Companies / LEN

Lennar Corp (LEN) financials and KPIs

Lennar Corp reported revenue of $34.19B for fiscal 2025, down 3.5% from fiscal 2024. Net income was $2.11B and free cash flow was $28.18M.

Annual results

Fiscal year20212022202320242025
Revenue$27.13B$33.67B$34.23B$35.44B$34.19B
Net income$4.46B$4.65B$3.96B$3.97B$2.11B
Cash from operations$2.53B$3.27B$5.18B$2.40B$216.81M
Free cash flow$2.47B$3.21B$5.08B$2.23B$28.18M

Quarterly results

Fiscal quarterQ3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026
Net income$1.19B$1.10B$528,713$481,820$599,811$497,960$233.36M$308.13M
Diluted EPS$4.26$4.06$1.96$1.81$2.29$1.93$0.93$1.24

Operating KPIs

As Lennar Corp reports them, quarter by quarter.

Fiscal quarterQ3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026
Backlog dollar value$7.75B$5.37B$5.80B$6.50B$6.65B$5.24B$6.00B$6.60B
Deliveries growth16%-7%6%2%—4%-5%2%
Home deliveries growth16%-7%6%2%—4%-5%2%

Sources

Figures come from Lennar Corp's SEC filings, by fiscal year and fiscal quarter as the company defines them. A dash means we hold no figure for that period that passed our checks. Some fourth quarters are the full year less the first nine months. Free cash flow is cash from operations less capital expenditures. Data as of 31 October 2026. This is not investment advice.

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