Short answer
LGI Homes, Inc. (LGIH) filed its Q3 2025 10-Q quarterly report on Nov 4, 2025 for the quarter ended Sep 30, 2025. Quarterly revenue was $397M (down 39.2% year over year) with net income of $20M.
Q3 2025 key financials · XBRL
- Revenue
- $397M
- −39.2% YoY · −18.0% QoQ
- Net income
- $20M
- −71.7% YoY · −37.5% QoQ
- Operating margin
- 5.4%
- EPS (diluted)
- $0.85
- −71.2% YoY · −37.0% QoQ
Source: XBRL data from the LGI Homes, Inc. (LGIH) Q3 2025 10-Q on SEC EDGAR. USD.
LGI Homes, Inc. Q3 2025 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Q3 home sales revenue $396.6M, down 39.2% from $651.9M YoY
- Gross margin 21.5% vs 25.1%; EBITDA margin 9.8% vs 16.2% YoY
- Southeast largest segment: $101.4M revenue and $10.7M pretax income; Florida weakest: $54.8M revenue and $(1.1)M pretax income
- Closings fell to 1,065 from 1,757; average sales price $372,424 vs $371,004
- Headwinds: elevated mortgage rates, affordability constraints, subdued sentiment, and government-shutdown delays to FHA, VA, and USDA loans
Risk Factors
- No material changes to 10-K risk factors for fiscal year ended December 31, 2024
- Change-in-control compensation exposure from new CIC Plan authorized October 30, 2025
- Executive severance exposure: Mr. Lipar eligible for three times salary plus target bonus
- Benefits-continuation obligation: 18 months for covered executives after qualifying termination
- Insider-trading compliance: COO trading arrangement allows up to $2.0 million of stock sales through November 23, 2026
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
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