KE (ADR) (BEKE)
Connects China's home transactions, rentals, and renovations through Beike and Lianjia.
$16.55
vs last close+0.16 (+1.01%)
In millions of USD, except per-share figures · converted from CNY at the latest rate
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2,658 | 3,015 | 2,444 | 3,488 | 3,370 | 4,645 | 3,481 | 3,882 | 3,440 | 3,311 | 2,819 | 3,652 |
| Cost of revenue | 1,929 | 2,247 | 1,829 | 2,515 | 2,604 | 3,575 | 2,762 | 3,031 | 2,704 | 2,601 | 2,139 | 2,608 |
| Gross profit | 728 | 768 | 615 | 973 | 766 | 1,070 | 719 | 851 | 736 | 710 | 680 | 1,044 |
| 592 | 793 | 613 | 672 | 658 | 793 | 631 | 640 | 633 | 642 | 491 | 593 | |
| Research & development | 70 | 80 | 70 | 75 | 85 | 110 | 87 | 95 | 97 | 107 | 74 | 82 |
| 521 | 706 | 544 | 591 | 572 | 792 | 544 | 594 | 536 | 624 | 417 | 512 | |
| Selling & marketing | 243 | 310 | 242 | 281 | 289 | 350 | 265 | 283 | 258 | 288 | 161 | 209 |
| General & administrative | 278 | 395 | 301 | 310 | 284 | 442 | 280 | 311 | 279 | 336 | 256 | 302 |
| Other expenses | 1 | 8 | 0 | 5 | 0 | −109 | 0 | −49 | 0 | −90 | 0 | 0 |
| Operating income | 136 | −26 | 2 | 301 | 108 | 277 | 88 | 211 | 103 | 68 | 190 | 450 |
| 113 | 140 | 123 | 110 | 141 | −37 | 118 | 45 | 90 | −27 | 83 | 81 | |
| Interest income | 52 | 51 | 46 | 53 | 46 | 47 | 40 | 33 | 26 | 25 | 20 | 19 |
| Interest expense | 0 | 4 | 0 | 0 | 0 | 4 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other non-operating income | −1 | −458 | −123 | −5 | −141 | −334 | −118 | −166 | −90 | −277 | −83 | 0 |
| Income before tax | 249 | 114 | 125 | 410 | 249 | 240 | 206 | 256 | 194 | 42 | 273 | 532 |
| Income tax expense | 75 | 14 | 61 | 127 | 75 | 154 | 79 | 61 | 82 | 29 | 86 | 141 |
| Net income from continuing operations | 175 | 100 | 64 | 284 | 174 | 86 | 128 | 195 | 111 | 12 | 187 | 390 |
| Other adjustments | 0 | −1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |
| Net income | 173 | 99 | 64 | 282 | 175 | 85 | 128 | 194 | 112 | 13 | 187 | 390 |
| EPS, basic | $0.15 | $0.09 | $0.06 | $0.25 | $0.15 | $0.08 | $0.11 | $0.17 | $0.10 | $0.01 | $0.17 | $0.36 |
| EPS, diluted | $0.14 | $0.09 | $0.05 | $0.24 | $0.15 | $0.07 | $0.11 | $0.17 | $0.10 | $0.01 | $0.17 | $0.35 |
| Weighted average shares, basic | 1,164 | 1,150 | 1,147 | 1,135 | 1,127 | 1,154 | 1,121 | 1,169 | 1,105 | 1,093 | 1,092 | 1,078 |
| Weighted average shares, diluted | 1,190 | 1,186 | 1,181 | 1,175 | 1,175 | 1,175 | 1,174 | 1,169 | 1,150 | 1,138 | 1,134 | 1,118 |
| EBITDA | 189 | 485 | 173 | 337 | 280 | 652 | 238 | 409 | 236 | 398 | 273 | 478 |
| Depreciation & amortization | 53 | 53 | 48 | 31 | 30 | 41 | 32 | 33 | 43 | 53 | 0 | 28 |
| EBIT | 137 | 432 | 125 | 306 | 249 | 611 | 206 | 377 | 194 | 345 | 273 | 450 |