Revenue: As of FY2026 Q1, the actual value is USD 34.4 M, missing the estimate of USD 39.44 M.

EPS: As of FY2026 Q1, the actual value is USD 0.46, beating the estimate of USD 0.445.

Net Revenue

Net revenue for the first quarter of 2026 was $34.4 million, representing a decrease of 3.7% from the first quarter of 2025.

Income from Operations

Income from operations for the first quarter of 2026 was $12.4 million, marking an increase of 6.9% from the first quarter of 2025.

Net Income

Net income for the first quarter of 2026 was $10.9 million, an increase of 6.3% from the first quarter of 2025.

Book Value Per Share

Book value per share on March 31, 2026, was $22.66, an increase of 2.1% from December 31, 2025.

Cash Position

Legacy Housing Corporation ended the first quarter with $14.1 million in cash and an essentially undrawn revolver.

Operational Highlights and Capital Allocation

The company received a non-refundable advance deposit of approximately $7.1 million during the first quarter from a single customer for a large order of workforce housing units. Legacy Housing Corporation repurchased 30,740 shares of common stock for approximately $573 thousand during the first quarter under a $10.0 million repurchase program.

Outlook

Deliveries for the large workforce housing order are expected to begin in the second quarter of 2026 and continue in the coming quarters. Legacy Housing Corporation remains confident in the long-term demand for affordable manufactured housing.