Kingsoft Cloud Holdings Limited (KC)

Kingsoft Cloud Holdings Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Operating Revenue	9,559	7,785	7,046	8,177	9,057
Other Revenue	-	0.15	1.73	2.85	3.88
Revenue	9,559	7,785	7,047	8,180	9,061
Revenue Growth (YoY)	22.78%	10.47%	-13.85%	-9.72%	37.76%
Cost of Revenue	8,055	6,444	6,197	7,751	8,709
Gross Profit	1,503	1,341	850.17	429.54	351.29
Selling, General & Admin	1,466	1,314	1,520	1,710	1,120
Research & Development	810.3	845.99	784.81	971.22	1,044
Operating Expenses	2,276	2,160	2,305	2,681	2,164
Operating Income	-772.91	-819.29	-1,455	-2,251	-1,812
Interest Expense	-498.05	-229.71	-146.03	-137.81	-52.04
Interest & Investment Income	80.86	27.01	78.41	80.74	71.94
Currency Exchange Gain (Loss)	60.15	-21.95	-57.21	-334.63	37.82
Other Non Operating Income (Expenses)	182.06	-6.38	100.36	23.01	87.94
EBT Excluding Unusual Items	-947.9	-1,050	-1,479	-2,620	-1,667
Gain (Loss) on Sale of Investments	-	-10.53	-18.24	-15.29	92.86
Gain (Loss) on Sale of Assets	-	-	-	-	7.11
Asset Writedown	-	-919.72	-653.67	-	-
Other Unusual Items	-	-	-14.43	-28.52	-9.25
Pretax Income	-947.9	-1,981	-2,166	-2,664	-1,576
Income Tax Expense	-4.2	-1.52	17.96	24.47	15.74
Earnings From Continuing Operations	-943.69	-1,979	-2,184	-2,688	-1,592
Minority Interest in Earnings	7.44	12.36	7.31	30.2	3.04
Net Income	-936.25	-1,967	-2,176	-2,658	-1,589
Net Income to Common	-936.25	-1,967	-2,176	-2,658	-1,589
Shares Outstanding (Basic)	274	244	237	242	229
Shares Outstanding (Diluted)	274	244	237	242	229
Shares Change (YoY)	12.27%	2.80%	-1.81%	5.29%	43.35%
EPS (Basic)	-3.42	-8.06	-9.17	-11.00	-6.92
EPS (Diluted)	-3.45	-8.06	-9.17	-11.00	-6.92
Free Cash Flow	3,801	-3,044	-2,128	-1,230	-1,432
Free Cash Flow Per Share	13.88	-12.48	-8.97	-5.09	-6.24
Gross Margin	15.73%	17.22%	12.06%	5.25%	3.88%
Operating Margin	-8.09%	-10.52%	-20.64%	-27.52%	-20.00%
Profit Margin	-9.79%	-25.26%	-30.88%	-32.50%	-17.53%
Free Cash Flow Margin	39.77%	-39.09%	-30.19%	-15.03%	-15.81%
EBITDA	1,496	443.8	-514.4	-1,094	-956.79
EBITDA Margin	15.65%	5.70%	-7.30%	-13.37%	-10.56%
D&A For EBITDA	2,269	1,263	940.48	1,157	855.6
EBIT	-772.91	-819.29	-1,455	-2,251	-1,812
EBIT Margin	-8.09%	-10.52%	-20.64%	-27.52%	-20.00%
Revenue as Reported	9,559	7,785	7,047	8,180	9,061
Advertising Expenses	-	4.69	9.11	9.51	24.07

Updated Mar 25, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q