LEN Q4 2025 Earnings — Lennar Corporation Revenue & Financial Results | Market Cap Arena

LENLennar Corporation

$26B

Q4 2025 Earnings

Consumer Cyclical Residential Construction

Income Statement

Revenue

$9.4B-6.5% YoY

Gross Profit

$1.5B16.3% margin

Operating Income

$667M7.1% margin

Net Income

$490M5.2% margin

EPS (Diluted)

$1.93

QoQ Revenue Growth

+6.5%

Cash Flow

Operating Cash Flow

$1.8B

Free Cash Flow

$1.7B

Stock-Based Comp.

$25M

Balance Sheet

Total Assets

$34.4B

Total Liabilities

$12.3B

Stockholders' Equity

$22.0B

Cash & Equivalents

$3.8B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$9.4B	$10.0B	-6.5%
Gross Profit	$1.5B	$2.3B	-33.9%
Operating Income	$667M	$1.4B	-53.5%
Net Income	$490M	$1.1B	-55.3%

Revenue Segments

Lennar Homebuilding East, Central, West, Houston, and Other

$16.7B94%

Lennar Financial Services

$607M3%

Lennar Multifamily

$438M2%

Lennar - Other

$110M1%

Geographic Segments

Homebuilding West

$6.1B44%

Homebuilding Central

$4.1B30%

Homebuilding East

$3.6B26%

Homebuilding Other Regions

$12M0%