KE Holdings revenue and financials

2423 · HKEX · HKD

$44.16Change from previous close: +1.24%Absolute change: +$0.54

Close · October 7, 2026

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%.

Annual revenue · 2025: ¥94.58B
  1. ¥60.67B2022
  2. ¥77.78B2023
  3. ¥93.46B2024
  4. ¥94.58B2025

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.

Income statement · Quarterly
ItemQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025
Total revenue24,53918,89222,18923,05226,011
Cost of revenue17,52614,33217,43218,11720,311
Gross profit7,0144,5604,7564,9355,700
Selling, general and administrative3,4392,7954,1853,5943,979
Research and development549493715648633
Operating income3,3471,2734576921,088
EBIT4,1421,2732,3146921,088
EBITDA4,1421,2732,3146921,088
Pre-tax income3,5731,8322791,2971,718
Income tax949577197550411
Net income2,6231,25587.97491,301
Net income to common shareholders2,6231,25587.97491,301
Basic EPS0.810.380.030.230.39
Diluted EPS0.780.370.030.220.37
Average shares (basic)3,2353,2763,2783,3143,357
Average shares (diluted)3,3553,4033,4143,4513,507