LGI Homes Q2 net income falls 14.4% to $27 million; revenue rises 5.7% to $516 million

Reuters2026/08/04 11:08

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LGI Homes posted Q2 net income of USD 27 million, down 14.41% year over year, as revenue rose 5.69% to USD 516 million.
Earnings per share fell to USD 1.16 from USD 1.36; home closings increased 8.8% to 1,440.
Homebuilding gross margin narrowed to 19.8% from 22.9%; active communities climbed to 151, up 3.4% from a year earlier.
Debt-to-capital ratio improved to 42.6%; liquidity totaled USD 468 million, including USD 61.1 million in cash.
Guidance raised for 2026 average sales price to USD 360,000-USD 370,000; homebuilding gross margin outlook lifted to 19%-21%.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. LGI Homes Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608040700PRIMZONEFULLFEED9803065) on August 04, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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LGI Homes Q2 net income falls 14.4% to $27 million; revenue rises 5.7% to $516 million

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