $206.9 million in 2023, then advanced by 19.57% to $247.4 million in 2024, then jumped by 32.69% to $328.3 million in 2025.
• Business Quant data shows KC's Cost of Revenue at $328.3 million in Q4 2025, $294.6 million in Q3 2025, and $280.6 million in Q2 2025.