Recent Updates — LGIH

LGI Homes, Inc. entered into a Seventh Amendment to its Fifth Amended and Restated Credit Agreement on October 9, 2026. The amendment extends the maturity of certain lender commitments to October 9, 2030, while maintaining aggregate revolving commitments of approximately $1.166 billion, including a $175 million incremental facility. The filing also notes modifications to borrowing base values and financial covenants. LGI Homes builds and sells homes in various markets across the United States.

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.