LGI Homes Inc
NASDAQ:LGIH
Income Statement
Earnings Waterfall
LGI Homes Inc
Income Statement
LGI Homes Inc
| Dec-2012 | Mar-2013 | Jun-2013 | Sep-2013 | Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | Sep-2025 | Dec-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Expense |
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Revenue |
76
N/A
|
86
+12%
|
107
+25%
|
121
+13%
|
163
+34%
|
217
+33%
|
286
+32%
|
340
+19%
|
383
+13%
|
428
+12%
|
480
+12%
|
562
+17%
|
630
+12%
|
672
+7%
|
736
+10%
|
778
+6%
|
838
+8%
|
839
+0%
|
940
+12%
|
1 090
+16%
|
1 258
+15%
|
1 374
+9%
|
1 470
+7%
|
1 484
+1%
|
1 504
+1%
|
1 513
+1%
|
1 555
+3%
|
1 658
+7%
|
1 838
+11%
|
2 005
+9%
|
2 025
+1%
|
2 076
+3%
|
2 368
+14%
|
2 619
+11%
|
2 929
+12%
|
3 147
+7%
|
3 050
-3%
|
2 890
-5%
|
2 822
-2%
|
2 617
-7%
|
2 305
-12%
|
2 246
-3%
|
2 168
-3%
|
2 239
+3%
|
2 359
+5%
|
2 262
-4%
|
2 219
-2%
|
2 254
+2%
|
2 203
-2%
|
2 163
-2%
|
2 044
-6%
|
1 789
-12%
|
1 706
-5%
|
|
| Gross Profit | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
(55)
|
(61)
|
(76)
|
(87)
|
(121)
|
(162)
|
(214)
|
(254)
|
(281)
|
(313)
|
(352)
|
(412)
|
(463)
|
(495)
|
(543)
|
(574)
|
(617)
|
(615)
|
(689)
|
(804)
|
(938)
|
(1 028)
|
(1 100)
|
(1 109)
|
(1 125)
|
(1 136)
|
(1 176)
|
(1 260)
|
(1 402)
|
(1 529)
|
(1 542)
|
(1 574)
|
(1 765)
|
(1 933)
|
(2 147)
|
(2 297)
|
(2 232)
|
(2 104)
|
(2 018)
|
(1 860)
|
(1 658)
|
(1 659)
|
(1 670)
|
(1 738)
|
(1 816)
|
(1 727)
|
(1 676)
|
(1 705)
|
(1 669)
|
(1 647)
|
(1 569)
|
(1 392)
|
(1 352)
|
|
| Gross Profit |
22
N/A
|
24
+12%
|
30
+25%
|
34
+14%
|
42
+21%
|
55
+32%
|
72
+32%
|
87
+20%
|
103
+19%
|
115
+12%
|
129
+12%
|
150
+16%
|
167
+11%
|
177
+6%
|
193
+9%
|
204
+6%
|
222
+9%
|
224
+1%
|
251
+12%
|
286
+14%
|
320
+12%
|
346
+8%
|
370
+7%
|
375
+1%
|
380
+1%
|
377
-1%
|
379
+0%
|
398
+5%
|
437
+10%
|
477
+9%
|
484
+1%
|
502
+4%
|
603
+20%
|
686
+14%
|
783
+14%
|
850
+9%
|
818
-4%
|
787
-4%
|
804
+2%
|
757
-6%
|
647
-15%
|
587
-9%
|
498
-15%
|
501
+1%
|
542
+8%
|
535
-1%
|
544
+2%
|
548
+1%
|
533
-3%
|
516
-3%
|
475
-8%
|
397
-16%
|
354
-11%
|
|
| Operating Income | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(13)
|
(15)
|
(19)
|
(23)
|
(29)
|
(32)
|
(39)
|
(47)
|
(60)
|
(68)
|
(75)
|
(82)
|
(87)
|
(92)
|
(99)
|
(103)
|
(110)
|
(114)
|
(123)
|
(137)
|
(151)
|
(162)
|
(171)
|
(175)
|
(179)
|
(186)
|
(191)
|
(199)
|
(209)
|
(217)
|
(214)
|
(219)
|
(238)
|
(253)
|
(271)
|
(278)
|
(270)
|
(280)
|
(270)
|
(267)
|
(256)
|
(267)
|
(271)
|
(287)
|
(309)
|
(309)
|
(315)
|
(323)
|
(321)
|
(323)
|
(311)
|
(290)
|
(274)
|
|
| Selling, General & Administrative |
(13)
|
(15)
|
(19)
|
(23)
|
(29)
|
(38)
|
(46)
|
(54)
|
(60)
|
(68)
|
(75)
|
(82)
|
(87)
|
(92)
|
(99)
|
(103)
|
(110)
|
(114)
|
(123)
|
(137)
|
(151)
|
(162)
|
(171)
|
(175)
|
(179)
|
(186)
|
(191)
|
(199)
|
(209)
|
(216)
|
(214)
|
(219)
|
(238)
|
(253)
|
(271)
|
(278)
|
(269)
|
(266)
|
(270)
|
(267)
|
(255)
|
(267)
|
(271)
|
(286)
|
(307)
|
(309)
|
(315)
|
(322)
|
(318)
|
(322)
|
(310)
|
(290)
|
(269)
|
|
| Depreciation & Amortization |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
(4)
|
|
| Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
6
|
6
|
7
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(14)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Operating Income |
8
N/A
|
9
+11%
|
12
+26%
|
12
+1%
|
12
+3%
|
24
+94%
|
33
+40%
|
40
+20%
|
42
+7%
|
47
+11%
|
54
+16%
|
67
+24%
|
80
+18%
|
85
+7%
|
95
+11%
|
101
+6%
|
112
+11%
|
110
-1%
|
128
+16%
|
149
+17%
|
170
+14%
|
185
+9%
|
198
+7%
|
200
+1%
|
201
+0%
|
191
-5%
|
188
-2%
|
199
+6%
|
228
+14%
|
260
+14%
|
270
+4%
|
283
+5%
|
365
+29%
|
433
+19%
|
511
+18%
|
572
+12%
|
548
-4%
|
507
-7%
|
534
+5%
|
491
-8%
|
390
-20%
|
321
-18%
|
227
-29%
|
214
-5%
|
233
+9%
|
226
-3%
|
228
+1%
|
226
-1%
|
212
-6%
|
194
-9%
|
166
-14%
|
107
-35%
|
80
-26%
|
|
| Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
2
|
2
|
2
|
3
|
4
|
4
|
3
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Non-Reccuring Items |
0
|
0
|
0
|
0
|
6
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(4)
|
(4)
|
(4)
|
(4)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(14)
|
(14)
|
0
|
(13)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Total Other Income |
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
1
|
1
|
1
|
1
|
0
|
1
|
1
|
2
|
2
|
2
|
2
|
2
|
2
|
2
|
1
|
2
|
2
|
3
|
2
|
4
|
4
|
5
|
5
|
3
|
3
|
3
|
3
|
6
|
8
|
9
|
12
|
12
|
24
|
28
|
30
|
33
|
26
|
28
|
27
|
30
|
34
|
47
|
48
|
41
|
34
|
19
|
|
| Pre-Tax Income |
10
N/A
|
11
+11%
|
14
+24%
|
15
+11%
|
23
+49%
|
27
+20%
|
36
+32%
|
41
+14%
|
43
+4%
|
48
+11%
|
55
+15%
|
68
+23%
|
80
+19%
|
86
+7%
|
97
+12%
|
103
+7%
|
114
+11%
|
113
-1%
|
130
+15%
|
151
+16%
|
171
+13%
|
186
+8%
|
200
+8%
|
198
-1%
|
199
+1%
|
190
-5%
|
187
-1%
|
203
+8%
|
232
+14%
|
265
+14%
|
273
+3%
|
286
+5%
|
368
+29%
|
436
+19%
|
517
+18%
|
566
+10%
|
543
-4%
|
519
-4%
|
533
+3%
|
515
-3%
|
418
-19%
|
351
-16%
|
259
-26%
|
240
-7%
|
262
+9%
|
252
-4%
|
258
+2%
|
261
+1%
|
259
-1%
|
242
-7%
|
207
-14%
|
141
-32%
|
98
-30%
|
|
| Net Income | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Tax Provision |
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(4)
|
(8)
|
(12)
|
(15)
|
(16)
|
(19)
|
(23)
|
(28)
|
(30)
|
(33)
|
(35)
|
(39)
|
(38)
|
(43)
|
(50)
|
(57)
|
(56)
|
(55)
|
(49)
|
(44)
|
(43)
|
(43)
|
(47)
|
(53)
|
(62)
|
(61)
|
(34)
|
(44)
|
(56)
|
(74)
|
(111)
|
(113)
|
(110)
|
(119)
|
(111)
|
(92)
|
(76)
|
(55)
|
(59)
|
(63)
|
(63)
|
(63)
|
(63)
|
(63)
|
(58)
|
(50)
|
(35)
|
(26)
|
|
| Income from Continuing Operations |
10
|
11
|
14
|
15
|
22
|
24
|
28
|
30
|
28
|
31
|
36
|
45
|
53
|
57
|
64
|
68
|
75
|
75
|
87
|
101
|
114
|
130
|
145
|
149
|
155
|
146
|
145
|
156
|
179
|
203
|
213
|
252
|
324
|
381
|
443
|
455
|
430
|
409
|
414
|
404
|
327
|
275
|
205
|
181
|
199
|
189
|
195
|
198
|
196
|
184
|
157
|
106
|
73
|
|
| Income to Minority Interest |
(0)
|
(0)
|
0
|
1
|
1
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Net Income (Common) |
10
N/A
|
11
+12%
|
14
+26%
|
16
+14%
|
22
+43%
|
25
+10%
|
28
+16%
|
30
+5%
|
28
-5%
|
31
+11%
|
36
+16%
|
45
+23%
|
53
+18%
|
57
+8%
|
64
+12%
|
68
+6%
|
75
+11%
|
75
+0%
|
87
+15%
|
101
+16%
|
113
+12%
|
129
+14%
|
144
+12%
|
148
+3%
|
155
+5%
|
146
-6%
|
145
-1%
|
156
+8%
|
179
+14%
|
203
+14%
|
213
+5%
|
252
+19%
|
324
+28%
|
381
+18%
|
443
+16%
|
455
+3%
|
430
-6%
|
409
-5%
|
414
+1%
|
404
-2%
|
327
-19%
|
275
-16%
|
205
-26%
|
181
-11%
|
199
+10%
|
189
-5%
|
195
+3%
|
198
+2%
|
196
-1%
|
184
-6%
|
157
-15%
|
106
-32%
|
73
-32%
|
|
| EPS (Diluted) |
0.5
N/A
|
0.56
+12%
|
0.71
+27%
|
0.81
+14%
|
1.07
+32%
|
1.17
+9%
|
1.35
+15%
|
1.43
+6%
|
1.33
-7%
|
1.31
-2%
|
1.7
+30%
|
2.19
+29%
|
2.44
+11%
|
2.77
+14%
|
2.95
+6%
|
2.97
+1%
|
3.41
+15%
|
3.29
-4%
|
3.73
+13%
|
4.18
+12%
|
4.74
+13%
|
5.19
+9%
|
5.76
+11%
|
5.96
+3%
|
6.24
+5%
|
5.81
-7%
|
5.7
-2%
|
6.14
+8%
|
7.02
+14%
|
7.94
+13%
|
8.43
+6%
|
9.97
+18%
|
12.76
+28%
|
15.1
+18%
|
17.65
+17%
|
18.33
+4%
|
17.25
-6%
|
16.88
-2%
|
17.46
+3%
|
17.18
-2%
|
13.78
-20%
|
11.64
-16%
|
8.66
-26%
|
7.68
-11%
|
8.42
+10%
|
7.99
-5%
|
8.26
+3%
|
8.23
0%
|
8.3
+1%
|
7.81
-6%
|
6.72
-14%
|
4.58
-32%
|
3.12
-32%
|
|