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

KE Holdings' (BEKE) quarterly Net Margin came in at 12.7% in Q1 2026, up 452.0% year-on-year from 2.3% in Q1 2025, and up 491.9% quarter-over-quarter from 2.14% in Q4 2025.

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

KE Holdings has disclosed Net Margin across 8 years of filings, most recently posting 12.7% for Q1 2026.

  • Net Margin for Q1 2026 came in at 12.7%, up 452.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 7.6% (up 381.0% YoY), and the FY2025 annual result was 3.17%, down 118.0% from the prior year.
  • Net Margin came in at 12.7% for Q1 2026 at KE Holdings, up from 2.14% in the prior quarter.
  • In the past five years, Net Margin ranged from a high of 17.56% in Q1 2023 to a low of 15.53% in Q4 2022.
  • The 5-year median for Net Margin is 8.13% (2024), against an average of 4.37%.
  • Across the five-year window, Net Margin tumbled 1577 bps in 2022 and soared 1734 bps in 2023, its largest moves.
  • KE Holdings' Net Margin stood at 15.53% in 2022, then soared by 31 bps to 10.74% in 2023, then surged by 45 bps to 5.88% in 2024, then surged by 136 bps to 2.14% in 2025, then surged by 492 bps to 12.7% in 2026.
  • The last three Net Margin figures came in at 12.7% (Q1 2026), 2.14% (Q4 2025), and 7.97% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 IHS Holding 45.03 Bn 44.04 Bn 231.80 18.25%
2 Cbre 38.54 Bn 37.33 Bn 1.85 Bn 3.25%
3 Costar 14.00 Bn 12.72 Bn 701.00 Mn 0.33%
4 Jones Lang Lasalle 13.85 Bn 13.53 Bn - 2.49%
5 KE Holdings 7.04 Bn 4.80 Bn 661.06 Mn 12.70%
6 Compass 5.66 Bn 5.19 Bn 2.31 Bn 0.33%
7 Opendoor Technologies 4.24 Bn 4.17 Bn 72.00 Mn -24.04%
8 Cushman & Wakefield 3.11 Bn 2.51 Bn 420.70 Mn -0.50%
9 Newmark 2.67 Bn 2.62 Bn - 2.32%
10 Kennedy-Wilson Holdings 1.53 Bn 1.38 Bn 83.20 Mn 11.69%

Historic Data

Download Data
DateValue
Mar 31, 2026 12.70%
Dec 31, 2025 2.14%
Sep 30, 2025 7.97%
Jun 30, 2025 8.19%
Mar 31, 2025 8.17%
Dec 31, 2024 -5.88%
Sep 30, 2024 7.89%
Jun 30, 2024 8.13%
Mar 31, 2024 8.50%
Dec 31, 2023 -10.74%
Sep 30, 2023 12.12%
Jun 30, 2023 9.48%
Mar 31, 2023 17.56%
Dec 31, 2022 -15.53%
Sep 30, 2022 10.73%
Jun 30, 2022 -7.28%
Mar 31, 2022 0.22%
Dec 31, 2021 0.24%
Sep 30, 2021 -4.89%
Jun 30, 2021 6.78%