Legacy Housing Corporation filed its Form 10-Q for the quarterly period ended September 30, 2026, with the SEC on November 4, 2026, reporting results for both the three and nine months ended on that date.
Key Highlights
- Q3 2026 net income: $20,129 thousand, compared to $8,645 thousand in Q3 2025, according to the filing.
- Q3 2026 total net revenue: $69,705 thousand, up from $40,478 thousand in the prior-year quarter, as reported.
- Nine-month net income: $54,538 thousand for the nine months ended September 30, 2026, versus $33,616 thousand for the same period in 2025.
- Diluted earnings per share: $0.85 for Q3 2026, compared to $0.35 in Q3 2025; $2.29 for the nine-month period, versus $1.37 in the prior-year period.
- Total assets: $635,733 thousand as of September 30, 2026, up from $580,337 thousand at December 31, 2025.
- Total stockholders' equity: $582,395 thousand at September 30, 2026, compared to $528,614 thousand at December 31, 2025.
- Shares outstanding: 23,783,038 shares of common stock as of November 2, 2026.
Legacy Housing Q3 2026 Financial Results: Revenue and Earnings Detail
According to the filing, Legacy Housing Corporation (NASDAQ:LEGH) reported total net revenue of $69,705 thousand for the three months ended September 30, 2026, compared to $40,478 thousand for the same quarter in 2025. Product sales drove a substantial portion of the increase, rising to $55,176 thousand in Q3 2026 from $28,787 thousand in Q3 2025. Consumer, MHP and dealer loans interest contributed $11,333 thousand in Q3 2026, up from $10,892 thousand a year earlier. Other revenue reached $3,196 thousand in Q3 2026, compared to $799 thousand in Q3 2025.
The filing disclosed that total operating expenses for Q3 2026 were $46,271 thousand, versus $30,769 thousand in Q3 2025. Cost of product sales was $34,839 thousand in Q3 2026, compared to $22,963 thousand a year earlier. Selling, general and administrative expenses were $7,470 thousand in Q3 2026, up from $6,209 thousand in Q3 2025. The company also noted that the provision for loan loss, which totaled $2,131 thousand in Q3 2026 versus $1,017 thousand in Q3 2025, was broken out from SG&A this period, with prior period amounts reclassified accordingly. Income from operations was $23,434 thousand in Q3 2026, versus $9,709 thousand in Q3 2025.
For the nine-month period ended September 30, 2026, the registrant reported total net revenue of $170,420 thousand and net income of $54,538 thousand, compared to $126,310 thousand and $33,616 thousand, respectively, for the nine months ended September 30, 2025. On the balance sheet, cash increased to $30,839 thousand at September 30, 2026, from $8,478 thousand at December 31, 2025. Treasury stock stood at $(18,150) thousand, reflecting 1,084,741 shares held at September 30, 2026, compared to 1,054,001 shares at December 31, 2025. Retained earnings grew to $417,747 thousand from $363,209 thousand at December 31, 2025.
What Was Disclosed
Legacy Housing Corporation's Form 10-Q for the quarter ended September 30, 2026, disclosed income statements, balance sheets, and changes in stockholders' equity, showing higher revenue, net income, total assets, and stockholders' equity compared to the prior year and prior year-end periods.




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