Kingsoft Cloud Holdings (KCLHF) EBITDA Margin (2019 - 2025)

Kingsoft Cloud Holdings (KCLHF) reported EBITDA Margin of 8.47% for Q4 2025, down 412.0% on a YoY basis from 2.71% in Q4 2024, and down 84.0% quarter-over-quarter from 4.6% in Q3 2025.

Kingsoft Cloud Holdings (KCLHF) EBITDA Margin (2019 - 2025) Analysis & Trends

Kingsoft Cloud Holdings has reported EBITDA Margin for 7 years, with the latest figure at 8.47% in Q4 2025.

  • For the quarter ending Q4 2025, EBITDA Margin fell 412.0% year-over-year to 8.47%; the trailing twelve-month figure through Dec 2025 stood at 11.15% (up 1445.0% YoY), and the FY2025 full-year result was 11.12%, up 1415.0% from the prior year.
  • EBITDA Margin for Q4 2025 stood at 8.47%, down from 4.6% in the prior quarter.
  • The five-year high for EBITDA Margin was 4.34% in Q4 2024, with the low at 62.23% in Q3 2024.
  • Historically, EBITDA Margin has averaged 22.23% across 5 years, with a median of 19.29% in 2021.
  • Annual changes were most pronounced in 2023 — EBITDA Margin sank 3131 bps — and 2025, when it soared 5763 bps.
  • Kingsoft Cloud Holdings' EBITDA Margin stood at 22.61% in 2021, then tumbled by 37 bps to 30.86% in 2022, then surged by 33 bps to 20.58% in 2023, then surged by 79 bps to 4.34% in 2024, then tumbled by 95 bps to 8.47% in 2025.
  • The last three EBITDA Margin figures came in at 8.47% (Q4 2025), 4.6% (Q3 2025), and 17.61% (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA Margin (Qtr)
1 Sap Se 257.53 Bn 239.56 Bn 8.16 Bn 28.69%
2 Full Truck Alliance 171.61 Bn 169.06 Bn - -
3 Salesforce 152.15 Bn 140.31 Bn 8.56 Bn 21.08%
4 Uber Technologies 144.45 Bn 143.41 Bn 11.88 Bn 14.56%
5 Shopify 144.09 Bn 138.34 Bn 1.55 Bn -18.49%
6 ServiceNow 110.55 Bn 105.37 Bn 2.83 Bn 12.12%
7 Cadence Design Systems 106.32 Bn 104.91 Bn 1.26 Bn 29.26%
8 Adobe 97.77 Bn 90.88 Bn 5.73 Bn 37.79%
9 Automatic Data Processing 93.39 Bn 90.16 Bn 2.87 Bn -22.99%
10 Kingsoft Cloud Holdings - - 66.54 Mn -8.47%

Historic Data

Download Data
DateValue
Dec 31, 2025 -8.47%
Sep 30, 2025 -4.60%
Jun 30, 2025 -17.61%
Mar 31, 2025 -15.65%
Dec 31, 2024 -4.34%
Sep 30, 2024 -62.23%
Jun 30, 2024 -18.73%
Mar 31, 2024 -19.31%
Dec 31, 2023 -20.58%
Sep 30, 2023 -50.98%
Jun 30, 2023 -14.15%
Mar 31, 2023 -34.26%
Dec 31, 2022 -30.86%
Sep 30, 2022 -19.67%
Jun 30, 2022 -21.93%
Mar 31, 2022 -25.97%
Dec 31, 2021 -22.61%
Sep 30, 2021 -19.27%
Jun 30, 2021 -16.26%
Mar 31, 2021 -17.17%