LGI Homes reported second-quarter 2025 revenue of $483.5 million and net income of $31.5 million, with diluted EPS of $1.36. The company delivered 1,323 homes at an average sales price of $365,446. Despite resilient demand, affordability challenges led to a sequential decline in net orders, prompting the company to withdraw full-year guidance and provide only third-quarter guidance.

LGI Homes reported solid results for the first quarter of 2025 despite affordability challenges and rate volatility, delivering 996 homes for $351.4 million in revenue. Net income was impacted by a one-time $8.6 million expense. The company reiterated most of its full-year guidance but adjusted its gross margin outlook downward due to potential tariff impacts.

LGI Homes announced strong second-quarter results with home sales revenues of $602.5 million, 1,655 home closings, and an average sales price of $364,047. The company's profitability metrics exceeded guidance, with a gross margin of 25.0% and adjusted gross margin of 27.0%.

LGI Homes reported a decrease in home sales revenues to $390.9 million and 1,083 home closings for Q1 2024. However, the company saw an increase in gross margin to 23.4% and adjusted gross margin to 25.3%. They also achieved a record 120 active selling communities by the end of the quarter.

LGI Homes reported a strong fourth quarter with a 24.6% increase in home sales revenues to $608.4 million and a 21.4% increase in homes closed to 1,758. The company's net income increased 52.7% to $52.1 million, or $2.21 basic EPS and $2.19 diluted EPS. LGI Homes successfully achieved all of its guidance targets for 2023.

LGI Homes reported a net income of $67.0 million, or $2.85 per basic share, on home sales revenues of $617.5 million for the third quarter of 2023. Home closings were 1,751 with an average sales price of $352,678. The company's gross margin was 25.7%, and adjusted gross margin was 27.2%.

LGI Homes announced strong second-quarter results with a 35.7% increase in home closings compared to the first quarter, generating $645.3 million in revenue. The company's focus on affordability and backlog strength drove the performance, leading to increased profitability and raised full-year closing and margin guidance.

LGI Homes announced its Q1 2023 financial results, reporting a net income of $27.0 million, or $1.15 Basic EPS and $1.14 Diluted EPS. The company closed 1,366 homes with home sales revenues of $487.4 million. Net orders increased by 12.5% compared to the previous year.

LGI Homes reported a decrease in net income by 69.3% to $34.1 million and a decrease in home sales revenues by 39.0% to $488.3 million for Q4 2022. However, the average sales price per home closed increased by 6.3% to $337,198. The company's focus remains on driving leads, controlling costs, and maintaining a strong balance sheet.

LGI Homes announced its Q3 2022 financial results, reporting a decrease in net income by 10.1% to $90.4 million, with home sales revenues decreasing by 27.2% to $547.1 million. However, the company achieved profitability records, including a gross margin of 28.5% and an adjusted gross margin of 29.5%.

LGI Homes announced strong Q2 2022 results with record profitability. Net income increased by 4.4% to $123.4 million, driven by a 28.7% increase in average sales price to $356,719 and a 500 basis point improvement in gross margin to 32.0%. Despite a decrease in home sales revenues and home closings, the company achieved record pre-tax income and net income. Updated full year guidance reflects adjustments for recent interest rate hikes and macro events.

LGI Homes reported a decrease in net income and home sales revenues for the first quarter of 2022, but achieved record profitability in key metrics, including highest gross margin and adjusted gross margin in company history. The average sales price increased to a record $341,495, and absorptions outperformed the historical average. The company updated its full year guidance to reflect new expectations of delivering an average sales price in a range between $335,000 and $350,000, gross margins between 27.0% and 29.0% and adjusted gross margins between 28.5% and 30.5%.

LGI Homes reported a decrease in net income by 18.4% to $111.3 million and a decrease in home sales revenues by 10.7% to $801.1 million for Q4 2021. However, the average sales price increased by 20.4% to $317,132.

LGI Homes reported a record third quarter with a 13.0% increase in net income to $100.6 million, driven by a 40.7% increase in home sales revenues to $751.6 million and a 19.5% increase in home closings to 2,499 homes. The average sales price per home closed increased by 17.7% to $300,764, and the gross margin improved by 160 basis points to 26.9%.

LGI Homes reported a strong second quarter with a 64.3% increase in revenue to $791.5 million. Net income increased by 112.4% to $118.1 million, or $4.71 per diluted share. The company raised its full-year guidance, expecting to close between 10,000 and 10,500 homes.

LGI Homes announced record first quarter 2021 results, with net income increasing by 132.6% to $99.7 million. Home sales revenues rose by 55.2% to $706.0 million, driven by a 39.6% increase in home closings and an 11.2% increase in the average sales price per home closed. The company is updating full year guidance.

LGI Homes reported a record-breaking fourth quarter and full year in 2020. In the fourth quarter, home closings increased by 35.5% to 3,408 homes, and home sales revenues increased by 48.2% to $897.4 million. Net income increased by 110.3% to $136.4 million, or $5.34 diluted EPS.

LGI Homes reported a strong third quarter with significant increases in net income, home sales revenues, and home closings. The company saw unprecedented demand across its markets, driven by low interest rates and an undersupply of homes.

LGI Homes announced record second-quarter results, with net income increasing by 20.8% to $55.6 million. Home sales revenues rose by 4.3% to $481.6 million, and home closings increased by 3.1% to 2,005 homes. The company's focus on cash management led to the lowest net debt to capitalization ratio since 2014.

LGI Homes reported a strong first quarter with a 133.7% increase in net income to $42.8 million and a 58.1% increase in home sales revenues to $454.7 million. Home closings increased by 49.4% to 1,835 homes, and the average home sales price rose by 5.8% to $247,808.

LGI Homes reported a net income increase of 52.1% to $64.9 million for Q4 2019, with home sales revenues increasing by 42.5% to $605.6 million. The company closed 2,515 homes, a 35.8% increase, and the average home sales price rose by 4.9% to $240,815. Active selling communities increased to 106, up from 88 in Q4 2018.