KE Holdings Q2 FY26 net income more than doubled to RMB 2.62 billion; net revenues fall 5.7% to RMB 24.5 billion

• KE Holdings posted GAAP net income of RMB 2.62 billion, more than doubled year over year; net revenues fell 5.7% to RMB 24.54 billion.
• GAAP operating income climbed to RMB 3.03 billion from RMB 1.06 billion; gross margin widened 6.7 percentage points to 28.6%.
• Gross transaction value rose 6.3% to RMB 933.8 billion, led by an 8% increase in existing-home transactions to RMB 629.9 billion.
• Mobile MAU averaged 45.7 million, down from 48.7 million a year earlier; active agents slipped 7.5% to 454,571.
• Management cited cost-structure adjustments and higher contribution margins across major lines; share repurchases totaled about USD 250 million during the quarter.

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 via GlobeNewswire (Ref. ID: 202608210600PRIMZONEFULLFEED9814059) on August 21, 2026, and is solely responsible for the information contained therein.