Pulling SEC filings + quote and writing the call…
| Fiscal year | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| Revenue | $10.8B | $12.7B | $8.80B | $11.0B | $12.8B | $13.5B |
| Revenue growth | — | 17.3% | -30.6% | 24.5% | 16.9% | 5.6% |
| Gross profit | $2.58B | $2.48B | $2.00B | $3.06B | $3.14B | $2.89B |
| Gross margin | 23.9% | 19.6% | 22.7% | 27.9% | 24.6% | 21.4% |
| Operating income | $436M | -$213M | -$121M | $676M | $516M | $302M |
| Operating margin | 4.0% | -1.7% | -1.4% | 6.2% | 4.0% | 2.2% |
| Net income | $426M | -$82.2M | -$201M | $829M | $557M | $428M |
| Net margin | 3.9% | -0.6% | -2.3% | 7.6% | 4.3% | 3.2% |
| EPS (diluted) | $0.05 | -$0.02 | -$0.06 | $0.23 | $0.16 | $0.12 |
| Fiscal year | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| Operating cash flow | $1.43B | $564M | $1.23B | $1.57B | $1.29B | -$53.8M |
| Capital expenditures | $136M | $224M | $115M | $123M | $142M | $86.9M |
| Free cash flow | $1.30B | $340M | $1.11B | $1.45B | $1.15B | -$141M |
| Share buybacks | — | — | $191M | $725M | $699M | $941M |
| Dividends paid | — | — | — | $201M | $388M | $412M |
| Fiscal year | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $6.43B | $2.96B | $2.73B | $2.69B | $1.64B | $1.11B |
| Total assets | $16.0B | $15.7B | $15.9B | $16.9B | $18.2B | $16.7B |
| Total liabilities | $5.75B | $5.22B | $5.84B | $6.78B | $8.45B | $7.17B |
| Shareholders' equity | $10.2B | $10.5B | $9.99B | $10.2B | $9.77B | $9.50B |
| Retained earnings | -$1.41B | -$1.54B | -$1.65B | -$799M | -$236M | $163M |
| Shares (wtd avg diluted) | 2.27B | 3.55B | 3.57B | 3.61B | 3.54B | 3.47B |
Every figure is extracted from KE Holdings Inc.’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.
Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.