LENLennar
$88.76-28% 1Y
$88.76
$73.5452 weeks$131.84
Latest close: below its 200-day averageNov 6, 2026what changed →
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 Q3 2026 was Homebuilding West at $2.59B, 32% of the disclosed total, ahead of Homebuilding Central at 24%. The next results filing is expected around Dec 15, 2026, the same week as a year ago.
| Income statement | Q3 2026 | Q3 2025 | Change |
|---|---|---|---|
| Revenue | $8.05B | $8.81B | −8.7% |
| Operating income | $460M | $700M | −34% |
| Net income | $284M | $591M | −52% |
| Diluted EPS | $1.19 | $2.29 | −48% |
| Operating | Revenue | Share |
|---|---|---|
| Homebuilding West | $2.59B | 32% |
| Homebuilding Central | $1.94B | 24% |
| Homebuilding East | $1.83B | 23% |
| Homebuilding South Central | $1.37B | 17% |
| Lennar Financial Services | $226M | 2.8% |
| Lennar Multifamily | $38M | 0.5% |
| Lennar - Other | $22M | 0.3% |
| Homebuilding Other Regions | $1.3M | 0.0% |
Over its last three fiscal years Lennar booked income tax of 24.0% of its pretax profit, above the 21.3% median for US companies in our tax study.
Business segments
Revenue split by operating segment, from SEC XBRL filings.
Latest period: Q3 2026Total $8.02B (+1.3%)
Lennar - Other grew +58% year on yearLennar Multifamily -83% year on year
What Q3 2026 was made of
Homebuilding West32%Homebuilding Central24%Homebuilding East23%Homebuilding South Central17%Lennar Financial Services3%Lennar Multifamily0%Lennar - Other0%Homebuilding Other Regions0%
Segment Latestvs last quartervs a year ago
- Homebuilding West$2.59B$2.59Bvs last quarter -6.2%vs a year ago -12%-6.2%-12%
- Homebuilding Central$1.94B$1.94Bvs last quarter +17%vs a year ago -3.8%+17%-3.8%
- Homebuilding East$1.83B$1.83Bvs last quarter +7.0%vs a year ago +5.5%+7.0%+5.5%
- Homebuilding South Central$1.37B$1.37Bvs last quarter -6.2%vs a year ago -9.0%-6.2%-9.0%
- Lennar Financial Services$226.1M$226.1Mvs last quarter -4.6%vs a year ago -28%-4.6%-28%
- Lennar Multifamily$38.5M$38.5Mvs last quarter -39%vs a year ago -83%-39%-83%
- Lennar - Other$22.0M$22.0Mvs last quarter -4.5%vs a year ago +58%-4.5%+58%
- Homebuilding Other Regions$1.3M$1.3Mvs last quarter -32%vs a year ago -65%-32%-65%
Residential Construction
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