earnings
confidence high
sentiment neutral
materiality 0.65
LGI Homes Q3 2025: Revenue $396.6M, EPS $0.85, backlog up 20% YoY
LGI Homes, Inc.
2025-Q3 EPS reported
$2.37
revenue$1,231,537,000
- Home closings of 1,065 (plus 42 leased conversions); avg sales price $372,424.
- Net income $19.7M ($0.85 diluted EPS); gross margin 21.5%, adjusted gross margin 24.5%.
- Backlog of 1,305 homes valued at $498.7M, up 19.9% YoY and 61.5% sequentially.
- Q4 guidance: closings 1,300-1,500; ASP $365K-$375K; gross margin 21-22%.
- Total liquidity $429.9M; net debt to capital ratio 44.8% as of Sept 30.