$76.66-41% 1Y

The financials

Lennar by the numbers

Lennar (LEN) reported revenue of $8.05B in Q3 2026 (quarter ended Aug 31, 2026), down 8.7% from the same quarter a year earlier. That came with net income of $284M (3.5% of revenue). For the full year FY2025, revenue was $34.2B (−3.5% year on year) and net income $2.08B. Its largest segment in Q2 2026 (quarter ended May 31, 2026) was Homebuilding West at $2.76B, 35% of the disclosed total, ahead of Homebuilding East at 22%. The next results filing is expected around Dec 15, 2026, the same week as a year ago.

Lennar income statement, Q3 2026 against the same quarter a year earlier
Income statementQ3 2026Q3 2025Change
Revenue$8.05B$8.81B−8.7%
Operating income$460M$700M−34%
Net income$284M$591M−52%
Diluted EPS$1.19$2.29−48%
Revenue by segment, Q2 2026 (quarter ended May 31, 2026), as reported to the SEC · segment disclosure runs one filing behind the income statement
OperatingRevenueShare
Homebuilding West$2.76B35%
Homebuilding East$1.71B22%
Homebuilding Central$1.66B21%
Homebuilding South Central$1.46B18%
Lennar Financial Services$237M3.0%
Lennar Multifamily$64M0.8%
Lennar Other$23M0.3%
Homebuilding Other Regions$1.9M0.0%

Business segments

Revenue split by operating segment, from SEC XBRL filings.

Latest period: Q2 2026Total $7.92B (+20%)
Lennar Other grew +340% year on yearLennar Multifamily -72% year on year
  • Homebuilding West$2.76Bquarter on quarter +22%year on year -2.2%
  • Homebuilding East$1.71Bquarter on quarter +13%year on year -0.36%
  • Homebuilding Central$1.66Bquarter on quarter +24%year on year -4.6%
  • Homebuilding South Central$1.46Bquarter on quarter +26%year on year -2.8%
  • Lennar Financial Services$236.9Mquarter on quarter +9.9%year on year -21%
  • Lennar Multifamily$63.6Mquarter on quarter -23%year on year -72%
  • Lennar Other$23.1Mquarter on quarter +0.86%year on year +340%
  • Homebuilding Other Regions$1.9Mquarter on quarter -51%year on year -61%
Segment sum = 100% of reported consolidated revenue · Latest source: 10-Q filed Jun 29, 2026, SEC EDGAR