KE Holdings (BEKE) Cost of Revenue (2019 - 2026)

KE Holdings has reported Cost of Revenue for 8 years, with the latest figure at $2.1 billion in Q1 2026.

• Quarterly Cost of Revenue fell 18.53% year-over-year to $2.1 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $9.9 billion (down 6.79% YoY) and the FY2025 annual result came in at $10.6 billion, up 10.08% from the prior year.
• Cost of Revenue declined to $2.1 billion in Q1 2026 per BEKE's latest filing, from $2.5 billion in the prior quarter.
• Over five years, Cost of Revenue peaked at $3.3 billion in Q4 2024 and troughed at $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.
• The sharpest annual moves came in 2022 and 2024: Cost of Revenue plunged 43.37% in 2022, then soared 54.72% in 2024.
• Over 5 years, Cost of Revenue stood at $1.8 billion in 2022, then gained by 15.62% to $2.1 billion in 2023, then jumped by 54.72% to $3.3 billion in 2024, then declined by 25.11% to $2.5 billion in 2025, then decreased by 15.47% to $2.1 billion in 2026.
• According to Business Quant data, Cost of Revenue over the past three periods registered $2.1 billion, $2.5 billion, and $2.5 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.