KE Holdings beats EPS estimates with strong profit despite revenue drop in Q2 2026

KE Holdings Inc. reported Q2 2026 earnings with an EPS of $0.42, surpassing the $0.31 consensus estimate. Although revenue declined 5.7% year-over-year to about $3.60 billion, the company doubled its net income thanks to effective cost controls and operational improvements. Margins improved significantly, with a non-GAAP net margin of 13%—the highest in three years—and a gross margin increase to 28.6%. This strong profitability highlights KE Holdings' efficient management despite challenges in its home renovation segment.