KB Home faced a decline in revenue and net income in Q4 2025 due to reduced home deliveries and lower average selling prices. Despite the market headwinds, the company maintained profitability and repurchased $100 million in stock.
KB Home delivered solid financial results in the third quarter of 2025, with revenues of $1.62 billion and diluted earnings per share of $1.61. The company focused on operational execution, reducing build times and costs, and continued to return capital to stockholders through significant share repurchases.
KB Home delivered a solid Q2 amid softer market conditions, beating guidance on key metrics while increasing share repurchases and lowering construction costs.
KB Home reported Q1 2025 revenue of $1.39 billion, a 5% decrease year-over-year, with homes delivered down 9% to 2,770 units. The average selling price rose 4% to $500,700. Net income decreased 21% to $109.6 million, and the backlog value declined 21% to $2.20 billion. The company continues to face affordability challenges and slower buyer decision-making but remains focused on adjusting to market conditions.
KB Home reported a strong Q4 2024 with a 19% increase in revenues to $2.00 billion and a 36% increase in diluted earnings per share to $2.52. Net orders rose by approximately 40% year-over-year, and the company repurchased $100 million of common stock during the quarter.
KB Home reported strong Q3 2024 results with a 10% increase in revenues to $1.75 billion and a 13% increase in diluted earnings per share to $2.04. Net orders were flat compared to the previous year, with improved demand in August as interest rates moderated. The company invested nearly $850 million in land acquisition and development and repurchased $150 million of common stock.
KB Home reported a decrease in revenues to $1.71 billion, but diluted earnings per share increased by 11% to $2.15. Net orders were up 2% to 3,997, and net order value expanded 7% to $2.03 billion.
KB Home reported a strong first quarter in fiscal year 2024, with revenues increasing by 6% to $1.47 billion and diluted earnings per share growing by 21% to $1.76. Net orders surged by 55%, and the net order value increased by 58% to $1.58 billion. The company also repurchased $50 million of common stock during the quarter.
KB Home's Q4 2023 results showed revenues of $1.67 billion and diluted earnings per share of $1.85. The company repurchased 3.6 million shares during the quarter and experienced a significant increase in net orders in the first five weeks of Q1 2024.
KB Home reported Q3 2023 revenues of $1.59 billion and diluted earnings per share of $1.80. Net orders increased by 52% to 3,097. The company is increasing its investment in land acquisition to grow community count in 2024 and beyond.
KB Home reported strong financial results for the second quarter of 2023, exceeding guidance with revenue growth to $1.77 billion and diluted earnings per share of $1.94. The company saw sustained improvement in demand and a sequential increase in backlog, positioning it well for achieving its revenue target for 2023.
KB Home's first quarter 2023 results showed revenues of $1.38 billion and net income of $125.5 million. Diluted earnings per share were $1.45. The company's book value per share grew to $44.80, up 27% year over year. A new stock repurchase authorization of $500 million was approved.
KB Home reported a 16% increase in revenue, reaching $1.94 billion, and a 29% increase in diluted earnings per share to $2.47 for the fourth quarter of 2022. The company's book value per share rose by 27% to $43.59, and the full-year return on equity increased by 470 basis points to 24.6%.
KB Home reported record third quarter financial results, with revenues increasing by 26% to $1.84 billion and diluted earnings per share growing by 79% to $2.86. The company's operating income margin improved significantly, and the ending backlog value rose by 9% to $5.26 billion.
KB Home's Q2 2022 results showed significant year-over-year growth in revenues, operating income, and diluted earnings per share. Revenues increased by 19% to $1.72 billion, and diluted earnings per share grew by 55% to $2.32. The company reaffirmed its fiscal 2022 guidance, supported by an ending backlog of over $6 billion.
KB Home's Q1 2022 results showed a 23% increase in total revenues to $1.40 billion and a 44% growth in diluted earnings per share to $1.47. The company's ending backlog value rose by 55% to $5.71 billion. They are reaffirming their revenue guidance for the year, with 30% growth.
KB Home reported a strong fourth quarter in 2021, with revenues up 40% to $1.68 billion and diluted earnings per share up 71% to $1.91. The company's operating income margin improved 310 basis points to 12.8%, and the gross margin increased to 22.3%. Net order value was up 12% to $1.77 billion, and ending backlog value grew 67% to $4.95 billion.
KB Home reported a strong third quarter in 2021, with revenues up 47% to $1.47 billion and diluted earnings per share up 93% to $1.60. The company's operating income margin improved 270 basis points to 11.6%, and its gross margin expanded to 21.5%. Net order value increased 22% to $2.01 billion, and ending backlog value increased 89% to $4.84 billion. KB Home also repurchased 4.7 million shares for $188.2 million.
KB Home reported a significant increase in revenue and earnings per share for Q2 2021. Revenue increased by 58% to $1.44 billion, and diluted earnings per share grew by 173% to $1.50. The company's gross margin expanded to 21.4%, and the operating income margin improved to 11.3%. The backlog value also increased substantially, rising by 126% to $4.29 billion.
KB Home reported a strong first quarter in 2021, with a 62% increase in diluted earnings per share, driven by substantial growth in gross margin. Net orders increased by 23%, and backlog value rose by 74% to $3.7 billion, positioning the company for meaningful growth in 2021.
KB Home reported a decrease in total revenues for the fourth quarter of 2020, but experienced a significant increase in net orders and backlog value. The company's gross margin expanded, and diluted earnings per share were reported at $1.12. The company is optimistic about 2021, expecting higher revenue and earnings.
KB Home reported revenues of $999.0 million and diluted earnings per share of $0.83 for the third quarter of 2020. The company experienced a 14% decrease in revenue compared to the previous year, but profitability improved, with a housing gross profit margin of 20.6% excluding inventory-related charges. Net orders increased by 27%, and backlog value grew by 12% to $2.6 billion.
KB Home reported solid financial results for Q2 2020 despite significant disruptions from the COVID-19 pandemic. The company saw year-over-year growth in key metrics such as housing gross profit margin and pretax income. Revenues totaled $914.0 million and diluted earnings per share increased to $0.55.
KB Home reported a strong first quarter with revenues increasing by 33% to $1.08 billion and diluted earnings per share more than doubling to $0.63. Net orders rose by 31%, and backlog value expanded by 28%. However, the company acknowledged the uncertainty caused by the COVID-19 pandemic and has withdrawn its full-year guidance.
KB Home's Q4 2019 revenues increased by 16% to $1.56 billion, with diluted earnings per share rising by 36% to $1.31. Net orders also saw a significant increase of 38%, and the backlog value grew by 26%.
