LGIH at a glance
LGI Homes, Inc. (LGIH, SEC CIK 1580670) filed its latest 10-K annual report on February 20, 2026, a 10-Q quarterly report on August 4, 2026, an 8-K current report on August 4, 2026 and Form 4 insider filings as recently as March 10, 2026. SignalX summarizes each filing with AI and tracks the company's insider trades and institutional holders.
- For the fiscal year ended December 31, 2025 (FY2025), LGI Homes, Inc. (LGIH) reported revenue of $1.7 billion (down 22.6% from FY2024) and net income of $72.6 million. Diluted EPS was $3.12.
- As of June 30, 2026, 29 institutional investment managers tracked by SignalX reported holding LGI Homes, Inc. (LGIH) shares worth $729.2 million in 13F-HR filings.
- The most recent insider open-market sale reported on Form 4 was by Snider Michael Larry on March 9, 2026 of 1,881 shares at $43.41 per share.
Source: SEC EDGAR (XBRL financial data, 13F-HR and Form 4 filings).
- Revenue · FY2025
- $1.7B
- −22.6% vs prior year
- Insiders · 90 days
- 0 buys · 0 sells
- No open-market trades
- 13F holders
- 29 funds
- $729.2M · −1 vs prior quarter
- Latest 8-K
- Aug 4, 2026
- Item 2.02
AI 10-K Annual Report Analysis
Latest 10-K, fiscal year ended Dec 31, 2025
Business Overview
- Core business model: Residential home construction specializing in affordable housing
- No new products, services, or segments introduced or emphasized this year
- No strategic shifts or changed competitive positioning disclosed in this filing
- Proxy statement to detail executive compensation, ownership, and related party transactions as per SEC Regulation 14A
- Filing primarily incorporates multiple key disclosures by reference to 2026 proxy statement
Risk Factors
- Regulatory risk: FASB ASU 2023-09 effective after Dec 15, 2024, requires expanded income tax disclosures by jurisdiction for taxes >5% of total paid
- Macroeconomic risk: $1.6B notes payable and borrowings under Credit Agreement exposed to Interest rate risk at SOFR +1.85% margin, with SOFR floor at 0.50%
- Operational risk: Land banking financing arrangements expose company to repurchase land from land banker within less than a year, impacting cash flows
- Competitive risk: Increasing home leasing operations via rental property transfers ($77.1M in 2025) may face disruption from alternative housing platforms or rental models
- Financial risk: Concentrated debt maturity of $493.7M in 2028 and $733.9M in 2029 could pressure liquidity and refinancing capability
Management Discussion & Analysis
- Revenue $1.7B, down 22.6% YoY from $2.2B; home closings 4,685, down 22.3% from 6,028; ASP $364K, down 0.4% YoY
- Gross margin 20.7% vs 24.2%; adjusted gross margin 24.0% vs 26.3%; EBITDA margin 8.7% vs 13.8%; net income $72.6M, down 63% YoY
- Best segment Southeast: net income before tax $47.7M (48.4%), $472.2M revenue; worst segment Florida: net loss before tax $(6.5)M (-6.6%), $237.9M revenue
- Net debt to capital 43.2% vs 41.2%; no capital expenditure or dividend/buyback details disclosed in excerpt
- Management highlights affordability constraints and lower absorption rate as key challenges, increased wholesale channel sales; inventory impairment risk noted ($6.7M)
AI summary of the LGIH 10-K filed . Generated from the filing text; verify against the original.View on SEC EDGARHow to read a 10-K
AI 10-Q Quarterly Report Analysis
Latest 10-Q, quarter ended Jun 30, 2026
Management Discussion & Analysis
- Q2 revenue $516.0M vs $488.2M YoY, up 5.7%; homebuilding revenue $501.5M vs $483.5M
- Homebuilding gross margin 19.8% vs 22.9%; EBITDA margin 10.5% vs 11.2%
- Best segment West: revenue $134.6M, up 34.2%; worst Southeast: $108.1M, down 28.0%
- Net income $27.0M vs $31.5M; homebuilding costs $402.1M vs $372.9M
- Management cited rising mortgage rates, subdued consumer sentiment, inflation, economic uncertainty, and geopolitical developments as headwinds
Risk Factors
- No material changes to previously disclosed 2025 Form 10-K risk factors
- No newly added risk factor or triggering event identified
- No material regulatory, legal, or compliance risk updates disclosed
- No new operational, competitive, or market risk updates disclosed
- No new liquidity, debt, currency, or concentration risk updates disclosed
AI summary of the LGIH 10-Q filed . Generated from the filing text; verify against the original.View on SEC EDGAR10-K vs 10-Q vs 8-K
AI 8-K Current Report Analysis
The most recent material events, by 8-K item
Item 2.02: Results of Operations and Financial Condition
- Item 2.02 incorporates Exhibit 99.1, which contains LGI Homes’ fiscal-year 2026 results
- Investor focus: financial results and management commentary in Exhibit 99.1, the substantive earnings disclosure
Item EX-99.1: Item EX-99.1
- Q2 homebuilding revenue rose 3.7% to $501.5M, with closings up 8.8% to 1,440 and ASP up 0.5% to $367,407
- Profitability weakened year-over-year: gross margin fell to 19.8% from 22.9%, while net income declined to $27.0M and EPS to $1.16
Item 4.01: Changes in Registrant's Certifying Accountant
- Audit Committee dismissed Ernst & Young on June 8, 2026 after a competitive selection process
- Deloitte & Touche appointed independent auditor for fiscal year ending December 31, 2026
Item 2.02: Results of Operations and Financial Condition
- Item 2.02 incorporates Exhibit 99.1, which contains LGI Homes’ fiscal-year 2026 results
- Investor focus: financial results and management commentary in Exhibit 99.1 for performance assessment
Item EX-99.1: Item EX-99.1
- Q1 revenue $319.7M and closings 881, down from $351.4M and 996 homes year over year
- Adjusted gross margin 23.4%, exceeding prior guidance and supporting higher full-year guidance of 22.0%-24.0%
AI summaries of LGIH 8-K current reports filed with the SEC. What 8-K item codes mean
SignalX for LGIH
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Recent Insider Transactions (Form 4)
Latest reported trades by officers, directors and 10% owners
| Insider | Type | Date | Shares | Price |
|---|---|---|---|---|
| Snider Michael Larry | Sell | Mar 9, 2026 | 1,881 | $43.41 |
| Lipar Eric Thomas | Sell | Mar 9, 2026 | 1,274 | $42.55 |
| Snider Michael Larry | Sell | Mar 9, 2026 | 404 | $42.55 |
| Lipar Eric Thomas | Sell | Mar 9, 2026 | 10,802 | $41.54 |
| Lipar Eric Thomas | Sell | Mar 9, 2026 | 1,878 | $42.40 |
| Lipar Eric Thomas | Sell | Mar 9, 2026 | 2,320 | $43.40 |
| Lipar Eric Thomas | Sell | Mar 9, 2026 | 5,938 | $43.41 |
| Lipar Eric Thomas | Sell | Mar 9, 2026 | 17,686 | $41.54 |
Financial SummaryXBRL
| Metric | FY2023 | FY2024 | FY2025 |
|---|---|---|---|
| Profitability | |||
| Revenue | $2.4B | $2.2B | $1.7B |
| Operating Income | - | $212.1M | $79.8M |
| Net Income | $199.2M | $196.1M | $72.6M |
| Op. Margin | - | 9.6% | 4.7% |
| Net Margin | 8.4% | 8.9% | 4.3% |
| Balance Sheet | |||
| Total Assets | - | $3.8B | $3.9B |
| Equity | - | $2.0B | $2.1B |
| ROE | - | 9.6% | 3.5% |
| Per Share | |||
| EPS | $8.42 | $8.30 | $3.12 |
| Cash Flow | |||
| Operating CF | -$57.0M | -$143.7M | -$140.0M |
| CapEx | - | $2.0M | $924K |
Source: XBRL data in LGI Homes, Inc. (LGIH)'s 10-K filings on SEC EDGAR, in USD. Compare across companies →
13F Fund Holdings: Quarterly Trend
Latest: Q2 2026Aggregate LGIH share value held by 13F filers tracked by SignalX, by quarter.
Quarterly totals table
| Quarter | Funds | Total value |
|---|---|---|
| Q2 2026 | 29 | $729.2M |
| Q1 2026 | 30 | $430.1M |
| Q4 2025 | 28 | $443.5M |
| Q3 2025 | 28 | $550.8M |
| Q2 2025 | 27 | $559.0M |
| Q1 2025 | 23 | $455.3M |
| Q4 2024 | 19 | $566.9M |
| Q3 2024 | 17 | $438.5M |
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- Morgan Stanley+118.9K (+38%)
- Dimensional Fund Advisors−359.3K (-33%)
- Millennium Management−198.7K (-36%)
- FMR LLC (Fidelity)−111.2K (-97%)
- JPMorgan Chase & Co−34.9K (-63%)
- State Street Corp−33.3K (-3%)
- Marex Group plc−7.7K
Source: 13F-HR filings on SEC EDGAR (aggregated from 201 fund-quarter rows). Reflects only 13F filers tracked by SignalX, not the full institutional ownership universe. How 13F filings work
LGIH filing archive
AI analysis pages for each 10-K, 10-Q and 8-K
10-K annual reports
10-Q quarterly reports
8-K current reports
Latest 2026 SEC Filings: 10-K, 10-Q, 8-K & Form 4
| Form | Filing date | Period | Analysis | SEC |
|---|---|---|---|---|
| 10-Q | Aug 4, 2026 | Jun 30, 2026 | Analysis | |
| 8-K | Aug 4, 2026 | - | Analysis | - |
| 8-K | Jun 10, 2026 | - | Analysis | |
| SC 13G | Apr 29, 2026 | - | - | |
| 8-K | Apr 28, 2026 | - | Analysis | - |
| 10-Q | Apr 28, 2026 | Mar 31, 2026 | Analysis | |
| 8-K | Apr 27, 2026 | - | Analysis | - |
| 4 | Mar 10, 2026 | - | - | - |
| 4 | Mar 10, 2026 | - | - | - |
| 4 | Mar 10, 2026 | - | - | - |
| 4 | Mar 10, 2026 | - | - | - |
| 4 | Mar 10, 2026 | - | - | - |
| 10-K | Feb 20, 2026 | Dec 31, 2025 | Analysis | |
| 8-K | Feb 17, 2026 | - | - | |
| 4 | Dec 17, 2025 | - | - | |
| 4 | Dec 17, 2025 | - | - | |
| 4 | Dec 17, 2025 | - | - | |
| 4 | Dec 17, 2025 | - | - | |
| 4 | Dec 17, 2025 | - | - | |
| 4 | Dec 17, 2025 | - | - | |
| SC 13G | Nov 10, 2025 | - | - | |
| 10-Q | Nov 4, 2025 | Sep 30, 2025 | Analysis | |
| 10-Q | Aug 5, 2025 | Jun 30, 2025 | - | |
| 10-Q | Apr 30, 2025 | Mar 31, 2025 | - | |
| 10-K | Feb 26, 2025 | Dec 31, 2024 | - |
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LGIH SEC filings: frequently asked questions
Which institutions hold LGIH stock?
As of June 30, 2026, the largest LGI Homes, Inc. (LGIH) holders among the 13F filers tracked by SignalX were BlackRock ($226.8 million), Vanguard Portfolio Management LLC ($82.4 million), State Street Corp ($76.9 million), Vanguard Capital Management LLC ($56.3 million), Dimensional Fund Advisors ($46.1 million). 13F-HR reports are filed up to 45 days after each quarter ends.
What was LGIH's revenue in fiscal year 2025?
For the fiscal year ended December 31, 2025 (FY2025), LGI Homes, Inc. (LGIH) reported revenue of $1.7 billion (down 22.6% from FY2024) and net income of $72.6 million. Diluted EPS was $3.12. The figures come from the XBRL data in the 10-K.
What are the main risks in LGIH's latest 10-K?
In the 10-K filed February 20, 2026, LGI Homes, Inc. (LGIH) flagged: Regulatory risk: FASB ASU 2023-09 effective after Dec 15, 2024, requires expanded income tax disclosures by jurisdiction for taxes >5% of total paid. Macroeconomic risk: $1.6B notes payable and borrowings under Credit Agreement exposed to Interest rate risk at SOFR +1.85% margin, with SOFR floor at 0.50%. (AI summary of the Risk Factors section.)
What did LGIH report in its latest 8-K?
LGI Homes, Inc. (LGIH) filed an 8-K on August 4, 2026 reporting Item 2.02 (Results of Operations and Financial Condition). Item 2.02 incorporates Exhibit 99.1, which contains LGI Homes’ fiscal-year 2026 results.
What are the latest LGIH SEC filings?
LGI Homes, Inc. (LGIH) filed its latest 10-K annual report on February 20, 2026, a 10-Q quarterly report on August 4, 2026, an 8-K current report on August 4, 2026 and a Form 4 insider filing on March 10, 2026.
What is LGIH's SEC CIK number?
LGI Homes, Inc. (LGIH)'s SEC Central Index Key (CIK) is 1580670. EDGAR lists every LGIH filing under that number.
Ask anything about LGIH
The research agent reads LGIH's filings, financials, insider trades and 13F holders, then answers with sources.