KE Holdings Inc. (BEKE)
NYSE: BEKE · Real-Time Price · USD
17.19
-1.13 (-6.17%)
At close: Aug 31, 2026, 4:00 PM EDT
17.73
+0.54 (3.14%)
Pre-market: Sep 1, 2026, 4:05 AM EDT
KE Holdings Cash Flow Statement
Financials in millions CNY. Fiscal year is January - December.
Millions CNY. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
Net Income | 2,623 | 1,255 | 87.85 | 749.28 | 1,301 | 855.77 | 569.99 | 1,171 | 1,892 | 431.77 | 669.61 | 1,158 | 1,309 | 2,747 | 377.03 | 723.19 | -1,868 | -617.98 | -929.68 | -1,765 |
Depreciation & Amortization | 187.93 | 201.6 | 355.61 | 285.38 | 217.96 | 213.43 | 276.54 | 202.5 | 209.7 | 323.68 | 354.78 | 352.68 | 352.09 | 342.64 | 389.62 | 373.54 | 384.86 | 354.69 | 401.96 | 345.44 |
Loss (Gain) From Sale of Assets | 58.7 | - | 137.48 | - | 16.8 | - | 0.03 | - | -0.2 | - | 0.63 | - | - | - | -0.65 | - | - | - | 0.47 | - |
Asset Writedown & Restructuring Costs | - | - | 116.33 | - | 28.19 | - | 151.58 | - | 36.4 | - | 93.42 | - | - | - | 148.06 | - | - | - | 746.71 | - |
Loss (Gain) From Sale of Investments | 164.33 | - | -40 | - | -221.01 | - | -303.38 | - | -70.24 | - | -39.15 | - | - | - | 1,083 | - | - | - | 460.87 | - |
Loss (Gain) on Equity Investments | 15.79 | - | -16.42 | - | -14.32 | - | -10.19 | - | 3.74 | - | -9.1 | - | - | - | -17.25 | - | - | - | -39.52 | - |
Stock-Based Compensation | 905.1 | - | 1,905 | - | 1,016 | - | 2,726 | - | 1,524 | - | 3,216 | - | - | - | 2,425 | - | - | - | 1,538 | - |
Provision & Write-off of Bad Debts | 424.63 | - | 134.18 | - | 133.85 | - | 296.57 | - | 74.14 | - | 418.78 | - | - | - | - | - | - | - | - | - |
Other Operating Activities | 3,406 | -2,928 | 5,932 | -183.54 | 4,907 | -5,034 | -430.06 | 874.96 | 2,709 | -2,864 | -4,754 | 445.92 | -1,857 | 4,538 | -6,813 | 908.8 | 4,457 | 1,098 | -1,057 | 261.04 |
Change in Accounts Receivable | -1,248 | - | 1,483 | - | 875.7 | - | -2,410 | - | -815.84 | - | 834.68 | - | - | - | 5,161 | - | - | - | 2,646 | - |
Change in Inventory | -63.45 | - | -1,251 | - | -982.72 | - | -1,306 | - | - | - | - | - | - | - | - | - | - | - | - | - |
Change in Accounts Payable | 105.06 | - | -3,344 | - | -2,305 | - | 2,457 | - | 329.15 | - | 482.54 | - | - | - | -866.39 | - | - | - | -566.71 | - |
Change in Unearned Revenue | 1,224 | - | -361.58 | - | 161.44 | - | 1,387 | - | 757 | - | 1,405 | - | - | - | 921.1 | - | - | - | 367.77 | - |
Change in Income Taxes | 337.22 | - | -326.13 | - | -532.34 | - | 330.17 | - | 48.54 | - | 156.28 | - | - | - | -41.69 | - | - | - | -418.88 | - |
Change in Other Net Operating Assets | -1,528 | - | -2,900 | - | -3,777 | - | 1,467 | - | -2,593 | - | -803.32 | - | - | - | -137.34 | - | - | - | -1,996 | - |
Operating Cash Flow | 6,612 | -1,471 | 1,912 | 851.13 | 826.21 | -3,965 | 5,203 | 2,249 | 4,105 | -2,109 | 2,026 | 1,957 | -196.14 | 7,628 | 2,647 | 2,006 | 2,973 | 834.75 | 1,279 | -1,158 |
Operating Cash Flow Growth (YoY) | 700.30% | - | -63.25% | -62.15% | -79.87% | - | 156.80% | 14.92% | - | - | -23.47% | -2.44% | - | 813.79% | 106.94% | - | 196.94% | -66.25% | 15.82% | - |
Investing Activities
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
Capital Expenditures | -244.84 | - | -607.73 | - | -482.35 | - | -1,037 | - | -462.4 | - | -873.99 | - | - | - | -793.03 | - | - | - | -1,430 | - |
Cash Acquisitions | - | - | - | - | - | - | 105.02 | - | -20.04 | - | -9.89 | - | - | - | -3,148 | - | - | - | -21.84 | - |
Divestitures | 4.25 | - | 15 | - | 6.53 | - | 12.19 | - | 4.62 | - | 14.84 | - | - | - | 19.13 | - | - | - | 18.52 | - |
Investment in Securities | -593.22 | - | 5,838 | - | 8,104 | - | -6,348 | - | -6,265 | - | -2,454 | - | - | - | -4,547 | - | - | - | -26,757 | - |
Other Investing Activities | -4,740 | 5,014 | -7,812 | -944.35 | -6,852 | 6,286 | 6,767 | -518.85 | -1,282 | 1,290 | 7,708 | -15,323 | 2,056 | 5,578 | 7,457 | 3,851 | -7,081 | -4,257 | 21,355 | -10,965 |
Investing Cash Flow | -6,779 | 5,014 | -1,112 | -944.35 | 1,665 | 6,286 | -2,016 | -518.85 | -8,134 | 1,290 | 3,712 | -15,323 | 2,056 | 5,578 | -984.91 | 3,851 | -7,081 | -4,257 | -3,523 | -10,965 |
Financing Activities
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
Total Debt Issued | 857.13 | - | 2,208 | - | 293.36 | - | 606.03 | - | 606.03 | - | 426.63 | - | - | - | 892.4 | - | - | - | 767.54 | - |
Total Debt Repaid | -278.91 | - | -1,270 | - | -324.33 | - | -608.42 | - | -451.17 | - | -755.97 | - | - | - | -727.6 | - | - | - | -1,841 | - |
Net Debt Issued (Repaid) | 578.22 | - | 938.77 | - | -30.98 | - | -2.39 | - | 154.86 | - | -329.34 | - | - | - | 164.8 | - | - | - | -1,073 | - |
Issuance of Common Stock | - | - | 0 | - | 0 | - | 0 | - | 0 | - | 0 | - | - | - | 0 | - | - | - | 0.01 | - |
Repurchase of Common Stock | -3,080 | - | -6,581 | - | -2,830 | - | -5,101 | - | -2,701 | - | -5,151 | - | - | - | -1,320 | - | - | - | - | - |
Common Dividends Paid | -2,067 | - | -2,881 | - | -2,881 | - | -2,831 | - | -2,831 | - | -1,426 | - | - | - | - | - | - | - | - | - |
Other Financing Activities | 1,191 | 502.88 | 7,815 | -3,164 | -439.53 | 261.07 | 9,044 | -3,389 | 2,114 | -252.54 | 5,172 | -2,615 | -2,538 | -331.64 | 241.49 | -277.37 | -93.1 | 128.97 | 870.5 | 71.8 |
Financing Cash Flow | -3,377 | 502.88 | -708.69 | -3,164 | -6,182 | 261.07 | 1,110 | -3,389 | -3,263 | -252.54 | -1,734 | -2,615 | -2,538 | -331.64 | -913.5 | -277.37 | -93.1 | 128.97 | -202.8 | 71.8 |
Net Cash Flow
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
Foreign Exchange Rate Adjustments | -6.04 | -12.77 | -113.93 | -9.35 | 5.19 | 35.5 | 184.2 | -46.88 | 35.67 | -3.51 | -142.34 | 164.81 | 36.15 | -14.01 | 41.54 | -155.5 | 170.97 | -28.36 | -221.75 | 84.96 |
Net Cash Flow | -3,550 | 4,033 | -22.68 | -3,266 | -3,686 | 2,617 | 4,481 | -1,706 | -7,257 | -1,074 | 3,862 | -15,817 | -642.26 | 12,860 | 790.32 | 5,424 | -4,030 | -3,322 | -2,668 | -11,966 |
Free Cash Flow
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
Free Cash Flow | 6,367 | -1,471 | 1,304 | 851.13 | 343.87 | -3,965 | 4,165 | 2,249 | 3,642 | -2,109 | 1,152 | 1,957 | -196.14 | 7,628 | 1,854 | 2,006 | 2,973 | 834.75 | -150.79 | -1,158 |
Free Cash Flow Growth (YoY) | 1751.68% | - | -68.69% | -62.15% | -90.56% | - | 261.60% | 14.92% | - | - | -37.87% | -2.44% | - | 813.79% | - | - | 196.94% | -66.25% | - | - |
Free Cash Flow Margin | 25.95% | -7.79% | 5.88% | 3.69% | 1.32% | -17.00% | 13.38% | 9.96% | 15.58% | -12.88% | 5.70% | 10.99% | -1.01% | 37.62% | 11.07% | 11.40% | 21.58% | 6.65% | -0.85% | -6.40% |
Free Cash Flow Per Share | 5.70 | -1.30 | 1.15 | 0.74 | 0.29 | -3.38 | 3.54 | 1.93 | 3.10 | -1.79 | 0.97 | 1.65 | -0.16 | 6.27 | 1.54 | 1.66 | 2.50 | 0.70 | -0.13 | -0.98 |
Levered Free Cash Flow | 1,826 | 285.95 | -131.38 | 1,885 | -2,797 | -289.44 | 1,922 | 2,482 | -320.87 | 1,475 | -214.53 | 2,040 | 1,477 | 5,267 | 985.4 | 2,779 | 4,140 | 1,367 | 3,754 | 4,026 |
Unlevered Free Cash Flow | 1,826 | 285.95 | -127.16 | 1,885 | -2,797 | -289.44 | 1,930 | 2,482 | -320.87 | 1,475 | -203.75 | 2,040 | 1,477 | 5,267 | 994.18 | 2,779 | 4,140 | 1,367 | 3,758 | 4,026 |
Additional Metrics
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
Cash Interest Paid | 3.77 | - | 6.95 | - | 2.99 | - | 12.47 | - | 6.83 | - | 17.48 | - | - | - | 13.63 | - | - | - | 4.67 | - |
Cash Income Tax Paid | 1,134 | - | 2,347 | - | 1,484 | - | 2,217 | - | 1,113 | - | 2,251 | - | - | - | 1,447 | - | - | - | 2,296 | - |
Change in Working Capital | -1,173 | - | -6,700 | - | -6,559 | - | 1,925 | - | -2,275 | - | 2,075 | - | - | - | 5,036 | - | - | - | 32.41 | - |