The call highlighted positive momentum in orders and backlog growth driven by effective sales strategies and financing initiatives. However, significant revenue decline, reduced gross margins, and high cancellation rates posed challenges, reflecting a mixed performance. Despite these challenges, the company is optimistic about future growth with planned increases in community count and improved liquidity.

Company Guidance

During the LGI Homes Third Quarter 2025 Conference Call, the company provided detailed guidance on various performance metrics. LGI Homes achieved a gross margin of 21.5% and an adjusted gross margin of 24.5%, both aligning with their guidance range. They closed 1,107 homes, with 1,065 contributing to a reported revenue of $397 million. Average selling price for homes closed was $372,424, while their backlog at quarter-end was up 20% year-over-year and 62% sequentially. The company also started 725 homes during the quarter. For the fourth quarter, LGI Homes anticipates closing between 1,300 and 1,500 homes, projecting a gross margin between 21% and 22% and an adjusted gross margin between 24% and 25%. They expect selling, general, and administrative expenses to fall between 15% and 16% as a percentage of revenue. Additionally, LGI Homes plans to increase their community count by 10% to 15% by the end of 2026.

Strong Order and Backlog Growth

Net orders increased by 8% year-over-year and 44% sequentially. Backlog at quarter end was up 20% year-over-year and 62% sequentially, reflecting successful sales initiatives and improved market conditions.

Positive Sales and Financing Initiatives

The introduction of exceptional financing options, such as a forward rate buy-down commitment, and the offer of price discounts up to $50,000 on select older inventory spurred sales activity.

Improved Financial Liquidity

Total liquidity at the end of the quarter was $429.9 million, up by over $107 million compared to the prior quarter.

Community Growth Plans

Expectations to increase community count by 10% to 15% by the end of 2026, reflecting continued investment in existing markets.

LGI Homes (LGIH) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

LGIH Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Feb 24, 2026	2025 (Q4)	1.15 / -	2.15	―	―	―
Nov 04, 2025	2025 (Q3)	0.93 / 0.85	2.95	-71.19% (-2.10)
Aug 05, 2025	2025 (Q2)	1.28 / 1.36	2.48	-45.16% (-1.12)
Apr 29, 2025	2025 (Q1)	0.63 / 0.17	0.72	-76.39% (-0.55)
Feb 25, 2025	2024 (Q4)	2.18 / 2.15	2.19	-1.83% (-0.04)
Nov 05, 2024	2024 (Q3)	2.54 / 2.95	2.84	3.87% (+0.11)
Jul 30, 2024	2024 (Q2)	2.18 / 2.48	2.25	10.22% (+0.23)
Apr 30, 2024	2024 (Q1)	1.06 / 0.72	1.14	-36.84% (-0.42)
Feb 20, 2024	2023 (Q4)	2.54 / 2.19	1.45	51.03% (+0.74)
Oct 31, 2023	2023 (Q3)	2.18 / 2.84	3.85	-26.23% (-1.01)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

LGIH Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Nov 04, 2025	$40.73	$44.45	+9.13%
Aug 05, 2025	$54.64	$59.34	+8.60%
Apr 29, 2025	$59.25	$54.64	-7.78%
Feb 25, 2025	$75.99	$77.91	+2.53%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does LGI Homes (LGIH) report earnings?

LGI Homes (LGIH) is schdueled to report earning on Feb 24, 2026, Before Open (Confirmed).

What is LGI Homes (LGIH) earnings time?

LGI Homes (LGIH) earnings time is at Feb 24, 2026, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is LGIH EPS forecast?

LGIH EPS forecast for the fiscal quarter 2025 (Q4) is 1.15.

Become an Expert with TipRanks Premium

What am I Missing?

Make informed decisions based on Top Analysts' activity

Know what industry insiders are buying

Get actionable alerts from top Wall Street Analysts

Find out before anyone else which stock is going to shoot up

Get powerful stock screeners & detailed portfolio analysis

Subscribe Now See Plans & Pricing