Legacy Housing Corp(LEGH)— Stock Profile, AI Score & Financials
Industrials · Nasdaq · AI-powered stock analysis, 32-signal quality score, SEC EDGAR financials, and institutional holdings. Updated .
Legacy Housing Corp (LEGH) stock profile, AI quality score, and SEC EDGAR financial data, a Industrials sector company. 13F Pro's AI-powered ranking engine scores LEGH at 50.0/100 on a 32-signal composite quality model, placing it at rank #1,630 of 2,962 stocks — the bottom half of the AI-ranked universe. LEGH scores in the top quartile across profitability (85.8), balance sheet strength (82.8). Areas of concern include revenue growth (17.9) and revenue scale (22.3), which score below median versus the broader universe. Based on the latest XBRL financial filings (Q2 2026), Legacy Housing Corp reports quarterly revenue of $66.3M, net income of $23.5M, free cash flow of $12.3M. Top institutional holders of LEGH by reported 13-F value include DIMENSIONAL FUND ADVISORS, ADVISORY RESEARCH, YACKTMAN ASSET MANAGEMENT, based on the most recent SEC filings. LEGH trades on the Nasdaq exchange and files with the SEC under CIK 1436208. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate LEGH daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for Legacy Housing Corp directly from SEC EDGAR.
AI Quality Score
50.0/100
AI Rank
#1,630
Revenue
$66.3M
Net Income
$23.5M
Free Cash Flow
$12.3M
LEGH key financials by period
Legacy Housing Corp reported revenue, net income and margins by fiscal period, from SEC filings.
Period
Form
Revenue
Net income
Operating margin
FY 2025
10-K
$164.6M
$41.8M
29.4%
FY 2024
10-K
$184.2M
$61.6M
34.5%
FY 2023
10-K
$189.1M
$54.5M
34.2%
FY 2022
10-K
$257.0M
$67.8M
30.4%
FY 2021
10-K
$197.5M
$49.9M
29.8%
FY 2020
10-K
$176.7M
$38.0M
26.9%
Institutions holding LEGH
Institutional investors reporting a position in Legacy Housing Corp on SEC Form 13F.
Institution
Shares
Value
Reported
DIMENSIONAL FUND ADVISORS
1,010,372
$26.5M
2026-06-30
ADVISORY RESEARCH
920,286
$24.2M
2026-06-30
YACKTMAN ASSET MANAGEMENT
754,009
$19.8M
2026-06-30
BlackRock
636,227
$16.7M
2026-06-30
Voss Capital
597,117
$15.7M
2026-06-30
AMERIPRISE FINANCIAL
489,658
$12.9M
2026-06-30
Philadelphia Financial Management of San Francisco
AI-extracted from the 10-Q filed 2026-08-05 — Q2 FY2026 (quarter ended June 30, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.
Q2 revenue surged 32% to $66.3M on workforce housing deliveries, with net income jumping 60% to $23.5M ($0.99/share) as product sales grew 40%.
Biggest Revenue Drivers
Product sales$53.8M+40.0% YoY
Driven by commencement of workforce housing deliveries ($25.5M) and higher commercial sales, partially offset by lower inventory finance sales.
Consumer, MHP and dealer loans interest$11.5M+5.4% YoY
Increase driven primarily by consumer loan portfolio interest.
Biggest Revenue Drivers
Total revenue: $66.3M+32.3% YoY
Product sales$53.8M+40.0% YoY
Driven by commencement of workforce housing deliveries ($25.5M) and higher commercial sales, partially offset by lower inventory finance sales.
Consumer, MHP and dealer loans interest$11.5M+5.4% YoY
Increase driven primarily by consumer loan portfolio interest.
Other revenue$1.1M+25.0% YoY
Primarily due to higher land sales associated with sale of small land parcel.
Largest Expense Items
Cost of product sales$33.5M+29.2% YoY
Increase as result of increase in units sold, including workforce housing deliveries.
Selling, general and administrative expenses$6.9M+21.1% YoY
Driven by increased professional and consulting fees ($0.9M), Heritage Housing payroll, and service and warranty costs.
Provision for loan loss$(0.6)MIncome vs provision in prior year
Q2 2026 showed loan loss income versus provision of $1.1M in Q2 2025.
Margins: Gross margin benefited from approximately $0.7M of tariff refunds during the quarter, though uncertainty regarding future tariff levels remains. Operating income increased 57% as cost increases were outpaced by revenue growth driven by workforce housing mix.
Watch Items from the Filing
Workforce housing concentration: Single customer $7.1M advance deposit for 380-unit order; 113 units delivered in Q2 with remainder expected through end of 2026; contingent on labor availability and production capacity.
MHP note maturity: $48.6M New Note matured July 2026, not repaid in full; Company received $2M payment post-quarter and agreed forbearance with modified terms including 90-day forbearance plus 18-month interest-only period.
Customer concentration: Two customers represented 41.6% of Q2 product sales; for H1 2026, two customers represented 29.7% of product sales.
Material weaknesses in internal controls: Company identified deficiencies in control design, insufficient qualified accounting personnel, and inadequate IT general controls; disclosure controls deemed not effective as of June 30, 2026.
AmeriCasa litigation: March 2026 lawsuit alleges $1M+ in damages for fraud, misrepresentation, and post-closing misappropriation; acquisition accounting remains in measurement period with potential adjustments pending litigation outcomes.
AI-extracted and verified against SEC EDGAR filing text. Not investment advice.
