LGI Homes reported third-quarter 2026 financial results with homebuilding revenues of $437.5 million, up 10.3% year-over-year, driven by a 10.4% increase in total home closings to 1,222 units. Net income reached $24.6 million, or $1.05 per diluted share, supported by an adjusted homebuilding gross margin of 23.7%. The company narrowed its full-year 2026 home closing guidance to between 4,600 and 4,800 homes, citing affordability pressures slowing sales activity, while reiterating other outlook items including active community counts and average sales prices. LGI Homes operates in the residential homebuilding industry, designing, constructing, and selling homes across multiple U.S. markets.
