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
DateValue
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