Company: LEN
Filing Date: 2025-10-03
Form Type: 10-Q
Source: 0001628280-25-044086
Chunk: 182

Company: LENNAR CORP /NEW/
Filing Date: 2025-10-03
Form: 10-Q
Item: Item 2
Chunk 182
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%757,526 (10,544)9,574 10,190 (6,961)759,785 Three Months Ended August 31, 2024Gross 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 from Unconsolidated EntitiesOther Income, netOperating Earnings East$2,058,158 1,511,468 26.6 %388,707 1,810 2,802 8,186 403 401,908 Central2,202,207 1,705,333 22.6 %339,956 (3,545)708 946 5,425 343,490 South Central1,283,781 993,685 22.6 %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 %