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Lennar (LEN) Operating Expenses (2016 - 2026)

Lennar's Operating Expenses history spans 18 years, with the latest figure at $6.4 billion for Q1 2026.

  • On a quarterly basis, Operating Expenses fell 7.68% to $6.4 billion in Q1 2026 year-over-year; TTM through Feb 2026 was $31.0 billion, a 0.67% decrease, with the full-year FY2025 number at $31.5 billion, up 2.76% from a year prior.
  • Operating Expenses hit $6.4 billion in Q1 2026 for Lennar, down from $8.7 billion in the prior quarter.
  • Over the last five years, Operating Expenses for LEN hit a ceiling of $9.1 billion in Q4 2023 and a floor of $5.1 billion in Q1 2022.
  • Historically, Operating Expenses has averaged $7.3 billion across 5 years, with a median of $7.3 billion in 2023.
  • Biggest five-year swings in Operating Expenses: increased 24.73% in 2022 and later decreased 7.68% in 2026.
  • Tracing LEN's Operating Expenses over 5 years: stood at $8.3 billion in 2022, then rose by 9.04% to $9.1 billion in 2023, then decreased by 5.49% to $8.6 billion in 2024, then rose by 1.64% to $8.7 billion in 2025, then fell by 26.6% to $6.4 billion in 2026.
  • Business Quant data shows Operating Expenses for LEN at $6.4 billion in Q1 2026, $8.7 billion in Q4 2025, and $8.1 billion in Q3 2025.