LEN · Lennar Corp /New/ · Earnings Call Transcripts & Audio
Market Cap
$18.41B
Shares
240.90M
Lennar Corp /New/ Earnings Call Transcripts
Quarterly earnings calls for Lennar Corp /New/ (LEN), with available speaker-labelled transcripts, captured audio replays, call highlights, 8-K earnings releases and periodic filings. Investor days and conferences appear here too.
Revenue & result across quarters
Revenue Net income YoY up YoY down artefacts
▲20.6%
$10.17B
$1.32B
'22 Q4
22-12-14
▲4.6%
$6.49B
$596.53M
'23 Q1
23-03-14
▼3.8%
$8.05B
$871.69M
'23 Q2
23-06-14
▼2.3%
$8.73B
$1.11B
'23 Q3
23-09-14
▲7.8%
$10.97B
$1.36B
'23 Q4
23-12-14
▲12.7%
$7.31B
$719.33M
'24 Q1
24-03-13
▲9%
$8.77B
$954.31M
'24 Q2
24-06-17
▲7.9%
$9.42B
$1.16B
'24 Q3
24-09-19
▼9.3%
$9.95B
$1.10B
'24 Q4
24-12-18
▲4.4%
$7.63B
$519.53M
'25 Q1
25-03-20
▼4.4%
$8.38B
$477.45M
'25 Q2
25-06-17
▼6.4%
$8.81B
$590.97M
'25 Q3
25-09-19
▼5.8%
$9.37B
$490.24M
'25 Q4
25-12-16
▼13.3%
$6.62B
$229.38M
'26 Q1
26-03-13
LATEST
▼5.2%
$7.94B
$304.77M
'26 Q2
26-06-12
Earnings call
FY26 · Q3
2026-09-17
Lennar Corp /New/ (LEN) Q3 2026 Earnings Call Transcript
Cautious tone
Interest rates and affordability
Operational execution and cycle time
Land-light strategy and land cost headwind
Results not yet reported
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY26 · Q2
2026-06-12
Lennar Corp /New/ (LEN) Q2 2026 Earnings Call Transcript
Positive tone
Asset-light transformation and land bank WAC
Sales incentives and margin recovery
Mortgage rates and affordability
Revenue
$7.94B
▼ 5.2% YoY
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY26 · Q1
2026-03-13
Lennar Corp /New/ (LEN) Q1 2026 Earnings Call Transcript
Positive tone
Affordability and Housing Market Headwinds
Asset-Light Land-Light Manufacturing Platform
Cost Management and Trade Partners
Revenue
$6.62B
▼ 13.3% YoY
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY25 · Q4
2025-12-16
Lennar Corp /New/ (LEN) Q4 2025 Earnings Call Transcript
Positive tone
Affordability and supply shortage
Macro and demand environment
Margin pressure and incentives
Revenue
$9.37B*
▼ 5.8% YoY
Rev · 8q
Audio
Transcript
Slides
8-K10-K
Earnings call
FY25 · Q3
2025-09-19
Lennar Corp /New/ (LEN) Q3 2025 Earnings Call Transcript
Cautious tone
Delivery guidance and pacing
Housing market softness and affordability
Technology and AI initiatives
Revenue
$8.81B
▼ 6.4% YoY
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY25 · Q2
2025-06-17
Lennar Corp /New/ (LEN) Q2 2025 Earnings Call Transcript
Cautious tone
Volume and even flow production strategy
Margin pressure and path to rebuild
Affordability and pricing strategy
Revenue
$8.38B
▼ 4.4% YoY
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY25 · Q1
2025-03-20
Lennar Corp /New/ (LEN) Q1 2025 Earnings Call Transcript
Cautious tone
Margins and profitability
Asset-light, land-light transition
Operating strategy: consistent volume and even flow
Revenue
$7.63B
▲ 4.4% YoY
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY24 · Q4
2024-12-18
Lennar Corp /New/ (LEN) Q4 2024 Earnings Call Transcript
Balanced tone
Q4 Results Miss and Volume Strategy
Affordability and Interest Rates
Land-Light Strategic Transition and Millrose Spin
Revenue
$9.95B*
▼ 9.3% YoY
Rev · 8q
Audio
Transcript
Slides
8-K10-K
Earnings call
FY24 · Q3
2024-09-19
Lennar Corp /New/ (LEN) Q3 2024 Earnings Call Transcript
Confident tone
Land-light transformation and Millrose spin-off
Macroeconomic and interest rate outlook
Realtor and broker cost strategy
Revenue
$9.42B
▲ 7.9% YoY
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY24 · Q2
2024-06-17
Lennar Corp /New/ (LEN) Q2 2024 Earnings Call Transcript
Positive tone
Gross margin guidance and trajectory
Macroeconomic and interest rate environment
Technology and digital operations
Revenue
$8.77B
▲ 9% YoY
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY24 · Q1
2024-03-13
Lennar Corp /New/ (LEN) Q1 2024 Earnings Call Transcript
Confident tone
Operating Execution and Manufacturing Model
Margin Outlook
Cycle Time and Construction Costs
Revenue
$7.31B
▲ 12.7% YoY
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY23 · Q4
2023-12-14
Lennar Corp /New/ (LEN) Q4 2023 Earnings Call Transcript
Revenue
$10.97B*
▲ 7.8% YoY
Rev · 8q
Audio
Transcript
Slides
8-K10-K
Earnings call
FY23 · Q3
2023-09-14
Lennar Corp /New/ (LEN) Q3 2023 Earnings Call Transcript
Revenue
$8.73B
▼ 2.3% YoY
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY23 · Q2
2023-06-14
Lennar Corp /New/ (LEN) Q2 2023 Earnings Call Transcript
Revenue
$8.05B
▼ 3.8% YoY
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY23 · Q1
2023-03-14
Lennar Corp /New/ (LEN) Q1 2023 Earnings Call Transcript
Revenue
$6.49B
▲ 4.6% YoY
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY22 · Q4
2022-12-14
Lennar Corp /New/ (LEN) Q4 2022 Earnings Call Transcript
Revenue
$10.17B*
▲ 20.6% YoY
Rev · 8q
Audio
Transcript
Slides
8-K10-K
Earnings call
FY22 · Q3
2022-09-21
Lennar Corp /New/ (LEN) Q3 2022 Earnings Call Transcript
Revenue
$8.93B
▲ 28.7% YoY
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY22 · Q2
2022-06-21
Lennar Corp /New/ (LEN) Q2 2022 Earnings Call Transcript
Revenue
$8.36B
▲ 30% YoY
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY22 · Q1
2022-03-16
Lennar Corp /New/ (LEN) Q1 2022 Earnings Call Transcript
Revenue
$6.20B
▲ 16.5% YoY
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY21 · Q4
2021-12-15
Lennar Corp /New/ (LEN) Q4 2021 Earnings Call Transcript
Revenue
$8.43B*
▲ 23.6% YoY
Rev · 8q
Audio
Transcript
Slides
8-K10-K
Earnings call
FY21 · Q3
2021-09-20
Lennar Corp /New/ (LEN) Q3 2021 Earnings Call Transcript
Revenue
$6.94B
▲ 18.2% YoY
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY21 · Q2
2021-06-16
Lennar Corp /New/ (LEN) Q2 2021 Earnings Call Transcript
Revenue
$6.43B
▲ 21.6% YoY
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY21 · Q1
2021-03-16
Lennar Corp /New/ (LEN) Q1 2021 Earnings Call Transcript
Revenue
$5.33B
▲ 18.2% YoY
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY20 · Q4
2020-12-16
Lennar Corp /New/ (LEN) Q4 2020 Earnings Call Transcript
Revenue
$6.83B
▼ 2.1% YoY Gross margin
23.1%
Rev · 8q
Audio
Transcript
Slides
8-K10-K
Earnings call
FY20 · Q3
2020-09-14
Lennar Corp /New/ (LEN) Q3 2020 Earnings Call Transcript
Revenue
$5.87B
▲ 0.2% YoY Gross margin
21.5%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY20 · Q2
2020-06-15
Lennar Corp /New/ (LEN) Q2 2020 Earnings Call Transcript
Revenue
$5.29B
▼ 5% YoY Gross margin
20.1%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY20 · Q1
2020-03-19
Lennar Corp /New/ (LEN) Q1 2020 Earnings Call Transcript
Revenue
$4.51B
▲ 16.5% YoY Gross margin
18.8%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY19 · Q4
2020-01-08
Lennar Corp /New/ (LEN) Q4 2019 Earnings Call
Revenue
$6.97B
▲ 7.9% YoY Gross margin
19.9%
Rev · 8q
Audio
Transcript
Slides
8-K10-K
Showing 1–28 of 28 earnings calls
Key facts
CIK
920760
CUSIP
526057104
13F (30d)
20 filings
15 filers
Visit website
Investor relations