KB Home Q3 profit falls 21% as revenue drops to $1.62 billion
KB Home reported third-quarter results for the period ended August 31, 2025, with revenue of $1.62 billion, down from $1.75 billion a year earlier, and diluted earnings per share of $1.61, down 21% from $2.04. Net income fell to $109.8 million from $157.3 million, mainly due to a lower housing gross profit margin, and the company repurchased $188.5 million of its stock in the quarter. The company also provided full-year 2025 housing revenue guidance of $6.10 billion to $6.20 billion.
Key points
- Quarterly revenue was $1.62 billion versus $1.75 billion, and homes delivered fell 7% to 3,393.
- Diluted earnings per share were $1.61 versus $2.04, and net income was $109.8 million versus $157.3 million.
- Housing gross profit margin was 18.2% versus 20.6%, reflecting price reductions and higher relative land costs.
- Full-year 2025 housing revenue guidance is $6.10 billion to $6.20 billion, and the company repurchased $188.5 million of stock in the quarter.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:49 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on September 24, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.