Lennar (LEN) Cost of Revenue (2013 - 2026)
Lennar (LEN) posted Cost of Revenue of $252.4 million for Q2 2026, down 2.32% sequentially from $258.4 million in Q1 2026, and down 40.7% YoY from $425.5 million in Q2 2025.
Lennar (LEN) Cost of Revenue (2013 - 2026) Analysis & Trends
Lennar has reported Cost of Revenue for 14 years, with the latest figure at $252.4 million in Q2 2026.
- Quarterly Cost of Revenue fell 40.7% year-over-year to $252.4 million in Q2 2026, while the trailing twelve-month figure through May 2026 was $1.9 billion (down 79.36% YoY) and the FY2025 annual result came in at $1.5 billion, up 33.73% from the prior year.
- Cost of Revenue eased to $252.4 million in Q2 2026 per LEN's latest filing, from $258.4 million in the prior quarter.
- Over five years, Cost of Revenue peaked at $7.9 billion in Q4 2022 and troughed at $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.
- The sharpest annual moves came in 2023 and 2024: Cost of Revenue slumped 97.54% in 2023, then surged 104483.59% in 2024.
- Over 5 years, Cost of Revenue stood at $7.9 billion in 2022, then sank by 86.75% to $1.0 billion in 2023, then slumped by 32.01% to $713.4 million in 2024, then soared by 54.8% to $1.1 billion in 2025, then sank by 77.15% to $252.4 million in 2026.
- According to Business Quant data, Cost of Revenue over the past three periods registered $252.4 million, $258.4 million, and $1.1 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 41.98 Bn | 39.85 Bn | 2.15 Bn | 7.08 Bn |
| 2 | Pultegroup | 24.45 Bn | 23.08 Bn | 1.06 Bn | 2.92 Bn |
| 3 | Lennar | 20.97 Bn | 18.79 Bn | 7.69 Bn | 252.35 Mn |
| 4 | Nvr | 17.21 Bn | 16.12 Bn | 485.14 Mn | 1.84 Bn |
| 5 | Toll Brothers | 14.01 Bn | 12.90 Bn | 604.89 Mn | 1.93 Bn |
| 6 | Taylor Morrison Home | 6.77 Bn | 6.12 Bn | 290.64 Mn | 1.10 Bn |
| 7 | Installed Building Products | 6.61 Bn | 6.21 Bn | 258.90 Mn | 518.90 Mn |
| 8 | Champion Homes | 5.07 Bn | 4.43 Bn | - | - |
| 9 | Meritage Homes | 4.73 Bn | 3.93 Bn | 254.14 Mn | 1.15 Bn |
| 10 | Cavco Industries | 4.55 Bn | 4.29 Bn | - | - |
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 |