{"id":96363,"date":"2026-03-16T14:29:28","date_gmt":"2026-03-16T18:29:28","guid":{"rendered":"https:\/\/ifintechworld.com\/?p=96363"},"modified":"2026-03-16T14:29:30","modified_gmt":"2026-03-16T18:29:30","slug":"ke-holdings-inc-beke-q4-2025-earnings-call-transcript","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=96363","title":{"rendered":"KE Holdings Inc. (BEKE) Q4 2025 Earnings Call Transcript"},"content":{"rendered":"<div>\n<header class=\"flex flex-col items-start justify-between\"><\/header>\n<div class=\"relative mb-18 flex items-start justify-between\" data-test-id=\"author-brief\">\n<div class=\"relative z-0 mr-18 flex\">\n<div class=\"flex shrink-0 items-center justify-center relative size-36 rounded-full\" data-test-id=\"user-pic-wrapper\"><\/div>\n<\/div>\n<p><button data-state-text=\"Following\" aria-label=\"Follow SA Transcripts\" class=\"ihjjQ py-8 px-18 ml-auto print:hidden relative inline-flex items-center justify-center select-none hover:no-underline transition-colors motion-reduce:transition-none border-black bg-black text-white hover:bg-black-70 disabled:border-transparent disabled:bg-black-20 dark:border-black-10 dark:bg-black-10 dark:text-black dark:hover:border-black-30 dark:hover:bg-black-30 dark:disabled:bg-black-30 min-h-36 border text-medium-b px-16 py-1 whitespace-nowrap break-words rounded-8 cursor-pointer\" data-test-id=\"follow-button\" type=\"button\"><span class=\"\"><span aria-hidden=\"true\" class=\"wMAFB relative flex justify-center\" data-state-placeholder=\"Following\"><span class=\"absolute\">Follow<\/span><\/span><\/span><\/button><\/div>\n<div class=\"mb-12\">\n<div aria-label=\"Audio player\" class=\"relative mb-8 mr-8\"><button id=\"sa-audio-player-play-button\" class=\"inline-flex items-center font-bold md:hidden relative inline-flex items-center justify-center select-none hover:no-underline transition-colors motion-reduce:transition-none border-black bg-black text-white hover:bg-black-70 disabled:border-transparent disabled:bg-black-20 dark:border-black-10 dark:bg-black-10 dark:text-black dark:hover:border-black-30 dark:hover:bg-black-30 dark:disabled:bg-black-30 min-h-36 border text-medium-b size-36 p-6 whitespace-nowrap break-words rounded-8 cursor-pointer\" data-test-id=\"play-button\" type=\"button\"><span class=\"size-24 m-0 relative flex shrink-0 items-center justify-center [&amp;&gt;svg]:max-h-full [&amp;&gt;svg]:shrink-0 [&amp;&gt;svg]:grow [&amp;&gt;svg]:fill-current\"><span class=\"flex size-16 text-current\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewbox=\"0 0 16 16\" class=\"flex shrink-0 fill-current\" data-test-id=\"play-button-play-svg\"><path fill=\"currentColor\" d=\"M0 16V0l16 8z\"><\/path><\/svg><\/span><\/span><span class=\"sr-only\"><span class=\"font-bold b4Wu7\">Play Earnings Call<\/span><\/span><\/button><button id=\"sa-audio-player-play-button\" class=\"items-center font-bold hidden md:inline-flex relative inline-flex items-center justify-center select-none hover:no-underline transition-colors motion-reduce:transition-none border-black bg-black text-white hover:bg-black-70 disabled:border-transparent disabled:bg-black-20 dark:border-black-10 dark:bg-black-10 dark:text-black dark:hover:border-black-30 dark:hover:bg-black-30 dark:disabled:bg-black-30 min-h-36 border text-medium-b px-16 py-1 whitespace-nowrap break-words rounded-8 cursor-pointer\" data-test-id=\"play-button\" type=\"button\"><span class=\"size-24 mr-8 relative flex shrink-0 items-center justify-center [&amp;&gt;svg]:max-h-full [&amp;&gt;svg]:shrink-0 [&amp;&gt;svg]:grow [&amp;&gt;svg]:fill-current\"><span class=\"flex size-16 text-current\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewbox=\"0 0 16 16\" class=\"flex shrink-0 fill-current\" data-test-id=\"play-button-play-svg\"><path fill=\"currentColor\" d=\"M0 16V0l16 8z\"><\/path><\/svg><\/span><\/span><span class=\"\"><span class=\"font-bold b4Wu7\">Play Earnings Call<\/span><\/span><\/button><\/div>\n<\/div>\n<div class=\"paywall-full-content R6FbO flex sa-text-content sa-media-content sa-table-content sa-content-helpers print:block mb-32\">\n<div class=\"w-0 grow print:w-auto\">\n<div>\n<div class=\"T2G6W\" data-test-id=\"content-container\">\n<div class=\"transcript-headline\">\n<p data-eci=\"true\">KE Holdings Inc. (<span class=\"ticker-hover-wrapper\">BEKE<\/span>) Q4 2025 Earnings Call March 16, 2026 8:00 AM EDT<\/p>\n<\/div>\n<div class=\"transcript-company-participants\">\n<p class=\"transcript-company-participants-title\"><strong>Company Participants<\/strong><\/p>\n<p><span>Siting Li &#8211; Investor Relations Director &amp; Joint Company Secretary<\/span><br \/><span>Tao Xu &#8211; CFO &amp; Executive Director<\/span><br \/><span>Yongdong Peng &#8211; Co-Founder, Chairman &amp; CEO<\/span><\/p>\n<\/p><\/div>\n<div class=\"transcript-other-participants\">\n<p class=\"transcript-other-participants-title\"><strong>Conference Call Participants<\/strong><\/p>\n<p><span>Timothy Zhao &#8211; Goldman Sachs Group, Inc., Research Division<\/span><br \/><span>Xiaomeng Zhuang &#8211; BofA Securities, Research Division<\/span><br \/><span>John Lam &#8211; UBS Investment Bank, Research Division<\/span><br \/><span>Eddy Wang &#8211; Morgan Stanley, Research Division<\/span><br \/><span>Liping Zhao &#8211; China International Capital Corporation Limited, Research Division<\/span><\/p>\n<\/p><\/div>\n<div class=\"transcript-presentation\">\n<p class=\"transcript-presentation-title\"><strong>Presentation<\/strong><\/p>\n<div class=\"transcript-presentation-section\" seq=\"0\">\n<p class=\"transcript-presentation-section-title\"><span><strong>Operator<\/strong><\/span><\/p>\n<p>Hello, ladies and gentlemen. Thank you for standing by for KE Holdings, Inc. Fourth Quarter and Fiscal Year 2025 Earnings Conference Call. Please note that today&#8217;s call, including management&#8217;s prepared remarks and a question-and-answer session will all be available in English. Simultaneous interpretation in Chinese is available on a separate line for the duration of the call. [Operator Instructions] Today&#8217;s conference call is being recorded. <\/p>\n<p>I will now turn the call over to your host, Ms. Siting Li, IR Director of the company. Please go ahead, Siting.<\/p>\n<\/p><\/div>\n<div class=\"transcript-presentation-section\" seq=\"1\">\n<p class=\"transcript-presentation-section-title\"><span><strong>Siting Li<\/strong><\/span><br \/><span><i>Investor Relations Director &amp; Joint Company Secretary<\/i><\/span><\/p>\n<p>Thank you, operator. Good evening, and good morning, everyone. Welcome to KE Holdings Inc, Beike&#8217;s Fourth Quarter and Fiscal Year 2025 Earnings Conference Call. The company&#8217;s financial and operating results were published in the press release earlier today and are posted on the company&#8217;s IR website, investors.ke.com. On today&#8217;s call, we have Mr. Stanley Peng, our Co-Founder, Chairman and Chief Executive Officer; and Mr. Tao Xu, our Executive Director and Chief Financial Officer. Mr. Xu will provide an overview of our business update and financial performance, then Mr. Peng will share more on our strategic update and thinking.<\/p>\n<p>Before we continue, I refer you to our safe harbor statement in our earnings press release, which applies to this call as we will make forward-looking<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<aside><\/aside>\n<\/div>\n<\/div>\n<\/div>\n<footer class=\"border-t border-share-separator-thin py-18 sm:py-24 print:hidden paywall-full-content\" data-test-id=\"post-footer\"><\/footer>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/seekingalpha.com\/article\/4882752-ke-holdings-inc-beke-q4-2025-earnings-call-transcript?source=feed_all_articles\" target=\"_blank\" rel=\"noopener\" rel=\"nofollow\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Follow Play Earnings CallPlay Earnings Call KE Holdings Inc. (BEKE) Q4 2025 Earnings Call March 16, 2026 8:00 AM EDT Company Participants Siting Li &#8211; Investor Relations Director &amp; Joint Company SecretaryTao Xu &#8211; CFO &amp; Executive DirectorYongdong Peng &#8211; Co-Founder, Chairman &amp; CEO Conference Call Participants Timothy Zhao &#8211; Goldman Sachs Group, Inc., Research [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":613,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"gallery","meta":{"footnotes":""},"categories":[236],"tags":[83],"class_list":["post-96363","post","type-post","status-publish","format-gallery","has-post-thumbnail","hentry","category-news","tag-featured","post_format-post-format-gallery"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>KE Holdings Inc. 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