Company: LEN
Filing Date: 2025-07-01
Form Type: 10-Q
Source: 0001628280-25-033777
Chunk: 138

Company: LENNAR CORP /NEW/
Filing Date: 2025-07-01
Form: 10-Q
Item: Item 8
Chunk 138
---
$15,259,531 — — — — 15,259,531 Sales of land34,350 — — — — 34,350 Other revenues18,169 531,443 229,177 5,852 — 784,641 Total revenues15,312,050 531,443 229,177 5,852 — 16,078,522 Homebuilding costs and expenses:Costs of homes sold11,865,484 — — — — 11,865,484 Costs of land sold20,920 — — — — 20,920 Selling, general and administrative expenses1,197,587 — — — — 1,197,587 Other costs and expenses— 253,135 234,872 35,929 523,936 Total costs and expenses13,083,991 253,135 234,872 35,929 — 13,607,927 Equity in earnings (losses) from unconsolidated entities28,818 — (30,163)(33,509)— (34,854)Other income (expense), net and other gains (losses)112,074 — (255)21,725 — 133,544 Lennar Other unrealized losses from technology investments— — — (26,651)— (26,651)Operating earnings (loss)$2,368,951 278,308 (36,113)(68,512)— 2,542,634 Corporate general and administrative expenses— — — — 314,303 314,303 Charitable foundation contribution— — — — 36,488 36,488 Earnings (loss) before income taxes$2,368,951 278,308 (36,113)(68,512)(350,791)2,191,843 

On February 10, 2025, we completed our acquisition of Rausch Coleman Homes ("Rausch"). Prior year information includes only stand-alone data for Lennar Corporation for the three and six months ended May 31, 2024.

Three Months Ended May 31, 2025 versus Three Months Ended May 31, 2024 

Revenues from home sales decreased 7% in