KE Holdings (BEKE) Operating Expenses (2019 - 2026)

KE Holdings has disclosed Operating Expenses across 8 years of filings, most recently posting -$476.6 million for Q1 2026.

• Operating Expenses for Q1 2026 came in at -$476.6 million, up 18.25% year-over-year; the trailing twelve-month figure through Mar 2026 was -$2.4 billion (down 69.53% YoY), and the FY2025 annual result was $2.6 billion, down 1.49% from the prior year.
• Operating Expenses came in at -$476.6 million for Q1 2026 at KE Holdings, up from -$701.2 million in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $619.5 million in Q2 2024 to a low of -$843.8 million in Q4 2024.
• The 5-year median for Operating Expenses is -$583.0 million (2025), against an average of -$527.7 million.
• Across the five-year window, Operating Expenses surged 205.39% in 2024 and sank 204.56% in 2025, its largest moves.
• KE Holdings' Operating Expenses stood at -$537.3 million in 2022, then tumbled by 39.39% to -$748.9 million in 2023, then slipped by 12.67% to -$843.8 million in 2024, then increased by 16.9% to -$701.2 million in 2025, then jumped by 32.04% to -$476.6 million in 2026.
• The last three Operating Expenses figures came in at -$476.6 million (Q1 2026), -$701.2 million (Q4 2025), and -$607.8 million (Q3 2025), per Business Quant data.