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U.S. COMPANY FILING

LENNAR CORP /NEW/ — Form 10-Q filed 2026-04-09

Filed: 2026-04-09Company: LENNAR CORP /NEW/Ticker: LENExchange: NYSEForm: 10-QReport period: 2026-02-28SEC accession: 0001628280-26-024352Event: earningsMateriality: 85

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Lennar Corp reported Q1 FY2026 (ended Feb 28, 2026) total revenues of $6.62 billion, down 13.3% YoY. Net earnings attributable to Lennar were $229.4 million, down 55.8% from $519.5 million. Diluted EPS was $0.93 vs $1.96. Operating cash flow was -$433.5 million. The company repurchased $269.7 million of stock and paid $123.5 million in dividends. Homebuilding revenues declined, while Multifamily and Lennar Other segments grew. Cash and restricted cash decreased by $1.44 billion.

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