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

Kingsoft Cloud Holdings (KCLHF) reported Net Margin of 6.87% for Q4 2025, up 245.0% on a YoY basis from 1.99% in Q4 2024, and down 1256.63% quarter-over-quarter from 0.51% in Q3 2025.

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

Kingsoft Cloud Holdings has reported Net Margin for 7 years, with the latest figure at 6.87% in Q4 2025.

  • For the quarter ending Q4 2025, Net Margin rose 245.0% year-over-year to 6.87%; the trailing twelve-month figure through Dec 2025 stood at 9.91% (up 1582.0% YoY), and the FY2025 full-year result was 9.79%, up 1547.0% from the prior year.
  • Net Margin for Q4 2025 stood at 6.87%, down from 0.51% in the prior quarter.
  • The five-year high for Net Margin was 0.51% in Q3 2025, with the low at 43908.52% in Q3 2022.
  • Historically, Net Margin has averaged 4315.46% across 5 years, with a median of 20.89% in 2022.
  • Annual changes were most pronounced in 2022 — Net Margin tumbled 4388747 bps — and 2023, when it surged 4383960 bps.
  • Kingsoft Cloud Holdings' Net Margin stood at 17.97% in 2021, then sank by 228 bps to 58.96% in 2022, then jumped by 72 bps to 16.58% in 2023, then surged by 44 bps to 9.32% in 2024, then rose by 26 bps to 6.87% in 2025.
  • The last three Net Margin figures came in at 6.87% (Q4 2025), 0.51% (Q3 2025), and 19.25% (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Sap Se 257.53 Bn 239.56 Bn 8.16 Bn 20.22%
2 Full Truck Alliance 171.61 Bn 169.06 Bn - -
3 Salesforce 152.15 Bn 140.31 Bn 8.56 Bn 18.74%
4 Uber Technologies 144.45 Bn 143.41 Bn 11.88 Bn 2.29%
5 Shopify 144.09 Bn 138.34 Bn 1.55 Bn -18.33%
6 ServiceNow 110.55 Bn 105.37 Bn 2.83 Bn 12.44%
7 Cadence Design Systems 106.32 Bn 104.91 Bn 1.26 Bn 22.77%
8 Adobe 97.77 Bn 90.88 Bn 5.73 Bn 29.52%
9 Automatic Data Processing 93.39 Bn 90.16 Bn 2.87 Bn 22.90%
10 Kingsoft Cloud Holdings - - 66.54 Mn -6.87%

Historic Data

Download Data
DateValue
Dec 31, 2025 -6.87%
Sep 30, 2025 -0.51%
Jun 30, 2025 -19.25%
Mar 31, 2025 -15.11%
Dec 31, 2024 -9.32%
Sep 30, 2024 -55.14%
Jun 30, 2024 -17.97%
Mar 31, 2024 -22.21%
Dec 31, 2023 -16.58%
Sep 30, 2023 -68.92%
Jun 30, 2023 -26.62%
Mar 31, 2023 -41,903.66%
Dec 31, 2022 -58.96%
Sep 30, 2022 -43,908.52%
Jun 30, 2022 -88.62%
Mar 31, 2022 -20.74%
Dec 31, 2021 -17.97%
Sep 30, 2021 -21.04%
Jun 30, 2021 -10.14%
Mar 31, 2021 -21.09%