Legacy Housing reports Q1 2026 net income of $10.9 million, up from $10.3 million year-over-year, despite a revenue decline.
Legacy Housing Corporation posted Q1 2026 net income of $10.9 million, a 5.8% increase from $10.3 million in the same period last year. Diluted earnings per share rose to $0.46 from $0.41, reflecting improved margins despite a revenue drop.
Total net revenue for the quarter fell 3.7% to $34.4 million from $35.7 million a year earlier. The company attributed the decline to lower unit deliveries but highlighted cost efficiencies driving profitability.
Legacy expects to deliver 200 to 300 high-margin workforce units in Q2 2026 ahead of the June 30 sunset of the Section 45L tax credit.