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

KE Holdings has disclosed Cost of Revenue across 8 years of filings, most recently posting $156.9 million for Q1 2026.

• Cost of Revenue for Q1 2026 came in at $156.9 million, down 35.79% year-over-year; the trailing twelve-month figure through Mar 2026 was $940.5 million (down 14.49% YoY), and the FY2025 annual result was $1.0 billion, down 89.15% from the prior year.
• Cost of Revenue came in at $156.9 million for Q1 2026 at KE Holdings, down from $276.0 million in the prior quarter.
• In the past five years, Cost of Revenue ranged from a high of $321.1 million in Q4 2024 to a low of $135.8 million in Q1 2022.
• The 5-year median for Cost of Revenue is $227.5 million (2023), against an average of $227.7 million.
• Across the five-year window, Cost of Revenue jumped 52.2% in 2022 and plunged 35.79% in 2026, its largest moves.
• KE Holdings' Cost of Revenue stood at $193.2 million in 2022, then soared by 51.64% to $293.0 million in 2023, then increased by 9.59% to $321.1 million in 2024, then fell by 14.05% to $276.0 million in 2025, then tumbled by 43.16% to $156.9 million in 2026.
• The last three Cost of Revenue figures came in at $156.9 million (Q1 2026), $276.0 million (Q4 2025), and $242.7 million (Q3 2025), per Business Quant data.