Lennar (LEN) Net Income (2010 - 2026)
Lennar (LEN) recorded Net Income of $308.13 million in fiscal Q2 2026 (quarter ended May 31, 2026), down 36.0% from $481.82 million a year earlier but up 32.0% from the prior quarter.
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Analysis
Lennar (LEN) Net Income (2010 - 2026) Analysis & Trends
On a TTM basis, Lennar's Net Income came in at $1.64 billion as of May 31, 2026, down 50.3% year-over-year; for FY2025 (ended Nov 30, 2025), it came in at $2.11 billion, down 46.9% from FY2024.
- Annual Net Income has a five-year compound annual growth rate of -3.1% (FY2020 to FY2025).
- Across earlier fiscal years, Net Income came in at $3.97 billion in FY2024 (+0.2%), $3.96 billion in FY2023 (-14.8%), $4.65 billion in FY2022 (+4.3%) and $4.46 billion in FY2021 (+80.6%).
- Quarterly Net Income has ranged from $233.36 million in fiscal Q1 2026 to $1.47 billion in fiscal Q3 2022 over the past five years.
- On a year-over-year basis, Net Income has declined for seven consecutive quarters, with an average decline of 35.7% over the last eight quarters.
- Peak year-over-year performance for Net Income in the last five years was growth of 110.5% in fiscal Q3 2021, against a decline of 55.9% in fiscal Q1 2026 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at $233.36 million (Q1 2026), $497.96 million (Q4 2025) and $599.81 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 38.33 Bn | 29.22 Bn | 2.15 Bn | 918.70 Mn |
| 2 | Pultegroup | 21.75 Bn | 15.04 Bn | 1.06 Bn | 524.79 Mn |
| 3 | Lennar | 17.19 Bn | 6.61 Bn | 807.31 Mn | 308.13 Mn |
| 4 | Nvr | 16.44 Bn | 9.72 Bn | 485.14 Mn | 245.24 Mn |
| 5 | Toll Brothers | 12.42 Bn | 7.81 Bn | 625.22 Mn | 264.51 Mn |
| 6 | Taylor Morrison Home | 6.77 Bn | 4.76 Bn | 290.64 Mn | 100.43 Mn |
| 7 | Champion Homes | 4.74 Bn | 2.22 Bn | - | - |
| 8 | Cavco Industries | 4.34 Bn | 3.09 Bn | - | - |
| 9 | Meritage Homes | 4.10 Bn | 1.02 Bn | 513.60 Mn | 90.63 Mn |
| 10 | M | 3.42 Bn | 491.29 Mn | 235.50 Mn | -751.30 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 308.13 Mn |
| Feb 28, 2026 | 233.36 Mn |
| Nov 30, 2025 | 497.96 Mn |
| Aug 31, 2025 | 599.81 Mn |
| May 31, 2025 | 481.82 Mn |
| Feb 28, 2025 | 528.71 Mn |
| Nov 30, 2024 | 1.10 Bn |
| Aug 31, 2024 | 1.19 Bn |
| May 31, 2024 | 960.59 Mn |
| Feb 29, 2024 | 719.92 Mn |
| Nov 30, 2023 | 1.37 Bn |
| Aug 31, 2023 | 1.12 Bn |
| May 31, 2023 | 877.74 Mn |
| Feb 28, 2023 | 599.31 Mn |
| Nov 30, 2022 | 1.34 Bn |
| Aug 31, 2022 | 1.47 Bn |
| May 31, 2022 | 1.32 Bn |
| Feb 28, 2022 | 509.32 Mn |
| Nov 30, 2021 | 1.19 Bn |
| Aug 31, 2021 | 1.41 Bn |
API Access
Lennar Net Income API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-income&ticker=LEN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-income", "ticker": "LEN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-income&ticker=LEN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();