Oct 14, 4:42 PM ET
On October 8, 2026, KB Home's compensation committee approved performance-based restricted stock unit awards to CEO Robert V. McGibney, Jeffrey T. Mezger and Brian J. Woram. The awards vest based on three-year cumulative earnings per share, average return on invested capital and relative revenue growth over December 1, 2026 to November 30, 2029, and this routine compensation disclosure does not change reported results.
- Target awards: McGibney 135,227 units, Mezger 112,689 units, Woram 21,411 units
- Each unit can pay out between 0% and 200% of target shares, based on performance
- Performance period runs December 1, 2026 to November 30, 2029; payouts include dividend equivalents
Read the filing on SEC.gov ↗
Sep 22, 4:15 PM ET
KB Home reported results for the quarter ended August 31, 2026. Revenues fell 20% to $1.30 billion, net income dropped to $65.3 million from $109.8 million, and diluted earnings per share were $1.05, down from $1.61. Management kept its full-year 2026 deliveries, housing revenue and margin guidance within the ranges it last gave, but the lower quarterly profit reduces earnings for shareholders.
- Revenues were $1.30 billion, down 20%, and homes delivered fell 19% to 2,732.
- Housing gross profit margin was 16.5%, compared to 18.2%, and homebuilding operating income was $67.1 million, compared to $131.2 million.
- Net orders fell 12% to 2,604, while backlog value rose 3% to $2.05 billion.
- Full-year 2026 guidance was not changed; fourth-quarter deliveries are expected at 3,000 to 3,500 homes.
Read the filing on SEC.gov ↗
May 1, 4:47 PM ET
KB Home said Executive Vice President and Chief Financial Officer Robert R. Dillard resigned on April 29, 2026, effective May 8, 2026. The company stated that his decision was not related to any disagreement with KB Home or its financial or accounting policies or practices.
- Robert R. Dillard, Executive Vice President and Chief Financial Officer, resigned on April 29, 2026.
- Resignation takes effect May 8, 2026.
- KB Home stated the departure was not related to any disagreement with the company or its financial or accounting policies or practices.
Read the filing on SEC.gov ↗
Mar 24, 4:16 PM ET
KB Home reported first-quarter results for the three months ended February 28, 2026, with revenues down 23% to $1.08 billion and net income down to $33.4 million from $109.6 million. Diluted earnings per share fell to $0.52 from $1.49, and the company said it repurchased $50.0 million of common stock, which supported per-share results.
- Homes delivered fell 14% to 2,370, and average selling price was $452,100 compared with $500,700.
- Homebuilding operating income was $33.0 million versus $127.3 million; housing gross profit margin was 15.3% versus 20.2%.
- Net orders rose 3% to 2,846, while ending backlog was 3,604 homes worth $1.70 billion, compared with 4,436 homes worth $2.20 billion a year earlier.
- For the second quarter, guidance calls for 2,250 to 2,450 deliveries and housing revenues of $1.05 billion to $1.15 billion.
Read the filing on SEC.gov ↗
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