LGI Homes Q3 2026 net income rises 25% year over year to $24.56 million

Bitget2026/11/03 12:03

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LGI Homes' third-quarter 2026 net income rose 25% year-over-year to $24.56 million; total revenues climbed 10% to $444.46 million.
Homebuilding gross margin fell to 20.2% year-over-year, while total home closings increased 10% to 1,222.
Nine-month net orders dropped 30% year-over-year to 2,869; ending backlog declined 48% to 685 homes.
Full-year 2026 home closings guidance narrowed to 4,600–4,800, reflecting slower quarterly sales activity due to affordability pressures.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. LGI Homes Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202611030700PRIMZONEFULLFEED9868862) on November 03, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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LGI Homes Q3 2026 net income rises 25% year over year to $24.56 million

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