LGI Homes (LGIH) Operating Expenses (2012 - 2026)
LGI Homes (LGIH) reported Operating Expenses of $27.9 million for Q1 2026, down 10.71% on a YoY basis from $31.2 million in Q1 2025, and up 20.87% sequentially from $23.1 million in Q4 2025.
LGI Homes (LGIH) Operating Expenses (2012 - 2026) Analysis & Trends
LGI Homes (LGIH) has 15 years of Operating Expenses data on file, last reported at $27.9 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses fell 10.71% year-over-year to $27.9 million; the trailing twelve-month figure through Mar 2026 stood at $108.3 million (down 10.4% YoY), and the FY2025 full-year result was $111.6 million, down 7.9% from the prior year.
- Operating Expenses improved to $27.9 million in Q1 2026, from $23.1 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $33.0 million in Q4 2023 to a low of $23.1 million in Q4 2025.
- A 5-year average of $28.8 million and a median of $28.3 million in 2022 frame the typical range for Operating Expenses.
- Across the five-year window, Operating Expenses gained 24.95% in 2022 and decreased 26.05% in 2025, its largest moves.
- Tracing LGIH's Operating Expenses over 5 years: stood at $26.9 million in 2022, then advanced by 22.7% to $33.0 million in 2023, then slipped by 5.59% to $31.2 million in 2024, then fell by 26.05% to $23.1 million in 2025, then gained by 20.87% to $27.9 million in 2026.
- Business Quant data shows LGIH's Operating Expenses at $27.9 million in Q1 2026, $23.1 million in Q4 2025, and $28.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 40.90 Bn | 39.56 Bn | 2.15 Bn | 991.20 Mn |
| 2 | Pultegroup | 23.36 Bn | 22.03 Bn | 3.92 Bn | 382.97 Mn |
| 3 | Lennar | 19.77 Bn | 19.63 Bn | 7.69 Bn | 7.54 Bn |
| 4 | Nvr | 17.18 Bn | 15.54 Bn | 1.31 Bn | 156.97 Mn |
| 5 | Toll Brothers | 15.08 Bn | 13.99 Bn | 604.89 Mn | 258.25 Mn |
| 6 | Taylor Morrison Home | 6.96 Bn | 6.31 Bn | 290.64 Mn | 148.85 Mn |
| 7 | Installed Building Products | 5.97 Bn | 5.50 Bn | 212.30 Mn | 154.70 Mn |
| 8 | Meritage Homes | 4.78 Bn | 4.01 Bn | 68.61 Mn | 130.87 Mn |
| 9 | Champion Homes | 4.47 Bn | 3.81 Bn | 172.19 Mn | 109.73 Mn |
| 10 | LGI Homes | 1.35 Bn | 1.29 Bn | 59.93 Mn | 27.86 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 27.86 Mn |
| Dec 31, 2025 | 23.05 Mn |
| Sep 30, 2025 | 27.97 Mn |
| Jun 30, 2025 | 29.40 Mn |
| Mar 31, 2025 | 31.20 Mn |
| Dec 31, 2024 | 31.17 Mn |
| Sep 30, 2024 | 27.99 Mn |
| Jun 30, 2024 | 30.49 Mn |
| Mar 31, 2024 | 31.54 Mn |
| Dec 31, 2023 | 33.02 Mn |
| Sep 30, 2023 | 26.75 Mn |
| Jun 30, 2023 | 27.63 Mn |
| Mar 31, 2023 | 29.96 Mn |
| Dec 31, 2022 | 26.91 Mn |
| Sep 30, 2022 | 27.28 Mn |
| Jun 30, 2022 | 29.08 Mn |
| Mar 31, 2022 | 28.29 Mn |
| Dec 31, 2021 | 27.85 Mn |
| Sep 30, 2021 | 24.48 Mn |
| Jun 30, 2021 | 23.28 Mn |