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| Date | Value |
|---|---|
| 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 |