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LGI Homes — Nov 4, 2025 release

Fiscal 2025 third-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001580670-25-000074
Open on SEC.gov ↗
Showing in the filing
Home closings
“between 1,300 and 1,500”
Period
Q4 FY2025
Measure
Company-defined measure
Source
Prose
All guidance in this release · 7
Home closings for Q4 FY2025
“between 1,300 and 1,500”
Active selling communities at the end of the… for Q4 FY2025
“approximately 145”
Average sales price per home closed for Q4 FY2025
“between $365,000 and $375,000”
Gross margin as a percentage of home sales r… for Q4 FY2025
“between 21.0% and 22.0%”
Adjusted gross margin (non-GAAP) as a percen… for Q4 FY2025
“between 24.0% and 25.0%”
SG&A as a percentage of home sales revenues for Q4 FY2025
“between 15.0% and 16.0%”
Effective tax rate for Q4 FY2025
“approximately 26.0%”
Exhibit 99.1 · the passage around this item
… earlier in the release
Fourth 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 fourth quarter of 2025. The Company expects: • Home closings between 1,300 and 1,500 • Active selling communities at the end of the fourth quarter of 2025 of approximately 145 • Average sales price per home closed between $365,000 and $375,000 • Gross margin as a percentage of home sales revenues between 21.0% and 22.0%, adjusted for estimated capitalized interest and estimated purchase accounting of approximately 3.0%, which results in Adjusted gross margin (non-GAAP) as a percentage of home sales revenues between 24.0% and 25.0% • SG&A as a percentage of home sales revenues between 15.0% and 16.0% • Effective tax rate of approximately 26.0% This outlook assumes that general economic conditions, including input costs, materials, product and labor availability, interest rates and mortgage availability, in the fourth 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 fourth 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 accoun
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.