Kingsoft Cloud Holdings Limited (KC)

Kingsoft Cloud Holdings Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	9,029	7,785	7,046	8,177	9,057	6,540
Other Revenue	-	0.15	1.73	2.85	3.88	37.77
Revenue	9,029	7,785	7,047	8,180	9,061	6,577
Revenue Growth (YoY)	24.11%	10.47%	-13.85%	-9.72%	37.76%	66.25%
Cost of Revenue	7,565	6,444	6,197	7,751	8,709	6,220
Gross Profit	1,464	1,341	850.17	429.54	351.29	356.98
Selling, General & Admin	1,420	1,314	1,520	1,710	1,120	789.1
Research & Development	794.25	845.99	784.81	971.22	1,044	775.13
Operating Expenses	2,214	2,160	2,305	2,681	2,164	1,564
Operating Income	-749.97	-819.29	-1,455	-2,251	-1,812	-1,207
Interest Expense	-406.45	-229.71	-146.03	-137.81	-52.04	-9.45
Interest & Investment Income	46	27.01	78.41	80.74	71.94	77.12
Currency Exchange Gain (Loss)	-58.11	-21.95	-57.21	-334.63	37.82	188.8
Other Non Operating Income (Expenses)	203.13	-6.38	100.36	23.01	87.94	-13.05
EBT Excluding Unusual Items	-965.41	-1,050	-1,479	-2,620	-1,667	-963.84
Gain (Loss) on Sale of Investments	-10.53	-10.53	-18.24	-15.29	92.86	14.3
Gain (Loss) on Sale of Assets	-	-	-	-	7.11	2.24
Asset Writedown	-	-919.72	-653.67	-	-	-
Other Unusual Items	-	-	-14.43	-28.52	-9.25	-
Pretax Income	-975.93	-1,981	-2,166	-2,664	-1,576	-947.29
Income Tax Expense	5.53	-1.52	17.96	24.47	15.74	14.9
Earnings From Continuing Operations	-981.46	-1,979	-2,184	-2,688	-1,592	-962.2
Minority Interest in Earnings	8.49	12.36	7.31	30.2	3.04	-0.06
Net Income	-972.97	-1,967	-2,176	-2,658	-1,589	-962.26
Preferred Dividends & Other Adjustments	-	-	-	-	-	19.77
Net Income to Common	-972.97	-1,967	-2,176	-2,658	-1,589	-982.03
Shares Outstanding (Basic)	260	244	237	242	229	160
Shares Outstanding (Diluted)	260	244	237	242	229	160
Shares Change (YoY)	7.52%	2.80%	-1.81%	5.29%	43.35%	169.91%
EPS (Basic)	-3.74	-8.06	-9.17	-11.00	-6.92	-6.14
EPS (Diluted)	-3.74	-8.06	-9.17	-11.00	-6.92	-6.14
Free Cash Flow	-343.45	-3,044	-2,128	-1,230	-1,432	-1,850
Free Cash Flow Per Share	-1.32	-12.48	-8.97	-5.09	-6.24	-11.56
Gross Margin	16.21%	17.22%	12.06%	5.25%	3.88%	5.43%
Operating Margin	-8.31%	-10.52%	-20.64%	-27.52%	-20.00%	-18.36%
Profit Margin	-10.78%	-25.26%	-30.88%	-32.50%	-17.53%	-14.93%
Free Cash Flow Margin	-3.80%	-39.09%	-30.19%	-15.03%	-15.81%	-28.13%
EBITDA	1,812	443.8	-514.4	-1,094	-956.79	-449.21
EBITDA Margin	20.07%	5.70%	-7.30%	-13.37%	-10.56%	-6.83%
D&A For EBITDA	2,562	1,263	940.48	1,157	855.6	758.04
EBIT	-749.97	-819.29	-1,455	-2,251	-1,812	-1,207
EBIT Margin	-8.31%	-10.52%	-20.64%	-27.52%	-20.00%	-18.36%
Revenue as Reported	9,029	7,785	7,047	8,180	9,061	6,577
Advertising Expenses	-	4.69	9.11	9.51	24.07	15.35

Updated Nov 19, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q