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| Date | Value |
|---|---|
| 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 |