Loading...
KE Holdings delivered a solid Q1 2025, driven by robust performances in its home rental and new home segments. Total revenue increased significantly, and profitability improved across the board with net income almost doubling year-over-year.
In Q4 2024, KE Holdings delivered a strong 54.1% increase in revenue year-over-year, driven by growth across existing and new home transaction services and home rental services. The company achieved a positive operating income of $139 million, reversing an operating loss from the previous year. However, net income declined to $79 million due to higher tax expenses. Adjusted net income reached $184 million.