KE Holdings (BEKE) Gross Margin (2019 - 2026)
KE Holdings (BEKE) posted Gross Margin of 28.58% for Q2 2026, up 6.67 percentage points from 21.91% a year earlier and up 4.44 percentage points from the prior quarter.
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Analysis
KE Holdings (BEKE) Gross Margin (2019 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Gross Margin at KE Holdings was 24.03%, up 1.88 percentage points year-over-year; for FY2025, it came in at 21.37%, down 3.18 percentage points from FY2024.
- Annual Gross Margin shows a five-year change of -2.55 percentage points (FY2020 to FY2025).
- In prior years, KE Holdings' Gross Margin was 24.55% in FY2024 (-3.37 pp), 27.92% in FY2023 (+5.21 pp), 22.71% in FY2022 (+3.12 pp) and 19.59% in FY2021 (-4.33 pp).
- The Q2 2026 figure stands as the highest quarterly Gross Margin since Q1 2023.
- On a year-over-year basis, Gross Margin increased in two of the last eight quarters, with an average year-over-year change of -1.29 percentage points.
- The strongest year-over-year quarter for Gross Margin in the past five years was Q1 2023, with a gain of 13.62 percentage points; the weakest was Q4 2021, with a drop of 7.54 percentage points.
- According to Business Quant data, Gross Margin for the three prior quarters was 24.14% (Q1 2026), 21.44% (Q4 2025) and 21.41% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Cbre | 37.92 Bn | 31.69 Bn | 2.09 Bn | 18.58% |
| 2 | KE Holdings | 37.35 Bn | 18.06 Bn | 1.03 Bn | 28.58% |
| 3 | Jones Lang Lasalle | 14.31 Bn | 12.53 Bn | - | - |
| 4 | Compass | 6.79 Bn | 5.25 Bn | - | - |
| 5 | Colliers International | 4.60 Bn | 3.67 Bn | 635.11 Mn | 40.39% |
| 6 | Cushman & Wakefield | 2.75 Bn | 233.71 Mn | 512.00 Mn | 18.53% |
| 7 | Newmark | 1.99 Bn | 1.36 Bn | - | - |
| 8 | Marcus & Millichap | 1.10 Bn | 195.57 Mn | - | - |
| 9 | Agnt | 593.27 Mn | 122.95 Mn | 98.80 Mn | 6.82% |
| 10 | Rmr | 587.71 Mn | 512.17 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 28.58% |
| 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% |
API Access
KE Holdings Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=BEKE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "BEKE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=BEKE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();