Lennar Corporation financials
Key figures from Lennar Corporation's filings with the U.S. Securities and Exchange Commission: the latest quarter against a year earlier, and the trend across recent quarters and fiscal years.
Latest quarter vs a year earlier
| Metric | May 2026 | May 2025 | Change |
|---|---|---|---|
| Revenue | $7.9B | $8.4B | -5.2% |
| Net income | $305M | $477M | -36.2% |
| Free cash flow | -$303M | -$1.1B | +72.7% |
| Gross margin | — | — | — |
| Operating margin | — | — | — |
| Net margin | 3.8% | 5.7% | -1.9 pts |
Quarterly trend
Fiscal years
| Fiscal year | Revenue | Net income | Net margin | Free cash flow | EPS (diluted) |
|---|---|---|---|---|---|
| FY Nov 2025 | $34.2B | $2.1B | 6.1% | $28M | — |
| FY Nov 2024 | $35.4B | $3.9B | 11.1% | $2.2B | $14.31 |
| FY Nov 2023 | $34.2B | $3.9B | 11.5% | $5.1B | $13.73 |
| FY Nov 2022 | $33.7B | $4.6B | 13.7% | $3.2B | $15.72 |
| FY Nov 2021 | $27.1B | $4.4B | 16.3% | $2.5B | $14.27 |
* Fiscal fourth quarter computed from the annual filing minus the three reported quarters. All figures from company filings with the SEC.