Filing Flows › LGI Homes (LGIH) › Q2 2026 › vs Q2 2025
LGI Homes (LGIH) Q2 2026 vs Q2 2025 (year over year)
LGI Homes's revenue rose $27.8M (+6%) from $488M in Q2 2025 to $516M in Q2 2026. The biggest changes: Home Building +$18.0M (+4%); Land and Other +$9.8M (+206%). Operating margin 7.1% against 8.1% (-1.0 pts).
LGI Homes, Q2 2026: revenue $516M (+6% year over year), operating margin 7.1%, net earnings $27.0M, operating cash flow $115M. The chart draws each line against Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Operating margin | 7.1% | 8.1% | -1.0 pts |
| Net margin | 5.2% | 6.5% | -1.2 pts |
| Free cash flow margin | 22.0% | -17.7% | +39.7 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Retail Homebuilding | $428M | $412M | $16.0M | +4% |
| Wholesale Homebuilding | $73.5M | $71.4M | $2.1M | +3% |
| Home Building | $502M | $483M | $18.0M | +4% |
| Land and Other | $14.5M | $4.8M | $9.8M | +206% |
| Revenue | $516M | $488M | $27.8M | +6% |
| Operating profit | $36.6M | $39.6M | −$3.0M | -8% |
| Costs & expenses | $479M | $449M | $30.8M | +7% |
| Pre-tax earnings | $36.6M | $42.0M | −$5.4M | -13% |
| Net earnings | $27.0M | $31.5M | −$4.5M | -14% |
| Income tax | $9.6M | $10.5M | −$900K | -9% |
| Depreciation & amortization | $1.3M | $1.0M | $317K | +31% |
| Share-based compensation | $2.2M | $2.8M | −$577K | -20% |
| Working capital & other | $84.0M | −$122M | $206M | — |
| Operating cash flow | $115M | −$86.4M | $201M | — |
| Free cash flow (OCF − capex) | $114M | −$86.4M | $200M | — |
| Capital expenditures | $816K | $54K | $762K | 15× |
Questions
How much did LGI Homes's revenue grow year over year in Q2 2026?
LGI Homes's revenue rose $27.8M (+6%) from $488M in Q2 2025 to $516M in Q2 2026.
What drove LGI Homes's revenue change in Q2 2026?
Home Building +$18.0M (+4%); Land and Other +$9.8M (+206%).