Company: LEN
Filing Date: 2025-07-01
Form Type: 10-Q
Source: 0001628280-25-033777
Chunk: 176

Company: LENNAR CORP /NEW/
Filing Date: 2025-07-01
Form: 10-Q
Item: Item 2
Chunk 176
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— 156,982 156,982 Charitable foundation contribution— — — — 19,690 19,690 Earnings (loss) before income taxes$1,340,155 147,012 (20,474)(28,964)(176,672)1,261,057 

Six Months Ended May 31, 2025(In thousands)HomebuildingFinancial ServicesMultifamilyLennar OtherCorporateTotalRevenues:Sales of homes$15,028,821 — — — — 15,028,821 Sales of land78,521 — — — — 78,521 Other revenues20,390 575,175 293,501 12,639 — 901,705 Total revenues15,127,732 575,175 293,501 12,639 — 16,009,047 Costs and expenses:Costs of homes sold12,290,676 — — — — 12,290,676 Costs of land sold92,250 — — — — 92,250 Selling, general and administrative expenses1,304,586 — — — — 1,304,586 Other costs and expenses— 274,412 328,053 53,589 — 656,054 Total costs and expenses13,687,512 274,412 328,053 53,589 — 14,343,566 Equity in earnings (losses) from unconsolidated entities52,720 — (4,542)(2,827)— 45,351 Other income (expense), net and other gains (losses)44,567 — 24,317 (6,458)— 62,426 Lennar Other realized and unrealized losses from technology investments— — — (91,943)— (91,943)Operating earnings (loss)$1,537,507 300,763 (14,777)(142,178)— 1,681,315 Corporate general and administrative expenses— — — — 303,231 303,231 Charitable foundation contribution— — — — 37,965 37,965 Earnings (loss) before income taxes$1,537,507 300,763