Lennar (LEN) Operating Income (2010 - 2026)
Lennar (LEN) reported Operating Income of $145.9 million for Q2 2026, down 28.08% on a YoY basis from $202.9 million in Q2 2025, and up 446.23% sequentially from -$42.2 million in Q1 2026.
Lennar (LEN) Operating Income (2010 - 2026) Analysis & Trends
Lennar (LEN) has 17 years of Operating Income data on file, last reported at $145.9 million in Q2 2026.
- For the quarter ending Q2 2026, Operating Income fell 28.08% year-over-year to $145.9 million; the trailing twelve-month figure through May 2026 stood at $104.1 million (up 102.08% YoY), and the FY2025 full-year result was $1.2 billion, down 68.31% from the prior year.
- Operating Income grew to $145.9 million in Q2 2026, from -$42.2 million in the prior quarter.
- In the past five years, Operating Income ranged from a high of $1.7 billion in Q3 2022 to a low of -$6.3 billion in Q3 2024.
- A 5-year average of -$1.1 billion and a median of $331.9 million in 2025 frame the typical range for Operating Income.
- Across the five-year window, Operating Income surged 2291.78% in 2022 and slumped 596.42% in 2024, its largest moves.
- Tracing LEN's Operating Income over 5 years: stood at -$6.1 billion in 2022, then soared by 113.79% to $837.4 million in 2023, then dropped by 22.33% to $650.5 million in 2024, then sank by 170.8% to -$460.5 million in 2025, then soared by 131.69% to $145.9 million in 2026.
- Business Quant data shows LEN's Operating Income at $145.9 million in Q2 2026, -$42.2 million in Q1 2026, and -$460.5 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 40.90 Bn | 39.56 Bn | 2.15 Bn | 1.16 Bn |
| 2 | Pultegroup | 23.36 Bn | 22.03 Bn | 3.92 Bn | 3.54 Bn |
| 3 | Lennar | 19.77 Bn | 19.63 Bn | 7.69 Bn | 145.95 Mn |
| 4 | Nvr | 17.18 Bn | 15.54 Bn | 1.31 Bn | 1.15 Bn |
| 5 | Toll Brothers | 15.08 Bn | 13.99 Bn | 604.89 Mn | 346.64 Mn |
| 6 | Taylor Morrison Home | 6.96 Bn | 6.31 Bn | 290.64 Mn | 141.79 Mn |
| 7 | Installed Building Products | 5.97 Bn | 5.50 Bn | 212.30 Mn | 57.60 Mn |
| 8 | Meritage Homes | 4.78 Bn | 4.01 Bn | 68.61 Mn | -62.27 Mn |
| 9 | Champion Homes | 4.47 Bn | 3.81 Bn | 172.19 Mn | 62.47 Mn |
| 10 | M | 4.43 Bn | 3.66 Bn | 202.59 Mn | -628.95 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| May 31, 2026 | 145.95 Mn |
| Feb 28, 2026 | -42.15 Mn |
| Nov 30, 2025 | -460.53 Mn |
| Aug 31, 2025 | 460.82 Mn |
| May 31, 2025 | 202.93 Mn |
| Feb 28, 2025 | 465.31 Mn |
| Nov 30, 2024 | 650.45 Mn |
| Aug 31, 2024 | -6.33 Bn |
| May 31, 2024 | -5.89 Bn |
| Feb 29, 2024 | 782.67 Mn |
| Nov 30, 2023 | 837.42 Mn |
| Aug 31, 2023 | -5.39 Bn |
| May 31, 2023 | 1.19 Bn |
| Feb 28, 2023 | 809.80 Mn |
| Nov 30, 2022 | -6.07 Bn |
| Aug 31, 2022 | 1.73 Bn |
| May 31, 2022 | 553.82 Mn |
| Feb 28, 2022 | -3.24 Bn |
| Nov 30, 2021 | 34.65 Bn |
| Aug 31, 2021 | 770.15 Mn |