Kingsoft Cloud Holdings KC
NASDAQ KC
$10.94 +0.46 (+4.39%)
At close: Sep 4, 2026 · 4:00 PM EDT

Kingsoft Cloud Holdings (KC) Research & Development (2019 - 2026)

Kingsoft Cloud Holdings' (KC) quarterly Research & Development came in at -$28.0 million in Q2 2026, down 3.2% on a YoY basis from -$28.9 million in Q2 2025, and little changed quarter-over-quarter from -$28.0 million in Q1 2026.

Analysis

Kingsoft Cloud Holdings (KC) Research & Development (2019 - 2026) Analysis & Trends

Kingsoft Cloud Holdings (KC) has reported Research & Development for 8 consecutive years, with -$28.0 million the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Research & Development fell 3.2% year-over-year to -$28.0 million; the trailing twelve-month figure through Jun 2026 stood at -$111.3 million (up 3.89% YoY), and the FY2025 full-year result was -$115.9 million, changed 0.03% from the prior year.
  • Research & Development held at -$28.0 million in Q2 2026 per KC's latest filing, from -$28.0 million in the prior quarter.
  • Across five years, Research & Development topped out at -$23.9 million in Q4 2024 and bottomed at -$38.9 million in Q1 2022.
  • Historically, Research & Development has averaged -$30.1 million across 5 years, with a median of -$28.1 million in 2024.
  • The sharpest annual moves came in 2023 and 2024: Research & Development soared 33.4% in 2023, then fell 22.41% in 2024.
  • Over 5 years, Research & Development stood at -$37.0 million in 2022, then jumped by 33.4% to -$24.7 million in 2023, then increased by 3.29% to -$23.9 million in 2024, then fell by 13.99% to -$27.2 million in 2025, then declined by 2.91% to -$28.0 million in 2026.
  • According to Business Quant data, Research & Development over the past three periods registered -$28.0 million, -$28.0 million, and -$27.2 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Microsoft 3,711.27 Bn 3,578.52 Bn 60.48 Bn 10.00 Bn
2 International Business Machines 221.25 Bn 209.98 Bn 9.91 Bn 2.31 Bn
3 Nebius 57.28 Bn 49.24 Bn 448.70 Mn 191.00 Mn
4 CoreWeave 49.24 Bn 43.70 Bn 1.70 Bn 60.00 Mn
5 Nutanix 18.40 Bn 16.38 Bn 610.79 Mn 283.61 Mn
6 DigitalOcean Holdings 11.81 Bn 11.04 Bn 154.66 Mn 57.52 Mn
7 Kingsoft Cloud Holdings 3.27 Bn 2.57 Bn 68.71 Mn -27.99 Mn
8 SharonAI Holdings 2.00 Bn 139.21 Mn 1.17 Mn -
9 Tuya 1.16 Bn 182.03 Mn 43.05 Mn -23.13 Mn
10 Backblaze 776.06 Mn 724.68 Mn - -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -27.99 Mn
Mar 31, 2026 -28.03 Mn
Dec 31, 2025 -27.20 Mn
Sep 30, 2025 -28.04 Mn
Jun 30, 2025 -27.12 Mn
Mar 31, 2025 -31.17 Mn
Dec 31, 2024 -23.86 Mn
Sep 30, 2024 -33.62 Mn
Jun 30, 2024 -28.07 Mn
Mar 31, 2024 -32.13 Mn
Dec 31, 2023 -24.67 Mn
Sep 30, 2023 -27.46 Mn
Jun 30, 2023 -26.74 Mn
Mar 31, 2023 -31.36 Mn
Dec 31, 2022 -37.04 Mn
Sep 30, 2022 -34.88 Mn
Jun 30, 2022 -32.99 Mn
Mar 31, 2022 -38.91 Mn
Dec 31, 2021 -43.66 Mn
Sep 30, 2021 -41.71 Mn