KE Holdings (BEKE) Net Margin (2019 - 2026)
KE Holdings' (BEKE) quarterly Net Margin came in at 6.92% in Q2 2026, up 429.0% year-over-year from 1.31% in Q2 2025, and down 18.86% quarter-over-quarter from 8.53% in Q1 2026.
Analysis
KE Holdings (BEKE) Net Margin (2019 - 2026) Analysis & Trends
KE Holdings has disclosed Net Margin across 8 years of filings, most recently posting 6.92% for Q2 2026.
- In Q2 2026, Net Margin rose 429.0% year-over-year to 6.92%; the TTM figure through Jun 2026 stood at 3.55% (up 116.0% YoY), while the FY2025 annual figure was 3.17%, down 157.0% from the prior year.
- Net Margin came in at 6.92% for Q2 2026 at KE Holdings, down from 8.53% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 17.62% in Q1 2023 to a low of 10.51% in Q2 2022.
- Average Net Margin over 5 years is 4.7%, with a median of 6.45% recorded in 2025.
- Year-over-year, Net Margin surged 2052 bps in 2022 and slumped 2259 bps in 2023.
- Over 5 years, Net Margin stood at 15.08% in 2022, then plunged by 150 bps to 7.51% in 2023, then soared by 38 bps to 4.67% in 2024, then plunged by 43 bps to 6.68% in 2025, then soared by 204 bps to 6.92% in 2026.
- Per Business Quant data, the three most recent Net Margin figures were 6.92% in Q2 2026, 8.53% in Q1 2026, and 6.68% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | KE Holdings | 18.53 Bn | 16.12 Bn | 1.03 Bn | 6.92% |
| 2 | Compass | 7.68 Bn | 6.98 Bn | 3.88 Bn | 1.90% |
| 3 | Agnt | 625.60 Mn | 414.54 Mn | 98.80 Mn | -0.19% |
| 4 | Re | 263.27 Mn | -411.62 Mn | - | -9.87% |
| 5 | Douglas Elliman | 147.43 Mn | 42.20 Mn | 59.19 Mn | -0.96% |
| 6 | Fathom Holdings | 19.79 Mn | 15.29 Mn | 113.03 Mn | -5.41% |
| 7 | Linkhome Holdings | 18.02 Mn | 12.66 Mn | 158,719.00 | -2.37% |
| 8 | reAlpha Tech | 8.00 Mn | 5.77 Mn | 732,947.00 | -278.10% |
| 9 | Real Messenger | 2.84 Mn | 2.84 Mn | - | - |
| 10 | Ohmyhome | 647,554.74 | -2.89 Mn | 1.64 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.92% |
| Mar 31, 2026 | 8.53% |
| Dec 31, 2025 | -6.68% |
| Sep 30, 2025 | 5.59% |
| Jun 30, 2025 | 2.64% |
| Mar 31, 2025 | 5.97% |
| Dec 31, 2024 | -4.67% |
| Sep 30, 2024 | 7.90% |
| Jun 30, 2024 | 4.66% |
| Mar 31, 2024 | 8.50% |
| Dec 31, 2023 | -7.51% |
| Sep 30, 2023 | 12.16% |
| Jun 30, 2023 | 7.39% |
| Mar 31, 2023 | 17.62% |
| Dec 31, 2022 | 15.08% |
| Sep 30, 2022 | 10.77% |
| Jun 30, 2022 | -10.51% |
| Mar 31, 2022 | 0.23% |
| Dec 31, 2021 | 0.26% |
| Sep 30, 2021 | -9.75% |