Legacy Housing (LEGH) Operating Expenses (2018 - 2026)
Legacy Housing (LEGH) reported Operating Expenses of $22.0 million for Q1 2026, down 8.73% on a YoY basis from $24.1 million in Q1 2025, and down 21.42% quarter-over-quarter from $28.0 million in Q4 2025.
Legacy Housing (LEGH) Operating Expenses (2018 - 2026) Analysis & Trends
Legacy Housing has reported Operating Expenses for 9 years, with the latest figure at $22.0 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses fell 8.73% year-over-year to $22.0 million; the trailing twelve-month figure through Mar 2026 stood at $114.1 million (down 3.48% YoY), and the FY2025 full-year result was $116.2 million, down 3.67% from the prior year.
- Operating Expenses for Q1 2026 stood at $22.0 million, down from $28.0 million in the prior quarter.
- The five-year high for Operating Expenses was $38.7 million in Q4 2024, with the low at $5.9 million in Q2 2022.
- Historically, Operating Expenses has averaged $24.2 million across 5 years, with a median of $26.5 million in 2024.
- Annual changes were most pronounced in 2023 — Operating Expenses jumped 495.42% — and 2025, when it retreated 27.7%.
- Legacy Housing's Operating Expenses stood at $7.3 million in 2022, then soared by 229.54% to $24.0 million in 2023, then surged by 61.21% to $38.7 million in 2024, then decreased by 27.7% to $28.0 million in 2025, then retreated by 21.42% to $22.0 million in 2026.
- The last three Operating Expenses figures came in at $22.0 million (Q1 2026), $28.0 million (Q4 2025), and $30.8 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 43.54 Bn | 42.20 Bn | 1.70 Bn | 903.30 Mn |
| 2 | Pultegroup | 23.57 Bn | 21.76 Bn | 881.27 Mn | 380.33 Mn |
| 3 | Lennar | 22.65 Bn | 20.45 Bn | 6.36 Bn | 6.40 Bn |
| 4 | Nvr | 17.80 Bn | 16.15 Bn | 1.31 Bn | 156.97 Mn |
| 5 | Toll Brothers | 13.73 Bn | 12.64 Bn | 604.89 Mn | 258.25 Mn |
| 6 | Taylor Morrison Home | 6.88 Bn | 6.88 Bn | 290.64 Mn | 58.97 Mn |
| 7 | Installed Building Products | 5.53 Bn | 5.05 Bn | 212.30 Mn | 154.70 Mn |
| 8 | Meritage Homes | 4.85 Bn | 4.09 Bn | -269,000.00 | 51.40 Mn |
| 9 | Cavco Industries | 4.56 Bn | 4.52 Bn | 135.92 Mn | 81.36 Mn |
| 10 | Legacy Housing | 590.45 Mn | 576.34 Mn | 20.35 Mn | 21.98 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 21.98 Mn |
| Dec 31, 2025 | 27.97 Mn |
| Sep 30, 2025 | 30.77 Mn |
| Jun 30, 2025 | 33.34 Mn |
| Mar 31, 2025 | 24.08 Mn |
| Dec 31, 2024 | 38.68 Mn |
| Sep 30, 2024 | 28.94 Mn |
| Jun 30, 2024 | 26.47 Mn |
| Mar 31, 2024 | 26.49 Mn |
| Dec 31, 2023 | 23.99 Mn |
| Sep 30, 2023 | 30.92 Mn |
| Jun 30, 2023 | 35.14 Mn |
| Mar 31, 2023 | 34.50 Mn |
| Dec 31, 2022 | 7.28 Mn |
| Sep 30, 2022 | 6.73 Mn |
| Jun 30, 2022 | 5.90 Mn |
| Mar 31, 2022 | 7.66 Mn |
| Dec 31, 2021 | 8.30 Mn |
| Sep 30, 2021 | 5.05 Mn |
| Jun 30, 2021 | 5.17 Mn |