Lgi Homes, INC 10-Q quarterly reports

LGI Homes reported a 9.0% decrease in home sales revenue for Q1 2026 compared to the prior year, driven by fewer home closings, though average sales price increased and backlog significantly grew.

LGI Homes reports significant declines in Q3 and YTD 2025 revenue and net income, grappling with high mortgage rates and a government shutdown.

LGI Homes reports a significant decline in second-quarter net income and home sales, driven by high mortgage rates and muted consumer sentiment, leading to amended credit facility covenants.

LGI Homes' first quarter 2025 earnings declined due to lower home sales revenues and closings, reflecting a challenging macroeconomic environment with persistent high mortgage rates.

LGI Homes saw a slight increase in revenue and net income for the third quarter of 2024, despite a decrease in home closings year-over-year.

LGI Homes experienced a decrease in home sales revenue and closings in Q2 2024, but saw an increase in gross margin and average sales price.

LGI Homes experienced a decrease in home sales revenue and closings in the first quarter of 2024, impacted by affordability pressures and a housing market transition.