Filing Flows › LGI Homes (LGIH) › How it makes money
How LGI Homes (LGIH) makes money
LGI Homes (LGIH) made $444M of revenue in the third quarter 2026 (Q3 2026), +10% from a year earlier. Home Building brought in $438M (98%); Land and Other brought in $7.0M (2%). Of every dollar of revenue, 7¢ was left as operating profit, 6¢ was left as net earnings.
Drawing the Sankey…
Revenue by segment, Q3 2026
| Segment | Revenue | Share | Q/Q | Y/Y |
|---|---|---|---|---|
| Home Building | $438M | 98.4% | -13% | +10% |
| ↳ Retail Homebuilding | $357M | 80.2% | -17% | +4% |
| ↳ Wholesale Homebuilding | $80.8M | 18.2% | +10% | +48% |
| Land and Other | $7.0M | 1.6% | -52% | +1% |
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $444M | 100.0% |
| Operating profit | $33.3M | 7.5% |
| Income tax | $8.8M | 2.0% |
| Net earnings | $24.6M | 5.5% |
| Operating cash flow | $38.9M | 8.8% |
| Free cash flow | $37.9M | 8.5% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $444M | +10% |
| Q2 2026 | $516M | +6% |
| Q1 2026 | $320M | -9% |
| Q4 2025 | $430M | -23% |
| Q3 2025 | $404M | -38% |
| Q2 2025 | $488M | -19% |
| Q1 2025 | $351M | -10% |
From LGI Homes' 10-Q filed Nov 3, 2026 (on EDGAR).
Questions
How does LGI Homes make money?
LGI Homes (LGIH) made $444M of revenue in the third quarter 2026 (Q3 2026), +10% from a year earlier. Home Building brought in $438M (98%); Land and Other brought in $7.0M (2%). Of every dollar of revenue, 7¢ was left as operating profit, 6¢ was left as net earnings.
What is LGI Homes' biggest business?
Home Building: $438M in the third quarter 2026, 98% of revenue, +10% from a year earlier.
What is LGI Homes' profit margin?
Net earnings were $24.6M, 5.5% of revenue, in the third quarter 2026; the operating margin was 7.5%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.