Growth Metrics

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 🔒
DateValue
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