---
schema_version: "secwatch.filing_event.v1"
accession: "0001580670-22-000020"
form_type: "8-K"
ticker: "LGIH"
cik: "0001580670"
company_name: "LGI Homes, Inc."
filed_at: "2022-02-15T23:59:59+00:00"
generated_at: "2026-06-27T07:58:43.469292+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# LGI Homes reports record full year 2021 earnings; Q4 net income down 18.4%

## Summary
- FY21 net income $429.6M ($17.25 diluted EPS), up 32.6% YoY; home sales revenue $3.1B, +28.8%.
- Q4 net income $111.3M ($4.53 diluted EPS), down 18.4% YoY; home sales revenue $801.1M, -10.7%.
- Q4 home closings 2,526 (-25.9% YoY); full year closings 10,442 (+11.8%), a company record.
- Adjusted gross margin 27.6% in Q4 vs 28.8% a year ago; FY21 adjusted margin 28.2% vs 27.4%.
- Board increased share repurchase authorization by $200M; remaining capacity $306.6M as of Feb 11, 2022.

## SEC filing metadata
- accession: 0001580670-22-000020
- form_type: 8-K
- ticker: LGIH
- cik: 0001580670
- company_name: LGI Homes, Inc.
- filed_at: 2022-02-15T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1580670/000158067022000020/0001580670-22-000020-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1580670/000158067022000020/lgih-20220215.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001580670-22-000020
- JSON: https://secwatch.observer/filing/0001580670-22-000020.json
- Plain text: https://secwatch.observer/filing/0001580670-22-000020.txt

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