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Kingsoft Cloud Holdings Limited logo

Kingsoft Cloud Holdings Limited

KC

NASDAQTechnologySoftware - Application

Open in GoAI

Previous close

$11.14

−$0.28 · -2.45%

Aug 21, 4:00 PM ET

Pre-market

$10.86

−$0.28 · -2.51%

Aug 24, 7:01 AM ET

KC company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

73

Undervalued

Momentum

30

Weakening

Sentiment

55

Mixed

Risk resilience

30

High Risk

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AI-generated, informational only, and not investment advice.

Company profile

Company website

Kingsoft Cloud Holdings Limited provides cloud services to businesses and organizations primarily in China. The company’s product portfolio includes cloud products, such as infrastructure as a service (IaaS) infrastructure, platform as a service (PaaS) middleware, and software as a service (SaaS) applications that primarily consist of cloud computing, network, containers, database, big data, security, storage, and delivery solutions. It offers research and development services, as well as enterprise digital solutions and related services. The company also provides public cloud services to customers in various verticals, including video, e-commerce, intelligent mobility, artificial intelligence, and mobile internet; and enterprise cloud services to customers in financial services, public service, and healthcare businesses. Kingsoft Cloud Holdings Limited was incorporated in 2012 and is headquartered in Beijing, China.

Industry
Software - Application
Sector
Technology
Headquarters
CN
CEO
Tao Zou
Listed since
May 8, 2020
Employees
15,225

Market position

Day range

Current $11.14

52-week range

Current $11.14

Open
$11.45
Previous close
$11.42
Volume
756.7K
0.5× average
Average volume
1.5M
Average daily volume
Market cap
3.3B USD
Beta
1.98
Market reference 1
50-day average
$10.4904
+6.19% above average
200-day average
$12.5661
-11.35% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
20.14B CNY
P/E (TTM)
-36.51×
P/B (TTM)
2.52×
P/S (TTM)
2.01×
EV / EBITDA
9.92×
Earnings yield
-4.73%
Free cash flow yield
-4.75%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
15.05%
Operating margin
-0.99%
Net margin
-5.46%
Return on equity
-10.04%
Return on assets
-3.50%
Return on invested capital
-2.54%

Financial health

Debt / equity
0.77×
Current ratio
1.17×
Altman Z-score
0.25
Piotroski F-score
4 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends22%2%-18%-37%Gross margin, FY2021: 3.88%Gross margin, FY2022: 5.25%Gross margin, FY2023: 12.06%Gross margin, FY2024: 17.22%Gross margin, FY2025: 15.73%Operating margin, FY2021: -19.03%Operating margin, FY2022: -27.24%Operating margin, FY2023: -19.22%Operating margin, FY2024: -10.61%Operating margin, FY2025: -5.52%Net margin, FY2021: -17.53%Net margin, FY2022: -32.50%Net margin, FY2023: -30.88%Net margin, FY2024: -25.26%Net margin, FY2025: -9.79%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 3.88%. Gross margin FY2022 5.25%. Gross margin FY2023 12.06%. Gross margin FY2024 17.22%. Gross margin FY2025 15.73%. Operating margin FY2021 -19.03%. Operating margin FY2022 -27.24%. Operating margin FY2023 -19.22%. Operating margin FY2024 -10.61%. Operating margin FY2025 -5.52%. Net margin FY2021 -17.53%. Net margin FY2022 -32.50%. Net margin FY2023 -30.88%. Net margin FY2024 -25.26%. Net margin FY2025 -9.79%.

Income trends

Revenue

9.56B CNY+22.78%

Operating income

−527.37M CNY+36.13%

Net income

−936.25M CNY+52.39%
Income trends across reported periods10.78B CNY5.89B CNY1.01B CNY−3.88B CNYRevenue, FY2021: 9.06B CNYRevenue, FY2022: 8.18B CNYRevenue, FY2023: 7.05B CNYRevenue, FY2024: 7.79B CNYRevenue, FY2025: 9.56B CNYOperating income, FY2021: −1.72B CNYOperating income, FY2022: −2.23B CNYOperating income, FY2023: −1.35B CNYOperating income, FY2024: −825.67M CNYOperating income, FY2025: −527.37M CNYNet income, FY2021: −1.59B CNYNet income, FY2022: −2.66B CNYNet income, FY2023: −2.18B CNYNet income, FY2024: −1.97B CNYNet income, FY2025: −936.25M CNYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 9.06B CNY. Revenue FY2022 8.18B CNY. Revenue FY2023 7.05B CNY. Revenue FY2024 7.79B CNY. Revenue FY2025 9.56B CNY. Operating income FY2021 −1.72B CNY. Operating income FY2022 −2.23B CNY. Operating income FY2023 −1.35B CNY. Operating income FY2024 −825.67M CNY. Operating income FY2025 −527.37M CNY. Net income FY2021 −1.59B CNY. Net income FY2022 −2.66B CNY. Net income FY2023 −2.18B CNY. Net income FY2024 −1.97B CNY. Net income FY2025 −936.25M CNY.
Metric (CNY)FY2025FY2024FY2023FY2022FY2021
Revenue9.56B CNY7.79B CNY7.05B CNY8.18B CNY9.06B CNY
Cost of goods sold8.06B CNY6.44B CNY6.2B CNY7.75B CNY8.71B CNY
Gross profit1.5B CNY1.34B CNY850.17M CNY429.54M CNY351.29M CNY
Research and development810.3M CNY845.99M CNY784.81M CNY971.22M CNY1.04B CNY
Selling, general, and administrative1.12B CNY854.06M CNY863.73M CNY1.21B CNY1.01B CNY
Operating expenses2.03B CNY2.17B CNY2.2B CNY2.66B CNY2.08B CNY
Interest income78.66M CNY27.39M CNY78.4M CNY82.16M CNY71.01M CNY
Interest expense484.48M CNY232.96M CNY146.01M CNY140.23M CNY51.37M CNY
Depreciation and amortization2.48B CNY1.26B CNY940.48M CNY1.16B CNY855.6M CNY
Operating income−527.37M CNY−825.67M CNY−1.35B CNY−2.23B CNY−1.72B CNY
Net income−936.25M CNY−1.97B CNY−2.18B CNY−2.66B CNY−1.59B CNY

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
55%
6 beats, 5 misses, 0 met estimates
Average EPS surprise
-9.47%
11 comparable reports
Latest EPS result
-0.03
Estimate -0.07 · Beat by 57.14%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.06-0.05-0.16-0.28Q1 '25BeatQ2 '25MissQ3 '25MissQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Mar 19, 2025: actual -0.04, estimate -0.11, surprise +63.64%, Beat. Q2 2025, reported May 28, 2025: actual -0.1, estimate -0.09, surprise -11.11%, Miss. Q3 2025, reported Aug 20, 2025: actual -0.236, estimate -0.134, surprise -76.94%, Miss. Q4 2025, reported Nov 19, 2025: actual 0.02, estimate -0.12, surprise +116.70%, Beat. Q1 2026, reported Mar 25, 2026: actual -0.05, estimate -0.085, surprise +41.40%, Beat. Q2 2026, reported May 27, 2026: actual -0.1, estimate -0.114, surprise +12.60%, Beat. Q3 2026, reported Aug 19, 2026: actual -0.03, estimate -0.07, surprise +57.14%, Beat. Q4 2026, reported Nov 18, 2026: actual —, estimate -0.05, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates512.42M425.5M338.59M251.68MQ1 '25BeatQ2 '25MissQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Mar 19, 2025: actual 305.71M USD, estimate 286.74M USD, surprise +6.62%, Beat. Q2 2025, reported May 28, 2025: actual 271.38M USD, estimate 303.27M USD, surprise -10.52%, Miss. Q3 2025, reported Aug 20, 2025: actual 327.83M USD, estimate 308.09M USD, surprise +6.41%, Beat. Q4 2025, reported Nov 19, 2025: actual 347.99M USD, estimate 344.38M USD, surprise +1.05%, Beat. Q1 2026, reported Mar 25, 2026: actual 394.77M USD, estimate 390.59M USD, surprise +1.07%, Beat. Q2 2026, reported May 27, 2026: actual 391.85M USD, estimate 372.78M USD, surprise +5.12%, Beat. Q3 2026, reported Aug 19, 2026: actual 452.13M USD, estimate 446.34M USD, surprise +1.30%, Beat. Q4 2026, reported Nov 18, 2026: actual —, estimate 492.71M USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$16.00

43.63% upside
Past 12 months12-month forecastHigh $17.00Average $16.00Low $15.00

Rating distribution

10 ratings
Strong buy00%
Buy770%
Hold330%
Sell00%
Strong sell00%

Recent analyst actions

7 institutions
UBSupgradeNeutralBuy
NomuraupgradeNeutralBuy
B of A SecuritiesmaintainNeutral
CitigroupupgradeNeutralBuy
CLSAupgradeUnderperformOutperform
JP MorganupgradeNeutralOverweight

KC news

zacks.com

Wall Street Analysts Believe Kingsoft Cloud (KC) Could Rally 60.25%: Here's is How to Trade

The consensus price target hints at a 60.3% upside potential for Kingsoft Cloud (KC). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could…

Read source
seekingalpha.com

Kingsoft Cloud Holdings Limited (KC) Q2 2026 Earnings Call Transcript

Kingsoft Cloud Holdings Limited (KC) Q2 2026 Earnings Call Transcript

Read source
fool.com

Why Kingsoft Cloud Stock Is Soaring Today

Kingsoft Cloud's Q2 sales and earnings results topped expectations. The company recorded meaningful gross margin improvement in the quarter.

Read source
marketbeat.com

Kingsoft Cloud Q2 Earnings Call Highlights

Kingsoft Cloud NASDAQ: KC reported record second-quarter revenue as demand for artificial intelligence cloud services accelerated, while the company said adjusted operating profit turned positive for the first time.

Read source
seekingalpha.com

Kingsoft Cloud Q2: Xiaomi Will Be The Partnership To Boost The Company Forward

Kingsoft Cloud Holdings Limited delivered a strong Q2 '26, with revenues up 30.8% y/y and significant margin improvement, reversing Q1's weakness. KC's AI cloud services, driven by a Xiaomi partnership, saw gross…

Read source
prnewswire.com

Kingsoft Cloud Announces Unaudited Second Quarter 2026 Financial Results

BEIJING, Aug. 19, 2026 /PRNewswire/ -- Kingsoft Cloud Holdings Limited ("Kingsoft Cloud" or the "Company") (NASDAQ: KC and HKEX: 3896), a leading cloud service provider in China, today announced its unaudited financial…

Read source

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ETFs holding KC

Funds reporting this stock among their holdings, ordered by reported position size.

Defiance Space and Connective Tech ETF logoDefiance Space and Connective Tech ETFUFOX
Market value
7.05M
Weight
0.81%
AUM
870.41M USD
Expense ratio
0.30%
Price / 1D
$82.904+0.49%
EMQQ The Emerging Markets Internet ETF logoEMQQ The Emerging Markets Internet ETFEMQQ
Market value
3.6M
Weight
0.42%
AUM
273.19M USD
Expense ratio
0.86%
Price / 1D
$34.205+0.16%
Inspire Fidelis Multi Factor ETF logoInspire Fidelis Multi Factor ETFFDLS
Market value
2.54M
Weight
1.04%
AUM
246.97M USD
Expense ratio
0.66%
Price / 1D
$43.32+1.00%
State Street SPDR S&P Kensho New Economies Composite ETF logoState Street SPDR S&P Kensho New Economies Composite ETFKOMP
Market value
1.31M
Weight
0.05%
AUM
2.71B USD
Expense ratio
0.20%
Price / 1D
$69.24+0.92%
Global X - Cloud Computing ETF logoGlobal X - Cloud Computing ETFCLOU
Market value
592.58K
Weight
0.16%
AUM
372.38M USD
Expense ratio
0.68%
Price / 1D
$28.05+1.37%
AAM Transformers ETF logoAAM Transformers ETFTRFM
Market value
512.42K
Weight
0.19%
AUM
107.86M USD
Expense ratio
0.49%
Price / 1D
$60.08+0.60%
State Street SPDR Portfolio MSCI Global Stock Market ETF logoState Street SPDR Portfolio MSCI Global Stock Market ETFSPGM
Market value
173.64K
Weight
0.01%
AUM
1.74B USD
Expense ratio
0.09%
Price / 1D
$87.80+0.55%
Invesco Golden Dragon China ETF logoInvesco Golden Dragon China ETFPGJ
Market value
154.22K
Weight
0.17%
AUM
92.77M USD
Expense ratio
0.70%
Price / 1D
$24.32+0.25%

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