KE Holdings operates Beike, China’s leading integrated online-offline platform for housing transactions and related services. It connects agents, brokerages and consumers for existing-home and new-home sales, leasing and home-related value-added services. The model combines a large agent network with digital tools for listings, transactions and quality control in the Chinese residential market.
| Quarter | Revenue | YoY % | Earnings | YoY % |
|---|---|---|---|---|
| Q1 2025 | 23,328.3 | — | 855.8 | — |
| Q2 2025 | 26,010.6 | — | 1,301.1 | — |
| Q3 2025 | 23,052.5 | — | 749.3 | — |
| Q4 2025 | 22,188.8 | — | 87.8 | — |
| Q1 2026 | 18,892 | -19% | 1,255.5 | 46.7% |
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