Company research
Landsea Homes Corp
CIK 1721386Updated Oct 6, 2026
Securities
Historical securities (2)
LSEA · NASDAQ · equity · closed Jun 25, 2025LSEAW · NASDAQ · warrant · closed Jun 25, 2025Name history
LF Capital Acquisition Corp. · through Jan 6, 2021
LSEA price & chart
Historical security
This listing closed Jun 25, 2025. Live provider charts are shown only for current listings.
About the company
Landsea Homes (Nasdaq: LSEA) is a publicly traded residential homebuilder based in Dallas, Texas that designs and builds best-in-class homes and sustainable master-planned communities in some of the nation’s most desirable markets. Landsea Homes has developed homes and communities in New York, Boston, New Jersey, Arizona, Colorado, Florida, Texas and throughout California in Silicon Valley, Los Angeles, and Orange County. Landsea Homes was honored as the Green Home Builder 2023 Builder of the Year, after being named the 2022 winner of the prestigious Builder of the Year award, presented by BUILDER magazine, in recognition of a historical year of transformation.
In the news
No coverage from other publishers is available.
Recent filings
Financials
FY 2024 · USDSource
Source
Source
Source
Source
balance sheet · annual statements
| Line item | Q3 2024 | Q3 2023 | Q3 2022 | Q2 2024 | Q2 2023 | Q1 2025 | Q1 2024 | Q1 2023 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||||||
| AssetsUSD | 1,726,611,000Source | 1,477,087,000Source | 1,468,858,000Source | 1,742,910,000Source | 1,406,571,000Source | 1,682,382,000Source | 1,543,377,000Source | 1,428,082,000Source | 1,701,337,000Source | 1,471,232,000Source | 1,440,496,000Source | 1,265,514,000Source |
| GoodwillUSD | 155,597,000Source | 68,639,000Source | 68,639,000Source | 152,322,000Source | 68,639,000Source | 155,597,000Source | 68,639,000Source | 68,639,000Source | 155,597,000Source | 68,639,000Source | 68,639,000Source | 24,457,000Source |
| Current assets: | ||||||||||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 32,198,000Source | 133,491,000Source | 110,192,000Source | 82,150,000Source | 74,186,000Source | 36,740,000Source | 121,492,000Source | 136,785,000Source | 53,322,000Source | 119,555,000Source | 123,634,000Source | 342,810,000Source |
| Operating Lease, Right-of-Use AssetUSD | 24,800,000Source | 12,900,000Source | 12,800,000Source | 24,900,000Source | 13,800,000Source | 22,900,000Source | 13,800,000Source | 13,700,000Source | 23,358,000Source | 11,869,000Source | 15,589,000Source | 12,593,000Source |
| LIABILITIES AND EQUITY | ||||||||||||
| LiabilitiesUSD | 1,045,589,000Source | 775,640,000Source | 784,605,000Source | 1,070,028,000Source | 694,965,000Source | 1,013,063,000Source | 866,853,000Source | 715,464,000Source | 1,025,228,000Source | 782,880,000Source | 730,177,000Source | 644,117,000Source |
| Stockholders’ equity: | ||||||||||||
| Preferred Stock, Value, IssuedUSD | 0Source | 0Source | 0Source | 0Source | 0Source | 0Source | 0Source | 0Source | 0Source | 0Source | 0Source | 0Source |
| Common Stock, Value, IssuedUSD | 4,000Source | 4,000Source | 4,000Source | 4,000Source | 4,000Source | 4,000Source | 4,000Source | 4,000Source | 4,000Source | 4,000Source | 4,000Source | 5,000Source |
| Retained Earnings (Accumulated Deficit)USD | 201,769,000Source | 175,109,000Source | 132,767,000Source | 190,659,000Source | 166,513,000Source | 197,561,000Source | 187,774,000Source | 161,566,000Source | 204,815,000Source | 187,584,000Source | 158,348,000Source | 84,797,000Source |
| Stockholders' Equity Attributable to ParentUSD | 662,832,000Source | 652,950,000Source | 629,849,000Source | 650,664,000Source | 657,258,000Source | 660,274,000Source | 647,299,000Source | 658,257,000Source | 667,182,000Source | 652,878,000Source | 655,950,000Source | 620,147,000Source |
| Additional Paid in Capital, Common StockUSD | 461,059,000Source | 477,837,000Source | 497,078,000Source | 460,001,000Source | 490,741,000Source | 462,709,000Source | 459,521,000Source | 496,687,000Source | 462,363,000Source | 465,290,000Source | 497,598,000Source | 535,345,000Source |
| Liabilities and EquityUSD | 1,726,611,000Source | 1,477,087,000Source | 1,468,858,000Source | 1,742,910,000Source | 1,406,571,000Source | 1,682,382,000Source | 1,543,377,000Source | 1,428,082,000Source | 1,701,337,000Source | 1,471,232,000Source | 1,440,496,000Source | 1,265,514,000Source |
| Stockholders' Equity Attributable to Noncontrolling InterestUSD | 18,190,000Source | 48,497,000Source | 54,404,000Source | 22,218,000Source | 54,348,000Source | 9,045,000Source | 29,225,000Source | 54,361,000Source | 8,927,000Source | 35,474,000Source | 54,369,000Source | 1,250,000Source |
| Additional Financial Items | ||||||||||||
| Long-term DebtUSD | — | — | 585,065,000Source | — | 482,736,000Source | — | — | 516,929,000Source | — | — | 505,422,000Source | 461,117,000Source |
cash flow · annual statements
| Line item | Q4 2024 | Q4 2023 | Q3 2024 | Q3 2023 | Q2 2024 | Q2 2023 | Q1 2025 | Q1 2024 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | — | — | 11,391,000Source | 9,483,000Source | 3,235,000Source | 5,866,000Source | -7,089,000Source | 734,000Source | 18,534,000Source | 32,650,000Source | 75,665,000Source | 52,735,000Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Depreciation, Depletion and AmortizationUSD | — | — | — | — | — | — | 2,148,000Source | 1,320,000Source | 7,366,000Source | 5,104,000Source | 5,549,000Source | 5,393,000Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | — | — | — | — | — | — | 770,000Source | 678,000Source | 3,522,000Source | 3,088,000Source | 3,647,000Source | 5,808,000Source |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Accounts PayableUSD | — | — | — | — | — | — | 618,000Source | 10,738,000Source | 5,907,000Source | 3,523,000Source | -5,617,000Source | 35,850,000Source |
| Deferred Income Tax Expense (Benefit)USD | — | — | — | — | — | — | -2,808,000Source | -183,000Source | 2,765,000Source | -4,917,000Source | -6,299,000Source | -2,826,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | — | — | — | — | — | — | -10,076,000Source | -33,235,000Source | 29,602,000Source | 27,167,000Source | 15,995,000Source | 33,400,000Source |
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Businesses, Net of Cash AcquiredUSD | — | — | — | — | — | — | — | — | 235,043,000Source | 0Source | 258,727,000Source | 44,537,000Source |
| Net Cash Provided by (Used in) Investing ActivitiesUSD | — | — | — | — | — | — | -1,890,000Source | -1,907,000Source | -240,902,000Source | -7,478,000Source | -263,618,000Source | -25,579,000Source |
| Cash flows from financing activities: | ||||||||||||
| Payment, Tax Withholding, Share-based Payment ArrangementUSD | — | — | — | — | — | — | 519,000Source | 675,000Source | 1,299,000Source | 695,000Source | 848,000Source | — |
| Payments for Repurchase of Common StockUSD | — | — | — | — | — | — | 0Source | 6,452,000Source | 6,452,000Source | 34,417,000Source | 40,547,000Source | — |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | — | — | — | — | — | — | -4,616,000Source | 37,079,000Source | 145,067,000Source | -23,768,000Source | 28,004,000Source | 225,384,000Source |
| Proceeds from (Payments for) Other Financing ActivitiesUSD | — | — | — | — | — | — | — | — | — | — | 0Source | 0Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | — | — | — | — | — | — | -16,582,000Source | 1,937,000Source | -66,233,000Source | -4,079,000Source | -219,619,000Source | 233,205,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | — | — | 32,198,000Source | 133,491,000Source | 82,150,000Source | 74,186,000Source | 36,740,000Source | 121,492,000Source | 53,322,000Source | 119,555,000Source | 123,634,000Source | 343,253,000Source |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | — | — | — | — | — | — | 0Source | 0Source | 0Source | 0Source | 0Source | 32,000Source |
| Additional Financial Items | ||||||||||||
| Amortization of Debt Issuance CostsUSD | — | — | — | — | — | — | — | — | — | — | — | 4,173,000Source |
| DepreciationUSD | — | — | — | — | — | — | — | — | 2,000,000Source | 1,800,000Source | 2,000,000Source | 1,700,000Source |
| Equity Method Investment, Other than Temporary ImpairmentUSD | — | — | — | — | — | — | — | — | — | — | 0Source | 0Source |
| Gain (Loss) on Extinguishment of DebtUSD | — | — | — | — | — | — | — | — | -5,180,000Source | 0Source | -2,496,000Source | 4,266,000Source |
| General and Administrative ExpenseUSD | — | — | 21,932,000Source | 25,463,000Source | 29,555,000Source | 25,980,000Source | 26,813,000Source | 26,082,000Source | 102,144,000Source | 101,442,000Source | 89,325,000Source | 70,266,000Source |
| GoodwillUSD | — | — | 155,597,000Source | 68,639,000Source | 152,322,000Source | 68,639,000Source | 155,597,000Source | 68,639,000Source | 155,597,000Source | 68,639,000Source | 68,639,000Source | 24,457,000Source |
| Goodwill, Impairment LossUSD | — | — | — | — | — | — | — | — | 0Source | 0Source | 0Source | 0Source |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | — | — | 11,391,000Source | 9,483,000Source | 3,235,000Source | 5,866,000Source | -7,089,000Source | 734,000Source | 18,534,000Source | 32,650,000Source | 75,665,000Source | 52,735,000Source |
| Income (Loss) from Equity Method InvestmentsUSD | — | — | — | — | — | — | — | — | — | — | 149,000Source | 1,262,000Source |
| Income Tax Expense (Benefit)USD | — | — | 3,498,000Source | 3,066,000Source | 1,370,000Source | 1,640,000Source | -2,808,000Source | -30,000Source | 8,141,000Source | 11,895,000Source | 25,400,000Source | 13,995,000Source |
| Inventory Write-downUSD | — | — | — | — | — | — | — | — | — | 4,700,000Source | 0Source | 0Source |
| Net Income (Loss) Attributable to ParentUSD | — | — | 11,110,000Source | 8,596,000Source | 2,885,000Source | 4,947,000Source | -7,254,000Source | 190,000Source | 18,534,000Source | 29,236,000Source | 73,551,000Source | 52,786,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | — | — | 281,000Source | 887,000Source | 350,000Source | 919,000Source | 165,000Source | 544,000Source | 1,303,000Source | 3,414,000Source | 2,114,000Source | -51,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | — | — | — | 8,596,000Source | — | 4,947,000Source | — | — | 17,231,000Source | 29,236,000Source | 71,845,000Source | 51,625,000Source |
| Operating ExpensesUSD | — | — | 45,377,000Source | 42,393,000Source | 54,218,000Source | 44,314,000Source | 50,765,000Source | 44,570,000Source | 200,333,000Source | 174,690,000Source | 178,630,000Source | 123,106,000Source |
| Operating Lease, ExpenseUSD | — | — | 800,000Source | 900,000Source | 900,000Source | 800,000Source | 800,000Source | 800,000Source | 3,200,000Source | 3,900,000Source | 2,200,000Source | 1,900,000Source |
| Other Nonoperating Income (Expense)USD | — | — | 1,449,000Source | 656,000Source | -5,353,000Source | 1,159,000Source | 1,300,000Source | 1,813,000Source | -784,000Source | 4,261,000Source | -63,000Source | 3,886,000Source |
| Payments for Repurchase of WarrantsUSD | — | — | — | — | — | — | — | — | 0Source | 0Source | 16,500,000Source | — |
| Proceeds from Noncontrolling InterestsUSD | — | — | — | — | — | — | — | — | 0Source | 0Source | 55,000,000Source | 0Source |
| Proceeds from Stock Options ExercisedUSD | — | — | — | — | — | — | 95,000Source | 736,000Source | 1,359,000Source | 37,000Source | — | — |
income statement · annual statements
| Line item | Q4 2024 | Q4 2023 | Q3 2024 | Q3 2023 | Q2 2024 | Q2 2023 | Q1 2025 | Q1 2024 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total RevenueUSD | — | — | 338,472,000Source | 277,348,000Source | 431,143,000Source | 293,244,000Source | 310,811,000Source | 294,041,000Source | 1,550,337,000Source | 1,209,947,000Source | 1,446,449,000Source | 1,023,304,000Source |
| Cost of RevenueUSD | — | — | 279,655,000Source | 223,062,000Source | 366,967,000Source | 242,583,000Source | 271,243,000Source | 250,580,000Source | 1,322,545,000Source | 994,973,000Source | 1,159,525,000Source | 840,706,000Source |
| Operating Income (Loss)USD | — | — | 13,440,000Source | 11,893,000Source | 9,958,000Source | 6,347,000Source | -11,197,000Source | -1,109,000Source | 27,459,000Source | 40,284,000Source | 108,294,000Source | 59,492,000Source |
| Other Nonoperating Income (Expense)USD | — | — | 1,449,000Source | 656,000Source | -5,353,000Source | 1,159,000Source | 1,300,000Source | 1,813,000Source | -784,000Source | 4,261,000Source | -63,000Source | 3,886,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | — | — | 14,889,000Source | 12,549,000Source | 4,605,000Source | 7,506,000Source | -9,897,000Source | 704,000Source | 26,675,000Source | 44,545,000Source | 101,065,000Source | 66,730,000Source |
| Income Tax Expense (Benefit)USD | — | — | 3,498,000Source | 3,066,000Source | 1,370,000Source | 1,640,000Source | -2,808,000Source | -30,000Source | 8,141,000Source | 11,895,000Source | 25,400,000Source | 13,995,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | — | — | 281,000Source | 887,000Source | 350,000Source | 919,000Source | 165,000Source | 544,000Source | 1,303,000Source | 3,414,000Source | 2,114,000Source | -51,000Source |
| Net Income (Loss) Attributable to ParentUSD | — | — | 11,110,000Source | 8,596,000Source | 2,885,000Source | 4,947,000Source | -7,254,000Source | 190,000Source | 18,534,000Source | 29,236,000Source | 73,551,000Source | 52,786,000Source |
| Earnings Per Share, BasicUSD per share | — | — | 0.31Source | 0.22Source | 0.08Source | 0.12Source | -0.2Source | 0.01Source | 0.48Source | 0.75Source | 1.71Source | 1.14Source |
| Earnings Per Share, DilutedUSD per share | — | — | 0.3Source | 0.22Source | 0.08Source | 0.12Source | -0.2Source | 0.01Source | 0.47Source | 0.75Source | 1.7Source | 1.14Source |
| Weighted Average Number of Shares Outstanding, Basicshares | — | — | 36,279,056Source | 38,336,100Source | 36,199,850Source | 39,891,982Source | 36,334,207Source | 36,279,679Source | 36,262,257Source | 38,885,003Source | 42,052,696Source | 45,198,722Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | — | — | 36,497,337Source | 38,440,392Source | 36,369,827Source | 39,971,731Source | 36,334,207Source | 36,798,722Source | 36,556,070Source | 39,076,322Source | 42,199,462Source | 45,250,718Source |
| Additional Financial Items | ||||||||||||
| General and Administrative ExpenseUSD | — | — | 21,932,000Source | 25,463,000Source | 29,555,000Source | 25,980,000Source | 26,813,000Source | 26,082,000Source | 102,144,000Source | 101,442,000Source | 89,325,000Source | 70,266,000Source |
| Goodwill, Impairment LossUSD | — | — | — | — | — | — | — | — | 0Source | 0Source | 0Source | 0Source |
| Gross ProfitUSD | — | — | 58,817,000Source | 54,286,000Source | 64,176,000Source | 50,661,000Source | 39,568,000Source | 43,461,000Source | 227,792,000Source | 214,974,000Source | 286,924,000Source | 182,598,000Source |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | — | — | 11,391,000Source | 9,483,000Source | 3,235,000Source | 5,866,000Source | -7,089,000Source | 734,000Source | 18,534,000Source | 32,650,000Source | 75,665,000Source | 52,735,000Source |
| Income (Loss) from Equity Method InvestmentsUSD | — | — | — | — | — | — | — | — | — | — | 149,000Source | 1,262,000Source |
| Interest ExpenseUSD | — | — | 13,600,000Source | 10,000,000Source | 18,000,000Source | 7,300,000Source | 13,900,000Source | 10,600,000Source | 61,000,000Source | 36,300,000Source | — | 34,808,000Source |
| Marketing and Advertising ExpenseUSD | — | — | — | — | — | — | — | — | 10,600,000Source | 6,900,000Source | 5,100,000Source | 3,200,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | — | — | — | 8,596,000Source | — | 4,947,000Source | — | — | 17,231,000Source | 29,236,000Source | 71,845,000Source | 51,625,000Source |
| Operating ExpensesUSD | — | — | 45,377,000Source | 42,393,000Source | 54,218,000Source | 44,314,000Source | 50,765,000Source | 44,570,000Source | 200,333,000Source | 174,690,000Source | 178,630,000Source | 123,106,000Source |
| Operating Lease, ExpenseUSD | — | — | 800,000Source | 900,000Source | 900,000Source | 800,000Source | 800,000Source | 800,000Source | 3,200,000Source | 3,900,000Source | 2,200,000Source | 1,900,000Source |
| Selling and Marketing ExpenseUSD | — | — | 23,445,000Source | 16,930,000Source | 24,663,000Source | 18,334,000Source | 23,952,000Source | 18,488,000Source | 98,189,000Source | 73,248,000Source | 89,305,000Source | 52,840,000Source |
Filing attachments
ef20050919_ex99-1.htm · 8-K · 2025-06-25
EX-99.1 4 ef20050919_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 New Home Co. Completes Acquisition of Landsea Homes Corporation ───────────────────────────────────────────────────────────────────────────────────────────────────────────────── Establishes Top 25 National Homebuilder with Strong Foundation for Growth IRVINE, Calif., June 25, 2025 -- New Home Co. (“New Home”) and Landsea Homes Corporation (“Landsea Homes”) today announced that New Home has completed the previously announced …
Read attachment ↗e6631_ex4-1.htm · 8-K · 2025-06-02
EX-4.1 2 e6631_ex4-1.htm EXHIBIT 4.1 EXHIBIT 4.1 THIRD SUPPLEMENTAL INDENTURE THIRD SUPPLEMENTAL INDENTURE, dated as of May 29, 2025 (this “Supplemental Indenture”), by and among Landsea Homes Corporation, a Delaware corporation (the “Issuer”), the guarantors party hereto (the “Guarantors”) and U.S. Bank Trust Company, National Association, as trustee (the “Trustee”). W I T N E S S E T H WHEREAS, that certain Indenture, dated as of April 1, 2024, among the Issuer, the guarantors party th…
Read attachment ↗e6593_ex99-1.htm · 8-K · 2025-05-13
EX-99.1 3 e6593_ex99-1.htm EXHIBIT 99.1 EXHIBIT 99.1 New Home Co. to Acquire Landsea Homes Corporation, Creating a Top 25 National Homebuilder Landsea Homes Shareholders to Receive $11.30 Per Share in Cash, Representing a Premium of Approximately 61% to the Closing Share Price on May 12, 2025 Complementary, Diversified Footprint Positions Combined Company to Accelerate Continued Growth Across the Country IRVINE, Calif. and DALLAS, May 12, 2025 - New Home Co. (“New Home”) and Landsea Home…
Read attachment ↗e6399_ex99-1.htm · 8-K · 2025-03-05
EX-99.1 2 e6399_ex99-1.htm EXHIBIT 99.1 EXHIBIT 99.1 FOR IMMEDIATE RELEASE Landsea Homes Corporation Confirms Receipt of Director Nominees from Mill Road DALLAS, Mar. 05, 2025 - Landsea Homes Corporation (Nasdaq: LSEA) (“Landsea Homes” or the “Company”) today confirmed that its Board of Directors has received notice from Mill Road Capital III, L.P. (“Mill Road”) of its intention to nominate three director candidates to stand for election to the Company’s Board of Directors at Landsea Home…
Read attachment ↗e6297_ex99-1.htm · 8-K · 2025-01-22
EX-99.1 2 e6297_ex99-1.htm EXHIBIT 99.1 EXHIBIT 99.1 SUSAN LATTMANN REJOINS LANDSEA HOMES BOARD OF DIRECTORS AS THOMAS HARTFIELD CONCLUDES HIS TERM Dallas, Texas (January 22, 2025) - Landsea Homes Corporation (Nasdaq: LSEA) (“Landsea Homes” or the “Company”), a publicly traded residential homebuilder, announced today that Susan E. Lattmann has rejoined the Company’s Board of Directors effective immediately. Ms. Lattmann is rejoining the Board following Thomas Hartfield’s decision not to st…
Read attachment ↗