Kingsoft Cloud Holdings (KC) Current Leases (2019 - 2026)
Kingsoft Cloud Holdings' Current Leases came in at $14.3 million for Q2 2026, up 187.3% from $4.98 million a year earlier and up 93.4% from the prior quarter.
Kingsoft Cloud Holdings (KC) Current Leases (2019 - 2026) Analysis & Trends
At the end of FY2025, Kingsoft Cloud Holdings' Current Leases was $5.85 million, down 30.2% from FY2024.
- Current Leases has declined in each of the last four years, with a five-year compound annual growth rate of -13.0% (FY2020 to FY2025).
- Going back by year, Current Leases was $8.39 million in FY2024 (-24.3%), $11.08 million in FY2023 (-44.1%), $19.82 million in FY2022 (-98.4%) and $1.22 billion in FY2021.
- The Q2 2026 figure represents the highest quarterly Current Leases since Q1 2023.
- Year-over-year, Current Leases increased in two of the last eight quarters, with growth averaging 7.5%.
- The fastest year-over-year change in Current Leases over five years came in Q2 2026 (growth of 187.3%), and the weakest in Q3 2023 (a decline of 47.7%).
- Business Quant data shows KC's Current Leases at $7.39 million (Q1 2026), $5.77 million (Q4 2025) and $4.87 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Leases (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,781.98 Bn | 3,705.13 Bn | 60.48 Bn | - |
| 2 | International Business Machines | 207.92 Bn | 158.82 Bn | 9.91 Bn | - |
| 3 | Cloudflare | 114.07 Bn | 97.60 Bn | 499.52 Mn | - |
| 4 | Equinix | 99.76 Bn | 88.32 Bn | 1.40 Bn | 176.00 Mn |
| 5 | Nebius | 58.67 Bn | 32.10 Bn | 448.70 Mn | - |
| 6 | CoreWeave | 46.87 Bn | 33.97 Bn | 1.70 Bn | 7.00 Mn |
| 7 | Verisign | 25.50 Bn | 22.71 Bn | 384.60 Mn | - |
| 8 | Nutanix | 18.59 Bn | 10.27 Bn | 651.35 Mn | - |
| 9 | Akamai Technologies | 15.65 Bn | 9.06 Bn | 613.75 Mn | - |
| 10 | Kingsoft Cloud Holdings | 2.73 Bn | -70.07 Mn | 68.71 Mn | 14.30 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 14.30 Mn |
| Mar 31, 2026 | 7.39 Mn |
| Dec 31, 2025 | 5.77 Mn |
| Sep 30, 2025 | 4.87 Mn |
| Jun 30, 2025 | 4.98 Mn |
| Mar 31, 2025 | 5.85 Mn |
| Dec 31, 2024 | 8.53 Mn |
| Sep 30, 2024 | 7.32 Mn |
| Jun 30, 2024 | 6.58 Mn |
| Mar 31, 2024 | 9.25 Mn |
| Dec 31, 2023 | 10.92 Mn |
| Sep 30, 2023 | 7.68 Mn |
| Jun 30, 2023 | 10.84 Mn |
| Mar 31, 2023 | 16.86 Mn |
| Dec 31, 2022 | 19.22 Mn |
| Sep 30, 2022 | 14.69 Mn |
| Jun 30, 2022 | 15.02 Mn |
| Mar 31, 2022 | 11.07 Mn |
| Dec 31, 2021 | 16.98 Mn |
| Sep 30, 2021 | 11.58 Mn |
Kingsoft Cloud Holdings Current Leases API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=current-leases&ticker=KC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "current-leases", "ticker": "KC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=current-leases&ticker=KC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();