KB Home Q1 revenue falls 23% to USD 1.08 billion as homebuilding operating income drops to USD 33 million

Reuters

Mar 25

<a href="https://laohu8.com/S/KBH">KB Home</a> Q1 revenue falls 23% to USD 1.08 billion as homebuilding operating income drops to USD 33 million

KB Home published a quarterly earnings press release for the first quarter ended February 28, 2026.
Total revenues fell 23% to USD 1.08 billion and diluted EPS declined to USD 0.52.
Home deliveries decreased 14% to 2,370 and average selling price fell 9.7% to USD 452,100.
Homebuilding operating income dropped to USD 33.0 million from a year earlier as the homebuilding operating income margin narrowed by 6.1 percentage points to 3.1% on lower housing gross profit margin and a higher selling, general and administrative expense ratio.
Net orders increased 3% to 2,846, while guidance called for second-quarter housing revenues of USD 1.05 billion to USD 1.15 billion and common stock repurchases of USD 50.0 million to USD 100.0 million.

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 PR Newswire (Ref. ID: 202603241610PR_NEWS_USPR_____DC17125) on March 24, 2026, and is solely responsible for the information contained therein.

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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 PR Newswire (Ref. 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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 PR Newswire (Ref. ID: 202603241610PR_NEWS_USPR_____DC17125) on March 24, 2026, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}