Kingsoft Cloud Holdings (KC) Net Margin (2018 - 2025)
Kingsoft Cloud Holdings' (KC) annual Net Margin came in at 9.79% in FY2025, up 61.23% year-over-year from 25.26% in FY2024.
Analysis
Kingsoft Cloud Holdings (KC) Net Margin (2018 - 2025) Analysis & Trends
Kingsoft Cloud Holdings (KC) has reported Net Margin for 8 consecutive years, with 9.79% the latest figure, recorded in FY2025.
- For the quarter ending Q2 2026, Net Margin rose 1712.0% year-over-year to 1.95%; the trailing twelve-month figure through Jun 2026 stood at 5.41% (up 1819.0% YoY), and the FY2025 full-year result was 9.79%, up 1547.0% from the prior year.
- Net Margin rose to 9.79% in FY2025 per KC's latest filing, from 25.26% in the prior year.
- Across five years, Net Margin topped out at 32.5% in FY2022 and bottomed at 308810.88% in FY2023.
- Historically, Net Margin has averaged 51465.28% across 5 years, with a median of 2.79% in 2025.
- The sharpest annual moves came in 2023 and 2024: Net Margin slumped 30884337 bps in 2023, then jumped 30878562 bps in 2024.
- Over 5 years, Net Margin stood at 17.53% in 2021, then jumped by 85 bps to 32.5% in 2022, then slumped by 950414 bps to 308810.88% in 2023, then surged by 100 bps to 25.26% in 2024, then jumped by 61 bps to 9.79% in 2025.
- According to Business Quant data, Net Margin over the past three periods registered 9.79%, 25.26%, and 308810.88% for FY2025, FY2024, and FY2023 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Yr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,639.54 Bn | 3,506.79 Bn | 60.48 Bn | 39.50% |
| 2 | International Business Machines | 223.82 Bn | 212.46 Bn | 9.91 Bn | - |
| 3 | Nebius | 50.79 Bn | 42.75 Bn | 448.70 Mn | - |
| 4 | CoreWeave | 46.01 Bn | 40.47 Bn | 1.70 Bn | - |
| 5 | Nutanix | 18.26 Bn | 16.24 Bn | 610.79 Mn | - |
| 6 | DigitalOcean Holdings | 12.89 Bn | 12.13 Bn | 154.66 Mn | - |
| 7 | Kingsoft Cloud Holdings | 2.58 Bn | 1.89 Bn | 68.71 Mn | - |
| 8 | Tuya | 1.07 Bn | 90.62 Mn | 43.05 Mn | - |
| 9 | SharonAI Holdings | 983.15 Mn | -878.20 Mn | 1.17 Mn | - |
| 10 | Backblaze | 745.27 Mn | 693.89 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | -9.79% |
| Dec 31, 2024 | -25.26% |
| Dec 31, 2023 | -308,810.88% |
| Dec 31, 2022 | 32.50% |
| Dec 31, 2021 | 17.53% |
| Sep 3, 2021 | 4.22% |
| Dec 31, 2020 | 149,304.03% |
| Dec 31, 2019 | 70.46% |
| Dec 31, 2018 | 78.84% |