LGI Homes, Inc. income statement
In fiscal 2025, LGI Homes, Inc. reported revenue of $1.71bn, down 22.6% on the year before, operating income of $79.8m (a 4.7% margin) and net income of $72.6m, or $3.12 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 50 | 76 | 163 | 383 | 630 | 838 | 1,258 | 1,504 | 1,838 | 2,368 | 3,050 | 2,304 | 2,359 | 2,203 | 1,706 | 1,706 |
| Cost of revenue | — | — | — | — | — | 617 | 938 | 1,124 | 1,402 | 1,765 | 2,232 | 1,658 | 1,816 | 1,669 | 1,352 | 1,376 |
| Gross profit | — | — | — | — | — | 222 | 320 | 380 | 436 | 603 | 818 | 647 | 542 | 533 | 354 | 331 |
| General and administrative | 5 | 6 | 14 | 24 | 34 | 43 | 56 | 70 | 77 | 90 | 100 | 112 | 117 | 121 | 112 | 107 |
| Operating income | 4 | 10 | 16 | 42 | 80 | 111 | 170 | 200 | 228 | 365 | 548 | 390 | 233 | 212 | 80 | — |
| Interest expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Income before tax | 5 | 10 | 23 | 43 | 80 | 114 | 171 | 199 | 232 | 368 | 543 | 418 | 262 | 259 | 98 | 92 |
| Income tax | 0 | 0 | 1 | 15 | 27 | 39 | 58 | 44 | 53 | 44 | 113 | 92 | 63 | 63 | 26 | 25 |
| Net income | 3 | 10 | 22 | 28 | 53 | 75 | 113 | 155 | 179 | 324 | 430 | 327 | 199 | 196 | 73 | 66 |
| Diluted EPS | — | — | — | $1.33 | $2.44 | $3.41 | $4.73 | $6.24 | $7.02 | $12.76 | $17.25 | $13.76 | $8.42 | $8.30 | $3.12 | $2.85 |
| Diluted shares (average) | — | — | — | 21m | 22m | 22m | 24m | 25m | 25m | 25m | 25m | 24m | 24m | 24m | 23m | 23m |
| EBITDA | 5 | 10 | 17 | 43 | 81 | 113 | 171 | 201 | 228 | 365 | 549 | 392 | 236 | 215 | 84 | — |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 652 | 557 | 351 | 488 | 397 | 474 | 320 | 516 |
| Cost of revenue | 488 | 430 | 278 | 379 | 312 | 390 | 260 | 414 |
| Gross profit | 163 | 128 | 74 | 110 | 85 | 84 | 60 | 102 |
| General and administrative | 28 | 31 | 31 | 29 | 28 | 23 | 28 | 29 |
| Operating income | 80 | 46 | 0 | 40 | 21 | 19 | −1 | — |
| Interest expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Income before tax | 92 | 67 | 6 | 42 | 27 | 24 | 4 | 37 |
| Income tax | 22 | 16 | 2 | 11 | 7 | 7 | 2 | 10 |
| Net income | 70 | 51 | 4 | 32 | 20 | 17 | 2 | 27 |
| Diluted EPS | $2.95 | $2.15 | $0.17 | $1.36 | $0.85 | $0.75 | $0.09 | $1.16 |
| EBITDA | 81 | 46 | 1 | 41 | 23 | 20 | 1 | — |
Compare with peers
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