Kingsoft Cloud Holdings (KC) Operating Expenses (2019 - 2025)
Kingsoft Cloud Holdings (KC) posted Operating Expenses of -$76.0 million for Q4 2025, down 2.89% on a QoQ basis from -$73.9 million in Q3 2025, and down 18.23% year-over-year from -$93.0 million in Q4 2024.
Kingsoft Cloud Holdings (KC) Operating Expenses (2019 - 2025) Analysis & Trends
Kingsoft Cloud Holdings' Operating Expenses history runs 7 years deep, the most recent figure standing at -$76.0 million for 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 was -$76.0 million for Q4 2025 at Kingsoft Cloud Holdings, down from -$73.9 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.
- 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 slumped 111.7% — and 2025, when it soared 64.16%.
- Kingsoft Cloud Holdings' Operating Expenses stood at -$109.6 million in 2021, then fell by 9.02% to -$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.
- Business Quant data shows KC's Operating Expenses at -$76.0 million in Q4 2025, -$73.9 million in Q3 2025, and -$92.9 million in Q2 2025.
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|---|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn | -7.98 Bn |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | -269.42 Mn |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | 1.16 Bn |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | 11.28 Bn |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | 6.22 Bn |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | 2.66 Bn |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | 4.23 Bn |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | 1.25 Bn |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | 1.04 Bn |
| 10 | Kingsoft Cloud Holdings | 39.80 Bn | 38.95 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 |