LGI Homes (LGIH) Operating Expenses (2012 - 2026)
LGI Homes' (LGIH) quarterly Operating Expenses came in at $27.9 million in Q1 2026, down 10.71% year-on-year from $31.2 million in Q1 2025, and up 20.87% quarter-over-quarter from $23.1 million in Q4 2025.
LGI Homes (LGIH) Operating Expenses (2012 - 2026) Analysis & Trends
LGI Homes has disclosed Operating Expenses across 15 years of filings, most recently posting $27.9 million for Q1 2026.
- Operating Expenses for Q1 2026 came in at $27.9 million, down 10.71% year-over-year; the trailing twelve-month figure through Mar 2026 was $108.3 million (down 10.4% YoY), and the FY2025 annual result was $111.6 million, down 7.9% from the prior year.
- Operating Expenses came in at $27.9 million for Q1 2026 at LGI Homes, up 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.
- The 5-year median for Operating Expenses is $28.3 million (2022), against an average of $28.8 million.
- Across the five-year window, Operating Expenses gained 24.95% in 2022 and decreased 26.05% in 2025, its largest moves.
- LGI Homes' Operating Expenses stood at $26.9 million in 2022, then climbed by 22.7% to $33.0 million in 2023, then dropped by 5.59% to $31.2 million in 2024, then retreated by 26.05% to $23.1 million in 2025, then advanced by 20.87% to $27.9 million in 2026.
- The last three Operating Expenses figures came in at $27.9 million (Q1 2026), $23.1 million (Q4 2025), and $28.0 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 | LGI Homes | 1.23 Bn | 1.17 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 |