Kingsoft Cloud Holdings Limited
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Revenue | $1.37B | $1.07B | $992.6M | $1.19B | $1.42B | $1.01B |
| Cost of Revenue | $1.15B | $882.9M | $872.9M | $1.12B | $1.37B | $953.3M |
| Gross Profit | $215.0M | $183.7M | $119.7M | $62.3M | $55.1M | $54.7M |
| Gross Margin | 15.7% | 17.2% | 12.1% | 5.3% | 3.9% | 5.4% |
| Operating Expenses | ||||||
| Research & Development | $115.9M | $115.9M | $110.5M | $140.8M | $163.8M | $118.8M |
| SG&A Expense | $130.8M | $114.4M | $149.3M | $166.7M | $94.4M | $58.2M |
| Operating Income | $-110.5M | $-238.2M | $-297.0M | $-326.4M | $-284.4M | $-185.0M |
| Operating Margin | -8.1% | -22.3% | -29.9% | -27.5% | -20.0% | -18.4% |
| Interest Expense | — | — | $20.6M | $20.0M | $8.2M | $1.4M |
| Pretax Income | $-135.5M | $-271.3M | $-305.0M | $-386.2M | $-247.3M | $-145.2M |
| Income Tax Expense | $-601.0K | $-209.0K | $2.5M | $3.5M | $2.5M | $2.3M |
| Net Income | $-133.9M | $-269.4M | $-306.5M | $-385.4M | $-249.3M | $-147.5M |
| Net Margin | -9.8% | -25.3% | -30.9% | -32.5% | -17.5% | -14.6% |
| EPS (Basic) | $-0.03 | $-0.07 | $-0.09 | $-0.11 | $-0.07 | $-0.41 |
| EPS (Diluted) | $-0.03 | $-0.07 | $-0.09 | $-0.11 | $-0.07 | $-0.41 |
| Shares Outstanding (Basic) | 4.11B | 3.66B | 3.56B | 3.62B | 3.44B | 2.40B |
| Shares Outstanding (Diluted) | 4.11B | 3.66B | 3.56B | 3.62B | 3.44B | 2.40B |
| Dividends Per Share | — | — | — | — | — | — |