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Lennar (LEN) Operating Expenses (2016 - 2026)

Lennar (LEN) has disclosed Operating Expenses for 18 consecutive years, with $6.4 billion as the latest value for Q1 2026.

  • Quarterly Operating Expenses fell 7.68% to $6.4 billion in Q1 2026 from the year-ago period, while the trailing twelve-month figure was $31.0 billion through Feb 2026, down 0.67% year-over-year, with the annual reading at $31.5 billion for FY2025, 2.76% up from the prior year.
  • Operating Expenses hit $6.4 billion in Q1 2026 for Lennar, down from $8.7 billion in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $9.1 billion in Q4 2023 to a low 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.
  • Year by year, Operating Expenses stood at $8.3 billion in 2022, then grew by 9.04% to $9.1 billion in 2023, then fell by 5.49% to $8.6 billion in 2024, then grew by 1.64% to $8.7 billion in 2025, then dropped 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.