Revenue
$7.94B
Fiscal year ended 2026-05-31Operating income
Unavailable
Fiscal year ended 2026-05-31Free cash flow
-$303.24M
Fiscal year ended 2026-05-31LENNAR CORP /NEW/ (LEN) reported revenue of $7.94B and net income of $304.77M for the fiscal year ended 2026-05-31. This page shows 10 annual periods of income statement, balance sheet and cash flow figures normalized from LENNAR CORP /NEW/’s SEC filings, each linked to the filing it came from. It is classified by the SEC under General Bldg Contractors - Residential Bldgs.
Income
| Metric | 2026-05-31 | 2026-02-28 | 2025-11-30 | 2025-08-31 | 2025-05-31 | 2025-02-28 | 2024-11-30 | 2024-08-31 | 2024-05-31 | 2024-02-29 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $7.94B | $6.62B | $9.37B | $8.81B | $8.38B | $7.63B | $9.95B | $9.42B | $8.77B | $7.31B |
| Cost of revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Gross profit | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Operating income | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Net income | $304.77M | $229.38M | $490.24M | $590.97M | $477.45M | $519.53M | $1.10B | $1.16B | $954.31M | $719.33M |
| Research & development | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Weighted-average diluted shares | shares 240.78M | shares 244.44M | Unavailable | shares 255.60M | shares 260.29M | shares 262.73M | Unavailable | shares 270.16M | shares 273.70M | shares 276.95M |
| Pretax income | $413.19M | $302.45M | $683.04M | $790.70M | $641.88M | $698.24M | $1.46B | $1.54B | $1.26B | $930.79M |
| Income tax expense | $105.06M | $69.09M | $185.08M | $190.89M | $160.06M | $169.52M | $358.06M | $347.86M | $300.47M | $210.86M |
| Diluted EPS | $1.24 | $0.93 | Unavailable | $2.29 | $1.81 | $1.96 | Unavailable | $4.26 | $3.45 | $2.57 |
| Selling, general & administrative | $698.40M | $617.50M | Unavailable | Unavailable | $688.85M | $615.74M | Unavailable | Unavailable | Unavailable | Unavailable |
| General & administrative | $136.15M | $157.64M | $162.09M | $171.40M | $155.85M | $147.38M | $170.01M | $164.67M | $156.98M | $157.32M |
| Selling & marketing | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Balance
| Metric | 2026-05-31 | 2026-02-28 | 2025-11-30 | 2025-08-31 | 2025-05-31 | 2025-02-28 | 2024-11-30 | 2024-08-31 | 2024-05-31 | 2024-02-29 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | Unavailable | Unavailable | $3.76B | Unavailable | Unavailable | Unavailable | $4.91B | Unavailable | Unavailable | Unavailable |
| Total assets | $33.70B | $33.21B | $34.43B | $34.88B | $34.37B | $34.99B | $41.31B | $39.74B | $38.67B | $38.95B |
| Current assets | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Total liabilities | $11.94B | $11.18B | $12.29B | $12.13B | $11.64B | $12.12B | $13.29B | $12.18B | $11.65B | $12.17B |
| Current liabilities | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Total equity incl. NCI | $21.77B | $22.03B | $22.14B | $22.75B | $22.73B | $22.87B | $28.02B | $27.56B | $27.02B | $26.78B |
| Temporary (mezzanine) equity | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Inventory | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Accounts receivable | Unavailable | Unavailable | $1.47B | Unavailable | Unavailable | Unavailable | $1.65B | Unavailable | Unavailable | Unavailable |
| Goodwill | Unavailable | Unavailable | $3.63B | Unavailable | Unavailable | Unavailable | $3.63B | Unavailable | Unavailable | Unavailable |
| Long-term debt | Unavailable | Unavailable | $5.87B | Unavailable | Unavailable | Unavailable | $4.19B | Unavailable | Unavailable | Unavailable |
| Accounts payable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Cash flow
| Metric | 2026-05-31 | 2026-02-28 | 2025-11-30 | 2025-08-31 | 2025-05-31 | 2025-02-28 | 2024-11-30 | 2024-08-31 | 2024-05-31 | 2024-02-29 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$284.38M | -$433.50M | $1.76B | -$158.61M | -$1.10B | -$289.04M | $974.50M | $819.25M | $241.76M | $367.87M |
| Capital expenditures | $18.86M | $29.99M | $85.20M | $32.16M | $15.22M | $56.04M | $41.36M | $18.40M | $38.81M | $72.92M |
| Investing cash flow | -$15.92M | $93.36M | $45.93M | -$7.25M | $161.39M | $21.49M | -$125.73M | $97.96M | -$126.87M | -$147.92M |
| Financing cash flow | $79.27M | -$1.10B | $268.32M | $443.84M | -$175.37M | -$2.13B | -$169.71M | -$527.45M | -$1.45B | -$1.53B |
| Net change in cash | -$221.03M | -$1.44B | $2.07B | $277.98M | -$1.11B | -$2.40B | $679.07M | $389.76M | -$1.34B | -$1.31B |
| Stock-based compensation | $26.27M | $62.38M | $25.13M | $25.50M | $28.77M | $84.08M | $22.58M | $31.91M | $34.51M | $87.68M |
| Common dividends paid | $123.06M | $123.48M | $126.60M | $129.12M | $133.59M | $131.65M | $134.66M | $135.85M | $138.93M | $139.39M |
| Common share repurchases | $467.09M | $269.71M | $57.00K | $512.42M | $521.42M | $774.48M | $527.16M | $524.60M | $609.61M | $595.10M |
| Depreciation & amortization | $35.32M | $33.39M | $34.98M | $34.17M | $33.82M | $31.33M | $30.41M | $29.37M | $28.61M | $27.14M |
Derived
| Metric | 2026-05-31 | 2026-02-28 | 2025-11-30 | 2025-08-31 | 2025-05-31 | 2025-02-28 | 2024-11-30 | 2024-08-31 | 2024-05-31 | 2024-02-29 |
|---|---|---|---|---|---|---|---|---|---|---|
| Free cash flow | -$303.24M | -$463.49M | $1.67B | -$190.78M | -$1.11B | -$345.08M | $933.14M | $800.84M | $202.95M | $294.94M |
| Gross margin | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Operating margin | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| FCF margin | -3.8% | -7.0% | 17.9% | -2.2% | -13.3% | -4.5% | 9.4% | 8.5% | 2.3% | 4.0% |
| SBC / revenue | 0.3% | 0.9% | 0.3% | 0.3% | 0.3% | 1.1% | 0.2% | 0.3% | 0.4% | 1.2% |
| Current ratio | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Revenue YoY growth | -5.2% | -13.3% | -5.8% | -6.4% | -4.4% | 4.4% | -9.3% | 7.9% | 9.0% | 12.7% |
| Net margin | 3.8% | 3.5% | 5.2% | 6.7% | 5.7% | 6.8% | 11.0% | 12.3% | 10.9% | 9.8% |
| R&D / revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| CapEx / revenue | 0.2% | 0.5% | 0.9% | 0.4% | 0.2% | 0.7% | 0.4% | 0.2% | 0.4% | 1.0% |
| Long-term debt / equity | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Effective tax rate | 25.4% | 22.8% | 27.1% | 24.1% | 24.9% | 24.3% | 24.6% | 22.7% | 23.8% | 22.7% |
Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open LEN in the interactive workspace to inspect any figure back to its filing.
Source filings
10-Q · Filed 2026-06-29View SEC filing
10-Q · Filed 2026-04-09View SEC filing
10-K · Filed 2026-01-28View SEC filing
10-Q · Filed 2025-10-03View SEC filing
10-Q · Filed 2025-07-01View SEC filing
10-Q · Filed 2025-04-04View SEC filing
Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.