KE Holdings BEKE
NYSE BEKE
$16.85 -0.42 (-2.40%)
As of: Sep 9, 2026 · 3:59 PM EDT

KE Holdings (BEKE) Research & Development (2019 - 2026)

KE Holdings' (BEKE) quarterly Research & Development came in at -$206.6 million in Q2 2026, up 22.01% year-over-year from -$169.4 million in Q2 2025, and down 31.72% quarter-over-quarter from -$156.9 million in Q1 2026.

Analysis

KE Holdings (BEKE) Research & Development (2019 - 2026) Analysis & Trends

KE Holdings has disclosed Research & Development across 8 years of filings, most recently posting -$206.6 million for Q2 2026.

  • In Q2 2026, Research & Development rose 22.01% year-over-year to -$206.6 million; the TTM figure through Jun 2026 stood at -$882.2 million (up 20.23% YoY), while the FY2025 annual figure was $1.0 billion, up 198.28% from the prior year.
  • Research & Development came in at -$206.6 million for Q2 2026 at KE Holdings, down from -$156.9 million in the prior quarter.
  • In the past five years, Research & Development ranged from a high of $258.9 million in Q2 2024 to a low of -$321.1 million in Q4 2024.
  • Average Research & Development over 5 years is -$197.8 million, with a median of -$224.2 million recorded in 2023.
  • Year-over-year, Research & Development soared 213.83% in 2024 and slumped 202.32% in 2025.
  • Over 5 years, Research & Development stood at -$193.2 million in 2022, then slumped by 51.64% to -$293.0 million in 2023, then retreated by 9.59% to -$321.1 million in 2024, then climbed by 14.05% to -$276.0 million in 2025, then advanced by 25.13% to -$206.6 million in 2026.
  • Per Business Quant data, the three most recent Research & Development figures were -$206.6 million in Q2 2026, -$156.9 million in Q1 2026, and -$276.0 million in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 KE Holdings 40.30 Bn 37.89 Bn 1.03 Bn -206.64 Mn
2 Compass 8.38 Bn 7.69 Bn 3.88 Bn 109.00 Mn
3 Agnt 673.49 Mn 462.43 Mn 98.80 Mn 18.43 Mn
4 Re 263.27 Mn -411.62 Mn - 1.20 Mn
5 Douglas Elliman 165.42 Mn 60.20 Mn 59.19 Mn 19.73 Mn
6 Fathom Holdings 22.98 Mn 18.48 Mn 113.03 Mn 2.93 Mn
7 Linkhome Holdings 19.17 Mn 13.81 Mn 158,719.00 -
8 reAlpha Tech 8.06 Mn 5.84 Mn 732,947.00 -
9 Real Messenger 3.12 Mn 3.12 Mn - -
10 Ohmyhome 1.32 Mn -2.61 Mn 1.64 Mn -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -206.64 Mn
Mar 31, 2026 -156.88 Mn
Dec 31, 2025 -276.01 Mn
Sep 30, 2025 -242.71 Mn
Jun 30, 2025 -264.95 Mn
Mar 31, 2025 -244.32 Mn
Dec 31, 2024 -321.13 Mn
Sep 30, 2024 -275.58 Mn
Jun 30, 2024 258.93 Mn
Mar 31, 2024 -224.89 Mn
Dec 31, 2023 -293.01 Mn
Sep 30, 2023 -223.49 Mn
Jun 30, 2023 -227.47 Mn
Mar 31, 2023 -188.39 Mn
Dec 31, 2022 -193.23 Mn
Sep 30, 2022 -176.86 Mn
Jun 30, 2022 -167.44 Mn
Mar 31, 2022 -135.82 Mn
Dec 31, 2021 -126.96 Mn
Sep 30, 2021 -186.59 Mn