Kingsoft Cloud Holdings (KC) Notes Payables (2019 - 2025)
Kingsoft Cloud Holdings' (KC) quarterly Notes Payables came in at $472.1 million in Q4 2025, up 52.35% on a YoY basis from $309.9 million in Q4 2024, and up 52.35% quarter-over-quarter from $309.9 million in Q4 2024.
Analysis
Kingsoft Cloud Holdings (KC) Notes Payables (2019 - 2025) Analysis & Trends
Kingsoft Cloud Holdings (KC) has reported Notes Payables for 7 consecutive years, with $472.1 million the latest figure, recorded in Q4 2025.
- For the quarter ending Q4 2025, Notes Payables rose 52.35% year-over-year to $472.1 million; the trailing twelve-month figure through Dec 2025 stood at $472.1 million (up 52.35% YoY), and the FY2025 full-year result was $478.8 million, up 57.02% from the prior year.
- Notes Payables advanced to $472.1 million in Q4 2025 per KC's latest filing, from $309.9 million in the prior quarter.
- Across five years, Notes Payables topped out at $472.1 million in Q4 2025 and bottomed at $127.9 million in Q4 2022.
- Historically, Notes Payables has averaged $244.5 million across 5 years, with a median of $219.5 million in 2022.
- The sharpest annual moves came in 2022 and 2024: Notes Payables slumped 48.83% in 2022, then jumped 100.83% in 2024.
- Over 5 years, Notes Payables stood at $249.9 million in 2021, then plunged by 48.83% to $127.9 million in 2022, then rose by 20.65% to $154.3 million in 2023, then surged by 100.83% to $309.9 million in 2024, then soared by 52.35% to $472.1 million in 2025.
- According to Business Quant data, Notes Payables over the past three periods registered $472.1 million, $309.9 million, and $154.3 million for Q4 2025, Q4 2024, and Q4 2023 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Microsoft | 3,711.27 Bn | 3,578.52 Bn | 60.48 Bn |
| 2 | International Business Machines | 221.25 Bn | 209.98 Bn | 9.91 Bn |
| 3 | Nebius | 57.28 Bn | 49.24 Bn | 448.70 Mn |
| 4 | CoreWeave | 49.24 Bn | 43.70 Bn | 1.70 Bn |
| 5 | Nutanix | 18.40 Bn | 16.38 Bn | 610.79 Mn |
| 6 | DigitalOcean Holdings | 11.81 Bn | 11.04 Bn | 154.66 Mn |
| 7 | Kingsoft Cloud Holdings | 3.27 Bn | 2.57 Bn | 68.71 Mn |
| 8 | SharonAI Holdings | 2.00 Bn | 139.21 Mn | 1.17 Mn |
| 9 | Tuya | 1.16 Bn | 182.03 Mn | 43.05 Mn |
| 10 | Backblaze | 776.06 Mn | 724.68 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 472.08 Mn |
| Dec 31, 2024 | 309.86 Mn |
| Dec 31, 2023 | 154.29 Mn |
| Dec 31, 2022 | 127.88 Mn |
| Sep 30, 2022 | 146.35 Mn |
| Jun 30, 2022 | 189.05 Mn |
| Mar 31, 2022 | 306.59 Mn |
| Dec 31, 2021 | 249.93 Mn |
| Dec 31, 2020 | 136.39 Mn |
| Jun 30, 2020 | 32.34 Mn |
| Dec 31, 2019 | 143.39 Mn |