Filing Flows › KB Home (KBH) › Q4 FY25
KB Home (KBH) Q4 FY25 earnings results (fourth quarter fiscal 2025)
10-K filed Jan 23, 2026
KB Home (KBH) reported revenue of $1.7B for the fourth quarter fiscal 2025 (Q4 FY25), -15% from a year earlier and +5% from the quarter before. Operating margin was 7.6%, net earnings $102M (6.0% of revenue).
KB Home, Q4 FY25: revenue $1.7B (-15% year over year), operating margin 7.6%, net earnings $102M, operating cash flow $304M. The chart follows the revenue to costs, profit and cash.
| Q4 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.7B | +5% | -15% |
| Operating profit | $129M | -10% | -48% |
| Net earnings | $102M | -8% | -47% |
| Operating cash flow | $304M | +54% | -16% |
| Free cash flow | $290M | +56% | -18% |
What changed
Revenue was $1.7B in Q4 FY25, down 15% year over year and up 5% from the previous quarter. Housing was the largest line at 99% of revenue.
Operating profit was $0.13B, a 7.6% margin (down 4.8 points year over year). Total costs fell 11% while revenue fell 15%. Net earnings were $0.10B, down 47% year over year. The effective tax rate was 21.4%.
Operating cash flow was $0.30B (down 16% year over year), 299% of net earnings. Non-cash charges added back $0.01B of depreciation and amortization and $0.02B of share-based compensation. Working capital and other items added $0.17B. Capital expenditures of $0.01B left free cash flow of $0.29B.
Questions
What was KB Home's revenue in the fourth quarter fiscal 2025?
KB Home (KBH) reported revenue of $1.7B for the fourth quarter fiscal 2025 (Q4 FY25), -15% from a year earlier and +5% from the quarter before.
Was KB Home profitable in the fourth quarter fiscal 2025?
Operating profit was $129M (7.6% of revenue) and net earnings $102M.
Source: KB Home 10-K on SEC EDGAR.