KB HOME

For the period ended Aug 31, 2025. Filed Oct 9, 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.

Aug 31, 2025 · Filed Oct 9, 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)

	August 31,2025	November 30,2024
Assets
Homebuilding:
Cash and cash equivalents	$330,586	$597,973
Receivables	386,486	377,533
Inventories	5,838,816	5,528,020
Investments in unconsolidated joint ventures	67,075	67,020
Property and equipment, net	97,530	90,359
Deferred tax assets, net	102,421	102,421
Other assets	102,880	105,920
	6,925,794	6,869,246
Financial services	59,778	66,923
Total assets	$6,985,572	$6,936,169
Liabilities and stockholders’ equity
Homebuilding:
Accounts payable	$366,194	$384,894
Accrued expenses and other liabilities	770,450	796,261
Notes payable	1,943,582	1,691,679
	3,080,226	2,872,834
Financial services	2,983	2,719
Stockholders’ equity:
Common stock — 74,451,477 and 74,409,977 shares issued at August 31, 2025 and November 30, 2024, respectively	74,451	74,410
Paid-in capital	848,909	862,049
Retained earnings	3,543,885	3,269,423
Accumulated other comprehensive loss	(3,704)	(3,704)
Treasury stock, at cost — 9,686,792 and 2,253,156 shares at August 31, 2025 and November 30, 2024, respectively	(561,178)	(141,562)
Total stockholders’ equity	3,902,363	4,060,616
Total liabilities and stockholders’ equity	$6,985,572	$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.