KB Home Q3 revenue down 20% to $1.3B; EPS $1.05 vs $1.61; backlog up

KB HOME

Revenue $1.30B, -20% YoY; diluted EPS $1.05 vs $1.61; net income $65.3M vs $109.8M.
Homes delivered 2,732 (-19%); housing gross margin 16.5% vs 18.2%; avg price $473K.
Net orders 2,604 (-12%); backlog homes +2% to 4,398, value +3% to $2.05B.
FY26 guidance reaffirmed: 10,500-11,000 deliveries, housing revenue $4.90-5.10B, GM 16.0-16.2%.
Repurchased 0.9M shares for $50M in Q3; $175M total YTD, $725M remaining authorization.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.