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 Income Statement
Financials in millions CNY. Fiscal year is January - December.
Millions CNY. Fiscal year is Jan - Dec.
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 |
| 24,539 | 18,892 | 22,189 | 23,052 | 26,011 | 23,328 | 31,125 | 22,585 | 23,370 | 16,377 | 20,204 | 17,811 | 19,484 | 20,278 | 16,747 | 17,597 | 13,777 | 12,548 | 17,786 | 18,096 | |
Revenue Growth (YoY) | -5.66% | -19.02% | -28.71% | 2.07% | 11.30% | 42.44% | 54.05% | 26.80% | 19.95% | -19.24% | 20.64% | 1.22% | 41.42% | 61.60% | -5.84% | -2.76% | -43.01% | -39.37% | -21.55% | -11.94% |
Cost of Revenue | 17,526 | 14,332 | 17,432 | 18,117 | 20,311 | 18,507 | 23,955 | 17,450 | 16,853 | 12,255 | 15,060 | 12,930 | 14,141 | 13,928 | 12,654 | 12,837 | 11,069 | 10,328 | 14,870 | 15,342 |
Gross Profit | 7,014 | 4,560 | 4,756 | 4,935 | 5,700 | 4,821 | 7,170 | 5,135 | 6,517 | 4,122 | 5,144 | 4,881 | 5,343 | 6,350 | 4,093 | 4,760 | 2,708 | 2,220 | 2,915 | 2,755 |
Selling, General & Admin | 3,439 | 2,795 | 4,185 | 3,594 | 3,979 | 3,647 | 5,305 | 3,835 | 3,961 | 3,643 | 4,728 | 3,493 | 3,755 | 2,915 | 3,125 | 3,035 | 3,372 | 2,389 | 3,012 | 3,614 |
Research & Development | 548.71 | 492.57 | 715.23 | 648.28 | 633.44 | 583.61 | 738.68 | 572.93 | 504.51 | 467.3 | 533.62 | 471.63 | 474.79 | 456.74 | 508.66 | 509.3 | 778.65 | 748.95 | 738.12 | 1,043 |
Operating Expenses | 3,988 | 3,287 | 4,900 | 4,243 | 4,612 | 4,230 | 6,044 | 4,408 | 4,466 | 4,110 | 5,262 | 3,965 | 4,229 | 3,372 | 3,634 | 3,544 | 4,150 | 3,138 | 3,750 | 4,657 |
Operating Income | 3,026 | 1,273 | -143.51 | 692.49 | 1,088 | 590.57 | 1,126 | 726.96 | 2,052 | 11.85 | -117.68 | 916.46 | 1,114 | 2,978 | 459.2 | 1,216 | -1,442 | -917.97 | -834.43 | -1,903 |
Interest Expense | - | - | -6.75 | - | - | - | -12.65 | - | - | - | -17.24 | - | - | - | -14.05 | - | - | - | -6.11 | - |
Interest & Investment Income | 126.52 | 134.95 | 165.36 | 176.64 | 223.94 | 268.57 | 311.97 | 310.49 | 356.58 | 309.68 | 340.12 | 349.14 | 338.74 | 263.49 | 280.92 | 214.72 | 160.1 | 113.36 | 143.89 | 90.72 |
Earnings From Equity Investments | 0.61 | -16.4 | -6.67 | 8.77 | 6.97 | 7.35 | 6.14 | 7.78 | 0.35 | -4.09 | -18.13 | 12.75 | 8.81 | 5.67 | -0.07 | 13.19 | -28.92 | 60.39 | -8.29 | 10.79 |
Currency Exchange Gain (Loss) | 15.12 | -1.46 | -4.66 | -10.14 | -5.31 | -39.63 | -6.81 | 45.16 | -55.28 | -17.75 | -174.46 | 96.34 | -50.54 | 34.71 | 65.33 | -151.95 | -39.49 | -1.26 | 1.33 | 12.07 |
Other Non Operating Income (Expenses) | 328.85 | 306.71 | -328.02 | 401.4 | 322.55 | 445.45 | -503.08 | 472.36 | 363.97 | 537.64 | -128.51 | 309.91 | 172.31 | 554.97 | -279.56 | 143.49 | 445.95 | 450.7 | -35.11 | 526.34 |
EBT Excluding Unusual Items | 3,497 | 1,697 | -324.25 | 1,269 | 1,636 | 1,272 | 921.79 | 1,563 | 2,717 | 837.33 | -115.9 | 1,685 | 1,583 | 3,837 | 511.78 | 1,435 | -904.11 | -294.78 | -738.71 | -1,263 |
Impairment of Goodwill | - | - | -3.62 | -84.52 | -28.19 | - | -61.8 | - | -36.4 | - | -55.44 | -5.2 | -32.78 | - | -65.51 | - | -76.24 | - | -335.3 | -397.07 |
Gain (Loss) on Sale of Investments | 75.69 | 135.21 | 744.46 | 112.45 | 110.53 | 110.49 | 803.64 | 108.78 | 68.62 | 1.62 | 933.67 | -7.88 | 22.63 | 41.07 | 562.07 | -279.42 | -454.05 | -136.91 | 425.02 | 97.56 |
Gain (Loss) on Sale of Assets | - | - | -137.48 | - | - | - | -0.03 | - | - | - | -0.63 | - | - | - | 0.65 | - | - | - | -0.47 | - |
Asset Writedown | - | - | - | - | - | - | -53.38 | - | - | - | - | - | - | - | -6.3 | - | - | - | -14.34 | - |
Pretax Income | 3,573 | 1,832 | 279.11 | 1,297 | 1,718 | 1,383 | 1,610 | 1,672 | 2,749 | 838.95 | 761.7 | 1,672 | 1,573 | 3,878 | 1,003 | 1,156 | -1,434 | -431.69 | -663.8 | -1,562 |
Income Tax Expense | 949.12 | 576.65 | 196.81 | 550.34 | 411.49 | 527.46 | 1,033 | 503.13 | 848.96 | 406.83 | 91.63 | 501.24 | 273.37 | 1,128 | 630.78 | 439.54 | 431.31 | 187.95 | 269.47 | 203.51 |
Earnings From Continuing Operations | 2,624 | 1,255 | 82.3 | 746.75 | 1,307 | 855.32 | 577.25 | 1,168 | 1,900 | 432.12 | 670.06 | 1,170 | 1,300 | 2,750 | 371.91 | 716.15 | -1,866 | -619.63 | -933.26 | -1,766 |
Minority Interest in Earnings | -1 | 0.41 | 5.56 | 2.54 | -5.57 | 0.44 | -7.26 | 2.67 | -8.34 | -0.35 | -0.46 | -12.25 | 9.23 | -2.9 | 5.12 | 7.04 | -2.61 | 1.66 | 3.58 | 0.96 |
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 |
Net Income to Common | 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 |
Net Income Growth (YoY) | 101.59% | 46.71% | -84.59% | -36.02% | -31.24% | 98.20% | -14.88% | 1.13% | 44.57% | -84.28% | 77.60% | 60.13% | - | - | - | - | - | - | - | - |
Shares Outstanding (Basic) | 1,078 | 1,092 | 1,093 | 1,105 | 1,119 | 1,121 | 1,119 | 1,127 | 1,135 | 1,147 | 1,150 | 1,164 | 1,186 | 1,183 | 1,184 | 1,192 | 1,191 | 1,189 | 1,186 | 1,178 |
Shares Outstanding (Diluted) | 1,118 | 1,134 | 1,138 | 1,150 | 1,169 | 1,174 | 1,175 | 1,167 | 1,175 | 1,181 | 1,186 | 1,190 | 1,211 | 1,217 | 1,202 | 1,208 | 1,191 | 1,189 | 1,186 | 1,178 |
Shares Change (YoY) | -4.36% | -3.38% | -3.14% | -1.42% | -0.51% | -0.56% | -0.90% | -1.91% | -2.95% | -3.01% | -1.31% | -1.52% | 1.69% | 2.35% | 1.27% | 2.56% | -0.41% | -0.67% | 1.23% | 43.06% |
EPS (Basic) | 2.43 | 1.15 | 0.08 | 0.68 | 1.16 | 0.76 | 0.51 | 1.04 | 1.67 | 0.38 | 0.58 | 0.99 | 1.10 | 2.32 | 0.32 | 0.61 | -1.57 | -0.52 | -0.78 | -1.50 |
EPS (Diluted) | 2.35 | 1.11 | 0.06 | 0.66 | 1.11 | 0.72 | 0.49 | 0.99 | 1.62 | 0.36 | 0.58 | 0.96 | 1.08 | 2.25 | 0.30 | 0.60 | -1.57 | -0.52 | -0.78 | -1.50 |
EPS Growth (YoY) | 111.45% | 54.17% | -86.99% | -33.33% | -31.56% | 100.00% | -14.50% | 3.13% | 50.28% | -84.00% | 93.89% | 60.00% | - | - | - | - | - | - | - | - |
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 |
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 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 |
Dividend Per Share | - | - | 1.931 | - | - | - | 2.628 | - | - | - | 2.489 | - | - | - | - | - | - | - | - | - |
Dividend Growth (YoY) | - | - | -26.53% | - | - | - | 5.58% | - | - | - | - | - | - | - | - | - | - | - | - | - |
Gross Margin | 28.58% | 24.14% | 21.44% | 21.41% | 21.91% | 20.66% | 23.04% | 22.73% | 27.89% | 25.17% | 25.46% | 27.41% | 27.42% | 31.31% | 24.44% | 27.05% | 19.66% | 17.69% | 16.39% | 15.22% |
Operating Margin | 12.33% | 6.74% | -0.65% | 3.00% | 4.18% | 2.53% | 3.62% | 3.22% | 8.78% | 0.07% | -0.58% | 5.15% | 5.72% | 14.69% | 2.74% | 6.91% | -10.46% | -7.32% | -4.69% | -10.51% |
Profit Margin | 10.69% | 6.65% | 0.40% | 3.25% | 5.00% | 3.67% | 1.83% | 5.18% | 8.10% | 2.64% | 3.31% | 6.50% | 6.72% | 13.55% | 2.25% | 4.11% | -13.56% | -4.92% | -5.23% | -9.75% |
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% |
EBITDA | 3,214 | 1,474 | 212.1 | 977.88 | 1,306 | 803.99 | 1,403 | 929.46 | 2,261 | 335.53 | 237.1 | 1,269 | 1,466 | 3,321 | 848.83 | 1,589 | -1,057 | -563.28 | -432.48 | -1,557 |
EBITDA Margin | 13.10% | 7.80% | 0.96% | 4.24% | 5.02% | 3.45% | 4.51% | 4.12% | 9.68% | 2.05% | 1.17% | 7.13% | 7.52% | 16.38% | 5.07% | 9.03% | -7.67% | -4.49% | -2.43% | -8.61% |
D&A For EBITDA | 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 |
EBIT | 3,026 | 1,273 | -143.51 | 692.49 | 1,088 | 590.57 | 1,126 | 726.96 | 2,052 | 11.85 | -117.68 | 916.46 | 1,114 | 2,978 | 459.2 | 1,216 | -1,442 | -917.97 | -834.43 | -1,903 |
EBIT Margin | 12.33% | 6.74% | -0.65% | 3.00% | 4.18% | 2.53% | 3.62% | 3.22% | 8.78% | 0.07% | -0.58% | 5.15% | 5.72% | 14.69% | 2.74% | 6.91% | -10.46% | -7.32% | -4.69% | -10.51% |
Effective Tax Rate | 26.56% | 31.48% | 70.51% | 42.43% | 23.95% | 38.15% | 64.15% | 30.10% | 30.88% | 48.49% | 12.03% | 29.99% | 17.38% | 29.09% | 62.91% | 38.03% | - | - | - | - |
Revenue as Reported | 24,539 | 18,892 | 22,189 | 23,052 | 26,011 | 23,328 | 31,125 | 22,585 | 23,370 | 16,377 | 20,204 | 17,811 | 19,484 | 20,278 | 16,747 | 17,597 | 13,777 | 12,548 | 17,786 | 18,096 |