For the quarter ending 2026-03-31, LGIH had -$387K decrease in cash & cash equivalents over the period. -$56,245K in free cash flow.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net income | 2,160 | 17,321 | 19,704 | 35,527 |
| Equity in income of unconsolidated entities | 427 | 54 | -35 | 1,909 |
| Distributions of earnings from unconsolidated entities | 318 | 780 | 326 | 3,695 |
| Depreciation and amortization | 1,190 | 1,269 | 1,178 | 1,875 |
| Loss (gain) on disposal of assets | 1,646 | 2,603 | 2,281 | -2,286 |
| Compensation expense for equity awards | 3,418 | -1,056 | 1,606 | 5,451 |
| Inventory impairment | 4,681 | 6,717 | - | - |
| Deferred income taxes | -983 | 280 | -809 | 1,162 |
| Accounts receivable | 12,544 | 11,228 | -13,357 | 5,879 |
| Real estate inventory | 99,061 | -90,214 | 60,513 | 286,742 |
| Pre-acquisition costs and deposits | -3,980 | 1,231 | -1,311 | -7,019 |
| Other assets | -13,174 | -14,757 | -2,103 | -43,560 |
| Accounts payable | 22,390 | -21,765 | -8,100 | 12,773 |
| Accrued expenses and other liabilities | 5,835 | -6,065 | 17,237 | -30,015 |
| Net cash used in operating activities | -55,549 | 86,776 | -13,228 | -213,521 |
| Purchases of property and equipment | 696 | 0 | 39 | 885 |
| Proceeds from sale of property and equipment | 8,916 | 14,545 | 10,155 | - |
| Investment in unconsolidated entities | 1,882 | 885 | 135 | 3,431 |
| Return of capital from unconsolidated entities | 105 | -28 | 2,253 | 6,388 |
| Net cash provided by (used in) investing activities | 6,443 | 13,632 | 12,234 | 2,072 |
| Proceeds from notes payable | 116,229 | 74,051 | 204,000 | 390,644 |
| Payments on notes payable | 65,000 | 170,000 | 193,000 | 130,000 |
| Proceeds from financing arrangements | - | 0 | - | - |
| Payments on financing arrangements | 3,752 | 5,708 | 6,729 | 17,500 |
| Loan issuance costs | 0 | 134 | 1,776 | 3,731 |
| Proceeds from sale of stock, net of offering expenses | 1,242 | 651 | 918 | 2,038 |
| Stock repurchase | 0 | 0 | 0 | 23,639 |
| Net cash provided by financing activities | 48,719 | -101,140 | 3,413 | 217,812 |
| Net increase (decrease) in cash and cash equivalents | -387 | -732 | 2,419 | 6,363 |
| Cash and cash equivalents, beginning of period | 61,247 | 61,979 | 53,197 | - |
| Cash and cash equivalents, end of period | 60,860 | 61,247 | 61,979 | - |
LGI Homes, Inc. (LGIH)
LGI Homes, Inc. (LGIH)