Kingsoft Cloud Holdings Limited (KC)

Kingsoft Cloud Holdings Cash Flow 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
Net Income	-	-1,979	-2,184	-2,688	-1,592
Depreciation & Amortization	-	1,263	940.48	1,157	855.6
Stock-Based Compensation	-	214.44	181.65	359.84	434.35
Other Adjustments	-	1,242	1,287	837.29	18.53
Change in Receivables	-	-219.1	375.24	827.59	-947.79
Changes in Accounts Payable	-	-187.88	-621.33	-585.42	593.41
Changes in Accrued Expenses	-	441	183.38	251.75	-91.02
Changes in Income Taxes Payable	-	5.26	8.52	-5.26	20.72
Changes in Other Operating Activities	-	-151.2	-340.23	34.17	-0.92
Operating Cash Flow	3,801	628.42	-169.07	188.97	-708.87
Operating Cash Flow Growth	504.86%	-	-	-	-
Capital Expenditures	-	-3,672	-1,959	-1,419	-723.29
Sale of Property, Plant & Equipment	-	0.26	12.31	34.64	8.32
Purchases of Intangible Assets	-	-11.12	-5.98	-18.77	-12.11
Purchases of Investments	-	-92.77	-562.22	-2,613	-2,621
Proceeds from Sale of Investments	-	-	1,833	4,043	2,784
Payments for Business Acquisitions	-	-	-	-157.48	139.35
Proceeds from Business Divestments	-	-	3.95	-2.58	-
Other Investing Activities	-	155.25	4.37	99.57	3.26
Investing Cash Flow	-4,530	-3,620	-673.19	-32.87	-421.62
Short-Term Debt Issued	-	2,466	1,164	936.66	1,540
Short-Term Debt Repaid	-	-1,318	-963	-1,375	-496.71
Net Short-Term Debt Issued (Repaid)	-	1,148	201.4	-438.67	1,043
Long-Term Debt Issued	-	3,538	1,000	300	1,192
Long-Term Debt Repaid	-	-1,079	-741.98	-755.72	-74.35
Net Long-Term Debt Issued (Repaid)	-	2,459	258.02	-455.72	1,118
Issuance of Common Stock	-	12.08	3.85	17.8	50.92
Repurchase of Common Stock	-	-	-	-208.39	-
Net Common Stock Issued (Repurchased)	-	12.08	3.85	-190.58	50.92
Other Financing Activities	-	-362.91	-691.12	-67.18	-
Financing Cash Flow	4,183	3,255	-227.85	-1,152	2,212
Effect of Exchange Rate Changes on Cash and Cash Equivalents	-67.15	-22.77	25.86	73.14	-50.05
Net Cash Flow	3,387	263.39	-1,070	-996.04	1,082
Free Cash Flow	3,801	-3,044	-2,128	-1,230	-1,432
FCF Margin	39.77%	-39.10%	-30.19%	-15.03%	-15.81%
Free Cash Flow Per Share	13.88	-12.48	-8.97	-5.09	-6.24
Levered Free Cash Flow	-936.25	-662.24	-3,505	-4,119	1,227
Unlevered Free Cash Flow	-776.34	-4,042	-3,879	-2,797	-1,140

Updated Mar 25, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q