---
schema_version: "secwatch.filing_event.v1"
accession: "0001580670-21-000095"
form_type: "8-K"
ticker: "LGIH"
cik: "0001580670"
company_name: "LGI Homes, Inc."
filed_at: "2021-11-02T23:59:59+00:00"
generated_at: "2026-06-28T15:08:49.142970+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# LGI Homes Q3 net income $100.6M ($4.05 EPS), revenue $751.6M +40.7%; tightens FY guidance

## Summary
- Net income $100.6M ($4.05 diluted EPS), up 13% YoY; revenue $751.6M (+40.7%); home closings 2,499 (+19.5%).
- Gross margin 26.9% (up 160 bps); adjusted gross margin 28.2% (up 90 bps); SG&A ratio at all-time low 8.6%.
- Active selling communities 103 (down 6.4% YoY); FY community count guidance revised to 100-105.
- FY guidance: closings 10,000-10,500, ASP $285k-$295k, gross margin 26.5%-27.5%, adj. gross margin 28%-29%.
- Repurchased 358,817 shares in Q3; total liquidity $506.3M; net debt to capitalization 31.7%.

## SEC filing metadata
- accession: 0001580670-21-000095
- form_type: 8-K
- ticker: LGIH
- cik: 0001580670
- company_name: LGI Homes, Inc.
- filed_at: 2021-11-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1580670/000158067021000095/0001580670-21-000095-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1580670/000158067021000095/lgih-20211102.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001580670-21-000095
- JSON: https://secwatch.observer/filing/0001580670-21-000095.json
- Plain text: https://secwatch.observer/filing/0001580670-21-000095.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.