Every 10-Q that LGI Homes, Inc. (LGIH) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow LGIH and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full LGIH filings page.
LGI Homes, Inc. reported mixed results for the quarter ended June 30, 2026. Homebuilding revenues rose 3.7% to $501.5 million, while land and other revenues climbed to $14.5 million on higher lot sales. Q2 net income declined to $27.0 million and diluted EPS to $1.16, down from $31.5 million and $1.36 a year earlier, as homebuilding gross margin compressed to 19.8% from 22.9%.
For the first half of 2026, homebuilding revenues were $821.2 million versus $834.9 million, with net income of $29.1 million and diluted EPS of $1.25, both below 2025 levels. Homebuilding gross margin fell to 19.4%, including a $4.7 million inventory impairment concentrated in the Central and Florida segments, though adjusted homebuilding gross margin was 23.3%. Cash generation improved sharply: net cash provided by operating activities was 59,010 (in thousands) versus (213,521) in the prior-year period. At June 30, 2026, the company held real estate inventory of 3,512,613 and total notes payable of 1,580,907 (both in thousands), remained in compliance with all covenants, and controlled 57,406 lots across 151 active communities. On July 9, 2026, its common stock began dual listing on Nasdaq Texas, LLC under the symbol LGIH.
LGI Homes, Inc. reported softer results for the quarter ended March 31, 2026 as high mortgage rates and affordability pressures weighed on entry-level buyers. Home sales revenues fell 9.0% to $319.7 million, with home closings down 11.5% to 881 units, partly offset by a 2.9% rise in average selling price to $362,924.
Gross margin fell to 18.7% from 21.0%, including $4.7 million of inventory impairment charges in the Florida and Central segments. Net income declined 45.1% to $2.2 million, or $0.09 per diluted share, as profitability was pressured by lower volumes, incentives on older inventory, and a higher 50.0% effective tax rate.
Non-GAAP metrics were more resilient: adjusted gross margin held near prior-year levels at 23.4% of revenue and adjusted EBITDA margin improved to 7.6%. Backlog expanded to 1,699 homes valued at $660.5 million, though the cancellation rate rose sharply to 45.6%. The company ended the quarter with $60.9 million in cash, a net debt-to-capital ratio of 44.0%, and $294.2 million of remaining borrowing capacity under its revolving credit facility.
LGI Homes (LGIH) reported Q3 2025 results reflecting softer demand and affordability pressures. Home sales revenues were $396.6 million, down 39.2% year over year, on 1,065 closings (down 39.4%). Average sales price was $372,424. Gross margin fell to 21.5% from 25.1%. Net income was $19.7 million, with diluted EPS of $0.85. EBITDA margin was 9.8%.
For the first nine months, revenue was $1.23 billion (down 25.1%) and net income was $55.2 million. Wholesale represented 15.3% of Q3 closings. Cash was $61.98 million; real estate inventory was $3.65 billion. Notes payable totaled $1.75 billion, including a $50.0 million secured loan for single‑family rentals at 6.433%. The amended revolving credit facility is $1.1825 billion with $367.9 million available as of September 30, 2025. Year‑to‑date, the company repurchased 409,253 shares for $23.6 million; $157.3 million remains authorized.