KE Holdings (BEKE) Gross Margin (2019 - 2026)

KE Holdings (BEKE) reported Gross Margin of 24.14% for Q1 2026, up 347.0% on a YoY basis from 5.4% in Q1 2025, and up 12.6% sequentially from 21.44% in Q4 2025.

KE Holdings (BEKE) Gross Margin (2019 - 2026) Analysis & Trends

KE Holdings (BEKE) has 8 years of Gross Margin data on file, last reported at 24.14% in Q1 2026.

  • For the quarter ending Q1 2026, Gross Margin rose 347.0% year-over-year to 24.14%; the trailing twelve-month figure through Mar 2026 stood at 22.14% (down 140.0% YoY), and the FY2025 full-year result was 21.37%, down 318.0% from the prior year.
  • Gross Margin climbed to 24.14% in Q1 2026, from 21.44% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 31.31% in Q1 2023 to a low of 17.69% in Q1 2022.
  • A 5-year average of 24.05% and a median of 24.14% in 2026 frame the typical range for Gross Margin.
  • Across the five-year window, Gross Margin soared 1362 bps in 2023 and tumbled 614 bps in 2024, its largest moves.
  • Tracing BEKE's Gross Margin over 5 years: stood at 24.44% in 2022, then grew by 4 bps to 25.46% in 2023, then dropped by 10 bps to 23.04% in 2024, then fell by 7 bps to 21.44% in 2025, then increased by 13 bps to 24.14% in 2026.
  • Business Quant data shows BEKE's Gross Margin at 24.14% in Q1 2026, 21.44% in Q4 2025, and 21.41% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Colliers International 4,798.15 Bn 4,797.86 Bn - -
2 IHS Holding 60.96 Bn 61.13 Bn 231.80 55.80%
3 KE Holdings 53.48 Bn 50.59 Bn 661.06 Mn 24.14%
4 Cbre 39.71 Bn 39.92 Bn 1.85 Bn 17.59%
5 Jones Lang Lasalle 14.96 Bn 14.65 Bn - -
6 Costar 11.08 Bn 9.80 Bn 701.00 Mn 78.15%
7 Compass 7.92 Bn 7.44 Bn 2.31 Bn 85.28%
8 FirstService 6.01 Bn 6.28 Bn 480.66 Mn 33.17%
9 Opendoor Technologies 3.69 Bn 2.69 Bn 72.00 Mn 10.00%
10 Cushman & Wakefield 2.90 Bn 2.30 Bn 420.70 Mn 16.59%

Historic Data

Download Data
DateValue
Mar 31, 2026 24.14%
Dec 31, 2025 21.44%
Sep 30, 2025 21.41%
Jun 30, 2025 21.91%
Mar 31, 2025 20.67%
Dec 31, 2024 23.04%
Sep 30, 2024 22.74%
Jun 30, 2024 27.89%
Mar 31, 2024 25.17%
Dec 31, 2023 25.46%
Sep 30, 2023 27.40%
Jun 30, 2023 27.42%
Mar 31, 2023 31.31%
Dec 31, 2022 24.44%
Sep 30, 2022 27.05%
Jun 30, 2022 19.66%
Mar 31, 2022 17.69%
Dec 31, 2021 16.39%
Sep 30, 2021 15.22%
Jun 30, 2021 22.06%