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GlobeNewswire·

Legacy Housing Corporation Reports Third Quarter 2026 Financial Results

  • Legacy Housing Corporation reported third-quarter 2026 net revenue of $69.7 million, a 72.2% increase from the same period in 2025.
  • Income from operations reached $23.4 million in Q3 2026, up 141.4% year-over-year.
  • Net income for the third quarter was $20.1 million, representing a 132.8% increase compared to Q3 2025.
  • Basic \& diluted earnings per share were both $0.85, marking increases of 136.1% \& 142.9% respectively.
  • For the first nine months of 2026, net revenue totaled $170.4 million (up 34.9%), while net income rose to $54.5 million (up 62.2%).
  • Diluted earnings per share for the first nine months of 2026 were $2.29, a 67.2% increase from $1.37 in the prior year period.
  • Book value per share on September 30, 2026, was $24.49, an 10.3% increase from December 31, 2025.
  • Product sales in Q3 2026 were $55.2 million, a 91.7% increase, with 635 homes sold compared to 420 in Q3 2025.
  • The company ended the quarter with $36.1 million in cash \& short-term investments \& no borrowings on its revolving credit facility.
  • CEO Kenneth E. Shipley highlighted strong sales, growing Heritage store sales, \& a performing consumer loan portfolio.
  • Legacy plans to open the 350-plus-acre Bastrop community for lot \& home sales in 2027 to expand capacity.
  • A conference call to discuss results is scheduled for 11:00 AM Central Time on November 5, 2026.