Kingsoft Cloud Holdings (KCLHF) Cost of Revenue (2019 - 2025)

Kingsoft Cloud Holdings has reported Cost of Revenue for 7 years, with the latest figure at $328.3 million in Q4 2025.

• For the quarter ending Q4 2025, Cost of Revenue rose 32.69% year-over-year to $328.3 million; the trailing twelve-month figure through Dec 2025 stood at $1.1 billion (up 26.42% YoY), and the FY2025 full-year result was $78.8 million, down 91.07% from the prior year.
• Cost of Revenue for Q4 2025 stood at $328.3 million, up from $294.6 million in the prior quarter.
• The five-year high for Cost of Revenue was $413.0 million in Q4 2021, with the low at $22.8 million in Q1 2022.
• Historically, Cost of Revenue has averaged $254.5 million across 5 years, with a median of $253.2 million in 2021.
• Annual changes were most pronounced in 2022 — Cost of Revenue sank 91.21% — and 2023, when it soared 967.66%.
• Kingsoft Cloud Holdings' Cost of Revenue stood at $413.0 million in 2021, then slumped by 30.87% to $285.5 million in 2022, then retreated by 27.51% to $206.9 million in 2023, then rose by 19.57% to $247.4 million in 2024, then surged by 32.69% to $328.3 million in 2025.
• The last three Cost of Revenue figures came in at $328.3 million (Q4 2025), $294.6 million (Q3 2025), and $280.6 million (Q2 2025), per Business Quant data.