Flash FinanceUS
Pre-market S&P 5007,376.86+0.31% Nasdaq24,579.42+1.09% Dow 3051,285.73-0.46% Russell 20002,754.11+0.89% Nasdaq-10026,989.99+1.35% MidCap 4003,602.50+0.56% SmallCap 6001,673.98+0.05% VIX25.64-9.01% 10Y Yield4.86+0.45% Close of Nov 06, 2026
AI brief of an SEC Form 8-K · LGI Homes (LGIH)

LGI Homes Q1 net income falls to $4.0 million; cuts 2025 gross margin outlook

Negative Impact 4 of 5 earnings Written later

LGI Homes reported first-quarter 2025 home sales revenues of $351.4 million, down from $390.9 million a year earlier, and net income of $4.0 million, or $0.17 per diluted share, versus $17.1 million, or $0.72 per diluted share, in the prior-year quarter. The company also lowered its full-year 2025 gross margin guidance, citing expected tariff-related supplier price increases, which weighs on shareholders' expected profitability for the year.

Key points

  • Q1 2025 home sales revenues were $351.4 million versus $390.9 million in Q1 2024; home closings were 996 versus 1,083.
  • Net income was $4.0 million, or $0.17 diluted EPS, compared with $17.1 million, or $0.72, a year earlier.
  • Full-year 2025 gross margin guidance was trimmed by 150 basis points at the low end and 100 basis points at the high end, to 21.7% to 23.2%; adjusted gross margin guidance is 24.0% to 25.5%.
  • Other full-year 2025 outlook items were reiterated, including 6,200 to 7,000 home closings and an average sales price of $360,000 to $370,000.

The filing

CompanyLGI Homes (LGIH)
Form8-K, current report
Filed with the SECApr 29, 2025, 8:31 AM ET
Accession number0001580670-25-000038

Items reported: 2.02 Results of Operations7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 6:59 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 29, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.