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Ke Holdings Inc (BEKE) Financial History

20 years of revenue, earnings, cash-flow and balance-sheet history from public filings.

REAL ESTATE · REAL ESTATE SERVICES · DATA UPDATED 2026-09-12

Ke Holdings Inc (BEKE) operates in the REAL ESTATE SERVICES industry and is headquartered in Beijing, China with about 107,409 employees. Its market capitalization is roughly $18 billion. In the fiscal year ended 2025-12-31, BEKE reported CNY 94.6B in revenue and CNY 3.0B in net income.

KE Holdings Inc., through its subsidiaries, engages in operating an integrated online and offline platform for housing transactions and services in the People's Republic of China.

Interactive charts & full statements → Open the BEKE valuation workbench →

BEKE Revenue & Earnings History — Annual Income Statement

Income statement	TTM → 2026-06-30	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31
Total Revenue	CNY 88.3B	CNY 94.6B	CNY 93.5B	CNY 77.8B	CNY 60.7B	CNY 80.8B	CNY 70.5B	CNY 46.0B	CNY 28.6B	CNY 25.5B
Gross Profit	CNY 21.2B	CNY 20.2B	CNY 22.9B	CNY 21.7B	CNY 13.8B	CNY 15.8B	CNY 16.9B	CNY 11.3B	CNY 6.9B	CNY 4.8B
Gross Margin %	24.0%	21.4%	24.6%	27.9%	22.7%	19.6%	23.9%	24.5%	24.0%	18.7%
Operating Income (EBIT)	CNY 4.8B	CNY 2.8B	CNY 4.6B	CNY 5.7B	(CNY 16M)	CNY 452M	CNY 2.8B	(CNY 1.8B)	(CNY 1.2B)	(CNY 764M)
Operating Margin %	5.5%	3.0%	5.0%	7.3%	-0.0%	0.6%	4.0%	-3.9%	-4.2%	-3.0%
Net Income	CNY 4.7B	CNY 3.0B	CNY 4.1B	CNY 5.9B	(CNY 1.4B)	(CNY 524M)	CNY 2.8B	(CNY 2.2B)	(CNY 468M)	(CNY 574M)
Net Margin %	5.3%	3.2%	4.3%	7.6%	-2.3%	-0.7%	3.9%	-4.8%	-1.6%	-2.2%
EBITDA	CNY 6.8B	CNY 5.8B	CNY 7.9B	CNY 9.3B	CNY 1.8B	CNY 2.5B	CNY 5.8B	(CNY 55M)	CNY 337M	CNY 717M
Earnings Per Share (EPS)	CNY 4.17	CNY 2.59	CNY 3.45	CNY 4.89	CNY -1.17	CNY -0.44	CNY 2.39	CNY -1.91	CNY -0.39	CNY -0.50
Shares Outstanding (M)	1,118M	1,157M	1,179M	1,204M	1,190M	1,183M	1,161M	1,143M	1,189M	1,143M

CNY; CNYM / CNYB as marked (reporting currency). Newest period first. Source: public company filings (via Yahoo Finance aggregation).

BEKE Quarterly Revenue & Earnings — Last 8 Quarters

Quarterly income statement	2026-06-30	2026-03-31	2025-12-31	2025-09-30	2025-06-30	2025-03-31	2024-12-31	2024-09-30
Total Revenue	CNY 24.5B	CNY 18.9B	CNY 21.9B	CNY 23.1B	CNY 26.0B	CNY 23.3B	CNY 31.1B	CNY 22.6B
Gross Profit	CNY 7.0B	CNY 4.6B	CNY 4.7B	CNY 4.9B	CNY 5.7B	CNY 4.8B	CNY 7.2B	CNY 5.1B
Gross Margin %	28.6%	24.1%	21.4%	21.4%	21.9%	20.7%	23.0%	22.7%
Operating Income (EBIT)	CNY 3.0B	CNY 1.3B	(CNY 142M)	CNY 692M	CNY 1.4B	CNY 591M	CNY 1.0B	CNY 727M
Operating Margin %	12.3%	6.7%	-0.7%	3.0%	5.4%	2.5%	3.2%	3.2%
Net Income	CNY 2.6B	CNY 1.3B	CNY 87M	CNY 749M	CNY 1.3B	CNY 856M	CNY 570M	CNY 1.2B
Net Margin %	10.7%	6.7%	0.4%	3.2%	5.0%	3.7%	1.8%	5.2%
EBITDA	CNY 3.2B	CNY 1.8B	CNY 209M	CNY 1.6B	CNY 2.7B	CNY 1.6B	CNY 1.4B	CNY 1.9B
Earnings Per Share (EPS)	CNY 2.34	CNY 1.11	CNY 0.08	CNY 0.65	CNY 1.11	CNY 0.73	CNY 0.49	CNY 1.00
Shares Outstanding (M)	1,118M	1,134M	1,138M	1,150M	1,169M	1,174M	1,175M	1,175M

CNY; CNYM / CNYB as marked (reporting currency). Newest period first. Source: public company filings (via Yahoo Finance aggregation).

BEKE Free Cash Flow History

Cash flow	TTM → 2026-06-30	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31
Cash from Operations (CFO)	CNY 7.8B	(CNY 366M)	CNY 9.4B	CNY 11.2B	CNY 8.5B	CNY 3.6B	CNY 9.4B	CNY 113M	CNY 3.2B	(CNY 6.5B)
Capital Expenditures (CapEx)	CNY 8.4B	CNY 591M	CNY 1.0B	CNY 874M	CNY 793M	CNY 1.4B	CNY 887M	CNY 703M	CNY 543M	CNY 575M
Free Cash Flow (FCF)	(CNY 560M)	(CNY 957M)	CNY 8.4B	CNY 10.3B	CNY 7.7B	CNY 2.2B	CNY 8.5B	(CNY 590M)	CNY 2.7B	(CNY 7.0B)
FCF Margin %	-0.6%	-1.0%	9.0%	13.2%	12.6%	2.7%	12.0%	-1.3%	9.3%	-27.6%
Dividends Paid	—	CNY 2.8B	CNY 2.8B	CNY 1.4B	CNY 56M	CNY 77M	CNY 39M	CNY 28.0B	CNY 0M	CNY 127M

CNY; CNYM / CNYB as marked (reporting currency). Newest period first. Source: public company filings (via Yahoo Finance aggregation).

BEKE Quarterly Free Cash Flow — Last 8 Quarters

Quarterly cash flow	2026-06-30	2026-03-31	2025-12-31	2025-09-30	2025-06-30	2025-03-31	2024-12-31	2024-09-30
Cash from Operations (CFO)	CNY 6.5B	(CNY 1.5B)	CNY 1.9B	CNY 851M	CNY 826M	(CNY 4.0B)	CNY 5.2B	CNY 449M
Capital Expenditures (CapEx)	CNY 6.5B	CNY 1.9B	CNY 0M	CNY 0M	CNY 482M	CNY 1.0B	CNY 0M	CNY 0M
Free Cash Flow (FCF)	CNY 0M	(CNY 3.3B)	CNY 1.9B	CNY 851M	CNY 344M	(CNY 5.0B)	CNY 5.2B	CNY 449M
FCF Margin %	0.0%	-17.6%	8.7%	3.7%	1.3%	-21.4%	16.7%	2.0%
Dividends Paid	CNY 2.1B	—	—	—	CNY 2.9B	CNY 2.8B	—	—

CNY; CNYM / CNYB as marked (reporting currency). Newest period first. Source: public company filings (via Yahoo Finance aggregation).

BEKE Balance Sheet History

Balance sheet	2026-06-30	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31
Total Assets	CNY 112.4B	CNY 116.7B	CNY 133.1B	CNY 120.3B	CNY 109.3B	CNY 100.3B	CNY 104.3B	CNY 67.3B	CNY 38.9B	CNY 31.6B
Cash & Cash Equivalents	CNY 16.4B	CNY 7.8B	CNY 11.4B	CNY 19.6B	CNY 19.4B	CNY 20.4B	CNY 41.0B	CNY 24.3B	CNY 9.1B	CNY 5.2B
Total Liabilities	CNY 46.8B	CNY 50.1B	CNY 61.7B	CNY 48.1B	CNY 40.3B	CNY 33.3B	CNY 37.5B	CNY 35.7B	CNY 24.0B	CNY 19.1B
Total Debt (Short + Long-Term)	CNY 9.6B	CNY 11.8B	CNY 14.0B	CNY 9.7B	CNY 5.6B	CNY 3.2B	CNY 4.2B	CNY 10.1B	CNY 3.2B	CNY 3.1B
Total Shareholders' Equity	CNY 65.5B	CNY 66.4B	CNY 71.3B	CNY 72.1B	CNY 68.9B	CNY 67.0B	CNY 66.8B	CNY 31.4B	CNY 14.8B	CNY 12.4B

CNY; CNYM / CNYB as marked (reporting currency). Newest period first. Source: public company filings (via Yahoo Finance aggregation).

Quarterly statements, profitability ratios, price history, insider activity and institutional holders are in the interactive BEKE viewer.

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CWK · Cushman & Wakefield plc — $3 billion
IHS · IHS Holding Ltd — $3 billion
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