Filing Flows › LGI Homes (LGIH) › Q3 2026 › vs Q3 2025
LGI Homes (LGIH) Q3 2026 vs Q3 2025 (year over year)
LGI Homes's revenue rose $41.0M (+10%) from $404M in Q3 2025 to $444M in Q3 2026. The biggest changes: Home Building +$40.9M (+10%); Land and Other +$88K (+1%). Operating margin 7.5% against 5.3% (+2.2 pts).
LGI Homes, Q3 2026: revenue $444M (+10% year over year), operating margin 7.5%, net earnings $24.6M, operating cash flow $38.9M. The chart draws each line against Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Operating margin | 7.5% | 5.3% | +2.2 pts |
| Net margin | 5.5% | 4.9% | +0.6 pts |
| Free cash flow margin | 8.5% | -3.3% | +11.8 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Retail Homebuilding | $357M | $342M | $14.5M | +4% |
| Wholesale Homebuilding | $80.8M | $54.5M | $26.3M | +48% |
| Home Building | $438M | $397M | $40.9M | +10% |
| Land and Other | $7.0M | $6.9M | $88K | +1% |
| Revenue | $444M | $404M | $41.0M | +10% |
| Operating profit | $33.3M | $21.5M | $11.8M | +55% |
| Costs & expenses | $411M | $382M | $29.1M | +8% |
| Pre-tax earnings | $33.3M | $26.7M | $6.6M | +25% |
| Net earnings | $24.6M | $19.7M | $4.9M | +25% |
| Income tax | $8.8M | $7.0M | $1.8M | +25% |
| Depreciation & amortization | $1.6M | $1.2M | $385K | +33% |
| Share-based compensation | $2.2M | $1.6M | $615K | +38% |
| Working capital & other | $10.6M | −$35.7M | $46.3M | — |
| Operating cash flow | $38.9M | −$13.2M | $52.2M | — |
| Free cash flow (OCF − capex) | $37.9M | −$13.3M | $51.2M | — |
| Capital expenditures | $997K | $39K | $958K | 26× |
Questions
How much did LGI Homes's revenue grow year over year in Q3 2026?
LGI Homes's revenue rose $41.0M (+10%) from $404M in Q3 2025 to $444M in Q3 2026.
What drove LGI Homes's revenue change in Q3 2026?
Home Building +$40.9M (+10%); Land and Other +$88K (+1%).