Every 8-K that KB Home (KBH) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow KBH and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full KBH filings page.
KB Home reported sharply lower results for its 2026 second quarter, but maintained solid liquidity and reiterated detailed guidance for the rest of the year. Total revenues fell 27% year over year to $1.11 billion as homes delivered dropped 23% to 2,395 and the average selling price declined to $461,900. Homebuilding operating income decreased to $28.2 million, with a 2.5% operating margin as housing gross profit margin compressed to 15.2% due to price reductions, higher land costs and reduced operating leverage.
Net income for the quarter was $27.3 million, down from $107.9 million, and diluted earnings per share were $0.43 versus $1.50. For the first six months, revenues were $2.19 billion with net income of $60.8 million and diluted EPS of $0.96. Despite softer results, KB Home ended the quarter with $1.12 billion of total liquidity, including $199.8 million of cash and significant capacity on its revolving credit facility.
The company repurchased 1.4 million shares in the quarter for $75 million, contributing to book value per share of $61.93 based on approximately 61.3 million shares outstanding. Management guided 2026 third-quarter deliveries to 2,600–2,800 homes and full-year deliveries to 10,500–11,000, with expected housing revenues of $4.90–$5.30 billion and housing gross margins modestly above current levels.
KB Home reported that Executive Vice President and Chief Financial Officer Robert R. Dillard has resigned. The resignation was communicated on April 29, 2026 and will be effective May 8, 2026.
KB Home stated that Mr. Dillard’s decision was not related to any disagreement with the company or with its financial or accounting policies or practices.
KB Home reported the voting results from its 2026 Annual Meeting of Stockholders held on April 23, 2026. All ten director nominees were elected, each receiving more than 95% of votes cast in favor, such as Robert V. McGibney with 51,435,392 votes for and 222,362 against.
Stockholders approved, on a non-binding advisory basis, the named executive officer compensation, with 45,147,858 votes for and 6,358,104 against. They also ratified the appointment of Ernst & Young LLP as the independent registered public accounting firm for the fiscal year ending November 30, 2026, with 55,748,540 votes for and 873,803 against.
KB Home reported weaker results for its first quarter ended February 28, 2026. Total revenues fell 23% year over year to $1.08 billion, as homes delivered declined 14% to 2,370 and the average selling price dropped to $452,100 from $500,700.
Homebuilding operating income slid to $33.0 million with a housing gross profit margin of 15.3%, down from 20.2%, reflecting price cuts, higher land costs and reduced operating leverage. Net income fell to $33.4 million, or $0.52 per diluted share, compared to $1.49 a year earlier.
Net orders rose 3% to 2,846, but ending backlog decreased to 3,604 homes valued at $1.70 billion from $2.20 billion. The company ended the quarter with about $1.20 billion of liquidity and a debt-to-capital ratio of 32.9%, and repurchased $50.0 million of stock. Guidance for 2026 calls for 10,000–11,500 deliveries and housing revenues of $4.80–$5.50 billion.
KB Home amended a prior report to detail the compensation package for Robert V. McGibney when he becomes President and Chief Executive Officer effective March 1, 2026. His package includes a $1,000,000 annual base salary, an annual incentive target of 225% of base salary with a maximum of three times base salary for fiscal 2026, prorated from his promotion date, and eligibility for long-term incentives plus a promotional grant of time-vesting restricted stock to be set at the committee’s April meeting.
McGibney will continue to participate in KB Home’s existing executive benefit, retirement, change in control, and severance plans, with the Executive Severance Plan amended only to allow his continued participation as CEO, not to increase his benefits. Jeffrey T. Mezger will transition to Executive Chairman, remain KB Home’s most senior executive officer, and keep his current base salary and incentive target while leading the board and overseeing strategic areas to support a smooth leadership transition. McGibney will act as principal executive officer for Securities and Exchange Commission purposes.
KB Home announced a planned leadership transition. The board promoted Robert V. McGibney, currently President and Chief Operating Officer, to President and Chief Executive Officer, effective March 1, 2026, and appointed him to the board, where he will not receive additional director compensation.
Current Chairman and CEO Jeffrey T. Mezger will become Executive Chairman and remain the company’s most senior executive officer with a significant management role. McGibney, age 51, has been with KB Home since 2000 and has held multiple senior operational roles, including Division President, Regional President, Chief Operating Officer and, since 2024, President overseeing company operations.
KB Home disclosed that its board’s management development and compensation committee approved annual incentive awards for the 2025 fiscal year under the company’s incentive compensation program.
The total annual incentive awards for named executive officers are $5,846,862 for Jeffrey T. Mezger, $2,826,839 for Robert V. McGibney, $1,353,038 for Albert Z. Praw, and $1,253,180 for Brian J. Woram. This reflects routine executive compensation decisions rather than operational or financial performance updates.
KB Home reported that director James C. Weaver has decided not to seek re-election at the company’s 2026 Annual Meeting of Stockholders. He will continue to serve as a director until his current term ends at that meeting. The company stated that Mr. Weaver’s decision is not due to any disagreement with KB Home or its board of directors.
KB Home reported that it has released financial results for the three months and twelve months ended November 30, 2025. The detailed results are contained in a press release dated December 18, 2025, which is furnished as an exhibit to this disclosure. The company states that this information is furnished rather than filed under securities laws, so it is not automatically subject to certain liability provisions or incorporated into other regulatory reports unless specifically referenced.
KB Home entered a new revolving credit agreement providing up to $1.2 billion in borrowing capacity, which may be increased to $1.7 billion under certain circumstances with additional lender commitments. The facility replaces the prior revolver and matures on November 12, 2030, with borrowings available for general corporate purposes. The company also amended and restated its $360.0 million senior unsecured term loan, extending its maturity to November 12, 2029.
Key terms include interest rates based on term SOFR or daily SOFR plus 1.25%–1.75%, or a base rate plus 0.25%–0.75%, depending on leverage. The facilities include covenants on tangible net worth, leverage, liquidity or interest coverage, a borrowing base, and limits on investments in joint ventures and non‑guarantor subsidiaries, with customary events of default and change‑of‑control provisions; certain subsidiaries must guarantee the obligations. Concurrently, KB Home voluntarily terminated its prior $1.09 billion revolving facility dated February 18, 2022, incurring no early termination penalties.
KB Home announced that its Board of Directors approved a new authorization to repurchase up to $1 billion of its outstanding common stock. The authorization replaces a prior plan and was disclosed in a current report dated October 27, 2025.
Buyback authorizations allow the company to purchase shares over time at its discretion, which can reduce shares outstanding and return capital to stockholders. The filing did not include additional terms beyond the size of the authorization and its replacement of the prior program.
KB Home approved long-term incentive awards for its named executive officers, granting performance-based restricted stock units (PSUs) under its Amended and Restated 2014 Equity Incentive Plan.
Each PSU can pay out between 0% and 200% of Award Shares based on a three-year performance period from December 1, 2025 to November 30, 2028. Results hinge on three measures: cumulative adjusted earnings per share (40%), average adjusted return on invested capital (35%), and revenue growth relative to a peer group (25%). Recipients also receive cash equal to the final shares issued relative to Award Shares multiplied by credited dividend equivalents for dividends with record dates between grant and performance determination.
Awards granted on October 9, 2025 (Award Shares): Jeffrey T. Mezger 125,022; Robert V. McGibney 60,774; Albert Z. Praw 16,496; Brian J. Woram 16,496. Unvested PSUs generally forfeit upon termination, except for death, disability, or age 55 with 15 consecutive years of service.
KB Home filed a current report to share that it has released its results of operations for the three months and nine months ended August 31, 2025. On September 24, 2025, the company issued a press release detailing this performance, which is attached as Exhibit 99.1. The company notes that this information is being furnished, not filed, so it is not subject to certain Exchange Act liabilities unless specifically incorporated by reference in another filing.
KB Home (KBH) filed an 8-K report announcing the release of its financial results for the three and six months ended May 31, 2025. The filing primarily serves as a notice of the company's quarterly earnings release rather than disclosing the actual financial figures.
Key aspects of the filing:
- The earnings announcement was made via press release on June 23, 2025
- The press release is furnished as Exhibit 99.1 to the report
- The filing explicitly states that the information, including Exhibit 99.1, is not "filed" under Section 18 of the Securities Exchange Act
- The document was signed by William A. (Tony) Richelieu, Vice President, Corporate Secretary and Associate General Counsel
This is a routine 8-K filing under Item 2.02 (Results of Operations and Financial Condition) and includes the standard Inline XBRL documentation as Exhibit 104.