secwatch.observer — SEC 8-K summary
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Issuer:     LGI Homes, Inc. (LGIH)
CIK:        0001580670
Form:       8-K
Filed at:   2025-11-04T23:59:59+00:00
Accession:  0001580670-25-000074
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1580670/000158067025000074/0001580670-25-000074-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1580670/000158067025000074/lgih-20251104.htm
  HTML page:      https://secwatch.observer/filing/0001580670-25-000074

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