Quarter ended August 31, 2026 (fiscal Q3).
| Closings | 2,732 (↓19%) |
| Revenue | $1.30B (↓20%) |
| Gross margin | 16.5% |
| Orders | 2,604 (↓12%) |
From the call
“Those choices are key differentiators relative to an inventory home and also give our buyers a real tool to manage affordability, which is one reason our homes do not require heavy incentives to sell.”
KB is back to built-to-order, nearly three-quarters of deliveries, and treats buyer choice as an affordability tool instead of discounting spec homes.
Source: KB Home 8-K and earnings call.
