HighGravityDataKB Home — Dec 18, 2025 release
Fiscal 2025 fourth-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000795266-25-000109
Showing in the filing
Housing gross profit margin
“15.4% to 16.0%, assuming no inventory-related charges”
Period
Q1 FY2026
Measure
GAAP-tied
Source
Prose
All guidance in this release · 11
Common stock repurchase authorization
“up to $1.00 billion”
Deliveries for Q1 FY2026
“2,300 to 2,500 homes”
Housing revenues for Q1 FY2026
“$1.05 billion to $1.15 billion”
Housing gross profit margin for Q1 FY2026
“15.4% to 16.0%, assuming no inventory-related charges”
Housing gross profit margin, assuming no inv… for Q1 FY2026
“15.4% to 16.0%”
Selling, general and administrative expenses… for Q1 FY2026
“12.2% to 12.8%”
Effective tax rate for Q1 FY2026
“approximately 19.0%”
Common stock repurchases for Q1 FY2026
“$50.0 million to $100.0 million”
Deliveries for FY2026
“11,000 to 12,500 homes”
Housing revenues for FY2026
“$5.10 billion to $6.10 billion”
Effective tax rate for FY2026
“24.0% to 26.0%”
Exhibit 99.1 · the passage around this item
… earlier in the release
Guidance The Company is providing the following guidance for its 2026 first quarter and 2026 full year as to certain metrics: 2026 First Quarter — • Deliveries in the range of 2,300 to 2,500 homes. • Housing revenues in the range of $1.05 billion to $1.15 billion. • Housing gross profit margin in the range of 15.4% to 16.0%, assuming no inventory-related charges. 3 • Selling, general and administrative expenses as a percentage of revenues in the range of 12.2% to 12.8%. • Effective tax rate of approximately 19.0%. • Common stock repurchases in the range of $50.0 million to $100.0 million. 2026 Full Year — • Deliveries in the range of 11,000 to 12,500 homes. • Housing revenues in the range of $5.10 billion to $6.10 billion. • Effective tax rate in the range of 24.0% to 26.0%. Conference Call The conference call to discuss the Company’s 2025 fourth 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 wha
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.