LGIH · 10-Q · 2026Q1 · Full report

Homes in Inventory and Construction Capacity

LGI Homes, Inc. · 2026-04-28 · Importance 50 · Surprise 24

LGI builds move-in ready homes to maintain inventory aligned with budgeted starts and bases future starts on home closings to manage working capital. As of March 31, 2026, the company reported 2,266 completed homes (including information centers) and 1,355 homes in progress, indicating a sizable pipeline of finished and near-finished inventory available for sale. The company expects home starts to be driven by closings and notes seasonal patterns with higher closings in Q2–Q4, implying capacity and capital requirements will vary across the year.

Key facts