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
DateValue
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