Recent Updates — LGIH
LGI Homes, Inc. reported financial results for the second quarter ended June 30, 2026, delivering 1,440 homes and generating $516.0 million in total revenues. The company achieved a homebuilding gross margin of 19.8% and reduced debt by $128.6 million to end with a debt-to-capital ratio of 42.6%. LGI Homes raised its full-year 2026 guidance, expecting average sales prices between $360,000 and $370,000 and homebuilding gross margins between 19.0% and 21.0%. The company operates in the residential homebuilding industry.
LGI Homes, Inc. dismissed Ernst & Young LLP as its independent registered public accounting firm on June 8, 2026, and appointed Deloitte & Touche LLP as its new independent registered public accounting firm effective immediately. The company reported no disagreements with E&Y regarding accounting principles, financial statement disclosure, or auditing scope. LGI Homes, Inc. is a homebuilder operating in the residential construction industry.