Kingsoft Cloud Holdings (KC) Receivables Refunds (2021 - 2025)
Kingsoft Cloud Holdings posted quarterly Receivables Refunds of $199.5 million for Q4 2025, up 27.98% year-on-year from $155.9 million in Q4 2024, and up 27.98% on a QoQ basis from $155.9 million in Q4 2024.
Kingsoft Cloud Holdings (KC) has 5 years of Receivables Refunds data on file, last reported at $199.5 million in Q4 2025.
- For the quarter ending Q4 2025, Receivables Refunds rose 27.98% year-over-year to $199.5 million; the trailing twelve-month figure through Dec 2025 stood at $199.5 million (up 27.98% YoY), and the FY2025 full-year result was $202.4 million, up 31.9% from the prior year.
- Receivables Refunds for Q4 2025 stood at $199.5 million, up from $155.9 million in the prior quarter.
- Across five years, Receivables Refunds topped out at $199.5 million in Q4 2025 and bottomed at $95.4 million in Q4 2022.
- The 5-year median for Receivables Refunds is $104.1 million (2023), against an average of $130.4 million.
- The widest annual swing landed in 2022, when Receivables Refunds fell 1.48%; it then surged 49.73% in 2024.
- A 5-year view of Receivables Refunds shows it stood at $96.9 million in 2021, then declined by 1.48% to $95.4 million in 2022, then rose by 9.09% to $104.1 million in 2023, then surged by 49.73% to $155.9 million in 2024, then grew by 27.98% to $199.5 million in 2025.
- The last three Receivables Refunds figures came in at $199.5 million (Q4 2025), $155.9 million (Q4 2024), and $104.1 million (Q4 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Refund Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | 700.11 Mn |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | - |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | - |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | - |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | - |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | - |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | - |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | - |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 52.00 Mn |
| 10 | Kingsoft Cloud Holdings | 8.23 Bn | 7.37 Bn | 66.54 Mn | 199.53 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 199.53 Mn |
| Dec 31, 2024 | 155.91 Mn |
| Dec 31, 2023 | 104.13 Mn |
| Dec 31, 2022 | 95.45 Mn |
| Dec 31, 2021 | 96.88 Mn |