Quarterly ResultAug 4, 2026, 04:39 PM

LGI Homes Q2 Revenue $516M, EPS $1.16; Net Income Down 14.4%

AI Summary

LGI Homes reported Q2 2026 total revenues of $516.0 million, a 5.7% increase year-over-year, but net income decreased by 14.4% to $27.0 million, with diluted EPS at $1.16. For the six months ended June 30, 2026, total revenues were $848.9 million, down 2.6%, and net income was $29.1 million, down 18.1%. The company saw a significant improvement in operating cash flow, generating $59.0 million compared to a use of $213.5 million in the prior year period, and reduced notes payable.

Key Highlights

Q2 2026 Total Revenues increased 5.7% to $516.0 million.
Q2 2026 Net Income decreased 14.4% to $27.0 million.
Q2 2026 Diluted EPS was $1.16, down from $1.36 in Q2 2025.
Six-month Net Income decreased 18.1% to $29.1 million.
Net cash from operating activities was $59.0 million, up from $(213.5) million in prior year.
Notes payable, net, decreased to $1.58 billion from $1.66 billion since Dec 31, 2025.
Recognized $4.7 million in inventory impairment charges for the six months.
No stock repurchases in Q2 2026; $157.3 million remains authorized.

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LGIH

Homebuilding

LGI Homes, Inc.

Price Impact