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Lennar (LEN) Operating Expenses (2016 - 2025)

Lennar's Operating Expenses history spans 15 years, with the latest figure at $162.1 million for Q4 2025.

  • For Q4 2025, Operating Expenses fell 98.11% year-over-year to $162.1 million; the TTM value through Nov 2025 reached $23.0 billion, down 25.15%, while the annual FY2025 figure was $636.7 million, 97.92% down from the prior year.
  • Operating Expenses for Q4 2025 was $162.1 million at Lennar, down from $8.1 billion in the prior quarter.
  • Across five years, Operating Expenses topped out at $9.1 billion in Q4 2023 and bottomed at $162.1 million in Q4 2025.
  • The 5-year median for Operating Expenses is $6.9 billion (2023), against an average of $6.6 billion.
  • The largest annual shift saw Operating Expenses grew 24.73% in 2022 before it crashed 98.11% in 2025.
  • A 5-year view of Operating Expenses shows it stood at $6.7 billion in 2021, then increased by 24.73% to $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 plummeted by 98.11% to $162.1 million in 2025.
  • Per Business Quant, the three most recent readings for LEN's Operating Expenses are $162.1 million (Q4 2025), $8.1 billion (Q3 2025), and $7.7 billion (Q2 2025).