Lennar LEN
NYSE LEN
$80.78 +0.41 (+0.51%)
As of: Sep 9, 2026 · 3:59 PM EDT

Lennar (LEN) Operating Income (2010 - 2026)

Lennar's (LEN) quarterly Operating Income came in at $145.9 million in Q2 2026, down 28.08% year-over-year from $202.9 million in Q2 2025, and up 446.23% quarter-over-quarter from -$42.2 million in Q1 2026.

Analysis

Lennar (LEN) Operating Income (2010 - 2026) Analysis & Trends

Lennar has disclosed Operating Income across 17 years of filings, most recently posting $145.9 million for Q2 2026.

  • In Q2 2026, Operating Income fell 28.08% year-over-year to $145.9 million; the TTM figure through May 2026 stood at $13.6 billion (down 10.8% YoY), while the FY2025 annual figure was $1.2 billion, down 68.31% from the prior year.
  • Operating Income came in at $145.9 million for Q2 2026 at Lennar, up from -$42.2 million in the prior quarter.
  • In the past five years, Operating Income ranged from a high of $20.9 billion in Q4 2024 to a low of -$6.8 billion in Q3 2025.
  • Average Operating Income over 5 years is $550.9 million, with a median of -$4.0 billion recorded in 2022.
  • The largest YoY upside for Operating Income was 419.33% in 2023 against a maximum downside of 378.99% in 2023.
  • Over 5 years, Operating Income stood at -$6.1 billion in 2022, then jumped by 419.33% to $19.4 billion in 2023, then increased by 7.91% to $20.9 billion in 2024, then fell by 2.94% to $20.3 billion in 2025, then slumped by 99.28% to $145.9 million in 2026.
  • Per Business Quant data, the three most recent Operating Income figures were $145.9 million in Q2 2026, -$42.2 million in Q1 2026, and $20.3 billion in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Horton D R 39.14 Bn 37.01 Bn 2.15 Bn 1.16 Bn
2 Pultegroup 22.45 Bn 21.07 Bn 1.06 Bn 675.23 Mn
3 Lennar 19.43 Bn 17.25 Bn 7.69 Bn 145.95 Mn
4 Nvr 16.68 Bn 15.59 Bn 485.14 Mn 334.42 Mn
5 Toll Brothers 12.67 Bn 11.61 Bn 625.22 Mn 359.15 Mn
6 Taylor Morrison Home 6.77 Bn 6.12 Bn 290.64 Mn 141.79 Mn
7 Meritage Homes 4.20 Bn 3.39 Bn 254.14 Mn 109.95 Mn
8 M 3.64 Bn 2.91 Bn 235.50 Mn -723.20 Mn
9 Kb Home 3.06 Bn 3.00 Bn 174.03 Mn -36.76 Mn
10 Green Brick Partners 2.95 Bn 2.82 Bn 157.52 Mn 103.12 Mn
Historic Data

Historic Data

Download Data
DateValue
May 31, 2026 145.95 Mn
Feb 28, 2026 -42.15 Mn
Nov 30, 2025 20.31 Bn
Aug 31, 2025 -6.80 Bn
May 31, 2025 202.93 Mn
Feb 28, 2025 465.31 Mn
Nov 30, 2024 20.93 Bn
Aug 31, 2024 -6.33 Bn
May 31, 2024 -5.89 Bn
Feb 29, 2024 -5.08 Bn
Nov 30, 2023 19.39 Bn
Aug 31, 2023 -5.39 Bn
May 31, 2023 -5.25 Bn
Feb 28, 2023 -4.46 Bn
Nov 30, 2022 -6.07 Bn
Aug 31, 2022 -4.55 Bn
May 31, 2022 1.88 Bn
Feb 28, 2022 -3.56 Bn
Nov 30, 2021 -4.49 Bn
Aug 31, 2021 -3.90 Bn