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LEN · NYSE · Residential Construction

Lennar (LEN)

Builds U.S. homes through standardized plans, bundled features, and land-light community development.

$83.52

After hours+0.47 (+0.56%)

At close$83.05(+6.37%)

In millions of USD, except per-share figures

In millions	Q4 FY23Nov 2023	Q1 FY24Feb 2024	Q2 FY24May 2024	Q3 FY24Aug 2024	Q4 FY24Nov 2024	Q1 FY25Feb 2025	Q2 FY25May 2025	Q3 FY25Aug 2025	Q4 FY25Nov 2025	Q1 FY26Feb 2026	Q2 FY26May 2026	Q3 FY26Aug 2026
Revenue	10,968	7,313	8,766	9,416	9,947	7,632	8,378	8,810	9,368	6,619	7,940	8,046
Cost of revenue	8,234	6,238	7,370	7,944	8,391	6,770	7,573	7,918	8,539	6,229	7,449	6,714
Gross profit	2,735	1,075	1,395	1,472	1,556	861	804	893	829	391	490	1,333
	824	157	157	165	170	147	156	171	162	158	142	873
	824	157	157	165	170	147	156	171	162	158	136	852
Selling & marketing	688	0	0	0	0	0	0	0	0	0	0	0
General & administrative	136	157	157	165	170	147	156	171	162	158	136	852
Other expenses	0	0	0	0	0	0	0	0	0	0	6	21
Operating income	1,911	918	1,238	1,308	1,386	714	649	721	667	233	348	460
	−126	13	23	228	72	−15	−7	70	16	69	65	−73
Interest expense	0	0	0	0	4	0	0	0	0	0	55	59
Other non-operating income	−46	−13	−23	−228	−76	15	7	−70	−16	−69	−120	14
Income before tax	1,784	931	1,261	1,535	1,458	698	642	791	683	302	413	387
Income tax expense	417	211	300	348	358	170	160	191	185	69	105	102
Net income from continuing operations	1,367	720	961	1,187	1,100	529	482	600	498	233	308	285
Net income	1,361	719	954	1,163	1,096	520	477	591	490	229	308	284
EPS, basic	$4.82	$2.57	$3.45	$4.26	$4.06	$1.96	$1.81	$2.29	$1.93	$0.94	$1.23	$1.19
EPS, diluted	$4.82	$2.57	$3.45	$4.26	$4.06	$1.96	$1.81	$2.29	$1.93	$0.94	$1.23	$1.19
Weighted average shares, basic	279	277	274	270	267	263	262	256	252	244	243	238
Weighted average shares, diluted	279	277	274	270	267	263	262	256	252	244	243	238
EBITDA	1,985	958	1,290	1,565	1,493	730	676	825	718	336	468	446
Depreciation & amortization	29	27	29	29	30	31	34	34	35	33	0	0
EBIT	1,956	931	1,261	1,535	1,462	698	642	791	683	302	468	446