Filing Flows › KB Home (KBH) › Q3 FY25
KB Home (KBH) Q3 FY25 earnings results (third quarter fiscal 2025)
10-Q filed Oct 9, 2025
KB Home (KBH) reported revenue of $1.6B for the third quarter fiscal 2025 (Q3 FY25), -8% from a year earlier and +6% from the quarter before. Operating margin was 8.8%, net earnings $110M (6.8% of revenue).
KB Home, Q3 FY25: revenue $1.6B (-8% year over year), operating margin 8.8%, net earnings $110M, operating cash flow $198M. The chart follows the revenue to costs, profit and cash.
| Q3 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.6B | +6% | -8% |
| Operating profit | $143M | +0.6% | -31% |
| Net earnings | $110M | +2% | -30% |
| Operating cash flow | $198M | +17% | — |
| Free cash flow | $186M | +18% | — |
What changed
Revenue was $1.6B in Q3 FY25, down 8% year over year and up 6% from the previous quarter. Homebuilding was the largest line at 100% of revenue. Homebuilding lost $0.13B year over year (down 8%), 100% of the total change.
Operating profit was $0.14B, a 8.8% margin (down 3.0 points year over year). Total costs fell 4% while revenue fell 8%. Net earnings were $0.11B, down 30% year over year. The effective tax rate was 23.3%.
Operating cash flow was $0.20B, 180% of net earnings. Non-cash charges added back $0.01B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items added $0.07B. Capital expenditures of $0.01B left free cash flow of $0.19B.
Questions
What was KB Home's revenue in the third quarter fiscal 2025?
KB Home (KBH) reported revenue of $1.6B for the third quarter fiscal 2025 (Q3 FY25), -8% from a year earlier and +6% from the quarter before.
Was KB Home profitable in the third quarter fiscal 2025?
Operating profit was $143M (8.8% of revenue) and net earnings $110M.
Source: KB Home 10-Q on SEC EDGAR.