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

KE Holdings has reported Research & Development for 8 years, with the latest figure at -$71.4 million in Q1 2026.

• Quarterly Research & Development rose 11.21% year-over-year to -$71.4 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$353.2 million (down 82.2% YoY) and the FY2025 annual result came in at $369.0 million, down 65.39% from the prior year.
• Research & Development advanced to -$71.4 million in Q1 2026 per BEKE's latest filing, from -$102.3 million in the prior quarter.
• Over five years, Research & Development peaked at $69.4 million in Q2 2024 and troughed at -$118.1 million in Q1 2022.
• A 5-year average of -$74.3 million and a median of -$75.2 million in 2023 frame the typical range for Research & Development.
• The sharpest annual moves came in 2024 and 2025: Research & Development jumped 206.03% in 2024, then slumped 227.37% in 2025.
• Over 5 years, Research & Development stood at -$73.7 million in 2022, then decreased by 1.91% to -$75.2 million in 2023, then slumped by 34.65% to -$101.2 million in 2024, then slipped by 1.07% to -$102.3 million in 2025, then soared by 30.18% to -$71.4 million in 2026.
• According to Business Quant data, Research & Development over the past three periods registered -$71.4 million, -$102.3 million, and -$91.1 million for Q1 2026, Q4 2025, and Q3 2025 respectively.