AI brief of an SEC Form 8-K · LGI Homes (LGIH)
LGI Homes Q3 revenue rises 10.2% to $444.5 million; full-year closings guidance narrowed
LGI Homes reported third-quarter 2026 revenue of $444.5 million, up 10.2% from a year earlier, and net income of $24.6 million, or $1.05 per diluted share, compared with $0.85 a year earlier. The company narrowed its 2026 home closings outlook to 4,600 to 4,800 homes, citing slower sales as affordability pressures weighed on demand, while keeping its other full-year 2026 guidance unchanged.
Key points
- Q3 2026 total revenues of $444.5 million, up 10.2%; net income of $24.6 million, or $1.05 per diluted share, versus $0.85 a year earlier
- Full-year 2026 home closings guidance narrowed to 4,600 to 4,800 homes; other full-year outlook items maintained
- Nine-month net orders were 2,869 versus 4,098 a year earlier, and the cancellation rate was 48.9% versus 28.1%
- Net debt to capital ratio was 40.6% at September 30, 2026, down from 43.2% at December 31, 2025
The filing
CompanyLGI Homes (LGIH)
Form8-K, current report
Filed with the SECNov 3, 2026, 8:34 AM ET
Accession number0001580670-26-000085
Written by AI on Nov 7, 2026, 11:17 PM ET, from this filing only.
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.