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LGI Homes LGIH Contract Liabilities
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Where this comes from
Reported directly by LGI Homes in its filing.
Tagged under the XBRL concept us-gaap:ContractWithCustomerLiability.
The source filing: LGI Homes’s 10-Q, filed April 28, 2026.
- Filed
- Apr 28, 2026, 4:30 PM EDT
- Fiscal quarter
- Q1 FY2026
- Calendar quarter
- Q1 2026
- Accession
- 0001580670-26-000048
| Line item | March 31, 2026 | December 31, 2025 |
|---|---|---|
| Accrued compensation, bonuses and benefits | 7,703 | 14,677 |
| Warranty reserve | 14,300 | 14,500 |
| Accrued interest | 26,929 | 14,223 |
| Inventory related obligations | 11,371 | 11,641 |
| Lease liability | 5,049 | 5,139 |
| Contract deposits | 6,380 | 5,845 |
| Other | 16,079 | 17,163 |
| Total accrued expenses and other liabilities | $159,725 | $157,971 |
Item 1. LGI Homes, Inc. Consolidated Financial Statements (Unaudited)
FAQ
- What is LGI Homes's contract liabilities?
- LGI Homes (LGIH) reported contract liabilities of $6.38M in Q1 2026.
- How has LGI Homes's contract liabilities changed year-over-year?
- LGI Homes's contract liabilities increased by 22.8% year-over-year, from $5.2M to $6.38M.
- What is the long-term trend for LGI Homes's contract liabilities?
- Over 5 years (2020 to 2025), LGI Homes's contract liabilities has grown at a -19.4% compound annual growth rate (CAGR), from $17.15M to $5.85M.
- What does contract liabilities mean?
- Revenue collected or billed in advance of performance — deferred revenue under ASC 606 terminology, representing future revenue obligations.
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