Beike Q2 2026 GTV Reaches RMB 933.8 Billion, Adjusted Operating Margin Hits Three-Year High of 14.6%

Beike released its second-quarter 2026 results on August 21. As the property market enters a stock era, regulatory policies across regions have encouraged housing consumption, boosting activity in second-hand housing transactions. In Q2, the number of second-hand housing transactions on Beike's platform rose 25% year on year, driving existing-home gross transaction value (GTV) up 8.0%; new-home GTV increased 1.2%. The company's total GTV reached RMB 933.8 billion, up 6.3% year on year, with revenue of RMB 24.5 billion. In the same period, Beike's adjusted operating profit was RMB 3.59 billion, and its adjusted operating margin reached 14.6%, up 8.5 percentage points year on year — the highest level in three years. Since the start of its reform, consumer-centric initiatives such as online service assistants, sincere sales, building managers, community open days, embracing self-media, and deep AI applications have been rolled out, yielding initial progress in building residential decision-support capabilities.