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

KE Holdings has disclosed Gross Margin across 8 years of filings, most recently posting 24.14% for Q1 2026.

• Gross Margin for Q1 2026 came in at 24.14%, up 347.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 22.14% (down 140.0% YoY), and the FY2025 annual result was 21.37%, down 318.0% from the prior year.
• Gross Margin came in at 24.14% for Q1 2026 at KE Holdings, up 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.
• The 5-year median for Gross Margin is 24.14% (2026), against an average of 24.05%.
• Across the five-year window, Gross Margin soared 1362 bps in 2023 and sank 614 bps in 2024, its largest moves.
• KE Holdings' Gross Margin stood at 24.44% in 2022, then increased by 4 bps to 25.46% in 2023, then declined by 10 bps to 23.04% in 2024, then retreated by 7 bps to 21.44% in 2025, then rose by 13 bps to 24.14% in 2026.
• The last three Gross Margin figures came in at 24.14% (Q1 2026), 21.44% (Q4 2025), and 21.41% (Q3 2025), per Business Quant data.