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Kingsoft Cloud (KC) Revenue & Revenue Breakdown

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Kingsoft Cloud Revenue Highlights

Latest Revenue (Y)

$7.05B

Latest Revenue (Q)

$1.78B

Main Segment (Y)

Enterprise Cloud Services

Kingsoft Cloud Revenue by Period

Kingsoft Cloud Revenue by Year

DateRevenueChange
2023-12-31$7.05B-13.85%
2022-12-31$8.18B-9.72%
2021-12-31$9.06B37.76%
2020-12-31$6.58B66.25%
2019-12-31$3.96B78.36%
2018-12-31$2.22B79.47%
2017-12-31$1.24B-

Kingsoft Cloud generated $7.05B in revenue during NA 2023, up -13.85% compared to the previous quarter, and up 317.71% compared to the same period a year ago.

Kingsoft Cloud Revenue by Quarter

DateRevenueChange
2024-03-31$1.78B3.09%
2023-12-31$1.72B5.98%
2023-09-30$1.63B-11.45%
2023-06-30$1.84B-1.56%
2023-03-31$1.86B-12.51%
2022-12-31$2.13B8.24%
2022-09-30$1.97B3.27%
2022-06-30$1.91B-12.30%
2022-03-31$2.17B-18.27%
2021-12-31$2.66B10.19%
2021-09-30$2.41B11.05%
2021-06-30$2.17B19.86%
2021-03-31$1.81B-5.68%
2020-12-31$1.92B11.22%
2020-09-30$1.73B12.65%
2020-06-30$1.53B10.34%
2020-03-31$1.39B18.52%
2019-12-31$1.17B17.15%
2019-09-30$1.00B7.13%
2019-06-30$935.12M10.56%
2019-03-31$845.80M-

Kingsoft Cloud generated $1.78B in revenue during Q1 2024, up 3.09% compared to the previous quarter, and up 83.33% compared to the same period a year ago.

Kingsoft Cloud Revenue Breakdown

Kingsoft Cloud Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21Dec 20
Enterprise Cloud Services$2.66B$2.82B$2.90B$1.37B
Other Services$1.73M$2.85M$3.88M$37.77M
Public cloud service--$6.16B$5.17B

Kingsoft Cloud's latest annual revenue breakdown by segment (product or service), as of Dec 23: Enterprise Cloud Services (99.94%), and Other Services (0.06%).

Quarterly Revenue by Product

Product/ServiceDec 22Sep 22
Enterprise Cloud Services$785.92M$621.98M
Other Services$802.00K$774.00K
Public cloud service-$1.35B

Kingsoft Cloud's latest quarterly revenue breakdown by segment (product or service), as of Dec 22: Enterprise Cloud Services (99.90%), and Other Services (0.10%).

Kingsoft Cloud Revenue Breakdown by Country

Quarterly Revenue by Country

CountryDec 22Sep 22
Enterprise Cloud Services$785.92M$621.98M
Other Services$802.00K$774.00K
Public cloud service-$1.35B

Kingsoft Cloud's latest quarterly revenue breakdown by geography, as of Dec 22: Enterprise Cloud Services (99.90%), and Other Services (0.10%).

Kingsoft Cloud Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
KCKingsoft Cloud$7.05B$1.78B
OCFTOneConnect Financial$3.67B$723.27M
ALITAlight$3.41B$538.00M
GBTGGlobal Business Travel Group$2.29B$597.00M
AYXAlteryx$970.00M$351.00M
SMARSmartsheet$958.34M$276.41M
SPTSprout Social$333.64M$102.64M
DOMODomo$318.99M$78.41M
RSKDRiskified$297.61M$76.41M
MITKMitek Systems$172.55M$44.98M
LAWCS Disco$138.09M$36.27M
MVLAMovella$40.47M$8.36M
MCLDmCloud$25.60M$2.91M
HTCRHeartCore Enterprises$21.85M$5.05M
PBTSX3$10.48M$1.73M
IFBDInfobird$5.51M-
WETGNext Technology$2.63M$1.00M
KBNTKubient$2.40M$11.75K

KC Revenue FAQ

What is Kingsoft Cloud’s yearly revenue?

Kingsoft Cloud's yearly revenue for 2023 was $7.05B, representing a decrease of -13.85% compared to 2022. The company's yearly revenue for 2022 was $8.18B, representing a decrease of -9.72% compared to 2021. KC's yearly revenue for 2021 was $9.06B, representing an increase of 37.76% compared to 2020.

What is Kingsoft Cloud’s quarterly revenue?

Kingsoft Cloud's quarterly revenue for Q1 2024 was $1.78B, a 3.09% increase from the previous quarter (Q4 2023), and a -4.76% decrease year-over-year (Q1 2023). The company's quarterly revenue for Q4 2023 was $1.72B, a 5.98% increase from the previous quarter (Q3 2023), and a -19.17% decrease year-over-year (Q4 2022). KC's quarterly revenue for Q3 2023 was $1.63B, a -11.45% decrease from the previous quarter (Q2 2023), and a -17.45% decrease year-over-year (Q3 2022).

What is Kingsoft Cloud’s revenue growth rate?

Kingsoft Cloud's revenue growth rate for the last 3 years (2021-2023) was -22.22%, and for the last 5 years (2019-2023) was 78.13%.

What are Kingsoft Cloud’s revenue streams?

Kingsoft Cloud's revenue streams in c 23 are Enterprise Cloud Services, and Other Services. Enterprise Cloud Services generated $2.66B in revenue, accounting 99.94% of the company's total revenue, down -5.43% year-over-year. Other Services generated $1.73M in revenue, accounting 0.06% of the company's total revenue, down -39.38% year-over-year.

What is Kingsoft Cloud’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of Kingsoft Cloud was Enterprise Cloud Services. This segment made a revenue of $2.66B, representing 99.94% of the company's total revenue.