SEC filing · 10-Q

Lennar Corp: Quarterly report

Lennar reported lower third quarter 2026 net earnings and revenues as higher mortgage rates and land costs weighed on margins despite improved construction cycle times.

Filed October 2, 2026 · period ended August 31, 2026

Mixed for the company

What the numbers say

Revenue fell 8.7% to $8B versus the same quarter last year (1.3% up on the previous quarter); diluted EPS $1.19 versus $2.29; cash fell by $674.9M to $1.5B; diluted share count down 7% (buybacks).

Compared with the same period a year earlier, from the figures Lennar Corp reported to the SEC.

What happened

Third quarter net earnings attributable to Lennar decreased to $283.9 million, or $1.19 per diluted share, from $591.0 million in the prior year period.

The full interpretation is in the app

Why it matters, the key numbers from the document and what to watch next: the full interpretation of every report is part of Pro.

Read the full interpretation

Read the original

Filing document on SEC.gov All documents of this filing

Back to Lennar Corp

Summary generated automatically from the filing text and checked against it: every number above is printed in the document. It describes the filing and is not investment advice. Read the original before relying on it.