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 Statements of Operations

KB HOME

CONSOLIDATED STATEMENTS OF OPERATIONS

(In Thousands, Except Per Share Amounts – Unaudited)

	Three Months Ended August 31,		Nine Months Ended August 31,
	2025	2024	2025	2024
Total revenues	$1,620,474	$1,752,608	$4,541,836	$4,930,187
Homebuilding:
Revenues	$1,614,462	$1,745,979	$4,526,219	$4,909,189
Construction and land costs	(1,321,147)	(1,385,563)	(3,658,616)	(3,874,193)
Selling, general and administrative expenses	(162,152)	(171,466)	(477,638)	(500,187)
Operating income	131,163	188,950	389,965	534,809
Interest income and other	1,870	4,073	5,628	29,379
Equity in income of unconsolidated joint ventures	1,509	3,453	5,002	3,232
Homebuilding pretax income	134,542	196,476	400,595	567,420
Financial services:
Revenues	6,012	6,629	15,617	20,998
Expenses	(1,580)	(1,608)	(4,689)	(4,627)
Equity in income of unconsolidated joint venture	4,254	5,932	13,445	19,422
Financial services pretax income	8,686	10,953	24,373	35,793
Total pretax income	143,228	207,429	424,968	603,213
Income tax expense	(33,400)	(50,100)	(97,700)	(138,800)
Net income	$109,828	$157,329	$327,268	$464,413
Earnings per share:
Basic	$1.64	$2.10	$4.69	$6.12
Diluted	$1.61	$2.04	$4.60	$5.94
Weighted average shares outstanding:
Basic	66,368	74,476	69,279	75,339
Diluted	67,737	76,630	70,643	77,565

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.