Lennar (LEN) Cost of Revenue (2013 - 2026)
Lennar (LEN) reported Cost of Revenue of $252.4 million for Q2 2026, down 40.7% on a YoY basis from $425.5 million in Q2 2025, and down 2.32% sequentially from $258.4 million in Q1 2026.
Lennar (LEN) Cost of Revenue (2013 - 2026) Analysis & Trends
Lennar (LEN) has 14 years of Cost of Revenue data on file, last reported at $252.4 million in Q2 2026.
- For the quarter ending Q2 2026, Cost of Revenue fell 40.7% year-over-year to $252.4 million; the trailing twelve-month figure through May 2026 stood at $1.9 billion (down 79.36% YoY), and the FY2025 full-year result was $1.5 billion, up 33.73% from the prior year.
- Cost of Revenue eased to $252.4 million in Q2 2026, 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 $6.5 million in Q1 2023.
- A 5-year average of $1.9 billion and a median of $261.0 million in 2022 frame the typical range for Cost of Revenue.
- Across the five-year window, Cost of Revenue plunged 97.54% in 2023 and soared 104483.59% in 2024, its largest moves.
- Tracing LEN's Cost of Revenue over 5 years: stood at $7.9 billion in 2022, then slumped by 86.75% to $1.0 billion in 2023, then tumbled by 32.01% to $713.4 million in 2024, then soared by 54.8% to $1.1 billion in 2025, then slumped by 77.15% to $252.4 million in 2026.
- Business Quant data shows LEN's Cost of Revenue at $252.4 million in Q2 2026, $258.4 million in Q1 2026, and $1.1 billion in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 41.66 Bn | 39.52 Bn | 2.15 Bn | 7.08 Bn |
| 2 | Pultegroup | 24.69 Bn | 23.36 Bn | 3.92 Bn | 60.67 Mn |
| 3 | Lennar | 20.49 Bn | 20.35 Bn | 7.69 Bn | 252.35 Mn |
| 4 | Nvr | 17.57 Bn | 15.93 Bn | 1.31 Bn | 574.00 Mn |
| 5 | Toll Brothers | 14.38 Bn | 13.27 Bn | 604.89 Mn | 1.93 Bn |
| 6 | Taylor Morrison Home | 6.96 Bn | 6.31 Bn | 290.64 Mn | 1.10 Bn |
| 7 | Installed Building Products | 6.13 Bn | 5.65 Bn | 212.30 Mn | 34.00 Mn |
| 8 | Meritage Homes | 4.94 Bn | 4.17 Bn | 68.61 Mn | - |
| 9 | Champion Homes | 4.59 Bn | 3.93 Bn | 172.19 Mn | 484.42 Mn |
| 10 | Cavco Industries | 4.53 Bn | 4.49 Bn | 135.92 Mn | 445.07 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| May 31, 2026 | 252.35 Mn |
| May 31, 2026 | 252.35 Mn |
| Feb 28, 2026 | 258.35 Mn |
| Feb 28, 2026 | 258.35 Mn |
| Nov 30, 2025 | 1.10 Bn |
| Nov 30, 2025 | 1.10 Bn |
| Aug 31, 2025 | 238.79 Mn |
| Aug 31, 2025 | 238.79 Mn |
| May 31, 2025 | 425.52 Mn |
| May 31, 2025 | 425.52 Mn |
| Feb 28, 2025 | 230.53 Mn |
| Feb 28, 2025 | 230.53 Mn |
| Nov 30, 2024 | 713.45 Mn |
| Nov 30, 2024 | 713.45 Mn |
| Aug 31, 2024 | 7.61 Bn |
| Aug 31, 2024 | 7.61 Bn |
| May 31, 2024 | 7.11 Bn |
| May 31, 2024 | 7.11 Bn |
| Feb 29, 2024 | 118.42 Mn |
| Feb 29, 2024 | 118.42 Mn |