secwatch.observer — SEC 8-K summary
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Issuer:     LGI Homes, Inc. (LGIH)
CIK:        0001580670
Form:       8-K
Filed at:   2026-04-28T23:59:59+00:00
Accession:  0001580670-26-000044
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1580670/000158067026000044/0001580670-26-000044-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1580670/000158067026000044/lgih-20260428.htm
  HTML page:      https://secwatch.observer/filing/0001580670-26-000044

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