secwatch.observer — SEC 8-K summary
======================================

Issuer:     LGI Homes, Inc. (LGIH)
CIK:        0001580670
Form:       8-K
Filed at:   2026-02-17T23:59:59+00:00
Accession:  0001580670-26-000007
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 Q4 2025: Revenue $474M, EPS $0.75; FY2026 guidance 4,600-5,400 closings
--------------------------------------------------------------------------------

- Q4 home sales revenue $474.0M, 1,301 closings; full year $1.7B, 4,685 closings.
- Q4 adjusted gross margin 22.3% (GAAP 17.7%), net income $17.3M, diluted EPS $0.75; adjusted diluted EPS $0.97.
- Backlog 1,394 homes valued $501.3M, up 133% YoY including 480-home wholesale contract.
- FY2026 guidance: closings 4,600-5,400, avg sales price $355k-$365k, gross margin 18-20%, adj. gross margin 21-23%.
- Total liquidity $334.8M; net debt to capital ratio 43.2%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1580670/000158067026000007/0001580670-26-000007-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1580670/000158067026000007/lgih-20260217.htm
  HTML page:      https://secwatch.observer/filing/0001580670-26-000007

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer