LGI Homes, Inc.

Finally, in the second quarter we repurchased 367,568 shares of our common stock.

SEC original ↗LGI Homes, Inc. — Earnings release (8-K exhibit)EX-99Aug 5, 2025

Balance Sheet Highlights 367,568 shares of common stock were repurchased during the second quarter of 2025 for an aggregate amount of $20.6 million Total liquidity of $322.6 million at June 30, 2025, including cash and cash equivalents of $59.6 million and $263.0 million of availability under the Company s revolving credit facility Net debt to capitalization of 45.0% at June 30, 2025 Third Quarter 2025 Outlook Subject to the caveats in the Forward-Looking Statements section of this press release and the assumptions noted below, the Company is providing the following guidance for the third quarter of 2025.

SEC original ↗LGI Homes, Inc. — Earnings release (8-K exhibit)EX-99Aug 5, 2025

As of June 30, 2026, we have completed the repurchase of all lots via takedowns associated with these transactions.

SEC original ↗LGI Homes, Inc. — 10-Q Quarterly report10-QAug 4, 2026

Principal payments on these financing arrangements will generally coincide with the repurchase of lot takedowns from the land banker.

SEC original ↗LGI Homes, Inc. — 10-Q Quarterly report10-QAug 4, 2026

9 Table of Contents Inventory Related Obligations We own lots in certain communities in Florida and Texas that have Community Development Districts or similar utility and infrastructure development special assessment programs that allocate a fixed amount of debt service associated with development activities to each lot.

SEC original ↗LGI Homes, Inc. — 10-Q Quarterly report10-QAug 4, 2026

The Credit Agreement provides for a $ 1.1825 billion revolving credit facility, which can be increased at the request of the Company by up to $ 95.0 million, subject to the terms and conditions of the Credit Agreement.

SEC original ↗LGI Homes, Inc. — 10-Q Quarterly report10-QAug 4, 2026

We continue to pursue opportunities for cost savings and improved efficiency as we focus on driving additional improvement in our profit margins and earnings per share.

SEC original ↗LGI Homes, Inc. — Earnings release (8-K exhibit)EX-99Aug 5, 2025

For more information about LGI Homes and its unique operating model focused on making the dream of homeownership a reality for families across the nation, please visit the Company s website at www.

SEC original ↗LGI Homes, Inc. — Earnings release (8-K exhibit)EX-99Aug 5, 2025

Forward-looking statements include information concerning expected third quarter 2025 home closings, active selling communities, average sales price per home closed, gross margin as a percentage of home sales revenues, adjusted gross margin as a percentage of homes sales revenues, SG A as a percentage of home sales revenues and effective tax rate, as well as market conditions and possible or assumed future results of operations, including descriptions of the Company s business plan and strategies.

SEC original ↗LGI Homes, Inc. — Earnings release (8-K exhibit)EX-99Aug 5, 2025

ASC 820 establishes a framework for measuring fair value under GAAP, expands disclosure requirements for fair value measurements, and establishes a three-level fair value hierarchy that prioritizes the inputs used in valuation techniques.

SEC original ↗LGI Homes, Inc. — 10-Q Quarterly report10-QAug 4, 2026

Contributions into the unconsolidated entities are for the use of investing in certain real estate transactions and residential mortgage services, respectively.

SEC original ↗LGI Homes, Inc. — 10-Q Quarterly report10-QAug 4, 2026

Although demand for homeownership during the quarter was resilient, affordability challenges tied to interest rates and broader economic uncertainty dampened some buyers willingness to transact, resulting in a sequential decline in our second quarter net orders.

SEC original ↗LGI Homes, Inc. — Earnings release (8-K exhibit)EX-99Aug 5, 2025

In today s market, our spec-focused business model makes visibility into the fourth quarter a challenge.

SEC original ↗LGI Homes, Inc. — Earnings release (8-K exhibit)EX-99Aug 5, 2025

Lipar concluded, Despite the current challenges confronting our industry, we remain confident in the housing market s long-term outlook, underpinned by strong demographics and a structural shortage of new homes.

SEC original ↗LGI Homes, Inc. — Earnings release (8-K exhibit)EX-99Aug 5, 2025

trade policies, including the imposition of tariffs and duties on homebuilding products.

SEC original ↗LGI Homes, Inc. — Earnings release (8-K exhibit)EX-99Aug 5, 2025

The forward-looking statements, including the Company s third quarter 2025 outlook, are subject to and involve risks, uncertainties and assumptions and you should not place undue reliance on these forward-looking statements or outlook.

SEC original ↗LGI Homes, Inc. — Earnings release (8-K exhibit)EX-99Aug 5, 2025

We do not expect the outcome of any audit to have a material effect on our condensed consolidated financial statements; however, audit outcomes and the timing of audit adjustments are subject to significant uncertainty.

SEC original ↗LGI Homes, Inc. — 10-Q Quarterly report10-QAug 4, 2026