Lennar (LEN) Net Income (2009 - 2026)

Lennar's (LEN) quarterly Net Income came in at $302.5 million in Q1 2026, down 42.79% year-on-year from $528.7 million in Q1 2025, and down 55.72% quarter-over-quarter from $683.0 million in Q4 2025.

Lennar (LEN) Net Income (2009 - 2026) Analysis & Trends

Lennar has disclosed Net Income across 18 years of filings, most recently posting $302.5 million for Q1 2026.

  • Net Income for Q1 2026 came in at $302.5 million, down 42.79% year-over-year; the trailing twelve-month figure through Feb 2026 was $2.1 billion (down 45.26% YoY), and the FY2025 annual result was $2.8 billion, down 29.08% from the prior year.
  • Net Income came in at $302.5 million for Q1 2026 at Lennar, down from $683.0 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.
  • The 5-year median for Net Income is $877.7 million (2023), against an average of $892.5 million.
  • Peak annual rise in Net Income reached 58.05% in 2022, while the deepest fall reached 49.92% in 2022.
  • Lennar's 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 plunged by 37.9% to $683.0 million in 2025, then plunged by 55.72% to $302.5 million in 2026.
  • The last three Net Income figures came in at $302.5 million (Q1 2026), $683.0 million (Q4 2025), and $599.8 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Income (Qtr)
1 Horton D R 43.54 Bn 42.20 Bn 1.70 Bn 658.00 Mn
2 Pultegroup 23.57 Bn 21.76 Bn 881.27 Mn 347.00 Mn
3 Lennar 22.65 Bn 20.45 Bn 6.36 Bn 302.45 Mn
4 Nvr 17.80 Bn 16.15 Bn 1.31 Bn 198.36 Mn
5 Toll Brothers 13.73 Bn 12.64 Bn 604.89 Mn 260.56 Mn
6 Taylor Morrison Home 6.88 Bn 6.88 Bn 290.64 Mn 100.43 Mn
7 Installed Building Products 5.53 Bn 5.05 Bn 212.30 Mn 34.80 Mn
8 Meritage Homes 4.85 Bn 4.09 Bn -269,000.00 55.31 Mn
9 Cavco Industries 4.56 Bn 4.52 Bn 135.92 Mn 44.07 Mn
10 Champion Homes 4.39 Bn 3.74 Bn 172.19 Mn 55.07 Mn

Historic Data

Download Data
DateValue
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
May 31, 2021 836.77 Mn