What is LGI Homes's inventory write-downs?

LGI Homes (LGIH) reported inventory write-downs of $4.68M in Q1 2026.

What does inventory write-downs mean?

This represents non-cash charges taken to reduce the carrying value of inventory when its market value falls below its cost basis. It serves as a critical indicator of potential oversupply, declining demand, or obsolescence within the company's housing inventory portfolio.

LGI Homes LGIH Inventory write-downs

Inventory write-downs at other companies

Taylor Morrison Home CorporationTMHC

$8.18M-45.0%

Segments

By segment

See full

West$2.4M—

Central$2.3M—

Other financials

Income statement

See full

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

See full

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

See full

Operating cash flow-$55.5M+56.3%

CapEx$696.0K-16.2%

Free cash flow-$56.2M+56.1%

Valuation

See full

Market cap$1.45B+29.3%

Enterprise value$1.4B+30.3%

P/E20.6×+14.4×

P/S0.9×+0.3×

Profitability

See full

Gross margin20.3%-3.5pp

Operating margin4.7%-4.2pp

Net margin4.2%-4.2pp

FCF margin-10.5%-12.7pp

Returns & leverage

See full

Return on equity3.4%-5.9pp

Debt / equity0×0.0×

Where this comes from

Reported directly by LGI Homes in its filing.

Tagged under the XBRL concept us-gaap:InventoryWriteDown.

The official record: LGI Homes’s 10-Q, filed April 28, 2026, on SEC EDGAR. View the filing →

Ask your AI about LGI Homes's inventory write-downs.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is LGI Homes's inventory write-downs?: LGI Homes (LGIH) reported inventory write-downs of $4.68M in Q1 2026.
What does inventory write-downs mean?: This represents non-cash charges taken to reduce the carrying value of inventory when its market value falls below its cost basis. It serves as a critical indicator of potential oversupply, declining demand, or obsolescence within the company's housing inventory portfolio.