Kingsoft Cloud Holdings KC
NASDAQ KC
$10.94 +0.46 (+4.39%)
At close: Sep 4, 2026 · 4:00 PM EDT

Kingsoft Cloud Holdings (KC) FCF Margin (2019 - 2026)

Kingsoft Cloud Holdings' (KC) quarterly FCF Margin came in at 92.47% in Q2 2026, up 3092.0% on a YoY basis from 2.9% in Q2 2025, and up 370.17% quarter-over-quarter from 19.67% in Q1 2026.

Analysis

Kingsoft Cloud Holdings (KC) FCF Margin (2019 - 2026) Analysis & Trends

Kingsoft Cloud Holdings (KC) has reported FCF Margin for 8 consecutive years, with 92.47% the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, FCF Margin rose 3092.0% year-over-year to 92.47%; the trailing twelve-month figure through Jun 2026 stood at 55.72% (up 3406.0% YoY), and the FY2025 full-year result was 35.94%, up 3228.0% from the prior year.
  • FCF Margin improved to 92.47% in Q2 2026 per KC's latest filing, from 19.67% in the prior quarter.
  • Across five years, FCF Margin topped out at 92.47% in Q2 2026 and bottomed at 28.86% in Q2 2022.
  • Historically, FCF Margin has averaged 15.47% across 5 years, with a median of 8.85% in 2022.
  • The sharpest annual moves came in 2023 and 2025: FCF Margin plunged 1920 bps in 2023, then soared 5705 bps in 2025.
  • Over 5 years, FCF Margin stood at 20.18% in 2022, then tumbled by 95 bps to 0.97% in 2023, then surged by 2521 bps to 25.55% in 2024, then soared by 48 bps to 37.76% in 2025, then soared by 145 bps to 92.47% in 2026.
  • According to Business Quant data, FCF Margin over the past three periods registered 92.47%, 19.67%, and 37.76% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Microsoft 3,711.27 Bn 3,578.52 Bn 60.48 Bn 21.82%
2 International Business Machines 221.25 Bn 209.98 Bn 9.91 Bn 13.80%
3 Nebius 57.28 Bn 49.24 Bn 448.70 Mn 1,357.29%
4 CoreWeave 49.24 Bn 43.70 Bn 1.70 Bn -223.03%
5 Nutanix 18.40 Bn 16.38 Bn 610.79 Mn 28.05%
6 DigitalOcean Holdings 11.81 Bn 11.04 Bn 154.66 Mn 27.13%
7 Kingsoft Cloud Holdings 3.27 Bn 2.57 Bn 68.71 Mn 92.47%
8 SharonAI Holdings 2.00 Bn 139.21 Mn 1.17 Mn 943.13%
9 Tuya 1.16 Bn 182.03 Mn 43.05 Mn 6.64%
10 Backblaze 776.06 Mn 724.68 Mn - -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 92.47%
Mar 31, 2026 19.67%
Dec 31, 2025 37.76%
Sep 30, 2025 68.90%
Jun 30, 2025 61.56%
Mar 31, 2025 -21.20%
Dec 31, 2024 25.55%
Sep 30, 2024 11.86%
Jun 30, 2024 8.02%
Mar 31, 2024 -18.27%
Dec 31, 2023 0.97%
Sep 30, 2023 1.26%
Jun 30, 2023 3.68%
Mar 31, 2023 -14.56%
Dec 31, 2022 20.18%
Sep 30, 2022 9.68%
Jun 30, 2022 -28.86%
Mar 31, 2022 -0.23%
Dec 31, 2021 -11.60%
Sep 30, 2021 0.58%