Kingsoft Cloud Holdings (KC) Operating Leases (2019 - 2026)
Kingsoft Cloud Holdings (KC) posted Operating Leases of $12.27 million for Q2 2026, up 36.2% from $9.01 million a year earlier and up 35.6% from the prior quarter.
Kingsoft Cloud Holdings (KC) Operating Leases (2019 - 2026) Analysis & Trends
At the end of FY2025, Kingsoft Cloud Holdings' Operating Leases came in at $7.31 million, down 18.8% from FY2024.
- Annual Operating Leases has declined for six consecutive years, with a five-year compound annual growth rate of -23.6% (FY2020 to FY2025).
- In prior years, Kingsoft Cloud Holdings' Operating Leases was $9.01 million in FY2024 (-18.4%), $11.04 million in FY2023 (-38.2%), $17.84 million in FY2022 (-28.2%) and $24.84 million in FY2021 (-11.4%).
- The Q2 2026 figure stands as the highest quarterly Operating Leases since Q3 2023.
- On a year-over-year basis, Operating Leases increased in two of the last eight quarters, with an average decline of 8.5%.
- The strongest year-over-year quarter for Operating Leases in the past five years was Q2 2026, with growth of 36.2%; the weakest was Q4 2023, with a decline of 37.1%.
- According to Business Quant data, Operating Leases for the three prior quarters was $9.05 million (Q1 2026), $7.21 million (Q4 2025) and $8.55 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Microsoft | 3,781.98 Bn | 3,705.13 Bn | 60.48 Bn |
| 2 | International Business Machines | 207.92 Bn | 158.82 Bn | 9.91 Bn |
| 3 | Cloudflare | 114.07 Bn | 97.60 Bn | 499.52 Mn |
| 4 | Equinix | 99.76 Bn | 88.32 Bn | 1.40 Bn |
| 5 | Nebius | 58.67 Bn | 32.10 Bn | 448.70 Mn |
| 6 | CoreWeave | 46.87 Bn | 33.97 Bn | 1.70 Bn |
| 7 | Verisign | 25.50 Bn | 22.71 Bn | 384.60 Mn |
| 8 | Nutanix | 18.59 Bn | 10.27 Bn | 651.35 Mn |
| 9 | Akamai Technologies | 15.65 Bn | 9.06 Bn | 613.75 Mn |
| 10 | Kingsoft Cloud Holdings | 2.73 Bn | -70.07 Mn | 68.71 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 12.27 Mn |
| Mar 31, 2026 | 9.05 Mn |
| Dec 31, 2025 | 7.21 Mn |
| Sep 30, 2025 | 8.55 Mn |
| Jun 30, 2025 | 9.01 Mn |
| Mar 31, 2025 | 8.81 Mn |
| Dec 31, 2024 | 9.15 Mn |
| Sep 30, 2024 | 10.79 Mn |
| Jun 30, 2024 | 9.62 Mn |
| 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 Mn |
| Dec 31, 2022 | 17.30 Mn |
| Sep 30, 2022 | 19.62 Mn |
| Jun 30, 2022 | 20.67 Mn |
| Mar 31, 2022 | 19.50 Mn |
| Dec 31, 2021 | 24.76 Mn |
| Sep 30, 2021 | 28.19 Mn |
Kingsoft Cloud Holdings Operating Leases API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-leases&ticker=KC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "ticker": "KC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-leases&ticker=KC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();