secwatch.observer — SEC 8-K summary
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Issuer:     LGI Homes, Inc. (LGIH)
CIK:        0001580670
Form:       8-K
Filed at:   2026-08-04T13:00:12+00:00
Accession:  0001580670-26-000069
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

LGI Homes Q2 net income $27M, EPS $1.16; raises full-year gross margin and ASP guidance
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- Q2 homebuilding revenues $501.5M (+3.7% YoY); total closings 1,440 (+8.8%); ASP $367,407 (+0.5%).
- Net income $27.0M ($1.16 diluted EPS); six-month adjusted diluted EPS $1.40.
- Homebuilding gross margin 19.8% (adjusted 23.2%) exceeded guidance; full-year margin raised to 19.0%-21.0% (adjusted 22.5%-24.5%).
- Debt reduced $128.6M in Q2; net debt-to-capital 41.6%; total liquidity $468M.
- Active communities 151 at quarter end, achieving low end of full-year guidance six months early.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1580670/000158067026000069/0001580670-26-000069-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1580670/000158067026000069/lgih-20260804.htm
  HTML page:      https://secwatch.observer/filing/0001580670-26-000069

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