KE Holdings (BEKE) Research & Development (2019 - 2026)
KE Holdings' (BEKE) quarterly Research & Development came in at -$71.4 million in Q1 2026, up 11.21% year-on-year from -$64.2 million in Q1 2025, and up 30.18% quarter-over-quarter from -$102.3 million in Q4 2025.
KE Holdings (BEKE) Research & Development (2019 - 2026) Analysis & Trends
KE Holdings has disclosed Research & Development across 8 years of filings, most recently posting -$71.4 million for Q1 2026.
- Research & Development for Q1 2026 came in at -$71.4 million, up 11.21% year-over-year; the trailing twelve-month figure through Mar 2026 was -$353.2 million (down 82.2% YoY), and the FY2025 annual result was $369.0 million, up 17.96% from the prior year.
- Research & Development came in at -$71.4 million for Q1 2026 at KE Holdings, up from -$102.3 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $69.4 million in Q2 2024 to a low of -$118.1 million in Q1 2022.
- The 5-year median for Research & Development is -$75.2 million (2023), against an average of -$74.3 million.
- Across the five-year window, Research & Development surged 206.03% in 2024 and slumped 227.37% in 2025, its largest moves.
- KE Holdings' Research & Development stood at -$73.7 million in 2022, then fell by 1.91% to -$75.2 million in 2023, then slumped by 34.65% to -$101.2 million in 2024, then retreated by 1.07% to -$102.3 million in 2025, then jumped by 30.18% to -$71.4 million in 2026.
- The last three Research & Development figures came in at -$71.4 million (Q1 2026), -$102.3 million (Q4 2025), and -$91.1 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | IHS Holding | 45.03 Bn | 44.04 Bn | 231.80 | - |
| 2 | Cbre | 38.54 Bn | 37.33 Bn | 1.85 Bn | - |
| 3 | Costar | 14.00 Bn | 12.72 Bn | 701.00 Mn | 114.00 Mn |
| 4 | Jones Lang Lasalle | 13.85 Bn | 13.53 Bn | - | - |
| 5 | KE Holdings | 7.04 Bn | 4.80 Bn | 661.06 Mn | -71.41 Mn |
| 6 | Compass | 5.66 Bn | 5.19 Bn | 2.31 Bn | 119.00 Mn |
| 7 | Opendoor Technologies | 4.24 Bn | 4.17 Bn | 72.00 Mn | 24.00 Mn |
| 8 | Cushman & Wakefield | 3.11 Bn | 2.51 Bn | 420.70 Mn | - |
| 9 | Newmark | 2.67 Bn | 2.62 Bn | - | - |
| 10 | Kennedy-Wilson Holdings | 1.53 Bn | 1.38 Bn | 83.20 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -71.41 Mn |
| Dec 31, 2025 | -102.28 Mn |
| Sep 30, 2025 | -91.06 Mn |
| Jun 30, 2025 | -88.43 Mn |
| Mar 31, 2025 | -80.42 Mn |
| Dec 31, 2024 | -101.20 Mn |
| Sep 30, 2024 | -81.64 Mn |
| Jun 30, 2024 | 69.42 Mn |
| Mar 31, 2024 | -64.72 Mn |
| Dec 31, 2023 | -75.16 Mn |
| Sep 30, 2023 | -64.64 Mn |
| Jun 30, 2023 | -65.48 Mn |
| Mar 31, 2023 | -66.51 Mn |
| Dec 31, 2022 | -73.75 Mn |
| Sep 30, 2022 | -71.60 Mn |
| Jun 30, 2022 | -116.25 Mn |
| Mar 31, 2022 | -118.14 Mn |
| Dec 31, 2021 | -115.83 Mn |
| Sep 30, 2021 | -161.86 Mn |
| Jun 30, 2021 | -120.03 Mn |