Kingsoft Cloud Holdings Ltd Financial Summary

Quick Answer

Kingsoft Cloud Holdings Ltd reported Total Revenue of $7.79 billion for fiscal year 2024.

Kingsoft Cloud Holdings Ltd — Key Financials by Year

Metric 2024 2023 2022 2021 2020 2019
Total Revenue $7.79B
+10.5%
$7.05B
-13.8%
$8.18B
-9.7%
$9.06B
+37.8%
$6.58B
+66.2%
$3.96B
+78.4%
Net Income -$1.97B
+9.6%
-$2.18B
+18.1%
-$2.66B
-67.3%
-$1.59B
-65.1%
-$962.26M
+13.4%
-$1.11B
-10.4%
Diluted EPS -$0.54
+11.5%
-$0.61
+16.4%
-$0.73
-58.7%
-$0.46
-12.2%
-$0.41
Total Assets $2.41B
-84.0%
$15.07B
-13.0%
$17.32B
-17.8%
$21.08B
+76.7%
$11.93B
+97.8%
$6.03B
Cash and Equivalents $362.88M
-83.9%
$2.26B
-34.0%
$3.42B
-18.9%
$4.22B
+23.2%
$3.42B
+69.3%
$2.02B
+34.3%
Long-Term Debt $227.50M
+127.5%
$100.00M $74.35M
Stockholders Equity $708.02M
-89.7%
$6.89B
-21.7%
$8.80B
-17.0%
$10.60B
+28.7%
$8.24B
+296.3%
-$4.20B
-29.4%
R&D Expense $845.99M
+7.8%
$784.81M
-19.2%
$971.22M
-7.0%
$1.04B
+34.7%
$775.13M
+30.2%
$595.17M
+35.1%
Operating Income -$238.24M
+88.7%
-$2.11B
+6.3%
-$2.25B
-24.2%
-$1.81B
-50.1%
-$1.21B
-5.6%
-$1.14B
-16.8%
Gross Profit $1.34B
+57.7%
$850.17M
+97.9%
$429.54M
+22.3%
$351.29M
-1.6%
$356.98M
+4530.7%
$7.71M
+103.8%
Shares Outstanding 3.69B
+3.5%
3.56B
+1.5%
3.51B
-3.8%
3.65B
+9.2%
3.34B
+273.3%
894.71M
  • Kingsoft Cloud Holdings Ltd reported Total Revenue of $7.79 billion for fiscal year 2024.
  • Kingsoft Cloud Holdings Ltd showed an increase of +10.5% in Total Revenue compared to the prior fiscal year.
  • Kingsoft Cloud Holdings Ltd reported Net Income of -$1.97 billion for fiscal year 2024.
  • Kingsoft Cloud Holdings Ltd showed an increase of +9.6% in Net Income compared to the prior fiscal year.
  • Kingsoft Cloud Holdings Ltd reported Diluted EPS of $0.54 per share (loss) for fiscal year 2024.
  • Kingsoft Cloud Holdings Ltd showed an increase of +11.5% in Diluted EPS compared to the prior fiscal year.
  • Kingsoft Cloud Holdings Ltd reported Total Assets of $2.41 billion for fiscal year 2024.
  • Kingsoft Cloud Holdings Ltd showed a decrease of -84.0% in Total Assets compared to the prior fiscal year.
  • Kingsoft Cloud Holdings Ltd reported Cash and Equivalents of $362.88 million for fiscal year 2024.
  • Kingsoft Cloud Holdings Ltd showed a decrease of -83.9% in Cash and Equivalents compared to the prior fiscal year.
  • Kingsoft Cloud Holdings Ltd reported Long-Term Debt of $227.50 million for fiscal year 2024.
  • Kingsoft Cloud Holdings Ltd showed an increase of +127.5% in Long-Term Debt compared to the prior fiscal year.
  • Kingsoft Cloud Holdings Ltd reported Stockholders Equity of $708.02 million for fiscal year 2024.
  • Kingsoft Cloud Holdings Ltd showed a decrease of -89.7% in Stockholders Equity compared to the prior fiscal year.
  • Kingsoft Cloud Holdings Ltd reported R&D Expense of $845.99 million for fiscal year 2024.
  • Kingsoft Cloud Holdings Ltd showed an increase of +7.8% in R&D Expense compared to the prior fiscal year.
  • Kingsoft Cloud Holdings Ltd reported Operating Income of -$238.24 million for fiscal year 2024.
  • Kingsoft Cloud Holdings Ltd showed an increase of +88.7% in Operating Income compared to the prior fiscal year.
  • Kingsoft Cloud Holdings Ltd reported Gross Profit of $1.34 billion for fiscal year 2024.
  • Kingsoft Cloud Holdings Ltd showed an increase of +57.7% in Gross Profit compared to the prior fiscal year.
  • Kingsoft Cloud Holdings Ltd reported Shares Outstanding of 3.69 billion shares for fiscal year 2024.
  • Kingsoft Cloud Holdings Ltd showed an increase of +3.5% in Shares Outstanding compared to the prior fiscal year.
  • All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.

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