---
schema_version: "secwatch.filing_event.v1"
accession: "0000795266-25-000035"
form_type: "8-K"
ticker: "KBH"
cik: "0000795266"
company_name: "KB HOME"
filed_at: "2025-03-24T23:59:59+00:00"
generated_at: "2026-05-24T07:34:25.726725+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# KB Home Q1 diluted EPS $1.49 (-15%), reduces FY2025 revenue guidance

## Summary
- Revenue $1.39B (-5% YoY), net income $109.6M (-21%), homebuilding operating income $127.3M.
- Net orders 2,772 (-17%), cancellation rate 16% (vs 14%), backlog value down 21% to $2.20B.
- FY2025 housing revenue guidance cut to $6.6B-$7.0B; housing gross margin 19.2%-20.0%.
- Robert R. Dillard appointed EVP and CFO effective March 31; previously CFO at Sonoco.
- Repurchased $50M of common stock in Q1; $650M remains under repurchase authorization.

## SEC filing metadata
- accession: 0000795266-25-000035
- form_type: 8-K
- ticker: KBH
- cik: 0000795266
- company_name: KB HOME
- filed_at: 2025-03-24T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/795266/000079526625000035/0000795266-25-000035-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/795266/000079526625000035/kbh-20250324.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000795266-25-000035
- JSON: https://secwatch.observer/filing/0000795266-25-000035.json
- Plain text: https://secwatch.observer/filing/0000795266-25-000035.txt

## Key facts
- Executive change
  Robert R. Dillard was appointed as Executive Vice President and Chief Financial Officer at KB HOME.
  - Action: appointed
  - Role: Executive Vice President and Chief Financial Officer
  source text: On March 24, 2025, KB Home announced the appointment, effective March 31, 2025, of Robert R. Dillard as its Executive Vice President and Chief Financial Officer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/795266/000079526625000035/0000795266-25-000035-index.htm

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