Kingsoft Cloud (KC) Revenue & Revenue Breakdown
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
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $7.05B | -13.85% |
| 2022-12-31 | $8.18B | -9.72% |
| 2021-12-31 | $9.06B | 37.76% |
| 2020-12-31 | $6.58B | 66.25% |
| 2019-12-31 | $3.96B | 78.36% |
| 2018-12-31 | $2.22B | 79.47% |
| 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
| Date | Revenue | Change |
|---|---|---|
| 2024-03-31 | $1.78B | 3.09% |
| 2023-12-31 | $1.72B | 5.98% |
| 2023-09-30 | $1.63B | -11.45% |
| 2023-06-30 | $1.84B | -1.56% |
| 2023-03-31 | $1.86B | -12.51% |
| 2022-12-31 | $2.13B | 8.24% |
| 2022-09-30 | $1.97B | 3.27% |
| 2022-06-30 | $1.91B | -12.30% |
| 2022-03-31 | $2.17B | -18.27% |
| 2021-12-31 | $2.66B | 10.19% |
| 2021-09-30 | $2.41B | 11.05% |
| 2021-06-30 | $2.17B | 19.86% |
| 2021-03-31 | $1.81B | -5.68% |
| 2020-12-31 | $1.92B | 11.22% |
| 2020-09-30 | $1.73B | 12.65% |
| 2020-06-30 | $1.53B | 10.34% |
| 2020-03-31 | $1.39B | 18.52% |
| 2019-12-31 | $1.17B | 17.15% |
| 2019-09-30 | $1.00B | 7.13% |
| 2019-06-30 | $935.12M | 10.56% |
| 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/Service | Dec 23 | Dec 22 | Dec 21 | Dec 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/Service | Dec 22 | Sep 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
| Country | Dec 22 | Sep 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
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| KC | Kingsoft Cloud | $7.05B | $1.78B |
| OCFT | OneConnect Financial | $3.67B | $723.27M |
| ALIT | Alight | $3.41B | $538.00M |
| GBTG | Global Business Travel Group | $2.29B | $625.00M |
| AYX | Alteryx | $970.00M | $351.00M |
| SMAR | Smartsheet | $958.34M | $276.41M |
| SPT | Sprout Social | $333.64M | $99.40M |
| DOMO | Domo | $318.99M | $78.41M |
| RSKD | Riskified | $297.61M | $76.41M |
| MITK | Mitek Systems | $172.55M | $44.98M |
| LAW | CS Disco | $138.09M | $36.01M |
| MVLA | Movella | $40.47M | $8.36M |
| MCLD | mCloud | $25.60M | $2.91M |
| HTCR | HeartCore Enterprises | $21.85M | $5.05M |
| PBTS | X3 | $10.48M | $1.73M |
| IFBD | Infobird | $5.51M | - |
| WETG | Next Technology | $2.63M | $1.00M |
| KBNT | Kubient | $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.