{"schema_version":"secwatch.filing_event.v1","accession":"0001580670-26-000044","form_type":"8-K","ticker":"LGIH","cik":"0001580670","company_name":"LGI Homes, Inc.","filed_at":"2026-04-28T23:59:59+00:00","discovered_at":"2026-05-14T18:02:32.510821+00:00","generated_at":"2026-05-15T02:51:17.295662+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"LGI Homes Q1 2026: revenue $319.7M, adj EPS $0.24, backlog up 63.4%, FY margin guidance raised","bullets":["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%."],"urls":{"canonical":"https://secwatch.observer/filing/0001580670-26-000044","json":"https://secwatch.observer/filing/0001580670-26-000044.json","markdown":"https://secwatch.observer/filing/0001580670-26-000044.md","text":"https://secwatch.observer/filing/0001580670-26-000044.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1580670/000158067026000044/0001580670-26-000044-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1580670/000158067026000044/lgih-20260428.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T02:51:17.295662+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"624d364d751139fb32a69fb1df50a1fb9a219e68","claim":"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.","evidence_excerpt":"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,","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1580670/000158067026000044/0001580670-26-000044-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the three months ended March 31, 2026"},{"label":"Revenue","value":"$319.7 million"},{"label":"Net income","value":"$2.2 million"},{"label":"EPS","value":"$0.09 basic EPS and $0.09 diluted EPS"},{"label":"Guidance","value":"raised"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}