Kingsoft Cloud Holdings (KC) Current Leases (2024 - 2025)
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 (2024 - 2025) 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 | 3,949.85 Bn | 3,873.01 Bn | 60.48 Bn | - |
| 2 | International Business Machines | 228.00 Bn | 178.81 Bn | 9.91 Bn | - |
| 3 | Cloudflare | 103.51 Bn | 87.04 Bn | 499.52 Mn | - |
| 4 | Equinix | 97.35 Bn | 85.92 Bn | 1.40 Bn | 176.00 Mn |
| 5 | Nebius | 41.52 Bn | 14.95 Bn | 448.70 Mn | - |
| 6 | CoreWeave | 34.23 Bn | 21.32 Bn | 1.70 Bn | 7.00 Mn |
| 7 | Verisign | 27.83 Bn | 25.04 Bn | 384.60 Mn | - |
| 8 | Nutanix | 18.34 Bn | 10.03 Bn | 651.35 Mn | - |
| 9 | GoDaddy | 14.21 Bn | 9.79 Bn | 828.20 Mn | - |
| 10 | Kingsoft Cloud Holdings | 2.41 Bn | -407.84 Mn | 68.71 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();