Kingsoft Cloud Holdings Limited (HKG:3896)

Kingsoft Cloud Holdings Income Statement

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	10,292	9,559	7,785	7,047	8,180	9,061
Revenue Growth (YoY)	28.99%	22.78%	10.47%	-13.85%	-9.72%	37.76%
Cost of Revenue	8,762	8,055	6,444	6,197	7,751	8,710
Gross Profit	1,531	1,503	1,341	850.17	429.54	351.29
Selling, General & Admin	1,458	1,466	1,314	1,520	1,710	1,120
Research & Development	777.45	810.3	845.99	784.81	971.22	1,044
Other Operating Expenses	-	-	919.72	653.67	-	-
Operating Income	-704.82	-772.91	-1,739	-2,109	-2,251	-1,812
Interest Income	107.94	80.86	27.01	78.41	80.74	71.94
Interest Expense	-568.75	-498.05	-229.71	-146.03	-137.81	-52.04
Other Non-Operating Income (Expense)	185.96	242.21	-38.86	10.48	-355.43	216.48
Total Non-Operating Income (Expense)	-274.85	-174.98	-241.56	-57.14	-412.5	236.38
Pretax Income	-979.67	-947.9	-1,981	-2,166	-2,664	-1,576
Provision for Income Taxes	-8.36	-4.2	-1.52	17.96	24.47	15.74
Net Income	-966.15	-936.25	-1,967	-2,176	-2,658	-1,589
Minority Interest in Earnings	-5.16	-7.44	-12.36	-7.31	-30.2	-3.04
Net Income to Common	-966.15	-936.25	-1,967	-2,176	-2,658	-1,589
Shares Outstanding (Basic)	287	274	244	237	242	229
Shares Outstanding (Diluted)	287	274	244	237	242	229
Shares Change (YoY)	16.97%	12.27%	2.80%	-1.81%	5.29%	43.35%
EPS (Basic)	-3.45	-3.45	-8.10	-9.15	-10.95	-6.90
EPS (Diluted)	-3.45	-3.45	-8.10	-9.15	-10.95	-6.90
Shares Outstanding	299.37	298.66	245.85	237.47	233.89	243.09
Free Cash Flow	4,753	-941.34	-3,044	-2,128	-1,230	-1,432
Free Cash Flow Per Share	16.54	-3.44	-12.48	-8.97	-5.09	-6.24
Gross Margin	14.87%	15.73%	17.22%	12.06%	5.25%	3.88%
Operating Margin	-6.85%	-8.09%	-22.34%	-29.92%	-27.52%	-20.00%
Profit Margin	-9.44%	-9.87%	-25.42%	-30.98%	-32.86%	-17.57%
FCF Margin	46.18%	-9.85%	-39.10%	-30.19%	-15.03%	-15.81%
EBITDA	-704.82	1,707	-475.92	-1,168	-1,094	-956.79
EBITDA Margin	-6.85%	17.86%	-6.11%	-16.57%	-13.37%	-10.56%
EBIT	-704.82	-772.91	-1,739	-2,109	-2,251	-1,812
EBIT Margin	-6.85%	-8.09%	-22.34%	-29.92%	-27.52%	-20.00%
Effective Tax Rate	0.85%	0.44%	0.08%	-0.83%	-0.92%	-1.00%

Updated Mar 31, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.