Kingsoft Cloud Holdings (KC) EBT Margin (2019 - 2026)
Kingsoft Cloud Holdings' (KC) quarterly EBT Margin came in at 2.49% in Q2 2026, up 1686.0% on a YoY basis from 0.14% in Q2 2025, and up 80.13% quarter-over-quarter from 12.53% in Q1 2026.
Analysis
Kingsoft Cloud Holdings (KC) EBT Margin (2019 - 2026) Analysis & Trends
Kingsoft Cloud Holdings (KC) has reported EBT Margin for 8 consecutive years, with 2.49% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, EBT Margin rose 1686.0% year-over-year to 2.49%; the trailing twelve-month figure through Jun 2026 stood at 5.48% (up 1866.0% YoY), and the FY2025 full-year result was 9.92%, up 1552.0% from the prior year.
- EBT Margin rose to 2.49% in Q2 2026 per KC's latest filing, from 12.53% in the prior quarter.
- Across five years, EBT Margin topped out at 0.41% in Q3 2025 and bottomed at 55.71% in Q3 2024.
- Historically, EBT Margin has averaged 23.18% across 5 years, with a median of 20.35% in 2024.
- The sharpest annual moves came in 2022 and 2025: EBT Margin slumped 3270 bps in 2022, then surged 5530 bps in 2025.
- Over 5 years, EBT Margin stood at 23.91% in 2022, then jumped by 31 bps to 16.62% in 2023, then jumped by 45 bps to 9.15% in 2024, then surged by 30 bps to 6.38% in 2025, then surged by 61 bps to 2.49% in 2026.
- According to Business Quant data, EBT Margin over the past three periods registered 2.49%, 12.53%, and 6.38% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,711.27 Bn | 3,578.52 Bn | 60.48 Bn | 48.94% |
| 2 | International Business Machines | 221.25 Bn | 209.98 Bn | 9.91 Bn | 14.44% |
| 3 | Nebius | 57.28 Bn | 49.24 Bn | 448.70 Mn | -0.12% |
| 4 | CoreWeave | 49.24 Bn | 43.70 Bn | 1.70 Bn | -21.90% |
| 5 | Nutanix | 18.40 Bn | 16.38 Bn | 610.79 Mn | 11.57% |
| 6 | DigitalOcean Holdings | 11.81 Bn | 11.04 Bn | 154.66 Mn | 9.65% |
| 7 | Kingsoft Cloud Holdings | 3.27 Bn | 2.57 Bn | 68.71 Mn | -2.49% |
| 8 | SharonAI Holdings | 2.00 Bn | 139.21 Mn | 1.17 Mn | -22,215.33% |
| 9 | Tuya | 1.16 Bn | 182.03 Mn | 43.05 Mn | 20.28% |
| 10 | Backblaze | 776.06 Mn | 724.68 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -2.49% |
| Mar 31, 2026 | -12.53% |
| Dec 31, 2025 | -6.38% |
| Sep 30, 2025 | -0.41% |
| Jun 30, 2025 | -19.35% |
| Mar 31, 2025 | -15.58% |
| Dec 31, 2024 | -9.15% |
| Sep 30, 2024 | -55.71% |
| Jun 30, 2024 | -18.33% |
| Mar 31, 2024 | -21.34% |
| Dec 31, 2023 | -16.62% |
| Sep 30, 2023 | -47.92% |
| Jun 30, 2023 | -26.88% |
| Mar 31, 2023 | -32.57% |
| Dec 31, 2022 | -23.91% |
| Sep 30, 2022 | -39.81% |
| Jun 30, 2022 | -42.69% |
| Mar 31, 2022 | -25.60% |
| Dec 31, 2021 | -17.98% |
| Sep 30, 2021 | -20.79% |