LGI Homes Q1 2026: revenue $319.7M, adj EPS $0.24, backlog up 63.4%, FY margin guidance raised

LGI Homes, Inc.

2026-Q1 EPS reported $0.09 revenue$319,736,000

Home sales revenue $319.7M; 881 closings plus 35 leased homes for total 916.
Adjusted gross margin 23.4%, exceeding prior guidance; net income $2.2M ($0.09 diluted EPS).
Adjusted net income $5.6M ($0.24 adjusted diluted EPS).
Backlog 1,699 homes, +63.4% YoY; total liquidity $355.0M, net debt to capital 44.0%.
Full-year gross margin guidance raised to 18.5%-20.5%; adjusted gross margin 22.0%-24.0%.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

LGI Homes, Inc. reported the three months ended March 31, 2026 results: revenue $319.7 million, net income $2.2 million, EPS $0.09 basic EPS and $0.09 diluted EPS. Guidance raised.

Period: the three months ended March 31, 2026
Revenue: $319.7 million
Net income: $2.2 million
EPS: $0.09 basic EPS and $0.09 diluted EPS
Guidance: raised
Result: reported results

Exact text from the filing

the spring selling season have reinforced our confidence in the year ahead. “In the first quarter, we delivered a total of 916 homes. 881 home closings contributed to revenue of $319.7 million and 35 currently or previously leased homes were recognized in other income. Notably, our average sales price per home closed increased nearly 3% to approximately $362,924,

View on SEC.gov

1436 earnings releases filed in the last 30 days. Browse all earnings releases →

LGI Homes, Inc. filing history →

Source: SEC EDGAR

accession 0001580670-26-000044

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.