LEN · News · 20260917N

Revenue Performance and Mix

LENNAR CORP /NEW/ · 2026-09-17 · Importance 43 · Surprise 32

Lennar reported third-quarter fiscal 2026 revenue of $8.05 billion for the quarter ended August 31, down 8.6% year over year from $8.81 billion and 3.4% below the $8.33 billion consensus estimate. Lower home deliveries and a lower average selling price weighed on revenue. Deliveries fell 3% to 20,840 homes, while average selling price declined to $372,000 from $383,000.

Key facts

• Lennar’s Q3 2026 total revenues were $8.05 billion, 3.4% below the $8.33 billion consensus estimate and down 8.6% year over year. source
• Lennar reported Q3 2026 average sales price of $372,000, down from $383,000. source
• Lennar’s Q3 2026 average sales price was $372,000, modestly below guidance. source