LGI Homes Q2 net income falls to $31.5 million; withdraws full-year 2025 guidance
LGI Homes reported second-quarter 2025 home sales revenues of $483.5 million, down from $602.5 million a year earlier, and net income of $31.5 million, or $1.36 per diluted share, versus $58.6 million, or $2.48, in the prior-year quarter. The company withdrew its full-year 2025 guidance and issued outlook only for the third quarter, citing limited visibility into the fourth quarter for its spec-focused model.
Key points
- Q2 2025 home sales revenues were $483.5 million, versus $602.5 million in Q2 2024; home closings were 1,323, versus 1,655.
- Q2 2025 net income was $31.5 million, or $1.36 diluted EPS, versus $58.6 million, or $2.48, a year earlier.
- The company withdrew full-year 2025 guidance and expects third-quarter 2025 closings between 1,100 and 1,300.
- The company repurchased 367,568 shares for $20.6 million in Q2 2025; total liquidity was $322.6 million at June 30, 2025.
The filing
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 August 05, 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.