secwatch.observer — SEC 8-K summary
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Issuer:     KB HOME (KBH)
CIK:        0000795266
Form:       8-K
Filed at:   2026-09-22T20:15:45+00:00
Accession:  0000795266-26-000068
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/795266/000079526626000068/0000795266-26-000068-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/795266/000079526626000068/kbh-20260922.htm
  HTML page:      https://secwatch.observer/filing/0000795266-26-000068

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer