LGI Homes LGIH Standard Product Warranty Accrual
Standard Product Warranty Accrual at other companies
Other financials
Where this comes from
Reported directly by LGI Homes in its filing.
Tagged under the XBRL concept us-gaap:ProductWarrantyAccrual.
The official record: LGI Homes’s 10-Q, filed April 28, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is LGI Homes's standard product warranty accrual?
- LGI Homes (LGIH) reported standard product warranty accrual of $14.3M in Q1 2026.
- How has LGI Homes's standard product warranty accrual changed year-over-year?
- LGI Homes's standard product warranty accrual decreased by 13.3% year-over-year, from $16.5M to $14.3M.
- What is the long-term trend for LGI Homes's standard product warranty accrual?
- Over 5 years (2020 to 2025), LGI Homes's standard product warranty accrual has grown at a 22.1% compound annual growth rate (CAGR), from $5.35M to $14.5M.
- What does standard product warranty accrual mean?
- Represents the estimated liability for future costs associated with repairing or replacing defects in homes sold under warranty. This accrual is based on historical experience and current construction quality standards. It serves as a proxy for potential future cash outflows related to construction quality and customer service obligations.