LGI Homes LGIH West — Inventory impairment
Other segment segments
Similar metrics at other companies
Other financials
Where this comes from
Reported directly by LGI Homes in its filing.
Tagged under the XBRL concept us-gaap:InventoryWriteDown.
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
During the three months ended March 31, 2026, the Company recognized $4.7 million of impairment charges related to inventory, which were recorded in inventory on the consolidated balance sheets and cost of sales in the consolidated statement of operations. Of the total impairment charge, $2.4 million was related to our Florida reportable segment and $2.3 million was related to our Central reportable segment. The impairment charges were measured at fair value and classified within Level 3 of the fair value hierarchy.
Item 1. LGI Homes, Inc. Consolidated Financial Statements (Unaudited)
FAQ
- What is LGI Homes's west — inventory impairment?
- LGI Homes (LGIH) reported west — inventory impairment of $2.4M in Q1 2026.
- What does west — inventory impairment mean?
- Represents the non-cash charge recognized when the carrying value of real estate inventory within a specific geographic segment exceeds its estimated fair value. This metric serves as a critical indicator of market health and potential oversupply or pricing pressure within the region. Investors monitor this to assess management's ability to accurately value land and construction assets in volatile housing markets.
Ask your AI about LGI Homes's west — inventory impairment.
Connect your AI assistant and compare segments, right in your chat.
