Kingsoft Cloud Holdings (KC) FCF Margin (2019 - 2025)
Kingsoft Cloud Holdings posted quarterly FCF Margin of 37.76% for Q4 2025, up 1221.0% year-on-year from 2.86% in Q4 2024, and down 45.2% on a QoQ basis from 68.9% in Q3 2025.
Kingsoft Cloud Holdings (KC) has 7 years of FCF Margin data on file, last reported at 37.76% in Q4 2025.
- For the quarter ending Q4 2025, FCF Margin rose 1221.0% year-over-year to 37.76%; the trailing twelve-month figure through Dec 2025 stood at 39.72% (up 3172.0% YoY), and the FY2025 full-year result was 9.85%, down 1345.0% from the prior year.
- FCF Margin for Q4 2025 stood at 37.76%, down from 68.9% in the prior quarter.
- Across five years, FCF Margin topped out at 68.9% in Q3 2025 and bottomed at 47.94% in Q4 2022.
- The 5-year median for FCF Margin is 1.12% (2023), against an average of 5.66%.
- The widest annual swing landed in 2023, when FCF Margin tumbled 3813 bps; it then surged 5679 bps in 2025.
- A 5-year view of FCF Margin shows it stood at 47.67% in 2021, then retreated by 1 bps to 47.94% in 2022, then jumped by 102 bps to 0.97% in 2023, then jumped by 2521 bps to 25.55% in 2024, then surged by 48 bps to 37.76% in 2025.
- The last three FCF Margin figures came in at 37.76% (Q4 2025), 68.9% (Q3 2025), and 61.56% (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | 36.77% |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 47.52% |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 17.31% |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | 15.02% |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 41.64% |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 20.82% |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 45.65% |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 36.83% |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 61.18% |
| 10 | Kingsoft Cloud Holdings | 8.23 Bn | 7.37 Bn | 66.54 Mn | 37.76% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | 12.11% |
| Jun 30, 2024 | 7.99% |
| Mar 31, 2024 | -18.27% |
| Dec 31, 2023 | 0.97% |
| Sep 30, 2023 | 1.26% |
| Jun 30, 2023 | 3.68% |
| Mar 31, 2023 | -14.61% |
| Dec 31, 2022 | -47.94% |
| Sep 30, 2022 | 18.68% |
| Jun 30, 2022 | 41.52% |
| Mar 31, 2022 | -0.23% |
| Dec 31, 2021 | -47.67% |
| Sep 30, 2021 | 0.58% |
| Jun 30, 2021 | -2.08% |
| Mar 31, 2021 | -15.59% |
| Dec 31, 2020 | -14.47% |
| Sep 30, 2020 | -5.87% |
| Jun 30, 2020 | -0.17% |
| Mar 31, 2020 | 6.85% |
| Dec 31, 2019 | -13.24% |
| Sep 30, 2019 | -12.72% |
| Jun 30, 2019 | -0.24% |
| Mar 31, 2019 | -18.21% |