Every 10-Q that Lennar Corporation (LEN) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow LEN and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full LEN filings page.
Lennar Corporation (LEN) reported third-quarter revenue of $8.046 billion for the three months ended August 31, 2026, compared with $8.810 billion a year earlier. Net earnings attributable to Lennar were $283.9 million, versus $591.0 million, and diluted earnings per share were $1.19 versus $2.29. Homebuilding revenue was $7.759 billion, compared with $8.254 billion.
Net earnings included $53.3 million of mark-to-market losses on publicly traded technology investments, versus $99.2 million of gains in the prior-year quarter. For the nine months ended August 31, 2026, net cash used in operating activities was $822.2 million, compared with $1.543 billion in the prior-year period. Lennar repurchased 8,807,004 Class A shares for $833.747 million and 1,192,996 Class B shares for $106.555 million during those nine months; $751 million in repurchase authorization remained as of August 31, 2026. The board declared a $0.50-per-share quarterly dividend, payable October 22, 2026, to holders of record October 7, 2026.
Lennar Corporation reported lower results for the quarter and six months ended May 31, 2026. Quarterly revenues were $7.94 billion, down from $8.38 billion a year earlier, as Financial Services and Multifamily revenues declined. Net earnings attributable to Lennar fell to $304.8 million from $477.4 million, with basic and diluted EPS of $1.24 versus $1.81. For the first half of fiscal 2026, revenues were $14.56 billion and net earnings attributable to Lennar were $534.2 million, both below the prior-year period, partly reflecting smaller gains and higher losses in technology investments.
The balance sheet remained strong, with total assets of $33.70 billion and total liabilities of $11.94 billion. Lennar continued returning capital through share repurchases and dividends while using cash to expand inventories and land positions.
Lennar Corporation reported weaker results for the quarter ended February 28, 2026. Total revenues were $6.62 billion, down from $7.63 billion a year earlier, mainly from lower Homebuilding revenue. Net earnings attributable to Lennar fell to $229.4 million from $519.5 million, and basic and diluted EPS declined to $0.93 from $1.96. Homebuilding still generated most revenue at $6.30 billion, while Financial Services, Multifamily and Lennar Other together contributed about $321 million. The company used $433.5 million of cash in operating activities, repurchased ~2.0 million shares for $237.1 million, and paid $123.5 million in dividends, ending the quarter with $2.39 billion in cash and restricted cash and total equity of $22.0 billion.
Lennar Corporation filed its quarterly report for the period ended August 31, 2025. Total revenue was $8.81 billion, down from $9.42 billion a year ago, and net earnings attributable to Lennar were $590.97 million versus $1.16 billion. Diluted EPS was $2.29 compared to $4.26.
For the nine months, revenue was $24.82 billion versus $25.49 billion, with net earnings of $1.59 billion versus $2.84 billion and EPS of $6.06 versus $10.26. Operating cash flow was a use of $1.54 billion, reflecting higher investment in inventories and land deposits, while the company repurchased $1.81 billion of common stock, issued $700 million of senior notes, redeemed $500 million, and drew $1.14 billion on its revolver.
Lennar completed the spin-off of Millrose Properties, Inc., contributing $5.6 billion of land assets (about 87,000 homesites) and $1.0 billion in cash; Lennar temporarily retains 20% of Millrose, carried at $1.2 billion. The company also acquired Rausch Coleman Homes, adding $312.6 million of assets and $73.0 million of liabilities, expanding its South Central footprint. At quarter-end, total assets were $34.88 billion (from $41.31 billion), and cash and cash equivalents in Homebuilding were $1.41 billion. Common stock outstanding as of August 31, 2025: Class A 223,803,530; Class B 31,217,013.