KB HOME — Form 8-K
Filed September 22, 2026 · analyzed by the 8-K Agent
8-K
▼ Likely negative
significance 42/100
What the filing says
KB Home reported Q3 2026 revenues of $1.30B (down 20% YoY), net income of $65.3M (down 40% YoY), and diluted EPS of $1.05 (down 35% YoY). Homes delivered fell 19% to 2,732 units; average selling price declined 0.6% to $473,000. Housing gross margin compressed to 16.5% from 18.2% due to pricing pressure and higher land costs. Positively, backlog increased for first time in 4 years (+2% units to 4,398, +3% value to $2.05B); community count grew 8% YoY to 277; and company repurchased 0.9M shares for $50M. Company maintained full-year guidance: 10,500-11,000 home deliveries and $4.9-5.1B revenues.
Why this rating
Meaningful revenue/earnings decline (~40% net income drop) significant for a $3.5B company; offset by backlog stabilization and buybacks. Moderate headwind, not business-threatening, but material deterioration.
See more from September 22, 2026.
EDGAR·FLOW summarizes public SEC EDGAR filings with automated analysis. Materiality scores and stock-impact predictions are algorithmically generated and are not investment advice. Always verify against the source filing on SEC.gov.