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Side-by-side financial comparison of KE Holdings Inc. (BEKE) and PENN Entertainment, Inc. (PENN). Click either name above to swap in a different company.
KE Holdings Inc. is the larger business by last-quarter revenue ($3.2B vs $1.8B, roughly 1.8× PENN Entertainment, Inc.). KE Holdings Inc. runs the higher net margin — 3.2% vs -0.2%, a 3.4% gap on every dollar of revenue. Over the past eight quarters, KE Holdings Inc.'s revenue compounded faster (9.8% CAGR vs 3.4%).
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.
Penn Entertainment, Inc., formerly Penn National Gaming, is an American entertainment company and operator of integrated entertainment, sports content, and casino gambling. It operates 43 properties in 20 states, under brands including Hollywood Casino, Ameristar, and Boomtown. It also owns the Canadian digital media company Score Media and Gaming.
BEKE vs PENN — Head-to-Head
Income Statement — Q3 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $3.2B | $1.8B |
| Net Profit | $104.9M | $-2.8M |
| Gross Margin | 21.4% | — |
| Operating Margin | 2.6% | 5.5% |
| Net Margin | 3.2% | -0.2% |
| Revenue YoY | — | 6.4% |
| Net Profit YoY | — | 66.7% |
| EPS (diluted) | — | $-0.02 |
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.
| Q1 26 | — | $1.8B | ||
| Q4 25 | $3.2B | $1.8B | ||
| Q3 25 | $3.6B | $1.7B | ||
| Q2 25 | — | $1.8B | ||
| Q1 25 | $3.2B | $1.7B | ||
| Q4 24 | — | $1.7B | ||
| Q3 24 | $3.2B | $1.6B | ||
| Q2 24 | $3.2B | $1.7B |
| Q1 26 | — | $-2.8M | ||
| Q4 25 | $104.9M | $-72.9M | ||
| Q3 25 | $182.4M | $-864.6M | ||
| Q2 25 | — | $-17.4M | ||
| Q1 25 | $117.9M | $111.8M | ||
| Q4 24 | — | $-133.3M | ||
| Q3 24 | $166.5M | $-36.7M | ||
| Q2 24 | $261.5M | $-26.8M |
| Q1 26 | — | — | ||
| Q4 25 | 21.4% | — | ||
| Q3 25 | 21.9% | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 20.7% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 22.7% | — | ||
| Q2 24 | 27.9% | — |
| Q1 26 | — | 5.5% | ||
| Q4 25 | 2.6% | -1.0% | ||
| Q3 25 | 4.1% | -45.2% | ||
| Q2 25 | — | 4.4% | ||
| Q1 25 | 2.5% | 2.6% | ||
| Q4 24 | — | -2.9% | ||
| Q3 24 | 3.2% | 4.1% | ||
| Q2 24 | 8.6% | 4.5% |
| Q1 26 | — | -0.2% | ||
| Q4 25 | 3.2% | -4.0% | ||
| Q3 25 | 5.0% | -50.3% | ||
| Q2 25 | — | -1.0% | ||
| Q1 25 | 3.7% | 6.7% | ||
| Q4 24 | — | -8.0% | ||
| Q3 24 | 5.2% | -2.2% | ||
| Q2 24 | 8.1% | -1.6% |
| Q1 26 | — | $-0.02 | ||
| Q4 25 | — | $-0.36 | ||
| Q3 25 | — | $-6.03 | ||
| Q2 25 | — | $-0.12 | ||
| Q1 25 | — | $0.68 | ||
| Q4 24 | — | $-0.87 | ||
| Q3 24 | — | $-0.24 | ||
| Q2 24 | — | $-0.18 |
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 | $708.0M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | — | — |
| Total Assets | $16.8B | — |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $708.0M | ||
| Q4 25 | $1.3B | $686.6M | ||
| Q3 25 | $1.6B | $660.1M | ||
| Q2 25 | — | $671.6M | ||
| Q1 25 | $1.8B | $591.6M | ||
| Q4 24 | — | $706.6M | ||
| Q3 24 | $1.4B | $834.0M | ||
| Q2 24 | $1.3B | $877.6M |
| Q1 26 | — | — | ||
| Q4 25 | — | $2.9B | ||
| Q3 25 | — | $2.9B | ||
| Q2 25 | — | $2.8B | ||
| Q1 25 | — | $2.6B | ||
| Q4 24 | — | $2.8B | ||
| Q3 24 | — | $2.8B | ||
| Q2 24 | — | $2.8B |
| Q1 26 | — | — | ||
| Q4 25 | — | $1.8B | ||
| Q3 25 | $9.6B | $2.0B | ||
| Q2 25 | — | $3.0B | ||
| Q1 25 | $9.5B | $3.0B | ||
| Q4 24 | — | $2.9B | ||
| Q3 24 | $10.1B | $3.1B | ||
| Q2 24 | $9.7B | $3.1B |
| Q1 26 | — | — | ||
| Q4 25 | $16.8B | $14.3B | ||
| Q3 25 | $17.3B | $14.3B | ||
| Q2 25 | — | $15.2B | ||
| Q1 25 | $18.0B | $15.1B | ||
| Q4 24 | — | $15.3B | ||
| Q3 24 | $17.5B | $15.5B | ||
| Q2 24 | $16.9B | $15.5B |
| Q1 26 | — | — | ||
| Q4 25 | — | 1.58× | ||
| Q3 25 | — | 1.46× | ||
| Q2 25 | — | 0.94× | ||
| Q1 25 | — | 0.89× | ||
| Q4 24 | — | 0.98× | ||
| Q3 24 | — | 0.91× | ||
| Q2 24 | — | 0.91× |
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% |
PENN
| Northeast segment (1) | $687.1M | 39% |
| Interactive (5) | $290.1M | 16% |
| South segment (2) | $288.3M | 16% |
| Midwest segment (4) | $282.9M | 16% |
| West segment (3) | $129.7M | 7% |
| Other | $101.0M | 6% |
