Financials in USD. Standardized financial statements.
A compact view of how KE Holdings Inc. turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $94.58B | $93.46B | $77.78B | $60.67B | $80.75B | $70.48B | $46.01B | $28.65B | $25.51B |
| Revenue Growth? | +1.2% | +20.2% | +28.2% | -24.9% | +14.6% | +53.2% | +60.6% | +12.3% | 0.0% |
| Cost of Revenue? | $74.37B | $70.51B | $56.06B | $46.89B | $64.93B | $53.62B | $34.75B | $21.78B | $20.74B |
| Gross Profit? | $20.21B | $22.94B | $21.72B | $13.78B | $15.82B | $16.86B | $11.27B | $6.87B | $4.77B |
| Gross Margin? | +21.4% | +24.6% | +27.9% | +22.7% | +19.6% | +23.9% | +24.5% | +24.0% | +18.7% |
| Operating Expenses? | $17.38B | $18.30B | $16.07B | $13.80B | $15.37B | $14.02B | $13.05B | $8.09B | $5.53B |
| Operating Income? | $2.83B | $4.65B | $5.65B | -$16.48M | $451.75M | $2.84B | -$1.79B | -$1.22B | -$763.89M |
| EBITDA? | $5.76B | $7.90B | $9.31B | $1.81B | $2.52B | $5.75B | -$55.33M | $336.77M | $716.72M |
| Income Before Tax | $4.68B | $6.87B | $7.88B | $292.29M | $1.14B | $4.39B | -$1.28B | -$499.06M | -$138.34M |
| Income Tax Expense | $1.69B | $2.79B | $1.99B | $1.69B | $1.67B | $1.61B | $904.36M | -$71.38M | $399.28M |
| Net Income? | $2.99B | $4.06B | $5.88B | -$1.39B | -$524.13M | $2.78B | -$2.18B | -$467.82M | -$574.43M |
| EPS? | $2.67 | $3.57 | $5.01 | $-1.17 | $-0.45 | $0.96 | $-1.90 | $-0.42 | $-0.48 |
| Diluted EPS? | $2.52 | $3.45 | $4.89 | $-1.17 | $-0.45 | $0.96 | $-1.90 | $-0.39 | $-0.48 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality