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

Kingsoft Cloud Holdings (KC) has 7 years of Cost of Revenue data on file, last reported at $328.3 million in Q4 2025.

• For the quarter ending Q4 2025, Cost of Revenue rose 32.69% year-over-year to $328.3 million; the trailing twelve-month figure through Dec 2025 stood at $1.1 billion (up 26.42% YoY), and the FY2025 full-year result was $78.8 million, down 91.07% from the prior year.
• Cost of Revenue for Q4 2025 stood at $328.3 million, 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 $22.8 million in Q1 2022.
• The 5-year median for Cost of Revenue is $253.2 million (2021), against an average of $254.5 million.
• The widest annual swing landed in 2022, when Cost of Revenue tumbled 91.21%; it then soared 967.66% in 2023.
• A 5-year view of Cost of Revenue shows it stood at $413.0 million in 2021, then sank by 30.87% to $285.5 million in 2022, then decreased by 27.51% to $206.9 million in 2023, then gained by 19.57% to $247.4 million in 2024, then soared by 32.69% to $328.3 million in 2025.
• The last three Cost of Revenue figures came in at $328.3 million (Q4 2025), $294.6 million (Q3 2025), and $280.6 million (Q2 2025), per Business Quant data.

Peer Comparison