Slide 1: Investor Presentation Second Quarter 2026
INVESTOR PRESENTATION Second Quarter 2026
Slide 2: Cautionary Statement
CAUTIONARY STATEMENT Forward-Looking Statements This presentation includes statements concerning our expectations, beliefs, plans, objectives, goals, strategies, future events or performance and underlying assumptions and other statements that are not historical facts. These statements are “forward-
Slide 3: Recent Financial Results
RECENT FINANCIAL RESULTS Second Quarter 2026 Year-to-Date 2026 ► Total Home Closings (1): 1,440, +8.8% ► Total Home Closings (1): 2,356, +1.6% ► Total Revenue: $516.0 Million, +5.7% ► Total Revenue: $848.9 Million, (2.6%) ► Homebuilding Revenues: $501.5 Million, +3.7% ► Homebuilding Revenues: $821.2
Slide 4: Historical Operating Results
HISTORICAL OPERATING RESULTS (1) Home Closings (Units) Homebuilding Revenues ($ millions) 10,442 $3,050 9,339 7,690 $2,368 $2,304 $2,359 $2,203 6,512 6,621 6,729 6,131 5,845 $1,838 $1,706$1,692 4,788 4,825 $1,504 4,163 $1,258 3,404 2,356 $838 $630 $383 2014 2015 2016 2017 2018 2019 2020 2021 2022 20
Slide 5: Historical Margins & Profitability
HISTORICAL MARGINS & PROFITABILITY Homebuilding Gross Margin Percentage (1) ((2) Adjusted Homebuilding Gross Margin Percentage (2) (3) 28.1% 26.8% 26.5% 26.4% 26.8% 25.5% 25.3% 25.5% 29.2% 23.7% 24.2% 28.2% 27.8% 27.8% 28.2% 23.0% 26.9% 27.0% 27.4% 25.8% 26.3% 20.7% 24.7% 24.0% 23.3% 19.4% 2014 2015
Slide 6: Balance Sheet
BALANCE SHEET December 31, December 31, December 31, December 31, December 31, June 30, ($ in thousands) 2021 2022 2023 2024 2025 2026 ASSETS Cash and Cash Equivalents $ 50,514 $ 31,998 $ 48,978 $ 53,197 $ 61,247 $ 61,081 Accounts Receivable 57,909 25,143 41,319 28,717 32,467 33,850 Real Estate Inve
Slide 7: Inventory Management
FOCUS ON THE FUTURE INVENTORY MANAGEMENT (1) (1) (2) (1) Total Lot Inventory (Units) Owned Lot Inventory (Units) Owned Real Estate Inventory ($ Value) Owned 88.0% 3.7% 3.8% 12.0% 12.2% 25.7% 15.3% 57,406 50,522 $3.5 Billion 29.2% Total Lots 58.8% Owned Lots 66.9% 72.5% Raw or Under Development Owned
Slide 8: Appendix
APPENDIX
Slide 9: Homebuilding Gross Margin Reconciliation
HOMEBUILDING GROSS MARGIN RECONCILIATION QUARTERS ENDED JUNE 30TH ($ in thousands) Q2 2014 Q2 2015 Q2 2016 Q2 2017 Q2 2018 Q2 2019 Q2 2020 Q2 2021 Q2 2022 Q2 2023 Q2 2024 Q2 2025 Q2 2026 Homebuilding Revenues $106,412 $158,826 $222,723 $324,178 $419,847 $461,830 $481,602 $791,512 $723,069 $645,270 $
Slide 10: Homebuilding Gross Margin Reconciliation
HOMEBUILDING GROSS MARGIN RECONCILIATION FISCAL YEARS ENDED DECEMBER 31 ST & LAST TWELVE MONTHS ENDED JUNE 30, 2026 ($ in thousands) FY 2014 FY 2015 FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 LTM (1) Homebuilding Revenues $383,268 $630,236 $838,320 $1,257,960 $1,
Slide 11: Reconciliation of Net Debt to Capital Ratio (Non-GAAP)
RECONCILIATION OF NET DEBT TO CAPITAL RATIO (NON-GAAP) AS OF DECEMBER 31, AND AS OF JUNE 30, 2026 December 31, December 31, December 31, December 31, December 31, December 31, June 30, 2020 2021 2022 2023 2024 2025 2026 Total Debt (Notes Payable) $ 538,398 $ 805,236 $ 1,117,001 $ 1,248,332 $ 1,480,7
Slide 12: LGI Homes, Inc. Investor Relations
LGI Homes, Inc. Investor Relations 1450 Lake Robbins Drive, Suite 430 The Woodlands, TX 77380 (281) 210-2586 investorrelations@lgihomes.com