KE Holdings FY26 Q2 adjusted net income jumps 74.9% to RMB 3.19 billion; net revenues fall 5.7% to RMB 24.5 billion

• KE Holdings posted Q2 net income of RMB 2.62 billion, more than doubled from RMB 1.31 billion a year earlier.
• Net revenues fell 5.7% year-on-year to RMB 24.5 billion, despite total GTV rising 6.3% to RMB 933.8 billion.
• Gross margin widened 6.7 percentage points to 28.6%, while operating expenses dropped 14.1% to RMB 3.99 billion.
• Adjusted net income climbed 74.9% to RMB 3.19 billion, lifting margin 6 percentage points to 13%.
• Existing-home GTV rose 8% to RMB 629.9 billion, while new-home GTV increased 1.2% to RMB 258.4 billion.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. KE Holdings Inc. published the original content used to generate this news brief on September 10, 2026, and is solely responsible for the information contained therein.