Kingsoft Cloud Holdings (KC) Total Debt (2019 - 2026)
Kingsoft Cloud Holdings' Total Debt was $981.23 million in Q2 2026, up 28.4% from $763.94 million a year earlier but down 1.3% from the prior quarter.
Kingsoft Cloud Holdings (KC) Total Debt (2019 - 2026) Analysis & Trends
At the end of FY2025, Total Debt at Kingsoft Cloud Holdings came in at $886.66 million, up 66.5% from FY2024.
- Total Debt has now increased for three consecutive years, with a five-year compound annual growth rate of 75.0% (FY2020 to FY2025).
- In earlier years, Total Debt was $532.43 million in FY2024 (+212.2%), $170.55 million in FY2023 (+29.3%), $131.87 million in FY2022 (-37.5%) and $210.87 million in FY2021 (+290.0%).
- Quarterly Total Debt has moved between $124.5 million (Q4 2022) and $993.83 million (Q1 2026) over five years.
- Compared with a year earlier, Total Debt has increased for 11 straight quarters, with growth averaging 145.0% over the last eight quarters.
- The best year-over-year quarter for Total Debt over five years was Q2 2025 (growth of 249.3%); the worst was Q4 2022 (a decline of 41.0%).
- Per Business Quant data, KC's Total Debt in the three quarters before Q2 2026 was $993.83 million (Q1 2026), $898.38 million (Q4 2025) and $864.81 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,781.98 Bn | 3,705.13 Bn | 60.48 Bn | 40.29 Bn |
| 2 | International Business Machines | 207.92 Bn | 158.82 Bn | 9.91 Bn | 61.99 Bn |
| 3 | Cloudflare | 114.07 Bn | 97.60 Bn | 499.52 Mn | 1.29 Bn |
| 4 | Equinix | 99.76 Bn | 88.32 Bn | 1.40 Bn | 19.69 Bn |
| 5 | Nebius | 58.67 Bn | 32.10 Bn | 448.70 Mn | 8.55 Bn |
| 6 | CoreWeave | 46.87 Bn | 33.97 Bn | 1.70 Bn | 3.66 Bn |
| 7 | Verisign | 25.50 Bn | 22.71 Bn | 384.60 Mn | 2.33 Bn |
| 8 | Nutanix | 18.59 Bn | 10.27 Bn | 651.35 Mn | - |
| 9 | Akamai Technologies | 15.65 Bn | 9.06 Bn | 613.75 Mn | 1.71 Bn |
| 10 | Kingsoft Cloud Holdings | 2.73 Bn | -70.07 Mn | 68.71 Mn | 981.23 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 981.23 Mn |
| Mar 31, 2026 | 993.83 Mn |
| Dec 31, 2025 | 898.38 Mn |
| Sep 30, 2025 | 864.81 Mn |
| Jun 30, 2025 | 763.94 Mn |
| Mar 31, 2025 | 625.70 Mn |
| Dec 31, 2024 | 541.04 Mn |
| Sep 30, 2024 | 327.82 Mn |
| Jun 30, 2024 | 218.69 Mn |
| Mar 31, 2024 | 198.16 Mn |
| Dec 31, 2023 | 168.18 Mn |
| Sep 30, 2023 | 128.11 Mn |
| Jun 30, 2023 | 141.25 Mn |
| Mar 31, 2023 | 158.31 Mn |
| Dec 31, 2022 | 124.50 Mn |
| Sep 30, 2022 | 152.20 Mn |
| Jun 30, 2022 | 192.03 Mn |
| Mar 31, 2022 | 233.98 Mn |
| Dec 31, 2021 | 210.87 Mn |
| Sep 30, 2021 | 139.90 Mn |
Kingsoft Cloud Holdings Total Debt 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=total-debt&ticker=KC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-debt", "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=total-debt&ticker=KC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();