KB Home reports Q2 2026 results: revenues down 27% to $1.11B, EPS falls to $0.43

Filed June 23, 2026 · Period ending June 23, 2026 · ~1 min read

Key Changes

• high

  Q2 revenues fell 27% to $1.11B as deliveries dropped 23% to 2,395 homes and average selling price declined to $461,900 from $488,700; diluted EPS fell to $0.43 from $1.50 year-over-year.

  Exhibit 99.1 verify on EDGAR →
• high

  Homebuilding operating margin compressed to 2.5% from 8.6%, and housing gross profit margin fell to 15.2% from 19.3%, driven by price reductions, higher relative land costs, and reduced operating leverage.

  Exhibit 99.1 verify on EDGAR →
• high

  Company guides FY 2026 deliveries to 10,500–11,000 homes, revenues to $4.90B–$5.30B, and housing gross profit margin to 16.1%–16.5% (excluding inventory charges).

  Exhibit 99.1 verify on EDGAR →