Kingsoft Cloud Holdings (KC) Operating Income (2019 - 2025)
Kingsoft Cloud Holdings (KC) posted Operating Income of -$9.5 million for Q4 2025, up 53.44% on a QoQ basis from -$20.4 million in Q3 2025, and down 59.43% year-over-year from -$23.4 million in Q4 2024.
Kingsoft Cloud Holdings (KC) Operating Income (2019 - 2025) Analysis & Trends
Kingsoft Cloud Holdings' Operating Income history runs 7 years deep, the most recent figure standing at -$9.5 million for Q4 2025.
- Quarterly Operating Income fell 59.43% year-over-year to -$9.5 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was -$107.8 million (up 56.01% YoY) and the FY2025 annual result came in at -$110.5 million, up 53.61% from the prior year.
- Operating Income was -$9.5 million for Q4 2025 at Kingsoft Cloud Holdings, up from -$20.4 million in the prior quarter.
- Across five years, Operating Income topped out at -$6.0 million in Q4 2024 and bottomed at -$163.0 million in Q3 2024.
- A 5-year average of -$63.2 million and a median of -$51.9 million in 2021 frame the typical range for Operating Income.
- Annual changes were most pronounced in 2021 — Operating Income sank 179.95% — and 2024, when it soared 87.65%.
- Kingsoft Cloud Holdings' Operating Income stood at -$105.2 million in 2021, then rose by 8.75% to -$96.0 million in 2022, then surged by 49.73% to -$48.3 million in 2023, then surged by 87.65% to -$6.0 million in 2024, then tumbled by 59.43% to -$9.5 million in 2025.
- Business Quant data shows KC's Operating Income at -$9.5 million in Q4 2025, -$20.4 million in Q3 2025, and -$45.6 million in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn | 3.21 Bn |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | 145.83 Mn |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | 382.00 Mn |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | 1.92 Bn |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | 2.35 Bn |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | 162.00 Mn |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | -1.37 Bn |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | -326.15 Mn |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | 431.33 Mn |
| 10 | Kingsoft Cloud Holdings | 39.80 Bn | 38.95 Bn | 66.54 Mn | -9.50 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -9.50 Mn |
| Sep 30, 2025 | -20.41 Mn |
| Jun 30, 2025 | -45.65 Mn |
| Mar 31, 2025 | -32.27 Mn |
| Dec 31, 2024 | -5.96 Mn |
| Sep 30, 2024 | -162.99 Mn |
| Jun 30, 2024 | -38.20 Mn |
| Mar 31, 2024 | -37.97 Mn |
| Dec 31, 2023 | -48.27 Mn |
| Sep 30, 2023 | -110.31 Mn |
| Jun 30, 2023 | -50.08 Mn |
| Mar 31, 2023 | -87.06 Mn |
| Dec 31, 2022 | -96.04 Mn |
| Sep 30, 2022 | -70.88 Mn |
| Jun 30, 2022 | -82.42 Mn |
| Mar 31, 2022 | -84.05 Mn |
| Dec 31, 2021 | -105.25 Mn |
| Sep 30, 2021 | -72.80 Mn |
| Jun 30, 2021 | -49.63 Mn |
| Mar 31, 2021 | -53.75 Mn |