Kingsoft Cloud Holdings (KCLHF) FCF Margin (2019 - 2025)
Kingsoft Cloud Holdings (KCLHF) reported FCF Margin of 37.76% for Q4 2025, up 1221.0% on a YoY basis from 2.86% in Q4 2024, and down 45.5% quarter-over-quarter from 69.28% in Q3 2025.
Kingsoft Cloud Holdings (KCLHF) FCF Margin (2019 - 2025) Analysis & Trends
Kingsoft Cloud Holdings has reported FCF Margin for 7 years, with the latest figure at 37.76% in Q4 2025.
- For the quarter ending Q4 2025, FCF Margin rose 1221.0% year-over-year to 37.76%; the trailing twelve-month figure through Dec 2025 stood at 39.96% (up 3191.0% YoY), and the FY2025 full-year result was 36.41%, up 7614.0% from the prior year.
- FCF Margin for Q4 2025 stood at 37.76%, down from 69.28% in the prior quarter.
- The five-year high for FCF Margin was 69.28% in Q3 2025, with the low at 29.15% in Q2 2022.
- Historically, FCF Margin has averaged 5.76% across 5 years, with a median of 1.11% in 2023.
- Annual changes were most pronounced in 2021 — FCF Margin plunged 2494 bps — and 2025, when it soared 5716 bps.
- Kingsoft Cloud Holdings' FCF Margin stood at 11.6% in 2021, then soared by 274 bps to 20.18% in 2022, then sank by 95 bps to 0.97% in 2023, then soared by 2521 bps to 25.55% in 2024, then jumped by 48 bps to 37.76% in 2025.
- The last three FCF Margin figures came in at 37.76% (Q4 2025), 69.28% (Q3 2025), and 62.15% (Q2 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 257.53 Bn | 239.56 Bn | 8.16 Bn | 36.77% |
| 2 | Full Truck Alliance | 171.61 Bn | 169.06 Bn | - | - |
| 3 | Salesforce | 152.15 Bn | 140.31 Bn | 8.56 Bn | 58.89% |
| 4 | Uber Technologies | 144.45 Bn | 143.41 Bn | 11.88 Bn | 17.31% |
| 5 | Shopify | 144.09 Bn | 138.34 Bn | 1.55 Bn | 15.02% |
| 6 | ServiceNow | 110.55 Bn | 105.37 Bn | 2.83 Bn | 41.64% |
| 7 | Cadence Design Systems | 106.32 Bn | 104.91 Bn | 1.26 Bn | 20.82% |
| 8 | Adobe | 97.77 Bn | 90.88 Bn | 5.73 Bn | 45.65% |
| 9 | Automatic Data Processing | 93.39 Bn | 90.16 Bn | 2.87 Bn | 36.83% |
| 10 | Kingsoft Cloud Holdings | - | - | 66.54 Mn | 37.76% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 37.76% |
| Sep 30, 2025 | 69.28% |
| Jun 30, 2025 | 62.15% |
| Mar 31, 2025 | -21.24% |
| Dec 31, 2024 | 25.55% |
| Sep 30, 2024 | 12.11% |
| Jun 30, 2024 | 7.99% |
| Mar 31, 2024 | -18.10% |
| Dec 31, 2023 | 0.97% |
| Sep 30, 2023 | 1.25% |
| Jun 30, 2023 | 3.55% |
| Mar 31, 2023 | -14.56% |
| Dec 31, 2022 | 20.18% |
| Sep 30, 2022 | 9.48% |
| Jun 30, 2022 | -29.15% |
| Mar 31, 2022 | -0.23% |
| Dec 31, 2021 | -11.60% |
| Sep 30, 2021 | 0.58% |
| Jun 30, 2021 | -25.11% |
| Mar 31, 2021 | -15.59% |