What is BEKE revenue?

KE Holdings Inc (BEKE) reported CN¥94.58B of revenue for fiscal 2025 (ended Dec 31, 2025). That is up 1.2% from the year before.

Yes. KE Holdings Inc earned CN¥2.99B in net income for fiscal 2025 (ended Dec 31, 2025), a net margin of 3.2%.

How much cash and debt does BEKE have?

KE Holdings Inc reported CN¥7.77B in cash and cash equivalents and CN¥390.63M of debt on its most recent balance sheet in SEC filings.

How fast is BEKE revenue growing?

KE Holdings Inc's revenue changed +1.2% in fiscal 2025, to CN¥94.58B. Its compound annual growth rate was +6.1% over 5 years.

What is BEKE gross margin?

KE Holdings Inc's gross profit was CN¥20.21B on CN¥94.58B of revenue for fiscal 2025 (ended Dec 31, 2025), a gross margin of 21.4%.

What is BEKE free cash flow?

KE Holdings Inc generated -CN¥983.90M of free cash flow for fiscal 2025 (ended Dec 31, 2025), which is operating cash flow of -CN¥376.17M less capital expenditures.

What is BEKE earnings per share?

Diluted earnings per share were CN¥0.86 for fiscal 2025 (ended Dec 31, 2025), from SEC filings, restated for any stock split those filings show.

When did BEKE last report financial results?

The latest statements here come from KE Holdings Inc's 20-F filed on Apr 24, 2026, covering the period ended Dec 31, 2025.

Where does this BEKE financial data come from?

Quantisnow builds these statements from the structured XBRL data KE Holdings Inc files with the SEC. It is provided for information only and is not investment advice.

Financials · BEKE

KE Holdings Inc (BEKE) financials

For fiscal 2025 (ended Dec 31, 2025), KE Holdings Inc reported CN¥94.58B of revenue and CN¥2.99B of net income. Figures are in CNY, the currency of its SEC filings.

Revenue, FY2025: CN¥94.58B
Revenue growth, YoY: +1.2%
Net income, FY2025: CN¥2.99B
Net income growth, YoY: -26.3%
Net margin: 3.2%
Free cash flow, FY2025: -CN¥983.90M
EPS, diluted, FY2025: CN¥0.86
EPS growth, YoY: -25.2%
Cash: CN¥7.77B
Total debt: CN¥390.63M

Annual revenueCN¥94.58B

FY2018FY2025

Annual net incomeCN¥2.99B

FY2018FY2025

Annual free cash flow-CN¥983.90M

FY2018FY2025

BEKE revenue and earnings growth

BEKE revenueFY2025CN¥94.58B

FY YoY: +1.2%
5Y CAGR: +6.1%

BEKE revenue was CN¥94.58B for fiscal 2025 (ended Dec 31, 2025), up 1.2% from fiscal 2024. Compound annual growth was +6.1% over 5 years. It rose in 6 of the last 7 fiscal years. Fiscal 2025 is the highest of the 8 fiscal years on file.

BEKE net incomeFY2025CN¥2.99B

FY YoY: -26.3%
5Y CAGR: +1.5%

BEKE net income was CN¥2.99B for fiscal 2025 (ended Dec 31, 2025), down 26.3% from fiscal 2024. Compound annual growth was +1.5% over 5 years.

BEKE EPSFY2025CN¥0.86

FY YoY: -25.2%

BEKE diluted EPS was CN¥0.86 for fiscal 2025 (ended Dec 31, 2025), down 25.2% from fiscal 2024.

BEKE free cash flowFY2025-CN¥983.90M

BEKE free cash flow was -CN¥983.90M for fiscal 2025 (ended Dec 31, 2025), compared with CN¥8.41B in fiscal 2024.

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Income statement

Income statement
Line item	FY2025 Dec 31, 2025	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022	FY2021 Dec 31, 2021	FY2020 Dec 31, 2020	FY2019 Dec 31, 2019	FY2018 Dec 31, 2018
Revenue	CN¥94.58B	CN¥93.46B	CN¥77.78B	CN¥60.67B	CN¥80.75B	CN¥70.48B	CN¥46.01B	CN¥28.65B
Cost of revenue	CN¥74.37B	CN¥70.51B	CN¥56.06B	CN¥46.89B	CN¥64.93B	CN¥53.62B	CN¥34.75B	CN¥21.78B
Gross profit	CN¥20.21B	CN¥22.94B	CN¥21.72B	CN¥13.78B	CN¥15.82B	CN¥16.86B	CN¥11.27B	CN¥6.87B
Research and development	CN¥2.58B	CN¥2.28B	CN¥1.94B	CN¥2.55B	CN¥3.19B	CN¥2.48B	CN¥1.57B	CN¥670.92M
Selling, general and admin	CN¥8.08B	CN¥8.96B	CN¥8.24B	CN¥7.35B	CN¥8.92B	CN¥7.59B	CN¥8.38B	CN¥4.93B
Operating income	CN¥2.11B	CN¥3.76B	CN¥4.80B	-CN¥832.91M	-CN¥1.35B	CN¥2.84B	-CN¥1.79B	-CN¥1.22B
Interest expense	CN¥6.75M	CN¥12.65M	CN¥17.24M	CN¥14.05M	CN¥6.11M	CN¥188.36M	CN¥181.10M	CN¥43.52M
Pre-tax income	CN¥4.68B	CN¥6.87B	CN¥7.88B	CN¥292.29M	CN¥1.14B	CN¥4.39B	-CN¥1.28B	-CN¥499.06M
Income tax	CN¥1.69B	CN¥2.79B	CN¥1.99B	CN¥1.69B	CN¥1.67B	CN¥1.61B	CN¥904.36M	-CN¥71.38M
Net income	CN¥2.99B	CN¥4.06B	CN¥5.88B	-CN¥1.39B	-CN¥524.13M	CN¥2.78B	-CN¥2.18B	-CN¥467.82M
EPS, basic	CN¥0.90	CN¥1.19	CN¥1.67	-CN¥0.39	-CN¥0.15	CN¥0.32	-CN¥2.94	-CN¥1.75
EPS, diluted	CN¥0.86	CN¥1.15	CN¥1.63	-CN¥0.39	-CN¥0.15	CN¥0.32	-CN¥2.94	-CN¥1.75
Diluted shares	3.47B	3.54B	3.61B	3.57B	3.55B	2.27B	1.38B	1.36B

Balance sheet

Balance sheet
Line item	FY2025 Dec 31, 2025	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022	FY2021 Dec 31, 2021	FY2020 Dec 31, 2020	FY2019 Dec 31, 2019	FY2018 Dec 31, 2018
Cash and equivalents	CN¥7.77B	CN¥11.44B	CN¥19.63B	CN¥19.41B	CN¥20.45B	CN¥40.97B	CN¥49.54B	CN¥9.12B
Short-term investments	CN¥39.58B	CN¥41.32B	CN¥34.26B	CN¥35.49B	CN¥29.40B	CN¥15.69B	CN¥1.84B	-
Receivables	CN¥3.09B	CN¥5.30B	CN¥3.02B	CN¥4.08B	CN¥9.32B	CN¥13.18B	CN¥8.09B	-
Inventory	CN¥2.85B	CN¥1.61B	CN¥304.21M	CN¥127.56M	CN¥19.04M	-	-	-
Current assets	CN¥68.12B	CN¥76.60B	CN¥69.75B	CN¥70.42B	CN¥69.93B	CN¥87.54B	CN¥51.91B	-
Goodwill	CN¥4.66B	CN¥4.78B	CN¥4.86B	CN¥4.93B	CN¥1.81B	CN¥2.47B	CN¥2.48B	CN¥1.14B
Total assets	CN¥116.67B	CN¥133.15B	CN¥120.33B	CN¥109.35B	CN¥100.32B	CN¥104.30B	CN¥67.27B	-
Current liabilities	CN¥42.41B	CN¥52.74B	CN¥39.52B	CN¥33.34B	CN¥28.94B	CN¥33.63B	CN¥27.80B	-
Short-term debt	-	CN¥288.28M	CN¥290.45M	-	-	-	-	-
Total debt	CN¥390.63M	CN¥288.28M	-	-	-	-	-	-
Total liabilities	CN¥50.14B	CN¥61.70B	CN¥48.13B	CN¥40.29B	CN¥33.26B	CN¥37.50B	CN¥35.73B	-
Shareholders' equity	CN¥66.44B	CN¥71.32B	CN¥72.20B	CN¥69.05B	CN¥67.06B	CN¥66.79B	-CN¥8.84B	-CN¥7.80B

Cash flow

Cash flow
Line item	FY2025 Dec 31, 2025	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022	FY2021 Dec 31, 2021	FY2020 Dec 31, 2020	FY2019 Dec 31, 2019	FY2018 Dec 31, 2018
Operating cash flow	-CN¥376.17M	CN¥9.45B	CN¥11.41B	CN¥8.52B	CN¥3.60B	CN¥9.36B	CN¥112.63M	CN¥3.22B
Capital expenditures	CN¥607.73M	CN¥1.04B	CN¥873.99M	CN¥793.03M	CN¥1.43B	CN¥887.00M	CN¥703.01M	CN¥542.85M
Free cash flow	-CN¥983.90M	CN¥8.41B	CN¥10.54B	CN¥7.73B	CN¥2.17B	CN¥8.47B	-CN¥590.38M	CN¥2.67B
Investing cash flow	CN¥5.89B	-CN¥9.38B	-CN¥3.98B	-CN¥8.47B	-CN¥24.88B	-CN¥14.98B	-CN¥3.87B	CN¥2.61B
Financing cash flow	-CN¥9.79B	-CN¥5.79B	-CN¥7.22B	-CN¥1.21B	-CN¥1.07B	CN¥25.41B	CN¥23.03B	-CN¥1.28B
Dividends paid	CN¥2.88B	CN¥2.83B	CN¥1.43B	-	-	-	-	-
Share repurchases	CN¥6.58B	CN¥5.10B	CN¥5.15B	CN¥1.32B	-	-	CN¥207.15M	-
Stock-based compensation	CN¥1.90B	CN¥2.73B	CN¥3.22B	CN¥2.43B	CN¥1.54B	CN¥2.25B	CN¥2.96B	CN¥382.20M

Key ratios

Key ratios
Line item	FY2025 Dec 31, 2025	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022	FY2021 Dec 31, 2021	FY2020 Dec 31, 2020	FY2019 Dec 31, 2019	FY2018 Dec 31, 2018
Revenue growth, YoY	1.2%	20.2%	28.2%	-24.9%	14.6%	53.2%	60.6%	-
Net income growth, YoY	-26.3%	-30.9%	-	-	-	-	-	-
EPS growth, YoY	-25.2%	-29.4%	-	-	-	-	-	-
Gross margin	21.4%	24.6%	27.9%	22.7%	19.6%	23.9%	24.5%	24.0%
Operating margin	2.2%	4.0%	6.2%	-1.4%	-1.7%	4.0%	-3.9%	-4.3%
Net margin	3.2%	4.3%	7.6%	-2.3%	-0.6%	3.9%	-4.7%	-1.6%
Free cash flow margin	-1.0%	9.0%	13.6%	12.7%	2.7%	12.0%	-1.3%	9.3%
Return on equity	4.5%	5.7%	8.1%	-2.0%	-0.8%	4.2%	-	-
Return on assets	2.6%	3.1%	4.9%	-1.3%	-0.5%	2.7%	-3.2%	-
Current ratio	1.61	1.45	1.76	2.11	2.42	2.60	1.87	-
Debt to equity	0.01	0.00	-	-	-	-	-	-

Source: XBRL data KE Holdings Inc files with the SEC, latest filing dated Apr 24, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

Foreign private issuers file annual reports with the SEC, so there are no quarterly statements here.

BEKE peers

Company	Revenue	Growth	Net income	Net margin	Market cap
BEKE	CN¥94.58B	+1.2%	CN¥2.99B	3.2%	$20.78B
CBRECBRE Group Inc	$45.01B	+14.8%	$1.38B	3.1%	$39.82B
JLLJones Lang LaSalle Incorporated	$28.20B	+11.4%	$1.10B	3.9%	$17.36B
INVHInvitation Homes Inc.	$2.90B	+7.2%	$682.40M	23.5%	$15.67B
CSGPCoStar Group Inc.	$3.67B	+20.2%	$179.00M	4.9%	$12.57B
COMPCompass Inc.	$12.61B	+89.8%	$133.50M	1.1%	$8.17B
TRNOTerreno Realty Corporation	$518.86M	+17.2%	$353.32M	68.1%	$7.43B
FSVFirstService Corporation	$5.50B	+5.4%	$145.05M	2.6%	$6.58B
CIGIColliers International Group Inc. Subordinate Voting Shares	$5.56B	+15.3%	$103.10M	1.9%	$4.89B

BEKE FAQ

9 questions

What is BEKE revenue?
KE Holdings Inc (BEKE) reported CN¥94.58B of revenue for fiscal 2025 (ended Dec 31, 2025). That is up 1.2% from the year before.
Is BEKE profitable?
Yes. KE Holdings Inc earned CN¥2.99B in net income for fiscal 2025 (ended Dec 31, 2025), a net margin of 3.2%.
How much cash and debt does BEKE have?
KE Holdings Inc reported CN¥7.77B in cash and cash equivalents and CN¥390.63M of debt on its most recent balance sheet in SEC filings.
How fast is BEKE revenue growing?
KE Holdings Inc's revenue changed +1.2% in fiscal 2025, to CN¥94.58B. Its compound annual growth rate was +6.1% over 5 years.
What is BEKE gross margin?
KE Holdings Inc's gross profit was CN¥20.21B on CN¥94.58B of revenue for fiscal 2025 (ended Dec 31, 2025), a gross margin of 21.4%.
What is BEKE free cash flow?
KE Holdings Inc generated -CN¥983.90M of free cash flow for fiscal 2025 (ended Dec 31, 2025), which is operating cash flow of -CN¥376.17M less capital expenditures.
What is BEKE earnings per share?
Diluted earnings per share were CN¥0.86 for fiscal 2025 (ended Dec 31, 2025), from SEC filings, restated for any stock split those filings show.
When did BEKE last report financial results?
The latest statements here come from KE Holdings Inc's 20-F filed on Apr 24, 2026, covering the period ended Dec 31, 2025.
Where does this BEKE financial data come from?
Quantisnow builds these statements from the structured XBRL data KE Holdings Inc files with the SEC. It is provided for information only and is not investment advice.