---
schema_version: "secwatch.filing_event.v1"
accession: "0001580670-23-000091"
form_type: "8-K"
ticker: "LGIH"
cik: "0001580670"
company_name: "LGI Homes, Inc."
filed_at: "2023-10-31T23:59:59+00:00"
generated_at: "2026-06-09T04:43:13.734046+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# LGI Homes reports Q3 EPS $2.85, revenue $617.5M; gross margins back to pre-pandemic levels

## Summary
- Net income $67.0M ($2.85 basic EPS) on home sales revenues of $617.5M from 1,751 closings.
- Gross margin 25.7% (adj. 27.2%), a 340 bps sequential improvement; pre-tax profit margin 14.5%.
- Active selling communities grew to 106; total liquidity $243.2M with net debt to capitalization 38.8%.
- Nine-month net orders of 5,646; ending backlog 1,377 homes valued at $509.9M.
- Full year 2023 guidance updated; management cites strong Q4 start and positive long-term outlook.

## SEC filing metadata
- accession: 0001580670-23-000091
- form_type: 8-K
- ticker: LGIH
- cik: 0001580670
- company_name: LGI Homes, Inc.
- filed_at: 2023-10-31T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1580670/000158067023000091/0001580670-23-000091-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1580670/000158067023000091/lgih-20231031.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001580670-23-000091
- JSON: https://secwatch.observer/filing/0001580670-23-000091.json
- Plain text: https://secwatch.observer/filing/0001580670-23-000091.txt

## Key facts
- Earnings Releases
  LGI Homes, Inc. reported financial results for the third quarter and nine months ended September 30, 2023.
  - Period: the third quarter and nine months ended September 30, 2023
  - Result: reported results
  source text: On October 31, 2023, LGI Homes, Inc. (the “Company”) issued a press release announcing its financial results for the three and nine months ended September 30, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1580670/000158067023000091/0001580670-23-000091-index.htm

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