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Kingsoft Cloud Holdings (Kingsoft Cloud Holdings) Gross Profit : $131.9 Mil (TTM As of Mar. 2024)


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What is Kingsoft Cloud Holdings Gross Profit?

Kingsoft Cloud Holdings's gross profit for the three months ended in Mar. 2024 was $40.7 Mil. Kingsoft Cloud Holdings's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was $131.9 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Kingsoft Cloud Holdings's gross profit for the three months ended in Mar. 2024 was $40.7 Mil. Kingsoft Cloud Holdings's Revenue for the three months ended in Mar. 2024 was $246.6 Mil. Therefore, Kingsoft Cloud Holdings's Gross Margin % for the quarter that ended in Mar. 2024 was 16.51%.

Kingsoft Cloud Holdings had a gross margin of 16.51% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

During the past 7 years, the highest Gross Margin % of Kingsoft Cloud Holdings was 13.65%. The lowest was -9.56%. And the median was 3.88%.


Kingsoft Cloud Holdings Gross Profit Historical Data

The historical data trend for Kingsoft Cloud Holdings's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Kingsoft Cloud Holdings Gross Profit Chart

Kingsoft Cloud Holdings Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial 1.10 54.59 55.15 61.61 119.07

Kingsoft Cloud Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 28.18 28.85 26.89 35.45 40.72

Competitive Comparison of Kingsoft Cloud Holdings's Gross Profit

For the Software - Application subindustry, Kingsoft Cloud Holdings's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Kingsoft Cloud Holdings's Gross Profit Distribution in the Software Industry

For the Software industry and Technology sector, Kingsoft Cloud Holdings's Gross Profit distribution charts can be found below:

* The bar in red indicates where Kingsoft Cloud Holdings's Gross Profit falls into.



Kingsoft Cloud Holdings Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Kingsoft Cloud Holdings's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=987.012 - 867.944
=119.1

Kingsoft Cloud Holdings's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=246.571 - 205.85
=40.7

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $131.9 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Kingsoft Cloud Holdings's Gross Margin % for the quarter that ended in Mar. 2024 is calculated as

Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=40.7 / 246.571
=16.51 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Kingsoft Cloud Holdings  (NAS:KC) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Kingsoft Cloud Holdings had a gross margin of 16.51% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage


Kingsoft Cloud Holdings Gross Profit Related Terms

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Kingsoft Cloud Holdings (Kingsoft Cloud Holdings) Business Description

Traded in Other Exchanges
Address
No. 33 Xierqi Middle Road, Building D, Xiaomi Science and Technology Park, Haidian District, Beijing, CHN, 100085
Kingsoft Cloud Holdings Ltd is an independent cloud service provider in China. The company has built a cloud platform consisting of cloud infrastructure, cloud products and industry-specific solutions across public cloud, enterprise cloud, and IoT cloud services. Its products and services are categorized in compute, networking, storage and delivery, database, data analysis, security, video services, and developer services. Geographically, the firm operates in China.

Kingsoft Cloud Holdings (Kingsoft Cloud Holdings) Headlines