KE Holdings revenue and financials
$44.16Change from previous close: +1.24%Absolute change: +$0.54
In the fiscal year ended December 2025, KE Holdings reported revenue of ¥94.58B (+1.20% year over year). Net income was ¥2.99B, a net margin of 3.2%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +1.20%
- 2025 vs 2024
- Net income growth
- −26.35%
- 2025 vs 2024
- Net margin
- 3.2%
- 2024: 4.3%
Financial data
Amounts in millions of CNY; per-share values in CNY; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Operating cash flow | -376 | 9,447 | 11,414 | 8,519 | — |
| Depreciation and amortization | 1,072 | 1,012 | 1,402 | 1,503 | — |
| Capital expenditure | -608 | -1,037 | -874 | -793 | — |
| Investing cash flow | 5,894 | -9,378 | -3,977 | -8,472 | — |
| Financing cash flow | -9,793 | -5,795 | -7,218 | -1,213 | — |
| Dividends paid | -2,881 | -2,831 | -1,426 | 0.0 | — |
| Share repurchases | -6,581 | -5,101 | -5,151 | -1,320 | — |
| Debt issued | 2,208 | 606 | 427 | 892 | — |
| Debt repaid | -1,270 | -608 | -756 | -728 | — |
| Effect of exchange rates | -82.6 | 169 | 44.6 | 28.6 | — |
| Net change in cash | -4,275 | -5,726 | 219 | -1,167 | — |
| Free cash flow | -984 | 8,410 | 10,540 | 7,726 | — |