KB HOME

For the period ended May 31, 2025. Filed Jul 10, 2025.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

May 31, 2025 · Filed Jul 10, 2025

KBH$52.01+2.6%Stored close · as of Nov 9, 2026

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Contents

Consolidated Balance Sheets

KB HOME

CONSOLIDATED BALANCE SHEETS

(In Thousands, Except Shares – Unaudited)

	May 31,2025	November 30,2024
Assets
Homebuilding:
Cash and cash equivalents	$308,861	$597,973
Receivables	371,354	377,533
Inventories	5,913,348	5,528,020
Investments in unconsolidated joint ventures	57,597	67,020
Property and equipment, net	95,054	90,359
Deferred tax assets, net	102,421	102,421
Other assets	107,530	105,920
	6,956,165	6,869,246
Financial services	61,431	66,923
Total assets	$7,017,596	$6,936,169
Liabilities and stockholders’ equity
Homebuilding:
Accounts payable	$359,323	$384,894
Accrued expenses and other liabilities	771,840	796,261
Notes payable	1,892,941	1,691,679
	3,024,104	2,872,834
Financial services	2,954	2,719
Stockholders’ equity:
Common stock — 74,437,477 and 74,409,977 shares issued at May 31, 2025 and November 30, 2024, respectively	74,437	74,410
Paid-in capital	840,296	862,049
Retained earnings	3,450,350	3,269,423
Accumulated other comprehensive loss	(3,704)	(3,704)
Treasury stock, at cost: 6,387,293 and 2,253,156 shares at May 31, 2025 and November 30, 2024, respectively	(370,841)	(141,562)
Total stockholders’ equity	3,990,538	4,060,616
Total liabilities and stockholders’ equity	$7,017,596	$6,936,169

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.