KC
Kingsoft Cloud Holdings Limited
KC lost money over the past year, so it has no meaningful PE right now. Analysts expect losses to shrink, though they disagree widely on how much.
KC Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Stable | |
| Stable | |
| Strong |
KC's revenue and balance sheet are currently strong, and its profitability and cash flow are stable.
KC PE Valuation
KC has no meaningful PE right now: it lost money over the past year.
KC Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Low |
Analysts expect KC's losses to shrink, with revenue growing. However, they disagree widely on these estimates.
KC Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q2 2026 | -$0.31 | +$0.92 |
| Q1 2026 | -$0.53 | +$0.65 |
| Q4 2025 | -$0.54 | +$0.67 |
| Q3 2025 | -$0.58 | +$0.69 |
| Q2 2025 | -$1.23 | -$0.11 |
| Q1 2025 | -$1.18 | +$0.04 |
| Q4 2024 | -$1.21 | +$0.17 |
| Q3 2024 | -$1.27 | -$0.04 |
KC is still losing money, but far less than before: $0.31 per share over the past year, against $3.31 at its worst in early 2020.
KC Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $459.7M | +30% |
| Q1 2026 | $405.8M | +37% |
| Q4 2025 | $414.4M | +24% |
| Q3 2025 | $371.9M | +31% |
| Q2 2025 | $352.6M | +24% |
| Q1 2025 | $295.6M | +11% |
| Q4 2024 | $335M | +30% |
| Q3 2024 | $283M | +16% |
KC's revenue has grown year over year for nine quarters in a row: $460M last quarter, up 30% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 0.8% | +15 points |
| Q1 2026 | -6.1% | +5.8 points |
| Q4 2025 | 6.5% | +8.7 points |
| Q3 2025 | -5.9% | +6 points |
| Q2 2025 | -14% | +0.8 points |
| Q1 2025 | -12% | +3.5 points |
| Q4 2024 | -2.2% | +18 points |
| Q3 2024 | -12% | +38 points |
KC's operating margin was 0.8% last quarter, up 15 points from the same quarter a year ago, near the top of its range since 2019.
KC Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | $427.8M | +95% |
| Q1 2026 | $80.1M | +$142.9M |
| Q4 2025 | -$555.2M | -749% |
| Q3 2025 | $257.6M | +652% |
| Q2 2025 | $219.1M | +866% |
| Q1 2025 | -$62.8M | -$14.6M |
| Q4 2024 | $85.6M | +$377M |
| Q3 2024 | $34.3M | +1021% |
KC generated $210M in free cash flow over the past year, down 24% from the year before.
KC Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -1.2% | -3.6M shares |
| 1 year | +21% | +51.6M shares |
| 3 years | +26% | +62.4M shares |
| 5 years | +34% | +75.6M shares |
| Available history | +401% | +240M shares |
KC has 300M diluted shares, up 21% from a year ago.
| Quarter | Spent |
|---|---|
| Q2 2026 | — |
| Q1 2026 | — |
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | — |
| Q3 2024 | — |
KC hasn't bought back shares in the past year.
KC Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | 0.5x | Very low |
| Q1 2026 | 0.7x | Very low |
| Q4 2025 | 0.2x | Very low |
KC's net debt is less than a year of its operating earnings (EBITDA).
KC Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 37.3 | Neutral |
| Stochastic | 8.2 | Oversold |
KC's weekly RSI is 37 (neutral) and its Stochastic is 8 (oversold).
KC PE vs Technology Sector
KC has no meaningful PE right now: it lost money over the past year.
KC Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $8.63 | 8.9% below |
| 20 week MA | $9.79 | 20% below |
| 50 week MA | $11.7 | 33% below |
| 100 week MA | $12.7 | 38% below |
| 200 week MA | $8.48 | 7.3% below |
KC is in a downtrend: it's below all five of its weekly moving averages, and 7.3% below its 200-week average.
KC Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $23.8 | $45.3 | +90% |
| 2021 | $45.3 | $15.5 | -66% |
| 2022 | $15.5 | $3.45 | -78% |
| 2023 | $3.45 | $3.78 | +9.6% |
| 2024 | $3.78 | $12.6 | +233% |
| 2025 | $12.6 | $10.7 | -15% |
| 2026 YTD | $10.7 | $7.86 | -27% |
KC's yearly returns have swung widely, from +233% in 2024 to −78% in 2022. It's down 27% so far in 2026.