
KB Home FY2026 Q3: $1.30B Revenue and a Backlog Growing Again
KB Home's FY2026 Q3 revenue fell 20% to $1.30B and net income 41% to $65.3M, yet housing margin rose to 16.5% and backlog grew for the first time in four years.
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Accounting practices for construction businesses including job costing, WIP schedules, and retainage

KB Home's FY2026 Q3 revenue fell 20% to $1.30B and net income 41% to $65.3M, yet housing margin rose to 16.5% and backlog grew for the first time in four years.

Reconcile plant tickets to tons weekly, load crew-day rates with burden and iron, and bank 8-12 weeks of overhead before winter shuts paving down.

Quote wallpaper per roll or square foot, cost prep separately, allow 10–25% pattern waste, and book deposits as unearned revenue — not income.

Dyed diesel in a highway vehicle costs the greater of $1,000 or $10 per gallon under IRS rules. Know the legal off-road uses and reclaim tax with Form 4136.

Sand and gravel pits get 5% percentage depletion under IRS rules — compute cost and percentage methods yearly, claim the larger, and mind the 50%-of-income cap.

Under the FLSA, day-rate and piece-rate workers still earn overtime: divide weekly pay by hours worked, then add a half-time premium for each hour over 40.

North Carolina requires a GC license once a project's final price, change orders included, hits $40,000 — cross it unlicensed and the contract is void.

Section 404 wetland credits run $30,000–$360,000 per impact acre in Florida; buying bank credits transfers your mitigation liability to the sponsor.

Liquidated damages = daily rate × days late. Cap them at 5–10% of contract price, define excusable delays, and book them under ASC 606, not as expenses.

A radon contractor's pCi/L guarantee is a warranty liability — accrue it per install, split testing from mitigation revenue, and amortize licenses monthly.

Price a tiny home from true COGS: burdened labor at 1.35x wages plus overhead turns a $40,000 quote into a 4% job; a 40% margin needs about $58,000.

A mechanic's lien secures your unpaid invoice against the property — but one missed notice or deadline voids it. US filing rules and owner defenses.