Kingsoft Cloud Holdings (KC) Prepaid Assets (2019 - 2026)
Kingsoft Cloud Holdings (KC) recorded Prepaid Assets of $61.76 million in Q2 2026, down 28.3% from $86.1 million a year earlier but up 57.1% from the prior quarter.
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Analysis
Kingsoft Cloud Holdings (KC) Prepaid Assets (2019 - 2026) Analysis & Trends
At the end of FY2025, Kingsoft Cloud Holdings reported Prepaid Assets of $20 million, down 67.6% from FY2024.
- Annual Prepaid Assets has declined for three straight years, though with a five-year compound annual growth rate of 61.6% (FY2020 to FY2025).
- Across earlier years, Prepaid Assets came in at $61.65 million in FY2024 (-49.7%), $122.65 million in FY2023 (-47.5%), $233.72 million in FY2022 and $4.56 million in FY2021 (+151.7%).
- Quarterly Prepaid Assets has ranged from $2.99 million in Q4 2022 to $120.94 million in Q4 2023 over the past five years.
- On a year-over-year basis, Prepaid Assets has declined for four consecutive quarters, with an average decline of 23.1% over the last eight quarters.
- Peak year-over-year performance for Prepaid Assets in the last five years was growth of 524.3% in Q3 2023, against a decline of 68.5% in Q4 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at $39.33 million (Q1 2026), $19.72 million (Q4 2025) and $24.29 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Microsoft | 3,809.31 Bn | 3,732.47 Bn | 60.48 Bn |
| 2 | International Business Machines | 207.26 Bn | 158.16 Bn | 9.91 Bn |
| 3 | Cloudflare | 111.87 Bn | 95.40 Bn | 499.52 Mn |
| 4 | Equinix | 99.81 Bn | 88.37 Bn | 1.40 Bn |
| 5 | Nebius | 59.68 Bn | 33.11 Bn | 448.70 Mn |
| 6 | CoreWeave | 48.00 Bn | 35.10 Bn | 1.70 Bn |
| 7 | Verisign | 25.49 Bn | 22.71 Bn | 384.60 Mn |
| 8 | Nutanix | 19.05 Bn | 10.74 Bn | 651.35 Mn |
| 9 | Akamai Technologies | 15.27 Bn | 8.68 Bn | 613.75 Mn |
| 10 | Kingsoft Cloud Holdings | 2.72 Bn | -79.03 Mn | 68.71 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 61.76 Mn |
| Mar 31, 2026 | 39.33 Mn |
| Dec 31, 2025 | 19.72 Mn |
| Sep 30, 2025 | 24.29 Mn |
| Jun 30, 2025 | 86.10 Mn |
| Mar 31, 2025 | 61.26 Mn |
| Dec 31, 2024 | 62.64 Mn |
| Sep 30, 2024 | 62.37 Mn |
| Jun 30, 2024 | 71.41 Mn |
| Mar 31, 2024 | 104.85 Mn |
| Dec 31, 2023 | 120.94 Mn |
| Sep 30, 2023 | 35.02 Mn |
| Jun 30, 2023 | 3.07 Mn |
| Mar 31, 2023 | 3.07 Mn |
| Dec 31, 2022 | 2.99 Mn |
| Sep 30, 2022 | 5.61 Mn |
| Jun 30, 2022 | 3.35 Mn |
| Mar 31, 2022 | 3.69 Mn |
| Dec 31, 2021 | 4.55 Mn |
| Sep 30, 2021 | 7.65 Mn |
API Access
Kingsoft Cloud Holdings Prepaid Assets 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=prepaid-assets&ticker=KC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "prepaid-assets", "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=prepaid-assets&ticker=KC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();