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KB Home — Sep 24, 2025 release

Fiscal 2025 third-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000795266-25-000092
Open on SEC.gov ↗
Showing in the filing
Effective tax rate
“approximately 23%”
Period
FY2025
Measure
GAAP-tied
Source
Prose
All guidance in this release · 8
Share repurchases for Q4 FY2025
“expect to continue repurchasing our shares”
Housing revenues for FY2025
“$6.10 billion to $6.20 billion”
Homebuilding operating income as a percentag… for FY2025
“approximately 8.9%”
Housing gross profit margin for FY2025
“in the range of 19.2% to 19.3%, assuming no inventory-related charges”
Housing gross profit margin, assuming no inv… for FY2025
“19.2% to 19.3%”
Selling, general and administrative expenses… for FY2025
“10.2% to 10.3%”
Effective tax rate for FY2025
“approximately 23%”
Ending community count for FY2025
“approximately 260”
Exhibit 99.1 · the passage around this item
… earlier in the release
◦ Housing gross profit margin in the range of 19.2% to 19.3%, assuming no inventory-related charges. ◦ Selling, general and administrative expenses as a percentage of housing revenues in the range of 10.2% to 10.3%. • Effective tax rate of approximately 23%. • Ending community count of approximately 260. The Company plans to also provide guidance for its 2025 fourth quarter on its conference call today. Conference Call The conference call to discuss the Company’s 2025 third quarter earnings will be broadcast live TODAY at 2:00 p.m. Pacific Time, 5:00 p.m. Eastern Time. To listen, please go to the Investor Relations section of the Company’s website at kbhome.com . About KB Home KB Home is one of the largest and most trusted homebuilders in the United States. We operate in 49 markets, have built nearly 700,000 quality homes in our more than 65-year history, and are honored to be the #1 customer-ranked national homebuilder based on third-party buyer surveys. What sets KB Home apart is building strong, personal relationships with every customer and creating an exceptional homebuying experience that offers our homebuyers the ability to personalize their home based on what they value at a price they can afford. As the industry leader in sustainability, KB Home has achieved one of the highest residential energy-efficiency ratings and delivered more ENERGY STAR ® certified homes than any other builder, helping to lower the total cost of home
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.