LGI Homes Inc 2026年季度报告

FORM 10-Q (Mark One) Quarterly Report Pursuant to Section13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended March31, 2026 OR For the transition period fromto.Commission file number 001-36126 LGI HOMES, INC. (Exact name of registrant as specified in its charter) 46-3088013 (I.R.S. Employer Identification No.) 1450 Lake Robbins Drive, Suite 430,The Woodlands, Texas77380(Address of principal executive offices)(Zip code) (281) 362-8998 (Registrant’s Telephone Number, Including Area Code) Securities registered pursuant to Section 12(b) of the Act:Title of each class Trading symbol(s)LGIH Indicate by check mark whether the registrant (1)has filed all reports required to be filed by Section13 or 15(d) of the Securities Exchange Act of 1934during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2)has been subject to such filingrequirements for the past 90 days. Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 ofRegulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files).Yes☒No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company or anemerging growth company. See definition of “large accelerated filer,” “accelerated filer,” “smaller reporting company” and “emerging growth company” inRule12b-2oftheExchangeAct. AcceleratedfilerSmallerreportingcompanyEmerging growth company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any newor revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Table of Contents Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes☐No☒As of April23, 2026, there were 23,232,279 shares of the registrant’s common stock, par value $0.01 per share, outstanding. TABLE OF CONTENTS PARTI-FINANCIAL INFORMATIONItem 1.LGI Homes, Inc. Consolidated Financial Statements (Unaudited)Consolidated Balance Sheets as of March 31, 2026 and December31, 2025Consolidated Statements of Operations for the Three Months Ended March 31, 2026 and 2025Consolidated Statements of Equity for the Three Months Ended March 31, 2026 and 2025Consolidated Statements of Cash Flows for the Three Months Ended March 31, 2026 and 2025Notes to the Consolidated Financial StatementsItem 2.Management’s Discussion and Analysis of Financial Condition and Results of OperationsItem 3.Quantitative and Qualitative Disclosures About Market RiskItem 4.Controls and Procedures PARTII-OTHER INFORMATIONItem 1A.Risk FactorsItem 5.Other InformationItem 6.Exhibits SIGNATURES LGI HOMES, INC.CONSOLIDATED BALANCE SHEETS(Unaudited)(In thousands, except share data) March 31,December 31,20262025ASSETSCash and cash equivalents$60,860$61,247Accounts receivable45,01132,467Real estate inventory3,540,7313,520,563Pre-acquisition costs and deposits24,97028,950Property and equipment, net124,805107,145Other assets192,849154,948Deferred tax assets, net8,9219,904Goodwill12,01812,018Total assets$4,010,165$3,927,242 LGI HOMES, INC.CONSOLIDATED STATEMENTS OF OPERATIONS(Unaudited)(In thousands, except share and per share data) LGI HOMES, INC.CONSOLIDATED STATEMENTS OF EQUITY(Unaudited)(In thousands, except share data) LGI HOMES, INC.NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS(Unaudited) 1.ORGANIZATION AND BASIS OF PRESENTATION Organization and Description of the Business LGI Homes, Inc., a Delaware corporation (the “Company”, “we,” “us,” or “our”), is headquartered in The Woodlands, Texas. Weengage in the development of communities and the design, construction and sale of new homes in markets in Texas, Arizona, Florida,Georgia, New Mexico, Colorado, North Carolina, South Carolina, Washington, Tennessee, Minnesota, Oklahoma, Alabama, California,Oregon, Nevada, West Virginia, Virginia, Pennsylvania, Maryland and Utah. Basis of Presentation The unaudited consolidated financial statements have been prepared in accordance with U.S. Generally Accepted AccountingPrinciples (“GAAP”) for interim financial information and with the instructions to Form 10-Q and Article 10 of Regulation S-X.Accordingly, they do not include all of the information and footnotes required by GAAP for complete financial statements. These financialstatements should be read in conjunction with the consolidated financial statements included in our Annual Report on Form 10-K for thefiscal year ended December31, 2025. In the opinion of management, the accompanying unaudited consolidated financial statements includeall adjustments that are of a normal recurring nature and necessary for the fair presen