LGI Homes — Aug 5, 2025 release

Balance Sheet Highlights • 367,568 shares of common stock were repurchased during the second quarter of 2025 for an aggregate amount of $20.6 million • Total liquidity of $322.6 million at June 30, 2025, including cash and cash equivalents of $59.6 million and $263.0 million of availability under the Company’s revolving credit facility • Net debt to capitalization of 45.0% at June 30, 2025 Third Quarter 2025 Outlook Subject to the caveats in the Forward-Looking Statements section of this press release and the assumptions noted below, the Company is providing the following guidance for the third quarter of 2025. The Company expects: • Home closings between 1,100 and 1,300 • Active selling communities at the end of the third quarter of 2025 of approximately 145 • Average sales price per home closed between $360,000 and $365,000 • Gross margin as a percentage of home sales revenues between 21.5% and 22.5% • Adjusted gross margin (non-GAAP) as a percentage of home sales revenues between 24.0% and 25.0% with capitalized interest accounting for substantially all of the difference between gross margin and adjusted gross margin • SG&A as a percentage of home sales revenues between 15.0% and 16.0% • Effective tax rate of approximately 24.5% This outlook assumes that general economic conditions, including input costs, materials, product and labor availability, interest rates and mortgage availability, in the third quarter of 2025 are similar to those experienced to date in 2025 and that the average sales price per home closed, construction costs, availability of land and land development costs for the full third quarter of 2025 are consistent with the Company’s recent experience. In addition, this outlook assumes that governmental regulations relating to land development and home construction are similar to those currently in place and does not take into account any additional changes to U.S. trade policies, including the imposition of tariffs a