Company: LEN
Filing Date: 2025-10-03
Form Type: 10-Q
Source: 0001628280-25-044086
Chunk: 58

Company: LENNAR CORP /NEW/
Filing Date: 2025-10-03
Form: 10-Q
Item: Item 1
Chunk 58
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%195,938 (132)594 — 1,367 197,767 West3,470,255 2,773,873 20.1 %507,569 (1,387)1,337 1,624 5,305 514,448 Other (2)3,226 5,244 (62.6)%(4,865)— 3,158 14,464 7,548 20,305 Totals$9,017,627 6,989,603 22.5 %1,427,305 (3,254)8,599 25,220 20,048 1,477,918 

Nine Months Ended August 31, 2025Gross MarginsOperating Earnings($ in thousands)Sales of Homes RevenueCosts of Sales of HomesGross Margin (Loss) %Net Margins (Losses) on Sales of Homes (1)Gross Margins (Losses) on Sales of LandOther RevenuesEquity in Earnings (Losses) from Unconsolidated EntitiesOther Income (Expense), netOperating EarningsEast$4,996,822 4,009,377 19.8 %506,631 2,147 9,970 29,271 31,255 579,274 Central5,399,868 4,403,944 18.4 %485,701 (5,478)3,847 36 4,643 488,749 South Central4,173,587 3,435,915 17.7 %391,820 (1,056)2,369 (13)(4,219)388,901 West8,657,783 7,203,662 16.8 %833,381 (19,886)5,220 1,573 (5,760)814,528 Other (2)14,341 17,341 (20.9)%(26,448)— 8,558 32,043 11,687 25,840 Totals$23,242,401 19,070,239 18.0 %2,191,085 (24,273)29,964 62,910 37,606 2,297,292 

Nine Months Ended August 31, 202