Company: LEN
Filing Date: 2025-10-03
Form Type: 10-Q
Source: 0001628280-25-044086
Chunk: 100

Company: LENNAR CORP /NEW/
Filing Date: 2025-10-03
Form: 10-Q
Item: Item 8
Chunk 100
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, Indiana, Maryland, Minnesota, North Carolina, South Carolina, Tennessee,               and Virginia                                                                            South Central: Arkansas, Kansas, Missouri, Oklahoma and TexasWest: Arizona, California, Colorado, Idaho, Nevada, Oregon, Utah and WashingtonOther: Urban divisions and other homebuilding related investments primarily in California, including FivePoint Holdings, LLC (“FivePoint”), and Millrose investment.

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Lennar Corporation and SubsidiariesNotes to Condensed Consolidated Financial Statements (Unaudited) (Continued)

The assets related to the Company’s Homebuilding segments were as follows:(In thousands)At August 31, 2025At November 30, 2024East$5,724,354 6,967,571 Central4,848,376 5,567,451 South Central4,207,858 4,238,587 West 10,442,228 12,148,434 Other2,813,064 1,729,407 Corporate and Unallocated 1,627,852 4,943,019 Total Homebuilding$29,663,732 35,594,469 Financial information relating to the Company’s Homebuilding segments was as follows:Three Months EndedNine Months EndedAugust 31,August 31,(In thousands)2025202420252024RevenuesEast$1,703,457 2,074,799 5,064,438 6,091,146 Central2,075,062 2,206,293 5,406,615 5,418,886 South Central1,508,269 1,286,625 4,198,495 3,554,836 West 2,960,730 3,471,591 8,688,960 9,267,120 Other6,157 6,384 22,899 25,754 $8,253,675 9,045,692 23,381,407 24,357,742 Operating earnings (loss)East$181,648 401,908 579,274 1,205,866 Central189,458 343,490 488,749 741,549 South Central130,129 197,767 388,901 550,924 West270,323 514,448 814,528 1,302,172 Other(11,773)20