Lennar (LEN) Revenue & Revenue Breakdown

Overview ForecastOwnership Financials Chart Transcripts

Lennar Revenue Highlights

Latest Revenue (Y)

$34.19B

Latest Revenue (Q)

$8.05B

Main Segment (Y)

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

Main Geography (Y)

Homebuilding West

Lennar Revenue by Period

Lennar Revenue by Year

Date	Revenue	Change
2025-11-30	$34.19B	-3.64%
2024-11-30	$35.48B	3.47%
2023-11-30	$34.29B	1.72%
2022-11-30	$33.71B	24.20%
2021-11-30	$27.14B	20.82%
2020-11-30	$22.46B	0.93%
2019-11-30	$22.26B	8.21%
2018-11-30	$20.57B	62.59%
2017-11-30	$12.65B	15.53%
2016-11-30	$10.95B	15.65%
2015-11-30	$9.47B	21.94%
2014-11-30	$7.76B	30.64%
2013-11-30	$5.94B	45.48%
2012-11-30	$4.09B	32.22%
2011-11-30	$3.09B	0.54%
2010-11-30	$3.07B	-1.30%
2009-11-30	$3.11B	-31.94%
2008-11-30	$4.58B	-55.08%
2007-11-30	$10.19B	-37.38%
2006-11-30	$16.27B	17.31%
2005-11-30	$13.87B	32.05%
2004-11-30	$10.50B	17.89%
2003-11-30	$8.91B	23.11%
2002-11-30	$7.24B	20.99%
2001-11-30	$5.98B	27.05%
2000-11-30	$4.71B	50.94%
1999-11-30	$3.12B	29.03%
1998-11-30	$2.42B	85.47%
1997-11-30	$1.30B	25.09%
1996-11-30	$1.04B	19.67%
1995-11-30	$870.50M	6.43%
1994-11-30	$817.90M	22.64%
1993-11-30	$666.90M	-

Lennar generated $34.19B in revenue during NA 2025, up -3.64% compared to the previous quarter, and up 152.18% compared to the same period a year ago.

Lennar Revenue by Quarter

Date	Revenue	Change
2026-08-31	$8.05B	1.34%
2026-05-31	$7.94B	19.95%
2026-02-28	$6.62B	-29.34%
2025-11-30	$9.37B	6.33%
2025-08-31	$8.81B	5.17%
2025-05-31	$8.38B	9.77%
2025-02-28	$7.63B	-23.28%
2024-11-30	$9.95B	5.64%
2024-08-31	$9.42B	7.42%
2024-05-31	$8.77B	19.86%
2024-02-29	$7.31B	-33.33%
2023-11-30	$10.97B	25.64%
2023-08-31	$8.73B	8.51%
2023-05-31	$8.05B	23.95%
2023-02-28	$6.49B	-36.21%
2022-11-30	$10.17B	13.88%
2022-08-31	$8.93B	6.89%
2022-05-31	$8.36B	34.74%
2022-02-28	$6.20B	-26.44%
2021-11-30	$8.43B	21.50%
2021-08-31	$6.94B	7.95%
2021-05-31	$6.43B	20.75%
2021-02-28	$5.33B	-21.98%
2020-11-30	$6.83B	16.28%
2020-08-31	$5.87B	11.02%
2020-05-31	$5.29B	17.36%
2020-02-29	$4.51B	-35.38%
2019-11-30	$6.97B	19.03%
2019-08-31	$5.86B	5.29%
2019-05-31	$5.56B	43.82%
2019-02-28	$3.87B	-40.13%
2018-11-30	$6.46B	13.90%
2018-08-31	$5.67B	3.91%
2018-05-31	$5.46B	83.14%
2018-02-28	$2.98B	-21.26%
2017-11-30	$3.79B	16.07%
2017-08-31	$3.26B	-0.01%
2017-05-31	$3.26B	39.55%
2017-02-28	$2.34B	-30.78%
2016-11-30	$3.38B	19.15%
2016-08-31	$2.83B	3.21%
2016-05-31	$2.75B	37.73%
2016-02-29	$1.99B	-32.32%
2015-11-30	$2.95B	18.22%
2015-08-31	$2.49B	4.14%
2015-05-31	$2.39B	45.52%
2015-02-28	$1.64B	-36.37%
2014-11-30	$2.58B	28.30%
2014-08-31	$2.01B	10.74%
2014-05-31	$1.82B	33.43%
2014-02-28	$1.36B	-28.83%
2013-11-30	$1.92B	19.55%
2013-08-31	$1.60B	12.34%
2013-05-31	$1.43B	44.06%
2013-02-28	$989.95M	-26.67%
2012-11-30	$1.35B	22.75%
2012-08-31	$1.10B	18.23%
2012-05-31	$930.15M	28.32%
2012-02-29	$724.86M	-23.91%
2011-11-30	$952.65M	16.15%
2011-08-31	$820.19M	7.29%
2011-05-31	$764.49M	36.99%
2011-02-28	$558.04M	-35.12%
2010-11-30	$860.12M	4.26%
2010-08-31	$824.98M	1.29%
2010-05-31	$814.48M	41.79%
2010-02-28	$574.44M	-37.13%
2009-11-30	$913.74M	26.78%
2009-08-31	$720.73M	-19.19%
2009-05-31	$891.85M	50.38%
2009-02-28	$593.06M	-53.60%
2008-11-30	$1.28B	15.50%
2008-08-31	$1.11B	-1.90%
2008-05-31	$1.13B	6.12%
2008-02-29	$1.06B	-

Lennar generated $8.05B in revenue during Q3 2026, up 1.34% compared to the previous quarter, and up 96.04% compared to the same period a year ago.

Lennar Revenue Breakdown

Lennar Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Nov 25	Nov 24	Nov 23	Nov 22	Nov 21
Lennar Multifamily	$750.01M	$521.46M	$573.66M	-	-
Lennar Homebuilding East, Central, West, Houston, and Other	$32.27B	$33.91B	$32.66B	-	-
Lennar Financial Services	$1.20B	$1.11B	$976.86M	-	-
Lennar - Other	$179.44M	$79.50M	$27.68M	-	-
Homebuilding Texas	-	-	$4.71B	$4.23B	$3.24B
Homebuilding West	-	-	$12.09B	$12.57B	$10.56B
Homebuilding Central	-	-	$6.18B	$5.85B	$4.83B
Homebuilding Other Regions	-	-	$38.82M	$40.14M	$42.69M

Lennar's latest annual revenue breakdown by segment (product or service), as of Nov 25: Lennar Homebuilding East, Central, West, Houston, and Other (93.81%), Lennar Financial Services (3.48%), Lennar Multifamily (2.18%), and Lennar - Other (0.52%).

Quarterly Revenue by Product

Product/Service	Aug 26	May 26	Feb 26	Nov 25	Aug 25	Feb 25	Nov 24	Aug 24	May 24	Feb 24	Nov 23	May 23	Feb 23	Nov 22	Aug 22	May 22	Feb 22	Nov 21	Aug 21	May 21
Lennar Multifamily	$40.87M	$72.79M	$90.43M	$437.84M	$238.79M	$73.38M	$101.88M	$184.71M	$102.20M	$132.67M	$188.40M	-	-	-	-	-	-	-	-	-
Lennar - Other	$48.39M	$43.73M	$43.68M	$110.43M	$45.45M	$23.56M	$26.39M	$17.18M	$26.84M	$9.09M	$9.80M	$4.53M	-	-	-	-	-	-	-	-
Lennar Financial Services	$226.12M	$236.94M	$215.56M	$606.92M	$314.19M	$277.08M	$304.55M	$273.27M	$281.72M	$249.72M	$202.08M	$200.17M	$228.96M	-	-	-	-	-	-	-
Lennar Homebuilding East, Central, West, Houston, and Other	$7.76B	$7.62B	$6.30B	$16.73B	$8.25B	$7.28B	$6.93B	$26.50B	$6.16B	$9.74B	$8.48B	$7.98B	$5.75B	$8.02B	$6.56B	$6.03B	-	-	-	-
Homebuilding Central	-	-	-	-	-	-	-	-	-	$1.40B	$3.72B	$1.41B	$1.05B	$1.88B	$1.58B	$1.28B	$1.11B	$1.27B	$1.10B	-
Homebuilding Other Regions	-	-	-	-	-	-	-	-	-	$9.89M	$21.99M	$11.62M	$5.21M	$8.29M	$8.94M	$13.58M	$9.33M	$8.06M	$9.66M	-
Homebuilding Texas	-	-	-	-	-	-	-	-	-	$1.07B	$2.54B	$1.14B	$1.02B	$1.18B	$1.14B	$1.10B	$812.62M	$827.23M	$799.26M	-
Homebuilding West	-	-	-	-	-	-	-	-	-	$2.53B	$7.10B	$2.78B	$2.21B	$3.84B	$3.21B	$3.37B	$2.15B	$2.78B	$2.55B	-

Lennar's latest quarterly revenue breakdown by segment (product or service), as of Aug 26: Lennar Homebuilding East, Central, West, Houston, and Other (96.09%), Lennar Financial Services (2.80%), Lennar - Other (0.60%), and Lennar Multifamily (0.51%).

Lennar Revenue Breakdown by Country

Annual Revenue by Country

Country	Nov 25	Nov 24	Nov 23	Nov 22	Nov 21
Homebuilding Other Regions	$26.82M	$33.49M	$38.82M	-	-
Homebuilding Central	$7.76B	$7.64B	$6.18B	-	-
Homebuilding East	$6.97B	$8.49B	$9.65B	$9.27B	$6.87B
Homebuilding West	$11.91B	$12.96B	$12.09B	-	-
Homebuilding Texas	-	$4.79B	$4.71B	-	-

Lennar's latest annual revenue breakdown by geography, as of Nov 25: Homebuilding West (44.67%), Homebuilding Central (29.09%), Homebuilding East (26.14%), and Homebuilding Other Regions (0.10%).

Quarterly Revenue by Country

Country	Aug 26	May 26	Feb 26	Nov 25	Aug 25	Feb 25	Nov 24	Aug 24	May 24	Feb 24	Nov 23	May 23	Feb 23	Nov 22	Aug 22	May 22	Feb 22	Aug 21	May 21	Feb 21
Homebuilding Central	$1.95B	$1.66B	$1.35B	$4.12B	$2.08B	$1.56B	$2.39B	$2.14B	$1.71B	$1.40B	$1.05B	-	-	-	-	-	-	-	-	-
Homebuilding West	$2.59B	$2.77B	$2.26B	$6.05B	$2.96B	$2.89B	$3.69B	$3.47B	$3.27B	$2.53B	$2.21B	-	-	-	-	-	-	-	-	-
Homebuilding Other Regions	$3.46M	$4.27M	$6.48M	$12.32M	$6.16M	$8.35M	$7.74M	$6.38M	$9.48M	$9.89M	$5.21M	-	-	-	-	-	-	-	-	-
Homebuilding East	$1.83B	$1.71B	$1.53B	$3.61B	$1.70B	$1.65B	$2.23B	$2.14B	$2.20B	$1.92B	$5.45B	$2.32B	$1.88B	$2.84B	$2.54B	$2.21B	$1.67B	$1.68B	$1.57B	$1.36B
Homebuilding Texas	-	-	-	-	$1.51B	$1.17B	$1.23B	$1.29B	$1.20B	$1.07B	$1.02B	-	-	-	-	-	-	-	-	-
Lennar Homebuilding East, Central, West, Houston, and Other	-	-	-	-	-	-	-	-	-	-	-	-	$6.16B	-	-	-	-	-	-	-

Lennar's latest quarterly revenue breakdown by geography, as of Aug 26: Homebuilding West (40.64%), Homebuilding Central (30.55%), Homebuilding East (28.76%), and Homebuilding Other Regions (0.05%).

Lennar Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
DHI	D.R. Horton	$34.25B	$9.23B
LEN	Lennar	$34.19B	$8.05B
PHM	PulteGroup	$17.31B	$3.97B
TOL	Toll Brothers	$10.97B	$2.66B
NVR	NVR	$10.32B	$2.33B
KBH	KB Home	$6.24B	$1.30B
MTH	Meritage Homes	$5.86B	$1.47B
MHO	M/I Homes	$4.42B	$1.06B
DFH	Dream Finders Homes	$4.32B	$1.06B
HOV	Hovnanian Enterprises	$2.98B	$705.75M
CVCO	Cavco Industries	$2.24B	$609.96M

LEN Revenue FAQ

What is Lennar’s yearly revenue?

Lennar's yearly revenue for 2025 was $34.19B, representing a decrease of -3.64% compared to 2024. The company's yearly revenue for 2024 was $35.48B, representing an increase of 3.47% compared to 2023. LEN's yearly revenue for 2023 was $34.29B, representing an increase of 1.72% compared to 2022.

What is Lennar’s quarterly revenue?

Lennar's quarterly revenue for Q3 2026 was $8.05B, a 1.34% increase from the previous quarter (Q2 2026), and a -8.67% decrease year-over-year (Q3 2025). The company's quarterly revenue for Q2 2026 was $7.94B, a 19.95% increase from the previous quarter (Q1 2026), and a -5.22% decrease year-over-year (Q2 2025). LEN's quarterly revenue for Q1 2026 was $6.62B, a -29.34% decrease from the previous quarter (Q4 2025), and a -13.26% decrease year-over-year (Q1 2025).

What is Lennar’s revenue growth rate?

Lennar's revenue growth rate for the last 3 years (2023-2025) was -0.29%, and for the last 5 years (2021-2025) was 25.96%.

What are Lennar’s revenue streams?

Lennar's revenue streams in v 25 are Lennar Multifamily, Lennar Homebuilding East, Central, West, Houston, and Other, Lennar Financial Services, and Lennar - Other. Lennar Multifamily generated $750.01M in revenue, accounting 2.18% of the company's total revenue, up 43.83% year-over-year. Lennar Homebuilding East, Central, West, Houston, and Other generated $32.27B in revenue, accounting 93.81% of the company's total revenue, down -4.84% year-over-year. Lennar Financial Services generated $1.2B in revenue, accounting 3.48% of the company's total revenue, up 8.02% year-over-year. Lennar - Other generated $179.44M in revenue, accounting 0.52% of the company's total revenue, up 125.73% year-over-year.

What is Lennar’s main source of revenue?

For the fiscal year ending Nov 25, the largest source of revenue of Lennar was Lennar Homebuilding East, Central, West, Houston, and Other. This segment made a revenue of $32.27B, representing 93.81% of the company's total revenue.