Kingsoft Cloud Holdings (KC) Operating Leases (2020 - 2025)

Kingsoft Cloud Holdings' (KC) quarterly Operating Leases came in at $7.2 million in Q4 2025, down 21.24% YoY from $9.2 million in Q4 2024, and down 99.92% on a QoQ basis from $8.8 billion in Q1 2025.

Kingsoft Cloud Holdings (KC) Operating Leases (2020 - 2025) Analysis & Trends

Kingsoft Cloud Holdings (KC) has 6 years of Operating Leases data on file, last reported at $7.2 million in Q4 2025.

  • Quarterly Operating Leases fell 21.24% year-over-year to $7.2 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $7.2 million (down 21.24% YoY) and the FY2025 annual result came in at $7.3 million, down 18.82% from the prior year.
  • Operating Leases slipped to $7.2 million in Q4 2025, from $8.8 billion in the prior quarter.
  • In the past five years, Operating Leases ranged from a high of $16.7 billion in Q1 2023 to a low of $1.8 million in Q3 2021.
  • A 5-year average of $2.0 billion and a median of $16.0 million in 2022 frame the typical range for Operating Leases.
  • Annual changes were most pronounced in 2023 — Operating Leases jumped 85379.82% — and 2024, when it sank 99.93%.
  • Tracing KC's Operating Leases over 5 years: stood at $24.8 million in 2021, then plunged by 30.11% to $17.3 million in 2022, then sank by 37.11% to $10.9 million in 2023, then slipped by 15.87% to $9.2 million in 2024, then declined by 21.24% to $7.2 million in 2025.
  • The last three Operating Leases figures came in at $7.2 million (Q4 2025), $8.8 billion (Q1 2025), and $9.2 million (Q4 2024), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Sap Se 255.48 Bn 234.41 Bn 16.51 Bn
2 Shopify 198.95 Bn 194.00 Bn 1.71 Bn
3 Salesforce 160.70 Bn 148.86 Bn 8.56 Bn
4 Uber Technologies 154.94 Bn 149.73 Bn 6.38 Bn
5 ServiceNow 128.25 Bn 123.58 Bn 2.82 Bn
6 Snowflake 114.00 Bn 111.05 Bn 926.45 Mn
7 Automatic Data Processing 108.58 Bn 104.35 Bn 2.51 Bn
8 Adobe 105.34 Bn 99.72 Bn 5.90 Bn
9 Intuit 94.55 Bn 87.77 Bn 7.24 Bn
10 Kingsoft Cloud Holdings 3.50 Bn 2.63 Bn 66.54 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 7.21 Mn
Mar 31, 2025 8.81 Bn
Dec 31, 2024 9.15 Mn
Jun 30, 2024 9.62 Bn
Mar 31, 2024 11.53 Mn
Dec 31, 2023 10.88 Mn
Sep 30, 2023 13.29 Mn
Jun 30, 2023 13.32 Mn
Mar 31, 2023 16.67 Bn
Dec 31, 2022 17.30 Mn
Sep 30, 2022 14.21 Mn
Jun 30, 2022 14.62 Mn
Mar 31, 2022 19.50 Mn
Dec 31, 2021 24.76 Mn
Sep 30, 2021 28.19 Mn
Sep 3, 2021 1.83 Mn
Jun 30, 2021 26.22 Mn
Mar 31, 2021 30.67 Mn
Dec 31, 2020 1.43 Mn
Sep 30, 2020 30.81 Mn