---
schema_version: "secwatch.filing_event.v1"
accession: "0001580670-25-000074"
form_type: "8-K"
ticker: "LGIH"
cik: "0001580670"
company_name: "LGI Homes, Inc."
filed_at: "2025-11-04T23:59:59+00:00"
generated_at: "2026-05-17T00:37:39.912787+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# LGI Homes Q3 2025: Revenue $396.6M, EPS $0.85, backlog up 20% YoY

## Summary
- 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.

## SEC filing metadata
- accession: 0001580670-25-000074
- form_type: 8-K
- ticker: LGIH
- cik: 0001580670
- company_name: LGI Homes, Inc.
- filed_at: 2025-11-04T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1580670/000158067025000074/0001580670-25-000074-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1580670/000158067025000074/lgih-20251104.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001580670-25-000074
- JSON: https://secwatch.observer/filing/0001580670-25-000074.json
- Plain text: https://secwatch.observer/filing/0001580670-25-000074.txt

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