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
DateValue
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