10-Q quarterly report · filed Jul 9, 2026

KB HOME (KBH) Q2 2026 10-Q Quarterly Report

Short answer

KB HOME (KBH) filed its Q2 2026 10-Q quarterly report on Jul 9, 2026 for the quarter ended May 31, 2026. Quarterly revenue was $1.1B (down 27.3% year over year) with net income of $27M.

Q2 2026 key financials · XBRL

Revenue
$1.1B
−27.3% YoY · +3.3% QoQ
Net income
$27M
−74.6% YoY · −18.2% QoQ
EPS (diluted)
$0.44
−70.9% YoY · −15.4% QoQ

Source: XBRL data from the KB HOME (KBH) Q2 2026 10-Q on SEC EDGAR. USD.

KB HOME Q2 2026 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Revenue $1.112B, down 27% YoY from $1.530B; net income $27.3M vs $107.9M
  • Homebuilding operating margin 2.5% vs 8.6%; housing gross margin 15.2% vs 19.3%
  • Best segment West Coast net orders $766.9M, up 5%; worst Southwest net orders $228.4M, down 15%
  • Land investments $495.8M; share repurchases 1.4M shares costing $75.0M; liquidity $1.12B
  • Outlook: third- and fourth-quarter deliveries and margins expected to benefit from higher Built to Order sales; headwinds include affordability and elevated mortgage rates

Risk Factors

  • No material changes to risk factors disclosed in the November 30, 2025 Form 10-K
  • Interim principal financial officer role assumed by CEO Robert V. McGibney effective July 6, 2026
  • $775.0 million remaining under common-stock repurchase authorization as of May 31, 2026
  • 1,375,294 shares repurchased for $75.0 million during the second quarter of 2026

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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