The earnings call reflects a mixed outlook. While there is significant growth and expansion in AI and public cloud segments, challenges in operating profits, declining gross margins, and external pressures such as chip bans present concerns. Ecosystem collaborations and strategic investments in AI provide a positive outlook, but are balanced by operational and financial challenges.
Company Guidance
During the Kingsoft Cloud Holdings Limited First Quarter 2025 Earnings Conference Call, key financial metrics were highlighted, showcasing the company's growth and strategic focus on AI. The company reported a year-over-year revenue growth of 11%, reaching RMB 1.97 billion, with public cloud revenue increasing by 14% to RMB 1.35 billion. AI gross billing surged over 200% year-over-year to RMB 525 million, contributing 39% of public cloud revenue. Despite some fluctuations, the non-GAAP gross profit was RMB 327 million, showing a 9.6% increase year-over-year, although the non-GAAP gross margin declined by 2.6 percentage points quarter-over-quarter to 16.6%. The non-GAAP operating loss was RMB 55 million, with an adjusted EBITDA margin of 16.2%, up from 1.9% the previous year. Additionally, capital expenditure reached RMB 605 million, and total adjusted operating expenses decreased by 9% year-over-year to RMB 427.3 million. The company remains optimistic about future growth, particularly in AI, while navigating market pressures and supply chain uncertainties.
Year-over-Year Revenue Growth
The company recorded a year-over-year revenue growth of 11%, reaching RMB 1.97 billion, with public cloud increasing by 14% to RMB 1.35 billion.
AI Business Expansion
AI gross billing reached RMB 525 million, representing a year-over-year increase of over 200% and a quarter-over-quarter growth of 11%, contributing 39% of public cloud revenue.
Ecosystem Collaboration
Revenue from Xiaomi and Kingsoft ecosystem reached RMB 500 million, up 50% year-over-year, contributing 25% to total revenue.
Non-GAAP EBITDA Margin Improvement
Non-GAAP EBITDA margin reached 16.2%, an increase of 14.3 percentage points year-over-year.
Kingsoft Cloud Holdings (KC) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
KC Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
May 28, 2025
$12.90
$11.88
-7.91%
Mar 19, 2025
$18.09
$18.44
+1.93%
Nov 19, 2024
$4.34
$4.59
+5.76%
Aug 20, 2024
$2.53
$2.37
-6.32%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Kingsoft Cloud Holdings Ltd. (KC) report earnings?
Kingsoft Cloud Holdings Ltd. (KC) is schdueled to report earning on Aug 26, 2025, TBA Not Confirmed.
What is Kingsoft Cloud Holdings Ltd. (KC) earnings time?
Kingsoft Cloud Holdings Ltd. (KC) earnings time is at Aug 26, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.