KB HOME REPORTS 2026 SECOND QUARTER RESULTS
KB Home reported Q2 revenue of $1.11 billion, down 27% year-over-year, with diluted EPS falling to $0.43 from $1.50 in the prior year. Despite the sharp declines, the company stated results met or exceeded the midpoint of its guidance ranges as it transitions to a Built to Order model. Operational metrics showed pressure, with homebuilding operating income dropping to $28.2 million and net orders decreasing 4% to 3,317 homes. However, management projects sequentially higher delivery volumes and gross margins for the remainder of fiscal 2026.
Key figures
- Revenue
- $1.11 billion
- Guidance
- Q3 Housing Revenue $1.20B-$1.35B; FY Housing Revenue $4.90B-$5.30B
- Revenue Yoy
- -27%
- Net orders
- 3317
- Backlog units
- 4526
- Backlog value
- $2.14 billion
- Buyback amount
- $75.0 million
- Homebuilding op margin
- 2.5%
- Homebuilding operating income
- $28.2 million
AI analysis
Red flags3 · Pro
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.