Kingsoft Cloud Holdings Ltd (KC) SEC Filings & Earnings Calls
EquiReason read 34 Kingsoft Cloud Holdings Ltd SEC filings in the last 12 months. Latest: 6-K on 2026-10-07 — Kingsoft Cloud filed monthly return on movements in securities with Hong Kong Exchange, reporting no change in issued shares (4,531,784,801) and routine share option/plan disclosur.
Source: SEC EDGAR filings · figures as of 2026-06-30 · read by EquiReason
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- 17 Nov, in 24 days
Every filing, read
last 12 months · SECWhat happened, the numbers inside, guidance and risks. The original is one click away.
7 Oct 20266-KKingsoft Cloud filed monthly return on movements in securities with Hong Kong Exchange, reporting no change in issued shares (4,531,784,801) and routine share option/plan disclosures. No financial results or material events.open
Figures in the filing · each found in the filing text
| Issued Shares · September 2026 | 4,531,784,801 |
21 Sep 20266-KKingsoft Cloud Holdings Ltd filed a 6-K interim report as a foreign private issuer, attaching the 2026 Interim Report. No material event disclosed.SEC ↗
4 Sep 20266-KMonthly return for equity issuer on movements in securities for August 2026; no material operational or financial event.SEC ↗
19 Aug 20266-KQ2 2026: record revenue RMB3,072M (+30.8% YoY), first GAAP operating profit, AI cloud gross billings +82% YoY, capex RMB3.3B.earningsopen
Risks flagged
High capex and depreciation costs may pressure future margins if AI demand slows.
“Depreciation and amortization costs increased from RMB552.0M to RMB963.8M; capex RMB3.3B” · word for word
19 Aug 20266-KInterim results for H1 2026: revenue up 33.7% YoY, net loss narrowed 43.5% YoY, adjusted EBITDA positive and growing.earningsopen
Figures in the filing · each found in the filing text
| Revenues · H1-2026 | $5.78B | +34% y/y |
| Gross profit · H1-2026 | $812M | +24% y/y |
| Net loss · H1-2026 | $-437M | -44% y/y |
| Adjusted EBITDA · H1-2026 | $1.85B | +155% y/y |
6 Aug 20266-KMonthly return for equity issuer on movements in securities; no material operational or financial event disclosed.SEC ↗
17 Jul 20266-KGrant of 16,220,972 RSUs to 438 employees under 2026 Share Incentive Plan. Routine equity compensation, no material financial impact.SEC ↗
7 Jul 20266-KMonthly return filed with HKEX regarding authorized share capital and issued shares; no material operational or financial event.open
Figures in the filing · each found in the filing text
| issued shares · 2026-06 | 4,531,784,801 |
30 Jun 20266-KFiling reports poll results of annual general meeting and adoption of amended memorandum and articles of association; no material financial or operational event.SEC ↗
4 Jun 20266-KMonthly return for equity issuer on movements in securities; no material change in share capital or treasury shares.SEC ↗
29 May 20266-KCircular for annual general meeting including proposals for re-election of directors, share mandates, auditor reappointment, and amendments to articles; no material financial event.SEC ↗
27 May 20266-KQ1 2026 revenue up 37.2% YoY to RMB2,703.7M; AI gross billing grew 90% YoY; adjusted EBITDA margin improved 11.4pp to 27.6%; capex and leased assets combined RMB3B in Q1.earningsopen
Figures in the filing · each found in the filing text
| Adjusted EBITDA margin · Q1-2026 | 27.6% | |
| AI gross billing growth · AI · Q1-2026 | 90.0% |
Risks flagged
Gross margin compression due to higher server costs for AI expansion.
“Gross margin was 12.8% in this quarter, compared with 16.2% in the same quarter of 2025... The decrease was mainly due to the higher cost of servers along with the expansion of AI business.” · word for word
Supply chain challenges noted by CFO.
“despite overall supply chain challenges.” · word for word
19 May 20266-KAnnouncement of record date for annual general meeting; no material financial or operational event.SEC ↗
14 May 20266-KAnnouncement of board meeting date to approve Q1 2026 results; no financial data disclosed.SEC ↗
7 May 20266-KMonthly return for equity issuer on movements in securities; no material change in share capital or treasury shares.SEC ↗
24 Apr 20266-KRevision of annual caps for continuing connected transactions with Xiaomi, reflecting rapid business growth and increased demand for cloud services, IDC services, and hardware procurement.open
Risks flagged
Dependence on Xiaomi as a connected party; concentration risk.
“Xiaomi directly and indirectly holds a total of approximately 10.29% of the Shares, and is therefore a connected person of the Company.” · word for word
23 Apr 20266-KRoutine 6-K filing attaching annual report and ESG report; no material financial event or operational update.SEC ↗
23 Apr 202620-FAnnual report (20-F) filed with extensive risk factor disclosures but no material operational or financial event.open
Figures in the filing · each found in the filing text
| Revenue from Kingsoft Group · FY2025 | 4.0% | |
| Revenue from Xiaomi Group · FY2025 | 23.4% | |
| Patents registered · FY2025 | 1,528 | |
| Trademarks registered · FY2025 | 716 | |
| Copyrights registered · FY2025 | 910 | |
| Domain names registered · FY2025 | 135 |
Risks flagged
Customer concentration risk
“Revenues from Xiaomi Group in the aggregate accounted for 12.3%, 16.4% and 23.4% of our total revenues in 2023, 2024 and 2025, respectively.” · word for word
Goodwill impairment risk
“Goodwill represented a significant portion of the total assets on our consolidated balance sheet as of December 31, 2025.” · word for word
Property and equipment impairment risk
“We record RMB653.7 million, RMB919.7 million and nil impairment of our property and equipment in 2023, 2024 and 2025.” · word for word
Regulatory compliance risk (social insurance)
“We have made provisions of RMB19.0 million, RMB19.0 million and RMB24.3 million (US$3.5 million) in our consolidated statements of comprehensive loss for the shortfall in our social insurance and housing provident fund contributions for the years ended December 31, 2023, 2024 and 2025, respectively.” · word for word
Share-based compensation dilution risk
“In 2023, 2024 and 2025, we incurred share-based compensation of RMB181.6 million, RMB214.4 million and RMB446.9 million (US$63.9 million), respectively.” · word for word
23 Apr 20266-KPress release announcing filing of annual report on Form 20-F and ESG report; no financial results or operational updates.SEC ↗
14 Apr 20266-KResignation of company secretary and appointment of joint company secretaries, authorized representative, and process agent; waiver from listing rules compliance.SEC ↗
9 Apr 20266-KMonthly return for equity issuer on movements in securities; no material changes in share capital or treasury shares.SEC ↗
25 Mar 20266-KPreliminary annual results for FY2025: revenue up 22.8% YoY, net loss narrowed 52.3% YoY, adjusted EBITDA positive; proposed amendments to articles and adoption of 2026 share incentive plan.earningsopen
Figures in the filing · each found in the filing text
| Revenues · FY2025 | $9.56B | +23% y/y |
| Net loss · FY2025 | $-944M | -52% y/y |
| Gross profit · FY2025 | $1.50B | +12% y/y |
Risks flagged
Gross margin compression due to AI infrastructure depreciation costs.
“Gross margin decreased from 17.2% to 15.7% YoY”
25 Mar 20266-KQ4 and FY2025 results: revenue up 23.7% YoY, AI gross billing up 95% YoY, adjusted operating profit positive for second consecutive quarter, adjusted EBITDA margin 28.4%.earningsopen
Figures in the filing · each found in the filing text
| Public cloud services revenue · public cloud · Q4-2025 | $1.90B | +35% y/y |
| Adjusted EBITDA margin · Q4-2025 | 28.4% | |
| Enterprise cloud services revenue · enterprise cloud · Q4-2025 | $859M | +5% y/y |
Risks flagged
Gross margin declined YoY due to increasing depreciation costs for AI servers.
“Gross margin was 16.9%, compared with 19.1% in the same period in 2024” · word for word
10 Mar 20266-KNotice of board meeting to approve Q4 and FY2025 unaudited results; no financial data disclosed.SEC ↗
5 Mar 20266-KMonthly return for equity issuer on movements in securities; no material changes in share capital or treasury shares.SEC ↗
3 Mar 20266-KConnected transaction: acquisition of 20% equity interest in a target company for RMB50M; target not consolidated; transaction exempt from shareholder approval.being acquiredopen
Risks flagged
Connected transaction with related party (Xunlei/Xiaomi) may raise governance concerns.
“Xunlei is a 30%-controlled company of Xiaomi, a substantial shareholder.” · word for word
2 Mar 20266-KRevision of annual caps for continuing connected transactions with Kingsoft Group; increased caps for property services and lease due to higher demand.open
Risks flagged
Connected transaction with Kingsoft Corporation (32.94% shareholder) may raise governance concerns.
“Kingsoft Corporation directly held approximately 32.94% of the Shares, thus is a connected person.” · word for word
5 Feb 20266-KRoutine monthly return to HKEX reporting no changes in authorized or issued share capital; no material business or financial event.SEC ↗
7 Jan 20266-KMonthly return for equity issuer on movements in securities for December 2025; no material financial or operational event.SEC ↗
18 Dec 20256-KGrant of restricted share units to employees under 2021 Share Incentive Plan; no material financial impact.SEC ↗
4 Dec 20256-KMonthly return for equity issuer on movements in securities for November 2025; no material financial or operational event.SEC ↗
19 Nov 20256-KQ3 2025 revenue growth accelerated to 31.4% YoY, AI gross billing up ~120% YoY, adjusted operating profit and net profit turned positive for the first time.earningsopen
Figures in the filing · each found in the filing text
| Adjusted EBITDA margin · Q3-2025 | 33.4% | |
| Gross margin · Q3-2025 | 15.4% |
Risks flagged
Cost of revenues increased 32.5% YoY due to AI investment, potentially pressuring margins if growth slows.
“Cost of revenues increased by 32.5% from RMB1,582.2 million to RMB2,097.1 million.”
6 Nov 20256-KMonthly return for equity issuer on movements in securities for October 2025; includes 338M share placement at HKD 8.29.SEC ↗
4 Nov 20256-KAnnouncement of board meeting date to approve Q3 2025 results; no financial or operational content.SEC ↗
Kingsoft Cloud Holdings Ltd — questions
- What did Kingsoft Cloud Holdings Ltd file recently?
- 34 SEC filings in the last 12 months. Latest: 6-K on 2026-10-07 — Kingsoft Cloud filed monthly return on movements in securities with Hong Kong Exchange, reporting no change in issued shares (4,531,784,801) and routine share option/plan disclosures. No financial results or material events.
Every figure on this page comes from Kingsoft Cloud Holdings Ltd's own SEC filings — see them on SEC EDGAR. Price data is licensed and shown only inside the product.
How these figures are read: methodology · EquiReason.