---
schema_version: "secwatch.filing_event.v1"
accession: "0000795266-23-000095"
form_type: "8-K"
ticker: "KBH"
cik: "0000795266"
company_name: "KB HOME"
filed_at: "2023-09-20T23:59:59+00:00"
generated_at: "2026-06-10T12:43:41.673332+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# KB Home Q3 EPS $1.80 beats guidance; net orders up 52% to 3,097

## Summary
- Revenue $1.59B, down from $1.84B YoY; diluted EPS $1.80 vs $2.86 YoY.
- Homebuilding operating margin 11.3% (ex-charges) down from 18.1% YoY.
- Net orders rose 52% to 3,097; cancellation rate improved to 21% from 35%.
- Repurchased 1.5M shares for $82.5M; quarterly dividend raised 33% to $0.20.
- FY 2023 guidance: housing revenue ~$6.31B, operating margin ~11.3%.

## SEC filing metadata
- accession: 0000795266-23-000095
- form_type: 8-K
- ticker: KBH
- cik: 0000795266
- company_name: KB HOME
- filed_at: 2023-09-20T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/795266/000079526623000095/0000795266-23-000095-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/795266/000079526623000095/kbh-20230920.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000795266-23-000095
- JSON: https://secwatch.observer/filing/0000795266-23-000095.json
- Plain text: https://secwatch.observer/filing/0000795266-23-000095.txt

## Key facts
- Earnings Releases
  KB HOME reported nine months ended August 31, 2023 results: revenue $4.74 billion, net income $439.9 million, EPS $5.18.
  - Period: nine months ended August 31, 2023
  - Revenue: $4.74 billion
  - Net income: $439.9 million
  - EPS: $5.18
  - Result: reported results
  source text: 31, 2023 (comparisons on a year-over-year basis) • Homes delivered of 9,829 were roughly the same. • Average selling price was $479,200, compared to $497,200. • Revenues totaled $4.74 billion, compared to $4.96 billion. • Net income was $439.9 million, compared to $600.3 million. • Diluted earnings per share were $5.18, compared to $6.63. Backlog and Net Orders
  evidence_url: https://www.sec.gov/Archives/edgar/data/795266/000079526623000095/0000795266-23-000095-index.htm
- Earnings Releases
  KB HOME reported three months ended August 31, 2023 results: revenue $1.59 billion, net income $149.9 million, EPS $1.80.
  - Period: three months ended August 31, 2023
  - Revenue: $1.59 billion
  - Net income: $149.9 million
  - EPS: $1.80
  - Result: reported results
  source text: Relations Contact (310) 893-7456 or jpeters@kbhome.com Cara Kane, Media Contact (321) 299-6844 or ckane@kbhome.com KB HOME REPORTS 2023 THIRD QUARTER RESULTS Revenues of $1.59 Billion; Diluted Earnings Per Share of $1.80 Repurchased 1.5 Million Shares for $82.5 Million; Book Value Per Share Increased to $48.29 Net Orders Increased 52% to 3,097 LOS ANGELES
  evidence_url: https://www.sec.gov/Archives/edgar/data/795266/000079526623000095/0000795266-23-000095-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.