LGI Homes, Inc. — Third Quarter 2026 Earnings Summary

LGI Homes reported third-quarter 2026 results with 1,222 total home closings, representing a 10.4% year-over-year increase, and homebuilding revenues of $437.5 million, up 10.3%. The company achieved a homebuilding gross margin of 20.2% and an adjusted homebuilding gross margin of 23.7%, while net income rose to $24.6 million or $1.05 per diluted share. LGI Homes narrowed its full-year 2026 home closing guidance to between 4,600 and 4,800 units due to affordability pressures, though it maintained its outlook for other financial metrics. The company ended the quarter with 151 active communities and strengthened its balance sheet, reducing its net debt to capital ratio to 40.6%.