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Side-by-side financial comparison of KE Holdings Inc. (BEKE) and MakeMyTrip Ltd (MMYT). Click either name above to swap in a different company.
KE Holdings Inc. is the larger business by last-quarter revenue ($3.2B vs $88.6M, roughly 36.6× MakeMyTrip Ltd).
KE Holdings Inc., operating under the well-known Beike brand, is a leading integrated online and offline residential service platform based in China. It offers a full range of services including second-hand property brokerage, new housing sales agency, home rental, renovation, and related financial consultation to meet diverse housing-related demands of consumers across multiple scenarios.
MakeMyTrip Limited is an Indian online travel company, headquartered in Gurgaon. Founded in 2000, it operates an online travel-booking platform for travel services such as airline tickets, hotel reservations, holiday packages, and rail and bus tickets. The company also maintains offices outside India, including locations in New York, Singapore, Kuala Lumpur, Phuket, Bangkok, Dubai and Istanbul.
BEKE vs MMYT — Head-to-Head
Income Statement — Q3 FY2025 vs Q4 FY2022
| Metric | ||
|---|---|---|
| Revenue | $3.2B | $88.6M |
| Net Profit | $104.9M | — |
| Gross Margin | 21.4% | — |
| Operating Margin | 2.6% | 3.8% |
| Net Margin | 3.2% | — |
| Revenue YoY | — | 11.8% |
| Net Profit YoY | — | — |
| EPS (diluted) | — | — |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $3.2B | — | ||
| Q3 25 | $3.6B | — | ||
| Q1 25 | $3.2B | — | ||
| Q3 24 | $3.2B | — | ||
| Q2 24 | $3.2B | — | ||
| Q1 24 | $2.3B | — | ||
| Q3 23 | $2.4B | — | ||
| Q2 23 | $2.7B | — |
| Q4 25 | $104.9M | — | ||
| Q3 25 | $182.4M | — | ||
| Q1 25 | $117.9M | — | ||
| Q3 24 | $166.5M | — | ||
| Q2 24 | $261.5M | — | ||
| Q1 24 | $59.8M | — | ||
| Q3 23 | $160.4M | — | ||
| Q2 23 | $179.2M | — |
| Q4 25 | 21.4% | — | ||
| Q3 25 | 21.9% | — | ||
| Q1 25 | 20.7% | — | ||
| Q3 24 | 22.7% | — | ||
| Q2 24 | 27.9% | — | ||
| Q1 24 | 25.2% | — | ||
| Q3 23 | 27.4% | — | ||
| Q2 23 | 27.4% | — |
| Q4 25 | 2.6% | — | ||
| Q3 25 | 4.1% | — | ||
| Q1 25 | 2.5% | — | ||
| Q3 24 | 3.2% | — | ||
| Q2 24 | 8.6% | — | ||
| Q1 24 | 0.1% | — | ||
| Q3 23 | 5.1% | — | ||
| Q2 23 | 5.5% | — |
| Q4 25 | 3.2% | — | ||
| Q3 25 | 5.0% | — | ||
| Q1 25 | 3.7% | — | ||
| Q3 24 | 5.2% | — | ||
| Q2 24 | 8.1% | — | ||
| Q1 24 | 2.6% | — | ||
| Q3 23 | 6.6% | — | ||
| Q2 23 | 6.7% | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $1.3B | $213.3M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | — | $896.5M |
| Total Assets | $16.8B | $1.3B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.3B | — | ||
| Q3 25 | $1.6B | — | ||
| Q1 25 | $1.8B | — | ||
| Q3 24 | $1.4B | — | ||
| Q2 24 | $1.3B | — | ||
| Q1 24 | $2.5B | — | ||
| Q3 23 | $2.2B | — | ||
| Q2 23 | $4.4B | — |
| Q4 25 | — | — | ||
| Q3 25 | $9.6B | — | ||
| Q1 25 | $9.5B | — | ||
| Q3 24 | $10.1B | — | ||
| Q2 24 | $9.7B | — | ||
| Q1 24 | $9.6B | — | ||
| Q3 23 | $9.9B | — | ||
| Q2 23 | $10.0B | — |
| Q4 25 | $16.8B | — | ||
| Q3 25 | $17.3B | — | ||
| Q1 25 | $18.0B | — | ||
| Q3 24 | $17.5B | — | ||
| Q2 24 | $16.9B | — | ||
| Q1 24 | $16.5B | — | ||
| Q3 23 | $16.2B | — | ||
| Q2 23 | $16.2B | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BEKE
| New home transaction services | $932.6M | 29% |
| Existing home transaction services | $841.5M | 26% |
| Home rental services | $804.4M | 25% |
| Home renovation and furnishing | $604.0M | 19% |
| Emerging and other services | $55.6M | 2% |
MMYT
Segment breakdown not available.