# KB Home revenue drops 20% in Q3 2026

> The home builder delivered fewer homes and took fewer orders as sales weakened across the quarter.
- Title: KB Home revenue drops 20% in Q3 2026 | Shortify
- Summary: The home builder delivered fewer homes and took fewer orders as sales weakened across the quarter. KB Home's third-quarter revenue fell to $1.30 billion from…
- Keywords: kb home, kbh, home builder, earnings, q3 2026, revenue decline, housing market, home deliveries, built to order, Home, revenue, drops
- Source: Alphastreet - Earnings Decoded. Market Intelligence Delivered — https://news.alphastreet.com/kb-home-kbh-reports-q3-2026-earnings-revenue-down-20
- Author: Staff Editor 2
- Published: 2026-09-22T20:25:19+00:00
- Read time: 1 min
- Topics: kb home, kbh, home builder, earnings, q3 2026, revenue decline, housing market, home deliveries, built to order
## KB Home reports Q3 earnings miss
KB Home's third-quarter revenue fell 20% to $1.30 billion from $1.62 billion a year ago, with earnings dropping to $65.3 million or $1.05 per share.
## Home deliveries down nearly 20%
The company delivered 2,732 homes in Q3, down 19.5% from 3,393 homes in the year-ago quarter, reflecting weak sales performance.
## Orders decline 11.7% year-over-year
New orders fell to 2,604 units during the three-month period, down 11.7% compared to the prior year quarter.
## Built to order strategy gains traction
KB Home achieved its goal of returning to a predominantly built-to-order business, with BTO homes representing nearly 75% of third-quarter deliveries.

> We also made significant progress and have now achieved our goal of returning to a predominantly Built to Order business
## Margin improvement despite lower volume
The shift to built-to-order homes contributed to sequentially higher housing gross profit margins, even as overall deliveries declined.
## Full-year guidance issued for 2026
KB Home expects fiscal 2026 housing revenues between $4.90 billion and $5.10 billion, with home deliveries projected at 10,500 to 11,000 units.
## Key takeaway

KB Home's third-quarter revenue fell to $1.30 billion from $1.62 billion year-over-year, driven by a 19.5% decline in home deliveries to 2,732 units.