Filing Flows › LGI Homes (LGIH) › Q4 2025
LGI Homes (LGIH) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Feb 20, 2026
LGI Homes (LGIH) reported revenue of $430M for the fourth quarter 2025 (Q4 2025), -23% from a year earlier and +7% from the quarter before. Operating margin was 4.3%, net earnings $17.3M (4.0% of revenue).
LGI Homes, Q4 2025: revenue $430M (-23% year over year), operating margin 4.3%, net earnings $17.3M, operating cash flow $86.8M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $430M | +7% | -23% |
| Operating profit | $18.5M | -14% | -59% |
| Net earnings | $17.3M | -12% | -66% |
| Operating cash flow | $86.8M | — | +52% |
What changed
Revenue was $430.4M in Q4 2025, down 23% year over year and up 7% from the previous quarter.
Operating profit was $18.5M, a 4.3% margin (down 3.9 points year over year). Total costs fell 20% while revenue fell 23%. Net earnings were $17.3M, down 66% year over year. The effective tax rate was 27.9%. Non-operating items added $5.5M, 23% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $86.8M (up 52% year over year), 501% of net earnings. Non-cash charges added back $1.3M of depreciation and amortization. Working capital and other items added $68.2M.
Questions
What was LGI Homes' revenue in the fourth quarter 2025?
LGI Homes (LGIH) reported revenue of $430M for the fourth quarter 2025 (Q4 2025), -23% from a year earlier and +7% from the quarter before.
Was LGI Homes profitable in the fourth quarter 2025?
Operating profit was $18.5M (4.3% of revenue) and net earnings $17.3M.
Source: LGI Homes 10-K on SEC EDGAR.