KB Home (NYSE: KBH) reported its third quarter 2025 earnings results.
Revenues were $1.62 billion compared to $1.75 billion in the same period last year.
Net income was $109.8 million compared to $157.3 million last year. Earnings per share declined 21% year-over-year to $1.61.
Homes delivered decreased 7% to 3,393 while net orders of 2,950 was down 4%. Average selling price was down slightly to $475,700.
For the full year of 2025, the company expects housing revenues of $6.10-6.20 billion and average selling price of approx. $483,000.