Lennar Quarterly Income Statement
NYSE: LENConsumer DiscretionaryHomebuildingUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Lennar revenue and earnings
In the quarter ended Aug 31, 2026, Lennar generated $8.05 billion in revenue, down 8.7% from the same quarter a year earlier. Net income was $283.9 million (-52.0% year over year), for a net margin of 3.5% versus a median of 5.2% in the prior 5 quarters. Diluted earnings per share came in at $1.19, down from $2.29.
Summary generated from market data by MetaCap's automated system. Methodology
Lennar income statement (quarterly)
| Quarter (USD) | Q3 20262026-08-31 | Q2 20262026-05-31 | Q1 20262026-02-28 | Q4 20252025-11-30 | Q3 20252025-08-31 | Q2 20252025-05-31 | Q1 20252025-02-28 | Q4 20242024-11-30 | Q3 20242024-08-31 | Q2 20242024-05-31 | Q1 20242024-02-29 | Q4 20232023-11-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 8.05B | 7.94B | 6.62B | 9.37B | 8.81B | 8.38B | 7.63B | 9.95B | 9.42B | 8.77B | 7.31B | 10.97B |
| Revenue growth (YoY) | -8.67% | -5.22% | -13.26% | -5.82% | -6.43% | -4.43% | +4.36% | -9.31% | +7.86% | +8.95% | +12.67% | +7.80% |
| Selling, General & Admin | 714.04M | 698.39M | 617.50M | 697.26M | 676.49M | 688.85M | 615.74M | — | — | — | — | — |
| Other Income (Expense) | -22.57M | 4.06M | 8.15M | -105.82M | -18.96M | 30.76M | 31.67M | 68.99M | 23.33M | 68.17M | 65.37M | -26.99M |
| Pretax Income | 387.08M | 413.19M | 302.45M | 683.04M | 790.70M | 641.88M | 698.24M | 1.46B | 1.54B | 1.26B | 930.79M | 1.78B |
| Income Tax | 101.59M | 105.06M | 69.09M | 185.09M | 190.89M | 160.06M | 169.53M | 358.06M | 347.86M | 300.47M | 210.87M | 416.78M |
| Net Income | 283.88M | 304.77M | 229.38M | 490.24M | 590.97M | 477.45M | 519.53M | 1.10B | 1.16B | 954.31M | 719.33M | 1.36B |
| Net Income growth (YoY) | -51.96% | -36.17% | -55.85% | -55.28% | -49.17% | -49.97% | -27.78% | -19.47% | +4.84% | +9.48% | +20.59% | +2.94% |
| EPS (Basic) | 1.19 | 1.24 | 0.93 | 1.92 | 2.29 | 1.81 | 1.96 | 4.03 | 4.26 | 3.45 | 2.57 | 4.79 |
| EPS (Diluted) | 1.19 | 1.24 | 0.93 | — | 2.29 | 1.81 | 1.96 | 4.03 | 4.26 | 3.45 | 2.57 | 4.79 |
| Shares Outstanding (Basic) | 237.76M | 240.78M | 244.44M | — | 255.60M | 260.29M | 262.73M | — | 270.16M | 273.70M | 276.95M | — |
| Shares Outstanding (Diluted) | 237.76M | 240.78M | 244.44M | — | 255.60M | 260.29M | 262.73M | — | 270.16M | 273.70M | 276.95M | — |
| Net Margin | 3.53% | 3.84% | 3.47% | 5.23% | 6.71% | 5.70% | 6.81% | 11.02% | 12.35% | 10.89% | 9.84% | 12.41% |
This table shows 12 quarterly periods of Lennar's income statement, from Q3 2026 back to Q4 2023, across 18 line items including revenue, gross profit, operating expenses. Values in USD; B = billions, M = millions. Fiscal periods follow LEN's reporting calendar. What is a income statement?