KB HOME

For the period ended May 31, 2026. Filed Jul 9, 2026.

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, 2026 · Filed Jul 9, 2026

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 May 31,		Six Months Ended May 31,
	2026	2025	2026	2025
Total revenues	$1,112,435	$1,529,585	$2,189,446	$2,921,362
Homebuilding:
Revenues	$1,107,107	$1,524,716	$2,179,166	$2,911,757
Construction and land costs	(938,409)	(1,230,055)	(1,846,438)	(2,337,469)
Selling, general and administrative expenses	(140,547)	(163,198)	(271,591)	(315,486)
Operating income	28,151	131,463	61,137	258,802
Interest income	1,164	1,679	2,445	3,758
Equity in income of unconsolidated joint ventures	1,269	1,080	1,791	3,493
Homebuilding pretax income	30,584	134,222	65,373	266,053
Financial services:
Revenues	5,328	4,869	10,280	9,605
Expenses	(1,493)	(1,570)	(3,043)	(3,109)
Equity in income of unconsolidated joint venture	2,830	4,862	4,963	9,191
Financial services pretax income	6,665	8,161	12,200	15,687
Total pretax income	37,249	142,383	77,573	281,740
Income tax expense	(9,900)	(34,500)	(16,800)	(64,300)
Net income	$27,349	$107,883	$60,773	$217,440
Earnings per share:
Basic	$.44	$1.53	$.97	$3.05
Diluted	$.43	$1.50	$.96	$3.00
Weighted average shares outstanding:
Basic	61,789	69,976	62,214	70,745
Diluted	62,733	71,226	63,219	72,108

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.