KB Home reports USD 1.30 billion revenue: KB Home stock sits 31.12 percent below its high

Published on 10/02/2026 at 04:22 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue fell from USD 1.62 billion to USD 1.30 billion in the third quarter. KB Home stock sits 31.12 percent below its 52-week high.

KBH, US48666K1097, Illustration mit AI erstellt.

KB Home (ISIN US48666K1097) reported USD 1.30 billion in revenue for the third quarter ended August 31, 2026, according to KB Home on September 22, 2026. KB Home stock was last at USD 46.54 on October 1, 2026, which places it 31.12 percent below its USD 67.57 52-week high.

Revenue pressure meets a profit beat

The latest quarter combined weaker volume with a clear earnings comparison. Revenue fell from USD 1.62 billion in the prior-year quarter, while net income declined from USD 109.8 million to USD 65.3 million and diluted earnings per share fell from USD 1.61 to USD 1.05, according to Investing.com on September 22, 2026.

The operating comparison was equally important. Homes delivered fell 19.47 percent from 3,393 to 2,732, while the housing gross profit margin declined from 18.20 percent to 16.50 percent in the third quarter, according to KB Home.

Guidance narrows the investor debate

KB Home expects fourth-quarter 2026 housing revenue of USD 1.45 billion to USD 1.65 billion and deliveries of 3,000 to 3,500 homes. Full-year 2026 housing revenue guidance is USD 4.90 billion to USD 5.10 billion, while the full-year housing gross profit margin outlook is 16.00 percent to 16.20 percent, according to KB Home.

The key trade-off is visible in backlog and margins. Backlog value increased 3.24 percent from USD 1.99 billion to USD 2.05 billion, while net orders fell 11.73 percent from 2,950 to 2,604 homes. The figures suggest that the built-to-order strategy is supporting visibility even as affordability pressure weighs on new demand.

Stock remains below its yearly high

KB Home was last at USD 46.54 on October 1, 2026 at 4:00 p.m. ET on the NYSE, with a market capitalization of USD 2.9 billion. Its 52-week range was USD 44.03 to USD 67.57, leaving the stock 5.70 percent above its yearly low and 31.12 percent below its yearly high.