Kingsoft Cloud Holdings (KC) Invested Capital (2019 - 2026)
Kingsoft Cloud Holdings' Invested Capital was $2.29 billion in Q2 2026, up 31.5% from $1.74 billion a year earlier but down 0.2% from the prior quarter.
Kingsoft Cloud Holdings (KC) Invested Capital (2019 - 2026) Analysis & Trends
For FY2025, Invested Capital at Kingsoft Cloud Holdings came in at $2.18 billion, up 68.1% from FY2024.
- Invested Capital shows a five-year compound annual growth rate of 10.6% (FY2020 to FY2025).
- In earlier years, Invested Capital was $1.3 billion in FY2024 (+9.0%), $1.19 billion in FY2023 (-21.7%), $1.52 billion in FY2022 (-24.3%) and $2.01 billion in FY2021 (+52.5%).
- Quarterly Invested Capital has moved between $1.11 billion (Q3 2024) and $2.29 billion (Q1 2026) over five years.
- Compared with a year earlier, Invested Capital has increased for seven straight quarters, with growth averaging 38.8% over the last eight quarters.
- The best year-over-year quarter for Invested Capital over five years was Q4 2025 (growth of 69.1%); the worst was Q3 2023 (a decline of 29.9%).
- Per Business Quant data, KC's Invested Capital in the three quarters before Q2 2026 was $2.29 billion (Q1 2026), $2.21 billion (Q4 2025) and $1.85 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,809.31 Bn | 3,732.47 Bn | 60.48 Bn | 482.68 Bn |
| 2 | International Business Machines | 207.26 Bn | 158.16 Bn | 9.91 Bn | 96.53 Bn |
| 3 | Cloudflare | 111.87 Bn | 95.40 Bn | 499.52 Mn | 2.91 Bn |
| 4 | Equinix | 99.81 Bn | 88.37 Bn | 1.40 Bn | 34.07 Bn |
| 5 | Nebius | 59.68 Bn | 33.11 Bn | 448.70 Mn | 18.89 Bn |
| 6 | CoreWeave | 48.00 Bn | 35.10 Bn | 1.70 Bn | 8.69 Bn |
| 7 | Verisign | 25.49 Bn | 22.71 Bn | 384.60 Mn | 80.30 Mn |
| 8 | Nutanix | 19.05 Bn | 10.74 Bn | 651.35 Mn | - |
| 9 | Akamai Technologies | 15.27 Bn | 8.68 Bn | 613.75 Mn | 6.45 Bn |
| 10 | Kingsoft Cloud Holdings | 2.72 Bn | -79.03 Mn | 68.71 Mn | 2.29 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.29 Bn |
| Mar 31, 2026 | 2.29 Bn |
| Dec 31, 2025 | 2.21 Bn |
| Sep 30, 2025 | 1.85 Bn |
| Jun 30, 2025 | 1.74 Bn |
| Mar 31, 2025 | 1.36 Bn |
| Dec 31, 2024 | 1.31 Bn |
| Sep 30, 2024 | 1.11 Bn |
| Jun 30, 2024 | 1.14 Bn |
| Mar 31, 2024 | 1.18 Bn |
| Dec 31, 2023 | 1.17 Bn |
| Sep 30, 2023 | 1.16 Bn |
| Jun 30, 2023 | 1.32 Bn |
| Mar 31, 2023 | 1.46 Bn |
| Dec 31, 2022 | 1.47 Bn |
| Sep 30, 2022 | 1.66 Bn |
| Jun 30, 2022 | 1.82 Bn |
| Mar 31, 2022 | 1.97 Bn |
| Dec 31, 2021 | 2.01 Bn |
| Sep 30, 2021 | 2.01 Bn |
Kingsoft Cloud Holdings Invested Capital 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=invested-capital&ticker=KC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "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=invested-capital&ticker=KC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();