LGI Homes — Feb 17, 2026 release
Fiscal 2025 fourth-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001580670-26-000007
Showing in the filing
Average sales price per home closed
“between $355,000 and $365,000”
Period
FY2026
Measure
Company-defined measure
Source
Prose
All guidance in this release · 8
Home closings for FY2026
“between 4,600 and 5,400”
Average sales price per home closed for FY2026
“between $355,000 and $365,000”
Adjusted gross margin (non-GAAP) as a percen… for FY2026
“between 21.0% and 23.0%”
Active selling communities at the end of 2026 for FY2026
“between 150 and 160”
Gross margin as a percentage of home sales r… for FY2026
“between 18.0% and 20.0%”
Estimated capitalized interest and estimated… for FY2026
“approximately 3.0%”
SG&A as a percentage of home sales revenues for FY2026
“between 15.0% and 16.0%”
Effective tax rate for FY2026
“approximately 26.5%”
Exhibit 99.1 · the passage around this item
… earlier in the release
“Looking ahead, our 2026 guidance reflects the conditions we are seeing in the market today and assumes they persist through the balance of the year. We are projecting full‑year home closings between 4,600 and 5,400, at an average sales price between $355,000 and $365,000 with gross margin expected to range between 18.0% and 20.0% and adjusted gross margin between 21.0% and 23.0%.” Mr. Lipar concluded, “Throughout the year, we remained disciplined in our operations, rightsized inventory, and leveraged the cost advantages of our self‑developed land pipeline. As we move into 2026, we do so with resilience, focus, and a deep commitment to navigating the market with the same discipline that guided us throughout 2025. Our strategy remains focused on affordability and aligning with today’s homebuyer needs while maintaining the long‑term fundamentals that differentiate LGI Homes. I’m grateful for the dedication of our team and confident we are well‑positioned to capitalize on opportunities in the year ahead.” Fourth Quarter 2025 Highlights • Home sales revenues of $474.0 million • Home closings of 1,301 • Total home closings of 1,362, including 61 currently and previously leased homes • Average sales price per home closed of $364,310 • Gross margin as a percentage of home sales revenues of 17.7% • Gross margin excluding inventory impairment* as a percentage of home sales revenues of 19.2% • Adjusted gross margin* as a percentage of home sales revenues of
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.