KE Holdings (BEKE) Cost of Revenue (2019 - 2026)
KE Holdings (BEKE) reported Cost of Revenue of $2.1 billion for Q1 2026, down 18.53% on a YoY basis from $2.6 billion in Q1 2025, and down 15.47% sequentially from $2.5 billion in Q4 2025.
KE Holdings (BEKE) Cost of Revenue (2019 - 2026) Analysis & Trends
KE Holdings (BEKE) has 8 years of Cost of Revenue data on file, last reported at $2.1 billion in Q1 2026.
- For the quarter ending Q1 2026, Cost of Revenue fell 18.53% year-over-year to $2.1 billion; the trailing twelve-month figure through Mar 2026 stood at $9.9 billion (down 6.79% YoY), and the FY2025 full-year result was $10.6 billion, up 10.08% from the prior year.
- Cost of Revenue declined to $2.1 billion in Q1 2026, from $2.5 billion in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $3.3 billion in Q4 2024 to a low of $1.6 billion in Q1 2022.
- A 5-year average of $2.2 billion and a median of $2.1 billion in 2026 frame the typical range for Cost of Revenue.
- Across the five-year window, Cost of Revenue slumped 43.37% in 2022 and jumped 54.72% in 2024, its largest moves.
- Tracing BEKE's Cost of Revenue over 5 years: stood at $1.8 billion in 2022, then grew by 15.62% to $2.1 billion in 2023, then jumped by 54.72% to $3.3 billion in 2024, then decreased by 25.11% to $2.5 billion in 2025, then declined by 15.47% to $2.1 billion in 2026.
- Business Quant data shows BEKE's Cost of Revenue at $2.1 billion in Q1 2026, $2.5 billion in Q4 2025, and $2.5 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Colliers International | 5,213.63 Bn | 5,213.33 Bn | - | - |
| 2 | IHS Holding | 61.14 Bn | 60.16 Bn | 231.80 | 183.60 |
| 3 | KE Holdings | 54.38 Bn | 51.49 Bn | 661.06 Mn | 2.08 Bn |
| 4 | Cbre | 42.41 Bn | 42.28 Bn | 1.85 Bn | 8.68 Bn |
| 5 | Jones Lang Lasalle | 15.63 Bn | 15.20 Bn | - | - |
| 6 | Costar | 12.14 Bn | 10.82 Bn | 701.00 Mn | 196.00 Mn |
| 7 | Compass | 8.69 Bn | 8.20 Bn | 2.31 Bn | 398.00 Mn |
| 8 | FirstService | 6.41 Bn | 6.23 Bn | 480.66 Mn | 968.59 Mn |
| 9 | Opendoor Technologies | 3.66 Bn | 2.66 Bn | 72.00 Mn | 648.00 Mn |
| 10 | Cushman & Wakefield | 3.06 Bn | 2.46 Bn | 420.70 Mn | 2.12 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.08 Bn |
| Mar 31, 2026 | 2.08 Bn |
| Dec 31, 2025 | 2.46 Bn |
| Dec 31, 2025 | 2.46 Bn |
| Sep 30, 2025 | 2.54 Bn |
| Sep 30, 2025 | 2.54 Bn |
| Jun 30, 2025 | 2.84 Bn |
| Jun 30, 2025 | 2.84 Bn |
| Mar 31, 2025 | 2.55 Bn |
| Mar 31, 2025 | 2.55 Bn |
| Dec 31, 2024 | 3.28 Bn |
| Dec 31, 2024 | 3.28 Bn |
| Sep 30, 2024 | 2.49 Bn |
| Sep 30, 2024 | 2.49 Bn |
| Jun 30, 2024 | 2.32 Bn |
| Jun 30, 2024 | 2.32 Bn |
| Mar 31, 2024 | 1.70 Bn |
| Mar 31, 2024 | 1.70 Bn |
| Dec 31, 2023 | 2.12 Bn |
| Dec 31, 2023 | 2.12 Bn |