Welcome to our dedicated page for Kingsoft Cloud Holdings news (Ticker: KC), a resource for investors and traders seeking the latest updates and insights on Kingsoft Cloud Holdings stock.
Kingsoft Cloud Holdings Limited reports developments for a China-based cloud service provider listed on Nasdaq as KC and on the Hong Kong Stock Exchange as 3896. Company news centers on unaudited quarterly and annual financial results, earnings-call schedules, and demand trends across public cloud and enterprise cloud services.
Recurring updates describe AI-related customer demand, intelligent computing infrastructure, cloud-native products, industry-specific solutions, and cooperation within the Xiaomi-Kingsoft ecosystem. The company also issues annual report, ESG, shareholder-voting, and capital-structure announcements, including disclosures tied to ordinary shares, ADS holders, and Hong Kong listing requirements.
Kingsoft Cloud (NASDAQ: KC) reported Q2 2025 financial results with total revenue increasing 24.2% year-over-year to RMB2,349.2 million (US$327.91M). The company's AI business showed remarkable growth, with gross billing rising 120% YoY to RMB728.7 million, representing 44.8% of public cloud services.
Revenue from public cloud services grew 31.7% YoY to RMB1,625.3 million, while enterprise cloud services increased 10.1% to RMB723.9 million. However, the company reported a net loss of RMB456.9 million, wider than the RMB353.7 million loss in Q2 2024. Non-GAAP EBITDA showed significant improvement, increasing 570.1% YoY to RMB406.0 million with a margin of 17.3%.
The company's cash position strengthened to RMB5,464.1 million as of June 30, 2025, boosted by a public equity offering and concurrent private placement to Kingsoft Corporation.
Kingsoft Cloud (NASDAQ: KC, HKEX: 3896), a leading Chinese cloud service provider, has scheduled its Q2 2025 earnings release for August 20, 2025, before U.S. markets open. The company will host an earnings conference call on the same day at 8:15 AM ET (8:15 PM Beijing/Hong Kong Time).
Participants can access the call by pre-registering through the company's registration portal to receive dial-in details. A live and archived webcast will be available on Kingsoft Cloud's investor relations website.
Kingsoft Cloud (NASDAQ: KC, HKEX: 3896), a leading Chinese cloud service provider, has scheduled its first quarter 2025 financial results announcement for May 28, 2025, before U.S. markets open. The company will host an earnings conference call on the same day at 8:15 am ET (8:15 pm Beijing/Hong Kong Time). Interested participants can pre-register for the call through the provided registration link and will receive dial-in details upon registration. The conference call will also be available via live and archived webcast on Kingsoft Cloud's investor relations website.
Kingsoft Cloud (NASDAQ: KC) has announced the pricing of its public offering of 18.5 million American depositary shares (ADSs) at US$11.27 per ADS, with each ADS representing 15 ordinary shares. The total offering includes 277.5 million ordinary shares priced at HK$5.83 per share.
The company has granted underwriters a 30-day option to purchase up to an additional 2.775 million ADSs. Concurrently, existing shareholder Kingsoft has agreed to purchase 69.375 million ordinary shares in a private placement.
The combined gross proceeds from both the public offering and private placement are expected to be approximately US$260.7 million. The funds will be used for infrastructure upgrades, technology development, and general corporate purposes. Major underwriters include Morgan Stanley, Goldman Sachs, and CICC.
Kingsoft Cloud (NASDAQ: KC, HKEX: 3896) has announced a significant public offering of 18,500,000 American depositary shares (ADSs), with each ADS representing 15 ordinary shares, totaling 277,500,000 ordinary shares. The company will grant underwriters a 30-day option to purchase additional ADSs.
Concurrent with the public offering, existing shareholder Kingsoft has agreed to purchase additional ordinary shares in a private placement, representing 20% of the combined shares from both offerings. The transaction requires approval from independent shareholders.
The proceeds will be used for:
- Upgrading and expanding infrastructure
- Technology and product development
- General corporate and working capital purposes
Major financial institutions including Morgan Stanley, Goldman Sachs, CICC, Deutsche Bank, HSBC, and Merrill Lynch are acting as underwriters for the public offering.
Kingsoft Cloud (NASDAQ: KC, HKEX: 3896) has filed its annual report on Form 20-F for fiscal year 2024 with the SEC on April 15, 2025, alongside its 2024 ESG Report. The company highlighted several achievements including:
- Recognition of its Legal team among China Top 15 New Technology In-House Teams by Thomson Reuters' ALB
- Implementation of talent development initiatives through various cloud-focused projects
- Achievement of highest Level 1 maturity in ITSS Operation and Maintenance Standard Compliance Assessment
- Partnership with Xiaomi to create a green development platform for their smart ecosystem
- Social responsibility initiatives supporting over 600 left-behind children and providing financial assistance to 51 impoverished students
Kingsoft Cloud (KC) reported strong Q4 2024 financial results, marking its first-ever operating profit milestone. Total revenues reached RMB2,232.1 million (US$305.8 million), up 29.6% year-over-year. The company achieved significant growth in AI cloud business, with gross billing increasing 500% YoY to RMB474 million.
Key highlights include:
- Gross profit increased 68.3% YoY to RMB426.0 million
- Non-GAAP EBITDA reached RMB359.7 million with 16.1% margin
- First-time positive Non-GAAP Operating profit of RMB24.4 million
- Revenue from Xiaomi and Kingsoft Group increased 76% YoY
The company's public cloud services revenue grew 34.0% YoY to RMB1,409.8 million, while enterprise cloud services revenue increased 22.7% YoY to RMB822.3 million. The improved performance reflects successful execution of their 'High-quality, Sustainable Development Strategy' and growing AI cloud adoption.
Kingsoft Cloud (NASDAQ: KC, HKEX: 3896), a leading cloud service provider in China, has scheduled the release of its unaudited financial results for Q4 and fiscal year 2024 on March 19, 2025, before U.S. markets open.
The company will host an earnings conference call on the same day at 8:15 am U.S. Eastern Time (8:15 pm Beijing/Hong Kong Time). Participants can pre-register for the call through the company's registration portal. A live and archived webcast will be available on Kingsoft Cloud's investor relations website.