Lennar (LEN) Net Income (2010 - 2026)
Lennar's (LEN) quarterly Net Income came in at $413.2 million in Q2 2026, down 14.24% year-over-year from $481.8 million in Q2 2025, and up 36.61% quarter-over-quarter from $302.5 million in Q1 2026.
Analysis
Lennar (LEN) Net Income (2010 - 2026) Analysis & Trends
Lennar has disclosed Net Income across 17 years of filings, most recently posting $413.2 million for Q2 2026.
- In Q2 2026, Net Income fell 14.24% year-over-year to $413.2 million; the TTM figure through May 2026 stood at $2.0 billion (down 39.4% YoY), while the FY2025 annual figure was $2.8 billion, down 29.08% from the prior year.
- Net Income came in at $413.2 million for Q2 2026 at Lennar, up from $302.5 million in the prior quarter.
- In the past five years, Net Income ranged from a high of $1.5 billion in Q3 2022 to a low of $302.5 million in Q1 2026.
- Average Net Income over 5 years is $865.9 million, with a median of $798.8 million recorded in 2023.
- The largest YoY upside for Net Income was 58.05% in 2022 against a maximum downside of 49.92% in 2022.
- Over 5 years, Net Income stood at $1.3 billion in 2022, then increased by 1.74% to $1.4 billion in 2023, then slipped by 19.56% to $1.1 billion in 2024, then slumped by 37.9% to $683.0 million in 2025, then slumped by 39.51% to $413.2 million in 2026.
- Per Business Quant data, the three most recent Net Income figures were $413.2 million in Q2 2026, $302.5 million in Q1 2026, and $683.0 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 38.17 Bn | 36.03 Bn | 2.15 Bn | 918.70 Mn |
| 2 | Pultegroup | 21.99 Bn | 20.62 Bn | 1.06 Bn | 472.00 Mn |
| 3 | Lennar | 18.75 Bn | 16.57 Bn | 7.69 Bn | 413.19 Mn |
| 4 | Nvr | 16.44 Bn | 15.35 Bn | 485.14 Mn | 236.46 Mn |
| 5 | Toll Brothers | 12.40 Bn | 11.34 Bn | 625.22 Mn | 280.15 Mn |
| 6 | Taylor Morrison Home | 6.77 Bn | 6.12 Bn | 290.64 Mn | 100.43 Mn |
| 7 | Meritage Homes | 4.07 Bn | 3.26 Bn | 254.14 Mn | 90.63 Mn |
| 8 | M | 3.57 Bn | 2.83 Bn | 235.50 Mn | 79.06 Mn |
| 9 | Kb Home | 2.95 Bn | 2.88 Bn | 174.03 Mn | 27.35 Mn |
| 10 | Green Brick Partners | 2.91 Bn | 2.78 Bn | 157.52 Mn | 78.78 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 413.19 Mn |
| Feb 28, 2026 | 302.45 Mn |
| Nov 30, 2025 | 683.04 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 |