Lennar (LEN) Cost of Revenue (2009 - 2026)

Lennar's (LEN) quarterly Cost of Revenue came in at $258.4 million in Q1 2026, up 12.07% year-on-year from $230.5 million in Q1 2025, and down 81.76% quarter-over-quarter from $1.4 billion in Q4 2025.

Lennar (LEN) Cost of Revenue (2009 - 2026) Analysis & Trends

Lennar has disclosed Cost of Revenue across 18 years of filings, most recently posting $258.4 million for Q1 2026.

  • Cost of Revenue for Q1 2026 came in at $258.4 million, up 12.07% year-over-year; the trailing twelve-month figure through Feb 2026 was $9.4 billion (up 149.35% YoY), and the FY2025 annual result was $1.5 billion, up 33.73% from the prior year.
  • Cost of Revenue came in at $258.4 million for Q1 2026 at Lennar, down from $1.4 billion in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $7.5 billion in Q3 2025 to a low of -$19.6 billion in Q4 2024.
  • The 5-year median for Cost of Revenue is $128.9 million (2024), against an average of -$1.4 billion.
  • Across the five-year window, Cost of Revenue tumbled 6223.82% in 2022 and jumped 5717.58% in 2025, its largest moves.
  • Lennar's Cost of Revenue stood at -$16.4 billion in 2022, then jumped by 106.4% to $1.0 billion in 2023, then plunged by 1964.46% to -$19.6 billion in 2024, then soared by 107.24% to $1.4 billion in 2025, then sank by 81.76% to $258.4 million in 2026.
  • The last three Cost of Revenue figures came in at $258.4 million (Q1 2026), $1.4 billion (Q4 2025), and $7.5 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Horton D R 42.25 Bn 40.90 Bn 1.70 Bn 5.85 Bn
2 Pultegroup 22.81 Bn 21.00 Bn 881.27 Mn 2.53 Bn
3 Lennar 21.97 Bn 19.78 Bn 6.36 Bn 258.35 Mn
4 Nvr 17.46 Bn 15.81 Bn 1.31 Bn 574.00 Mn
5 Toll Brothers 13.24 Bn 12.14 Bn 604.89 Mn 1.93 Bn
6 Taylor Morrison Home 6.87 Bn 6.87 Bn 290.64 Mn 89.88 Mn
7 Installed Building Products 5.23 Bn 4.76 Bn 212.30 Mn 34.00 Mn
8 Meritage Homes 4.75 Bn 3.98 Bn -269,000.00 79.47 Mn
9 Cavco Industries 4.47 Bn 4.44 Bn 135.92 Mn 445.07 Mn
10 Champion Homes 4.25 Bn 3.59 Bn 172.19 Mn 484.42 Mn

Historic Data

Download Data
DateValue
Feb 28, 2026 258.35 Mn
Feb 28, 2026 258.35 Mn
Nov 30, 2025 1.42 Bn
Nov 30, 2025 1.42 Bn
Aug 31, 2025 7.50 Bn
Aug 31, 2025 7.50 Bn
May 31, 2025 254.68 Mn
May 31, 2025 254.68 Mn
Feb 28, 2025 230.53 Mn
Feb 28, 2025 230.53 Mn
Nov 30, 2024 -19.56 Bn
Nov 30, 2024 -19.56 Bn
Aug 31, 2024 128.87 Mn
Aug 31, 2024 128.87 Mn
May 31, 2024 102.21 Mn
May 31, 2024 102.21 Mn
Feb 29, 2024 9.09 Mn
Feb 29, 2024 9.09 Mn
Nov 30, 2023 1.05 Bn
Nov 30, 2023 1.05 Bn