KE Holdings Inc. Announces First Quarter 2026 Unaudited Financial Results

About this update from Ke Holdings, Inc. Class A

[{"type":"text","content":"BEIJING, May 19, 2026 (GLOBE NEWSWIRE) -- KE Holdings Inc. (“Beike” or the “Company”) (NYSE: BEKE; HKEX: 2423), a leading integrated online and offline platform for housing transactions and services, today announced its unaudited financial results for the first quarter ended March 31, 2026.","length":291,"tagName":"p"},{"type":"text","content":"Business and Financial Highlights for the First Quarter 2026","length":60,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Gross transaction value (GTV)1 was RMB711.7 billion (US$103.2 billion), a decrease of 15.6% year-over-year. GTV of existing home transactions was RMB534.4 billion (US$77.5 billion), a decrease of 7.9% year-over-year. GTV of new home transactions was RMB145.9 billion (US$21.2 billion), a decrease of 37.2% year-over-year.","length":321,"tagName":"p"}]},{"val":[{"type":"text","content":"Net revenues were RMB18.9 billion (US$2.7 billion), a decrease of 19.0% year-over-year.","length":87,"tagName":"p"}]},{"val":[{"type":"text","content":"Net income was RMB1,255 million (US$182 million), an increase of 46.7% year-over-year. Adjusted net income2 was RMB1,611 million (US$234 million), an increase of 15.7% year-over-year.","length":183,"tagName":"p"}]},{"val":[{"type":"text","content":"Number of stores was 60,383 as of March 31, 2026, a 6.2% increase from one year ago. Number of active stores3 was 57,666 as of March 31, 2026, a 4.4% increase from one year ago.","length":177,"tagName":"p"}]},{"val":[{"type":"text","content":"Number of agents was 526,945 as of March 31, 2026, a 4.2% decrease from one year ago. Number of active agents4 was 453,438 as of March 31, 2026, a 7.6% decrease from one year ago.","length":179,"tagName":"p"}]},{"val":[{"type":"text","content":"Mobile monthly active users (MAU)5 averaged 42.7 million in the first quarter of 2026, compared to 44.5 million in the same period of 2025.","length":139,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":1086,"olType":false},{"type":"text","content":"Mr. Stanley Yongdong Peng, Chairman of the Board and Chief Executive Officer of Beike, commented, “In the first quarter of 2026, we observed positive marginal changes in the real estate market. We also continued to advance efficiency-driven growth, with significant improvements in both operating quality and profitability. Our performan...

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