{"schema_version":"secwatch.filing_event.v1","accession":"0001580670-23-000082","form_type":"8-K","ticker":"LGIH","cik":"0001580670","company_name":"LGI Homes, Inc.","filed_at":"2023-08-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:34.420171+00:00","generated_at":"2026-06-12T18:13:20.964961+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"LGI Homes Q2 net income $53.1M, EPS $2.25; raises full-year closing and margin guidance","bullets":["Q2 net income $53.1M ($2.25 diluted EPS); home sales revenue $645.3M on 1,854 closings.","Full-year closing guidance raised to 6,500-7,200 homes; gross margin guidance raised to 21.5%-23.5%.","Net new orders in Q2 increased 124.2% YoY; average selling price $348,042, down 2.4% YoY.","Active selling communities at June 30: 102; expects 115-125 by year-end.","Total liquidity $384.7M; net debt to capitalization 36.8% as of June 30, 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0001580670-23-000082","json":"https://secwatch.observer/filing/0001580670-23-000082.json","markdown":"https://secwatch.observer/filing/0001580670-23-000082.md","text":"https://secwatch.observer/filing/0001580670-23-000082.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1580670/000158067023000082/0001580670-23-000082-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1580670/000158067023000082/lgih-20230801.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-12T18:13:20.964961+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"124e3981b96b6cd89d01b4d7686c8c0d5e189067","claim":"LGI Homes, Inc. updated its Full Year 2023 guidance (raised).","evidence_excerpt":"we are raising our full year closing guidance to a range between 6,500 and 7,200 homes and raising our full year gross margin guidance to a range between 21.5% and 23.5% and adjusted gross margin guidance to a range between 23.0% and 25.0%.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1580670/000158067023000082/0001580670-23-000082-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"Full Year 2023"},{"label":"Guidance","value":"raised"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"},{"claim_id":"f816993bb4c1dedc6f02afde1ea35e09f7c86d5b","claim":"LGI Homes, Inc. reported second quarter 2023 results: revenue $645.3 million, net income $53.1 million, EPS $2.26 Basic EPS and $2.25 Diluted EPS.","evidence_excerpt":"Second Quarter 2023 Highlights • Net Income of $53.1 million, or $2.26 Basic EPS and $2.25 Diluted EPS • Net Income Before Income Taxes of $71.4 million • Home Sales Revenues of $645.3 million • Home Closings of 1,854 • Average Sales Price per Home Closed of $348,042 • Gross Margin as a Percentage of Homes Sales Revenues of 22.0% • Adjusted Gross Margin* as a Percentage of Home Sales Revenues of 23.8%","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1580670/000158067023000082/0001580670-23-000082-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"second quarter 2023"},{"label":"Revenue","value":"$645.3 million"},{"label":"Net income","value":"$53.1 million"},{"label":"EPS","value":"$2.26 Basic EPS and $2.25 Diluted EPS"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}