Short answer
LGI Homes, Inc. (LGIH) filed an 8-K current report with the SEC on April 28, 2026 reporting Item 2.02 (Results of Operations and Financial Condition), Item EX-99.1 (Exhibit EX-99.1). Item 2.02 incorporates Exhibit 99.1, which contains LGI Homes’ fiscal-year 2026 results.
LGI Homes, Inc. 8-K event analysis
AI summary of each reported item and its exhibits
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 · Exhibit 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%
- Backlog 1,699 homes worth $660.5M, up 63.4% year over year, but cancellation rate increased to 45.6% from 16.3%
- Adjusted EPS $0.24 versus $0.17, while GAAP EPS fell to $0.09 due partly to $4.7M inventory impairment
- Liquidity $355.0M and net debt-to-capital 44.0%, providing funding capacity amid $1.71B total debt
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