---
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"
generated_at: "2026-05-15T02:51:17.295662+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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%.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001580670-26-000044
- JSON: https://secwatch.observer/filing/0001580670-26-000044.json
- Plain text: https://secwatch.observer/filing/0001580670-26-000044.txt

## Key facts
- Earnings Releases
  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
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1580670/000158067026000044/0001580670-26-000044-index.htm

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