KE Holdings Inc. (02423.HK) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	85.9B	92.1B	93.5B	77.8B	60.7B
Cost of Revenue	65.3B	72.4B	70.5B	56.1B	54.5B
Gross Profit	20.7B	19.7B	22.9B	21.7B	16.0B
Operating Expenses
R&D Expense	2.4B	2.5B	2.3B	1.9B	3.0B
SG&A Expense	14.0B	15.4B	16.7B	14.9B	11.9B
General & Admin Expense	5.8B	8.1B	9.0B	8.2B	7.3B
Selling & Marketing Expense	4.7B	7.3B	7.8B	6.7B	4.6B
Other Expenses	(531.1M)	(398.7M)	151.6M	93.4M	(266.6M)
Total Operating Expenses	15.9B	17.5B	19.2B	16.9B	14.6B
Cost and Expenses	81.2B	90.0B	89.7B	73.0B	61.5B
Operating Income (EBIT)	5.3B	2.2B	3.8B	4.8B	(832.9M)
Non-Operating
Interest Income	553.8M	834.5M	1.3B	1.3B	769.1M
Interest Expense	—	7.4M	28.6M	28.2M	14.5M
Net Interest Income	553.8M	827.1M	1.3B	1.3B	755.0M
Other Non-Op Income/Expense	1.6B	2.4B	3.1B	3.1B	1.1B
Non-Operating Income (excl Interest)	(689.1M)	—	(151.6M)	(3.1B)	(148.1M)
EBT (Pre-Tax Income)	6.9B	4.6B	6.9B	7.9B	292.3M
Income Tax Expense	2.2B	1.6B	2.8B	2.0B	1.7B
Bottom Line
Net Income	4.6B	2.9B	4.1B	5.9B	(1.4B)
Earnings from Cont. Ops	4.6B	2.9B	4.1B	5.9B	(1.4B)
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	4.6B	2.9B	4.1B	5.9B	(1.4B)
Per Share
Basic EPS	HK$1.44	HK$0.88	HK$1.19	HK$1.67	(HK$0.39)
Diluted EPS	HK$1.40	HK$0.84	HK$1.15	HK$1.63	(HK$0.39)
Revenue Per Share	HK$26.57	HK$27.70	HK$27.41	HK$22.09	HK$17.00
Shares
Basic Shares Outstanding	3.2B	3.3B	3.4B	3.5B	3.6B
Diluted Shares Outstanding	3.4B	3.5B	3.5B	3.6B	3.6B
Profitability Metrics
EBITDA	6.5B	3.2B	4.9B	9.3B	817.9M
D&A	1.0B	1.0B	1.0B	1.4B	1.5B
EBIT	5.4B	2.2B	3.9B	7.9B	(684.8M)

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026