Kingsoft Cloud Holdings (KC) Operating Expenses (2019 - 2026)

Kingsoft Cloud Holdings (KC) has reported Operating Expenses for 8 consecutive years, with -$65.3 million the latest figure, recorded in Q2 2026.

• For the quarter ending Q2 2026, Operating Expenses rose 29.72% year-over-year to -$65.3 million; the trailing twelve-month figure through Jun 2026 stood at -$289.5 million (up 34.15% YoY), and the FY2025 full-year result was -$325.5 million, up 22.86% from the prior year.
• Operating Expenses advanced to -$65.3 million in Q2 2026 per KC's latest filing, from -$74.2 million in the prior quarter.
• Across five years, Operating Expenses topped out at -$64.3 million in Q4 2024 and bottomed at -$206.2 million in Q3 2024.
• Historically, Operating Expenses has averaged -$94.5 million across 5 years, with a median of -$83.0 million in 2023.
• The sharpest annual moves came in 2023 and 2025: Operating Expenses slumped 55.77% in 2023, then jumped 64.16% in 2025.
• Over 5 years, Operating Expenses stood at -$119.5 million in 2022, then rose by 29.78% to -$83.9 million in 2023, then climbed by 23.36% to -$64.3 million in 2024, then fell by 18.23% to -$76.0 million in 2025, then grew by 14.1% to -$65.3 million in 2026.
• According to Business Quant data, Operating Expenses over the past three periods registered -$65.3 million, -$74.2 million, and -$76.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.