Kingsoft Cloud Holdings (KC) Payables (2019 - 2026)
Kingsoft Cloud Holdings' (KC) quarterly Payables came in at $356.2 million in Q2 2026, up 17.34% on a YoY basis from $303.5 million in Q2 2025, and up 11.31% quarter-over-quarter from $320.0 million in Q1 2026.
Analysis
Kingsoft Cloud Holdings (KC) Payables (2019 - 2026) Analysis & Trends
Kingsoft Cloud Holdings (KC) has reported Payables for 8 consecutive years, with $356.2 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Payables rose 17.34% year-over-year to $356.2 million; the trailing twelve-month figure through Jun 2026 stood at $356.2 million (up 17.34% YoY), and the FY2025 full-year result was $746.2 million, up 30.69% from the prior year.
- Payables advanced to $356.2 million in Q2 2026 per KC's latest filing, from $320.0 million in the prior quarter.
- Across five years, Payables topped out at $756.1 million in Q4 2025 and bottomed at $269.4 million in Q1 2024.
- Historically, Payables has averaged $405.2 million across 5 years, with a median of $321.9 million in 2025.
- The sharpest annual moves came in 2022 and 2023: Payables surged 95.07% in 2022, then plunged 53.36% in 2023.
- Over 5 years, Payables stood at $451.5 million in 2022, then declined by 10.31% to $405.0 million in 2023, then surged by 41.03% to $571.2 million in 2024, then soared by 32.38% to $756.1 million in 2025, then plunged by 52.89% to $356.2 million in 2026.
- According to Business Quant data, Payables over the past three periods registered $356.2 million, $320.0 million, and $756.1 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,711.27 Bn | 3,578.52 Bn | 60.48 Bn | 42.80 Bn |
| 2 | International Business Machines | 221.25 Bn | 209.98 Bn | 9.91 Bn | 10.17 Bn |
| 3 | Nebius | 57.28 Bn | 49.24 Bn | 448.70 Mn | 1.30 Bn |
| 4 | CoreWeave | 49.24 Bn | 43.70 Bn | 1.70 Bn | 3.63 Bn |
| 5 | Nutanix | 18.40 Bn | 16.38 Bn | 610.79 Mn | 84.38 Mn |
| 6 | DigitalOcean Holdings | 11.81 Bn | 11.04 Bn | 154.66 Mn | 10.39 Mn |
| 7 | Kingsoft Cloud Holdings | 3.27 Bn | 2.57 Bn | 68.71 Mn | 356.18 Mn |
| 8 | SharonAI Holdings | 2.00 Bn | 139.21 Mn | 1.17 Mn | 32.43 Mn |
| 9 | Tuya | 1.16 Bn | 182.03 Mn | 43.05 Mn | 36.78 Mn |
| 10 | Backblaze | 776.06 Mn | 724.68 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 356.18 Mn |
| Mar 31, 2026 | 319.99 Mn |
| Dec 31, 2025 | 756.11 Mn |
| Sep 30, 2025 | 323.72 Mn |
| Jun 30, 2025 | 303.53 Mn |
| Mar 31, 2025 | 280.71 Mn |
| Dec 31, 2024 | 571.17 Mn |
| Sep 30, 2024 | 296.00 Mn |
| Jun 30, 2024 | 273.52 Mn |
| Mar 31, 2024 | 269.44 Mn |
| Dec 31, 2023 | 404.99 Mn |
| Sep 30, 2023 | 298.83 Mn |
| Jun 30, 2023 | 314.21 Mn |
| Mar 31, 2023 | 319.71 Mn |
| Dec 31, 2022 | 451.54 Mn |
| Sep 30, 2022 | 511.07 Mn |
| Jun 30, 2022 | 557.36 Mn |
| Mar 31, 2022 | 685.50 Mn |
| Dec 31, 2021 | 709.56 Mn |
| Sep 30, 2021 | 489.16 Mn |