Legacy Housing Corporation Reports Second Quarter 2026 Financial Results

BEDFORD, Texas, Aug. 05, 2026 (GLOBE NEWSWIRE) -- Legacy Housing Corporation (the “Company” or “Legacy”, Nasdaq: LEGH) today announced its financial results for the second quarter ended June 30, 2026.

Financial Highlights * Net revenue for the second quarter of 2026 was $66.3 million, an increase of 32.3% from the second quarter of 2025. * Income from operations for the second quarter of 2026 was $26.5 million, an increase of 57.3% from the second quarter of 2025. * Net income for the second quarter of 2026 was $23.5 million, an increase of 59.8% from the second quarter of 2025. * Basic earnings per share for the second quarter of 2026 was $0.99, an increase of 62.3% from the second quarter of 2025. Diluted earnings per share was $0.99, an increase of 65.0% from the second quarter of 2025. * Book value per share on June 30, 2026, was $23.64, an increase of 6.5% from December 31, 2025. * Began deliveries during the second quarter under the previously announced large workforce housing order, shipping 113 of the 380 contracted units; product sales further benefited from strong deliveries to several other large customers. Deliveries under the order are expected to be completed during the remainder of 2026. * The Company enters the second half of 2026 with a healthy order book and active sales pipeline, and is focused on securing additional workforce housing business, including opportunities tied to data center construction projects. Kenneth E. Shipley, Chief Executive Officer, stated: “This was a great quarter for Legacy — record net income, a strong backlog, and the first deliveries under our marquee 2026 workforce housing order. Our sales team keeps raising its game, bringing in more and higher-quality leads than ever, and that momentum gives me real confidence heading into the second half. On a personal note, Curt Hodgson and I started this company together and built it side by side all the way to going public. I couldn’t be prouder that, in all those years, Legacy has never had a losing quarter. Curt retired in July, and a quarter like this feels like a fitting tribute to everything we built together. I’m grateful to him, and excited about what’s ahead.”