KE Holdings Inc. BEKE
Annual
Quarterly
FY2025 · ended Dec 31, 2025 · Revenue $13.52B, +5.6% YoY · Filed Apr 24, 2026
KE Holdings Inc. (BEKE) files with the SEC under industry code 6531, Real Estate Agents & Managers (For Others). In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $13.5 billion and net income of $428.1 million. Free cash flow was -$140.7 million. As of Dec 31, 2025 it held $9.7 billion in cash and investments and $2.5 billion in total debt.
Revenue
$13.52B
+5.6% vs prior year
Net income
$428.13M
-23.1% vs prior year
Operating cash flow
$-53.79M
-104.2% vs prior year
Free cash flow
$-140.70M
-112.2% vs prior year
EPS
$0.12
-25.0% vs prior year
Dividend per share
None
Shares outstanding
—
Net cash
$7.13B
FY 2025
Operating margin
2.2%
FY 2025
Company profile
- Industry
- Real Estate Agents & Managers (For Others) (SIC 6531)
- Listed as
- BEKE (NYSE)
- Fiscal year ends
- December 31
- Incorporated in
- Cayman Islands
- Headquarters
- Beijing
- SEC filer status
- Large accelerated filer
- SEC CIK
- 1809587
Other Real Estate Agents & Managers (For Others) companies
- Jones Lang Lasalle Inc JLL
- Compass, Inc. COMP
- MARRIOTT VACATIONS WORLDWIDE Corp VAC
- Newmark Group, Inc. NMRK
- Opendoor Technologies Inc. OPEN
- Marcus & Millichap, Inc. MMI
- AGNT, Inc. AGNT
- Real REMAX Group Inc. REAX
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
FY 2022 Dec 31, 2022 |
FY 2021 Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $13.5B | $12.8B | $11.0B | $8.8B | $12.7B |
| Operating income | $301.8M | $515.8M | $675.7M | -$120.8M | -$212.6M |
| Net income | $428.1M | $556.9M | $828.6M | -$201.0M | -$82.2M |
| Diluted EPS | $0.12 | $0.16 | $0.23 | -$0.06 | -$0.02 |
| Operating cash flow | -$53.8M | $1.3B | $1.6B | $1.2B | $564.2M |
| Free cash flow | -$140.7M | $1.2B | $1.4B | $1.1B | $339.8M |
| Total assets | $16.7B | $18.2B | $16.9B | $15.9B | $15.7B |
| Total liabilities | $7.2B | $8.5B | $6.8B | $5.8B | $5.2B |
| Stockholders' equity | $9.5B | $9.8B | $10.2B | $10.0B | $10.5B |
| Cash and investments | $9.7B | $10.6B | $10.8B | $10.5B | $10.3B |
| Total debt | $2.5B | $3.1B | $2.5B | $1.7B | $1.1B |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 6-K | Current report (foreign issuer) | Nov 5, 2026 | Nov 5, 2026 |
| 6-K | Current report (foreign issuer) | Nov 2, 2026 | Nov 2, 2026 |
| 6-K | Current report (foreign issuer) | Oct 26, 2026 | Oct 26, 2026 |
| 6-K | Current report (foreign issuer) | Oct 20, 2026 | Oct 20, 2026 |
| 6-K | Current report (foreign issuer) | Oct 13, 2026 | Oct 13, 2026 |
| 6-K | Current report (foreign issuer) | Oct 8, 2026 | Oct 8, 2026 |
All 482 KE Holdings Inc. SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.