LGI Homes — Apr 28, 2026 release
Fiscal 2026 first-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001580670-26-000044
Showing in the filing
Estimated capitalized interest and estimated purchase accounting
“approximately 3.5%”
Period
FY2026
Measure
Company-defined measure
Source
Prose
All guidance in this release · 10
Gross margin for FY2026
“between 18.5% and 20.5%”
Adjusted gross margin (non-GAAP) as a percen… for FY2026
“between 22.0% and 24.0%”
Adjusted gross margin for FY2026
“between 22.0% and 24.0%”
Home closings for FY2026
“between 4,600 and 5,400”
Active selling communities at the end of 2026 for FY2026
“between 150 and 160”
Average sales price per home closed for FY2026
“between $355,000 and $365,000”
Gross margin as a percentage of home sales r… for FY2026
“between 18.5% and 20.5%”
Estimated capitalized interest and estimated… for FY2026
“approximately 3.5%”
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
Currently, the Company expects for full year 2026: • Home closings between 4,600 and 5,400 • Active selling communities at the end of 2026 between 150 and 160 • Average sales price per home closed between $355,000 and $365,000 • Gross margin as a percentage of home sales revenues between 18.5% and 20.5%, adjusted for estimated capitalized interest and estimated purchase accounting of approximately 3.5%, which results in Adjusted gross margin (non-GAAP) as a percentage of home sales revenues between 22.0% and 24.0% • SG&A as a percentage of home sales revenues between 15.0% and 16.0% • Effective tax rate of approximately 26.5% This outlook assumes that general economic conditions, including input costs, materials, product and labor availability, interest rates and mortgage availability, in the remainder of 2026 are similar to those experienced to date in 2026 and that the average sales price per home closed, construction costs, availability of land and land development costs for the remainder of 2026 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 and duties on homebuilding products. Earnings Conference Call The Company will host a conference call via live webcast for investors and other interested parties beginning at 12:30 p.m. Eastern Time on Tuesday, April 28, 2026 (the “Earnings Call”). Participants may ac
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.