Kingsoft Cloud Holdings (KC) Operating Expenses (2019 - 2025)
Kingsoft Cloud Holdings' (KC) quarterly Operating Expenses came in at -$76.0 million in Q4 2025, down 18.23% YoY from -$93.0 million in Q4 2024, and down 2.89% on a QoQ basis from -$73.9 million in Q3 2025.
Kingsoft Cloud Holdings (KC) Operating Expenses (2019 - 2025) Analysis & Trends
Kingsoft Cloud Holdings (KC) has 7 years of Operating Expenses data on file, last reported at -$76.0 million in Q4 2025.
- Quarterly Operating Expenses fell 18.23% year-over-year to -$76.0 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was -$319.0 million (up 26.0% YoY) and the FY2025 annual result came in at $325.5 million, down 22.86% from the prior year.
- Operating Expenses fell to -$76.0 million in Q4 2025, from -$73.9 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of -$64.3 million in Q4 2024 to a low of -$206.2 million in Q3 2024.
- A 5-year average of -$94.9 million and a median of -$85.2 million in 2021 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2021 — Operating Expenses tumbled 111.7% — and 2025, when it soared 64.16%.
- Tracing KC's Operating Expenses over 5 years: stood at -$109.6 million in 2021, then dropped by 9.02% to -$119.5 million in 2022, then grew by 29.78% to -$83.9 million in 2023, then gained by 23.36% to -$64.3 million in 2024, then dropped by 18.23% to -$76.0 million in 2025.
- The last three Operating Expenses figures came in at -$76.0 million (Q4 2025), -$73.9 million (Q3 2025), and -$92.9 million (Q2 2025), per Business Quant data.
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|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | -16.33 Bn |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 1.22 Bn |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 6.22 Bn |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 12.30 Bn |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 2.66 Bn |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | 1.25 Bn |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 4.34 Bn |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 3.67 Bn |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 4.54 Bn |
| 10 | Kingsoft Cloud Holdings | 3.50 Bn | 2.63 Bn | 66.54 Mn | -76.05 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -76.05 Mn |
| Sep 30, 2025 | -73.91 Mn |
| Jun 30, 2025 | -92.95 Mn |
| Mar 31, 2025 | -76.14 Mn |
| Dec 31, 2024 | -64.32 Mn |
| Sep 30, 2024 | -206.21 Mn |
| Jun 30, 2024 | -82.00 Mn |
| Mar 31, 2024 | -78.59 Mn |
| Dec 31, 2023 | -83.93 Mn |
| Sep 30, 2023 | -137.21 Mn |
| Jun 30, 2023 | -78.57 Mn |
| Mar 31, 2023 | -115.33 Mn |
| Dec 31, 2022 | -119.52 Mn |
| Sep 30, 2022 | -88.09 Mn |
| Jun 30, 2022 | -92.15 Mn |
| Mar 31, 2022 | -96.67 Mn |
| Dec 31, 2021 | -109.63 Mn |
| Sep 30, 2021 | -86.52 Mn |
| Jun 30, 2021 | -67.98 Mn |
| Mar 31, 2021 | -71.53 Mn |