Quarter ended February 28, 2026 (fiscal Q1).
| Closings | 2,370 (↓14%) |
| Revenue | $1.08B (↓23%) |
| Gross margin | 15.3% |
| Orders | 2,846 (↑3%) |
From the call
“We had already achieved our company-wide target of 120 days from home start to completion on built-to-order homes in the fourth quarter of fiscal 2025, yet we further improved in this critical area in the first quarter, with a sequential decrease to 108 days.”
Faster builds widen the selling window for homes not yet started. KB can keep selling built-to-order homes into summer and still deliver them this year.
Source: KB Home 8-K and earnings call.
