KE Holdings Inc. (BEKE) Form 6-K — May 20, 2026
KE Holdings Inc. (BEKE) reported first-quarter 2026 net income of US$182 million, a 46.7% increase year-over-year, driven by disciplined cost control and margin expansion despite a 19% decline in net revenues to US$2.7 billion. The company’s adjusted net income rose 15.7% to US$234 million, with adjusted operating margin improving to 8.8% from 4.9% in the prior year quarter. Gross transaction value (GTV) fell 15.6% to US$103.2 billion, reflecting continued softness in the Chinese housing market, with new home GTV dropping 37.2% and existing home GTV declining 7.9%.
Key figures
- Eps
- 0.17
- Revenue
- 2738761000
- Net Income
- 181947000
- Total Debt
- 0
- Debt Amount
- 0
- Total Assets
- 16282409000
- Cash Position
- 7800000000
- Interest Rate
- 0
- Gross Proceeds
- 0
- Shares Outstanding
- 3227105126
- Gtv
- 103200000000
- Mau
- 42700000
- Num Agents
- 526945
- Num Stores
- 60383
- Num Active Agents
- 453438
- Num Active Stores
- 57666
- Operating Margin
- 6.7
- Adjusted Net Income
- 233610000
- Share Repurchase Q1
- 195000000
- Adjusted Net Income Yoy
- 15.7
- Adjusted Operating Margin
- 8.8
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