KB Home reports 8 percent decline in homebuilding revenues for Q3 and year to date 2025
KB Home reported revenues of $1.61 billion for the three months ended August 31, 2025, compared to $1.75 billion for the same period in 2024, representing an 8% decrease. For the nine months ended August 31, 2025, revenues were $4.53 billion, down from $4.91 billion for the prior-year period, also an 8% decrease. The decline was primarily attributed to fewer homes delivered in the 2025 periods. Financial services pretax income declined 21% for the quarter and 32% for the nine-month period, mainly due to decreases in insurance commissions, title services revenues, and a reduction in the equity in income from the unconsolidated joint venture KBHS. The fair value loss of interest rate lock commitments (IRLCs) for the three months ended August 31, 2025, was $3.0 million, compared to a $0.4 million loss in the same period of the previous year. Corporate and other operating losses were $36.4 million for the quarter and $113.3 million for the nine-month period, compared to $37.9 million and $111.6 million, respectively, in the prior-year periods.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. KB Home published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000795266-25-000097), on October 09, 2025, and is solely responsible for the information contained therein.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.