LGI Homes, Inc. (LGIH) Income Statement
LGIH 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsLGIH revenue and net income
Where LGIH's revenue goes
2025Each bar shows an amount and its share of revenue. LGIH kept 4.3% of revenue as net income.
LGIH profit margins
LGIH growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −22.6% | −9.5% | −6.4% | +10.5% |
| Gross profit | −33.7% | −18.2% | −10.1% | +7.8% |
| Operating income | −62.4% | −41.1% | −26.2% | +0.0% |
| Net income | −63.0% | −39.4% | −25.9% | +3.2% |
| EPS (diluted) | −59.6% | −37.5% | −22.1% | +2.9% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
LGIH quarterly EPS vs estimates
LGI Homes beat the analyst EPS estimate in 4 of the last 8 quarters. Next report: November 3, 2026 (estimate $0.72).
LGIH income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.71B | $2.20B | $2.36B | $2.30B | $3.05B | $2.37B | $1.84B | $1.50B | $1.26B | $838.3M |
| Cost of revenue | $1.35B | $1.67B | $1.82B | $1.66B | $2.23B | $1.76B | $1.40B | $1.12B | $937.5M | $616.7M |
| Gross profit | $353.5M | $533.3M | $542.2M | $646.6M | $818.0M | $603.1M | $436.5M | $379.9M | $320.4M | $221.6M |
| Research & development | — | — | — | — | — | — | — | $0 | $0 | $0 |
| Sales, general & admin | $273.8M | $321.1M | $308.9M | $256.5M | $270.3M | $238.4M | $208.9M | $179.8M | $150.6M | $110.1M |
| Total operating expenses | $273.8M | $321.1M | $308.9M | $256.5M | $270.3M | $238.4M | $208.9M | $179.8M | $150.6M | $110.1M |
| Operating income | $79.8M | $212.1M | $233.3M | $390.1M | $547.7M | $364.7M | $227.5M | $200.1M | $169.8M | $111.5M |
| Interest expense | — | — | $87.6M | $29.6M | $28.4M | $3.8M | $45.6M | $0 | $0 | $0 |
| Income before taxes | $98.5M | $258.9M | $261.8M | $418.1M | $542.8M | $367.8M | $231.8M | $199.1M | $171.4M | $113.7M |
| Income taxes | $25.9M | $62.8M | $62.5M | $91.5M | $113.1M | $44.0M | $53.2M | $43.8M | $58.1M | $38.6M |
| Net income | $72.6M | $196.1M | $199.2M | $326.6M | $429.6M | $323.9M | $178.6M | $155.3M | $113.3M | $75.0M |
| EBITDA | $102.8M | $262.0M | $264.2M | $391.7M | $543.9M | $365.4M | $231.5M | $202.2M | $170.6M | $112.6M |
| EPS (diluted) | $3.35 | $8.30 | $8.42 | $13.75 | $17.24 | $11.67 | $7.02 | $6.36 | $4.74 | $3.42 |
| Gross margin | 20.7% | 24.2% | 23.0% | 28.1% | 26.8% | 25.5% | 23.7% | 25.3% | 25.5% | 26.4% |
| Operating margin | 4.7% | 9.6% | 9.9% | 16.9% | 18.0% | 15.4% | 12.4% | 13.3% | 13.5% | 13.3% |
| Net margin | 4.3% | 8.9% | 8.4% | 14.2% | 14.1% | 13.7% | 9.7% | 10.3% | 9.0% | 9.0% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $516.0M | $319.7M | $474.0M | $396.6M | $483.5M | $351.4M | $557.4M | $651.9M | $602.5M | $390.9M | $608.4M | $617.5M |
| Cost of revenue | $414.4M | $259.8M | $390.9M | $310.5M | $372.9M | $277.7M | $429.9M | $488.4M | $451.6M | $299.4M | $465.8M | $458.7M |
| Gross profit | $101.7M | $59.9M | $83.1M | $86.1M | $110.6M | $73.7M | $127.5M | $163.5M | $150.9M | $91.4M | $142.6M | $158.8M |
| Sales, general & admin | $72.7M | $60.5M | $65.6M | $63.1M | $71.0M | $73.5M | $81.9M | $83.2M | $83.4M | $72.7M | $82.8M | $76.5M |
| Total operating expenses | $72.7M | $60.5M | $64.6M | $64.6M | $71.0M | $73.5M | $81.9M | $83.2M | $83.4M | $72.7M | $82.8M | $76.5M |
| Operating income | $29.0M | −$582,000 | $18.5M | $21.5M | $39.6M | $169,000 | $45.6M | $80.3M | $67.5M | $18.7M | $59.8M | $82.3M |
| Interest expense | — | — | — | — | — | — | — | — | $0 | — | $6.3M | $21.6M |
| Income before taxes | $36.6M | $4.3M | $24.0M | $26.7M | $42.0M | $5.7M | $67.1M | $91.9M | $76.9M | $23.1M | $68.5M | $89.4M |
| Income taxes | $9.6M | $2.2M | $6.7M | $7.0M | $10.5M | $1.7M | $16.2M | $22.3M | $18.3M | $6.0M | $16.5M | $22.4M |
| Net income | $27.0M | $2.2M | $17.3M | $19.7M | $31.5M | $4.0M | $50.9M | $69.6M | $58.6M | $17.1M | $52.1M | $67.0M |
| EBITDA | $37.9M | $5.5M | $25.3M | $27.9M | $43.1M | $6.6M | $67.9M | $92.7M | $69.5M | $23.8M | $69.2M | $90.2M |
| EPS (diluted) | $1.16 | $0.24 | $0.97 | $0.85 | $1.36 | $0.17 | $2.15 | $2.95 | $2.48 | $0.72 | $2.19 | $2.84 |
| Gross margin | 19.7% | 18.7% | 17.5% | 21.7% | 22.9% | 21.0% | 22.9% | 25.1% | 25.0% | 23.4% | 23.4% | 25.7% |
| Operating margin | 5.6% | −0.2% | 3.9% | 5.4% | 8.2% | 0.0% | 8.2% | 12.3% | 11.2% | 4.8% | 9.8% | 13.3% |
| Net margin | 5.2% | 0.7% | 3.7% | 5.0% | 6.5% | 1.1% | 9.1% | 10.7% | 9.7% | 4.4% | 8.6% | 10.9% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in LGIH's financial statements (latest annual report filed February 20, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
LGIH financial results
In fiscal year 2025 (ended December 31, 2025), LGI Homes reported revenue of $1.7 billion, down 22.6% from the year before. It had net income of $72.6 million (down 63.0%), a net profit margin of 4.3%. Diluted earnings per share came to $3.35. Over five years revenue grew at an average rate of −6.4% a year.
See the LGIH stock overview for the latest quote and news, or the LGIH chart for price history and technical indicators.
LGIH income statement FAQ
What is LGI Homes's annual revenue?
LGI Homes reported total revenue of $1.7 billion for fiscal year 2025, which ended on December 31, 2025. That was down 22.6% from $2.2 billion the previous year.
Is LGI Homes profitable?
Yes. LGI Homes reported net income of $72.6 million in fiscal 2025, a net profit margin of 4.3%; its operating margin was 4.7%.
What is LGI Homes's gross margin?
LGI Homes's gross margin was 20.7% in fiscal 2025: for every $100 of revenue, LGI Homes kept $21 after the direct cost of its products and services.
How fast is LGI Homes growing?
Revenue grew −6.4% a year on average over the last five fiscal years, from $2.4 billion to $1.7 billion.
What are LGI Homes's earnings per share?
LGI Homes earned $3.35 per diluted share in fiscal 2025, compared with $8.30 a year earlier.
When will LGI Homes report its next earnings?
LGI Homes is expected to report results for the quarter ending September 30, 2026 on November 3, 2026 before the market opens.
When does LGI Homes's fiscal year end?
LGI Homes's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 20, 2026.