Lennar (LEN) Cost of Revenue (2013 - 2026)
Lennar's (LEN) quarterly Cost of Revenue came in at $252.4 million in Q2 2026, down 40.7% year-over-year from $425.5 million in Q2 2025, and down 2.32% quarter-over-quarter from $258.4 million in Q1 2026.
Analysis
Lennar (LEN) Cost of Revenue (2013 - 2026) Analysis & Trends
Lennar has disclosed Cost of Revenue across 14 years of filings, most recently posting $252.4 million for Q2 2026.
- In Q2 2026, Cost of Revenue fell 40.7% year-over-year to $252.4 million; the TTM figure through May 2026 stood at -$11.7 billion (down 3.25% YoY), while the FY2025 annual figure was $1.5 billion, up 33.73% from the prior year.
- Cost of Revenue came in at $252.4 million for Q2 2026 at Lennar, down from $258.4 million in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $7.9 billion in Q4 2022 to a low of -$19.7 billion in Q4 2025.
- Average Cost of Revenue over 5 years is $908.7 million, with a median of $5.6 billion recorded in 2023.
- Year-over-year, Cost of Revenue advanced 26.73% in 2022 and plunged 321.07% in 2023.
- Over 5 years, Cost of Revenue stood at $7.9 billion in 2022, then sank by 321.07% to -$17.5 billion in 2023, then dropped by 11.74% to -$19.6 billion in 2024, then retreated by 0.54% to -$19.7 billion in 2025, then jumped by 101.28% to $252.4 million in 2026.
- Per Business Quant data, the three most recent Cost of Revenue figures were $252.4 million in Q2 2026, $258.4 million in Q1 2026, and -$19.7 billion in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 38.78 Bn | 37.23 Bn | 2.15 Bn | 7.08 Bn |
| 2 | Pultegroup | 21.98 Bn | 20.60 Bn | 1.06 Bn | 2.92 Bn |
| 3 | Nvr | 16.40 Bn | 15.31 Bn | 485.14 Mn | 1.84 Bn |
| 4 | Lennar | 16.10 Bn | 13.92 Bn | 7.69 Bn | 252.35 Mn |
| 5 | Toll Brothers | 12.27 Bn | 11.22 Bn | 625.22 Mn | 2.03 Bn |
| 6 | Taylor Morrison Home | 6.77 Bn | 6.12 Bn | 290.64 Mn | 1.10 Bn |
| 7 | Meritage Homes | 4.12 Bn | 3.31 Bn | 254.14 Mn | 1.15 Bn |
| 8 | M | 3.51 Bn | 2.78 Bn | 235.50 Mn | 827.76 Mn |
| 9 | Kb Home | 2.89 Bn | 2.83 Bn | 174.03 Mn | 938.41 Mn |
| 10 | Green Brick Partners | 2.85 Bn | 2.77 Bn | 157.52 Mn | 336.32 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 252.35 Mn |
| Feb 28, 2026 | 258.35 Mn |
| Nov 30, 2025 | -19.67 Bn |
| Aug 31, 2025 | 7.50 Bn |
| May 31, 2025 | 425.52 Mn |
| Feb 28, 2025 | 230.53 Mn |
| Nov 30, 2024 | -19.56 Bn |
| Aug 31, 2024 | 7.61 Bn |
| May 31, 2024 | 7.11 Bn |
| Feb 29, 2024 | 5.98 Bn |
| Nov 30, 2023 | -17.51 Bn |
| Aug 31, 2023 | 6.86 Bn |
| May 31, 2023 | 6.44 Bn |
| Feb 28, 2023 | 5.27 Bn |
| Nov 30, 2022 | 7.92 Bn |
| Aug 31, 2022 | 6.49 Bn |
| May 31, 2022 | 6.11 Bn |
| Feb 28, 2022 | 4.64 Bn |
| Nov 30, 2021 | 6.25 Bn |
| Aug 31, 2021 | 5.23 Bn |