Lennar Corporation (LEN) Revenue by Segment

Lennar revenue by segment at a glance

In Q3 fiscal 2026 (the quarter ended August 31, 2026), Lennar's largest business segment was Lennar Homebuilding East, Central, West, Houston, and Other, with $7.76 billion or 96% of revenue, down 6.0% from a year earlier. Next: Lennar Financial Services (3%), Lennar Multifamily (under 1%) and Lennar - Other (under 1%).

By product or service, Real Estate, Other brought in 96%, Other Revenue brought in 4% and Land brought in under 1% of revenue in Q3 fiscal 2026.

From company filings, in USD; latest quarter ended August 31, 2026; quarterly data from Q3 fiscal 2017.

Lennar Corporation

LENDiscretionary Consumer Products

United States

Discretionary Consumer Products

Revenue breakdown

Fiscal quarters, from company filings

Segments by quarter (USD)

Click a bar to see that period below. Striped bars are calculated fourth quarters; an empty slot means it could not be calculated on the same basis i

Lennar Homebuilding East, Central, West, Houston, and OtherLennar Financial ServicesLennar MultifamilyHomebuilding TexasReconciling itemsLennar - OtherRialto InvestmentsOther OperatingOther

Q3 FY26 breakdown

Fiscal quarter ended Aug 31, 2026

Item	Revenue	Share	vs year before
Lennar Homebuilding East, Central, West, Houston, and Other	USD 7.76B	96.4%	-6.0%
Lennar Financial Services	USD 226.12M	2.8%	-28.0%
Lennar Multifamily	USD 38.48M	0.5%	-83.2%
Lennar - Other	USD 22.03M	0.3%	+58.0%

Sum of items USD 8.05B. Shares are of the items shown. Click an item with › to see its parts.

Also reported by:

All periods

Every item and period in one grid. Purple = calculated; "–" = not available.

Item	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24	Q1 FY24	Q4 FY23	Q3 FY23	Q2 FY23	Q1 FY23	Q4 FY22	Q3 FY22	Q2 FY22	Q1 FY22	Q4 FY21	Q3 FY21	Q2 FY21	Q1 FY21	Q4 FY20	Q3 FY20	Q2 FY20	Q1 FY20	Q4 FY19	Q3 FY19	Q2 FY19	Q1 FY19	Q4 FY18	Q3 FY18	Q2 FY18	Q1 FY18	Q4 FY17	Q3 FY17
Lennar Homebuilding East, Central, West, Houston, and Other	7.8B	7.6B	6.3B	8.9B	8.3B	7.8B	7.3B	9.5B	9.0B	8.4B	6.9B	10.5B	8.3B	7.7B	6.2B	9.7B	8.5B	8.0B	5.8B	–	6.6B	6.0B	4.9B	–	5.5B	4.9B	4.2B	–	5.4B	5.2B	3.6B	6.1B	5.3B	5.1B	2.7B	–	2.9B
Lennar Financial Services	226.1M	236.9M	215.6M	308.8M	314.2M	298.1M	277.1M	304.6M	273.3M	281.7M	249.7M	304.7M	266.2M	223.0M	183.0M	230.7M	202.1M	200.2M	176.7M	–	207.0M	218.7M	244.1M	–	237.1M	196.3M	198.7M	–	224.5M	204.2M	143.3M	228.3M	258.2M	249.7M	196.1M	–	215.1M
Lennar Multifamily	38.5M	63.6M	82.5M	158.7M	228.5M	230.3M	63.2M	88.9M	93.4M	99.5M	129.7M	140.8M	137.4M	151.7M	143.5M	179.2M	243.1M	176.0M	267.4M	–	167.9M	177.5M	131.4M	–	115.2M	123.1M	132.6M	–	184.0M	147.4M	97.4M	109.1M	101.1M	117.7M	93.3M	–	103.4M
Homebuilding Texas	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	729.1M	700.8M	356.1M	–	–
Reconciling items	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	10.5M	–	203.0M
Lennar - Other	22.0M	23.1M	22.9M	14.8M	13.9M	5.2M	7.4M	4.7M	3.6M	3.3M	2.5M	6.6M	7.4M	411.0K	7.6M	22.8M	9.8M	4.5M	7.3M	–	8.0M	6.0M	6.9M	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Rialto Investments	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	56.0M	–	–	–	–	57.8M
Other Operating	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	27.6M	27.7M	29.4M	–	–
All other segments	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	12.9M	18.5M	1.9M	–	9.6M	15.7M	3.7M	–	–	–	–	–	–

Lennar revenue by business segment, last 4 quarters

Business segment	Q3 FY26	Q2 FY26	Q1 FY26	Q3 FY25	Share
Lennar Homebuilding East, Central, West, Houston, and Other	$7.8B	$7.6B	$6.3B	$8.3B	96%
Lennar Financial Services	$226.1M	$236.9M	$215.6M	$314.2M	3%
Lennar Multifamily	$38.5M	$63.6M	$82.5M	$228.5M	under 1%
Lennar - Other	$22.0M	$23.1M	$22.9M	$13.9M	under 1%

In USD, fiscal quarters as reported; share = part of Q3 FY26 revenue.

Lennar revenue by product or service, last 4 quarters

Product or service	Q3 FY26	Q2 FY26	Q1 FY26	Q3 FY25	Share
Real Estate, Other	$7.7B	$7.6B	$6.3B	$8.2B	96%
Other Revenue	$294.1M	$332.4M	$331.4M	$566.2M	4%
Land	$18.4M	$12.4M	$15.2M	$30.5M	under 1%

In USD, fiscal quarters as reported; share = part of Q3 FY26 revenue.

Questions and answers

What are Lennar's business segments?

Lennar Homebuilding East, Central, West, Houston, and Other, Lennar Financial Services, Lennar Multifamily and Lennar - Other (as reported for Q3 fiscal 2026).

Which business segment makes the most money for Lennar?

Lennar Homebuilding East, Central, West, Houston, and Other: $7.76 billion, or 96% of revenue, in Q3 fiscal 2026.

What are Lennar's main products and services?

By revenue in Q3 fiscal 2026: Real Estate, Other (96%), Other Revenue (4%) and Land (under 1%).

MoreLennar stock overview Lennar financials Lennar executive team Lennar shareholders

Disclaimer: This analysis is for informational and educational purposes only and does not constitute financial, investment, tax, or legal advice. Data may be incomplete, delayed, or contain inaccuracies. Consult with a qualified financial advisor before making any investment decisions.