Quarter ended June 30, 2026.
| Closings | 1,365 (↑3%) |
| Revenue | $516.0M (↑6%) |
| Gross margin | 19.8% |
| Orders | 1,039 (↓5%) |
Commentary
Wholesale sales to institutional buyers jumped to 21.6% of LGI’s closings, absorbing homes while nearly half of retail buyers cancelled (49.4%), mostly over financing.
Source: LGI Homes 8-K and earnings call.
