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LGI Homes LGIH Central — Cost of Sales

Other segment segments

Northwest
$58.3M+12.6%
West
$40.38M+2.9%
Southeast
$31.17M+9.7%

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Other financials

Income statement

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Revenue$319.7M-9.0%
Gross profit$59.9M-18.7%
Operating income-$582.0K-444%
Net income$2.2M-45.9%
EPS (diluted)$0.09-47.1%

Balance sheet

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Cash & equivalents$60.9M+5.7%
Total debt$5.0M-17.3%
Total equity$2.1B+2.9%
Total assets$4.0B+3.1%

Cash flow

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Operating cash flow-$55.5M+56.3%
CapEx$696.0K-16.2%
Free cash flow-$56.2M+56.1%

Valuation

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Market cap$1.4B+6.3%
Enterprise value$1.34B+6.5%
P/E19.7×+11.3×
P/S0.8×+0.2×

Profitability

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Gross margin20.3%-3.5pp
Operating margin4.7%-4.2pp
Net margin4.2%-4.2pp
FCF margin-10.5%-12.7pp

Returns & leverage

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Return on equity3.4%-5.9pp
Debt / equity0.0×

Where this comes from

Reported directly by LGI Homes in its filing.

Tagged under the XBRL concept us-gaap:CostOfGoodsAndServicesSold.

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 itemThree Months Ended March 31, 2026Three Months Ended March 31, 2025
Total home sales revenues$319,736$351,420
Cost of sales:
Central (1)$73,456$80,515
Southeast56,49577,721
Northwest31,17128,422
West58,30151,795
Florida (1)40,38439,254
Total cost of sales$259,807$277,707

Item 1. LGI Homes, Inc. Consolidated Financial Statements (Unaudited)

FAQ

What is LGI Homes's central — cost of sales?
LGI Homes (LGIH) reported central — cost of sales of $56.5M in Q1 2026.
How has LGI Homes's central — cost of sales changed year-over-year?
LGI Homes's central — cost of sales decreased by 27.3% year-over-year, from $77.72M to $56.5M.
What is the long-term trend for LGI Homes's central — cost of sales?
Over 3 years (2022 to 2025), LGI Homes's central — cost of sales has grown at a -22.4% compound annual growth rate (CAGR), from $716.49M to $335.12M.
What does central — cost of sales mean?
Includes all direct and indirect costs associated with the construction and delivery of homes, such as land, labor, materials, and capitalized interest. This metric is essential for calculating gross margins and evaluating the operational efficiency of the homebuilding process. High costs relative to revenue may signal supply chain pressures or inefficient construction management.

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