Every material Form 8-K KB Home filed with the SEC in 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
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.
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.
KB Home reported second-quarter results for the three months ended May 31, 2026, with revenues down 27% from a year earlier to $1.11 billion and net income falling to $27.3 million from $107.9 million. Diluted earnings per share were $0.43 versus $1.50, and the homebuilding operating income margin dropped to 2.5% from 8.6%. Management said results met or exceeded the midpoint of its key guidance ranges, and the company issued third-quarter and full-year 2026 guidance and repurchased $75.0 million of common stock in the quarter.
Revenues were $1.11 billion, down 27%; homes delivered fell 23% to 2,395.
Net income was $27.3 million versus $107.9 million; diluted EPS was $0.43 versus $1.50.
Housing gross profit margin was 15.2% versus 19.3%, reflecting price reductions and higher relative land costs.
Third-quarter guidance calls for 2,600 to 2,800 deliveries; full-year housing revenues are guided to $4.90 billion to $5.30 billion.
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.
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.
KB Home's board promoted President and Chief Operating Officer Robert McGibney to President and Chief Executive Officer, effective March 1, 2026, and appointed him a director. Jeffrey Mezger, CEO and Chairman, will become Executive Chairman and remain the most senior executive officer with a significant management role. The filing describes a planned succession process, and it reports no change to financial results or guidance.
Robert McGibney, 51, joined KB Home in 2000 and was named President in 2024; he becomes CEO and a director effective March 1, 2026
Jeffrey Mezger, 70, has been CEO since 2006 and Chairman since 2016; he becomes Executive Chairman on the same date
McGibney will not serve on board committees or receive additional compensation for board service
The filing reports no arrangements or family relationships tied to his appointment
On January 22, 2026, KB Home's compensation committee set 2025 fiscal year annual incentive awards under its incentive program, and the board approved the award for Jeffrey T. Mezger. The filing lists total annual incentives for four named executive officers, with Mezger receiving the largest at $5,846,862. This is a routine compensation disclosure and does not report a change in officers or directors.
Jeffrey T. Mezger total annual incentive: $5,846,862
Robert V. McGibney total annual incentive: $2,826,839
Albert Z. Praw total annual incentive: $1,353,038 and Brian J. Woram total annual incentive: $1,253,180
Awards determined January 22, 2026 for the 2025 fiscal year
KB Home director James C. Weaver told the company on January 6, 2026 that he will not stand for re-election at the 2026 Annual Meeting of Stockholders. He will serve out his current term, which ends at that meeting, and the filing says his decision was not due to any disagreement with the company or its board.
Director James C. Weaver informed KB Home on January 6, 2026 of his decision not to seek re-election.
Weaver will serve the remainder of his term, ending at the 2026 Annual Meeting of Stockholders.
The filing states the decision was not due to any disagreement with KB Home or its board.
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.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every KB Home filing is on SEC EDGAR ↗. 8-K briefs of other companies →