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

Kingsoft Cloud Holdings (KC) has reported Gross Margin for 8 consecutive years, with 15.18% the latest figure, recorded in Q2 2026.

• For the quarter ending Q2 2026, Gross Margin rose 75.0% year-over-year to 15.18%; the trailing twelve-month figure through Jun 2026 stood at 15.05% (down 137.0% YoY), and the FY2025 full-year result was 15.73%, down 150.0% from the prior year.
• Gross Margin climbed to 15.18% in Q2 2026 per KC's latest filing, from 12.79% in the prior quarter.
• Across five years, Gross Margin topped out at 19.08% in Q4 2024 and bottomed at 3.42% in Q2 2022.
• Historically, Gross Margin has averaged 12.7% across 5 years, with a median of 14.56% in 2023.
• The sharpest annual moves came in 2023 and 2026: Gross Margin soared 784 bps in 2023, then plunged 337 bps in 2026.
• Over 5 years, Gross Margin stood at 7.6% in 2022, then surged by 93 bps to 14.7% in 2023, then gained by 30 bps to 19.08% in 2024, then declined by 12 bps to 16.85% in 2025, then fell by 10 bps to 15.18% in 2026.
• According to Business Quant data, Gross Margin over the past three periods registered 15.18%, 12.79%, and 16.85% for Q2 2026, Q1 2026, and Q4 2025 respectively.