Company facts
- Headquarters
- Miami, Florida
- Most recent report
- 10-Q, filed Jun 29, 2026
- Incorporated
- Delaware
- Filings on record
- 1,001+ filings
- On EDGAR
- CIK 920760
- Fiscal year ends
- November
- Filer status
- Large accelerated filer
Financials 8 of 46
News 8 of 136
Prospectuses and Registrations 8 of 39
- S-3ASR Automatic shelf registration Apr 10, 2026
- 424B5 Prospectus supplement for an offering May 13, 2025
- FWP Free writing prospectus May 12, 2025
- 424B2 Prospectus supplement for an offering May 12, 2025
- S-3ASR Automatic shelf registration Feb 2, 2023
- S-8 Registration statement for an employee plan Apr 15, 2022
- S-3ASR Automatic shelf registration Apr 10, 2020
- 424B3 Prospectus supplement for an offering May 10, 2018
Proxies 8 of 27
- DEFA14A Extra proxy material Feb 26, 2026
- DEF 14A Proxy statement for a shareholder vote Feb 26, 2026
- DEFA14A Extra proxy material Feb 28, 2025
- DEF 14A Proxy statement for a shareholder vote Feb 28, 2025
- DEFA14A Extra proxy material Feb 29, 2024
- DEF 14A Proxy statement for a shareholder vote Feb 29, 2024
- PRE 14A Preliminary proxy statement Feb 16, 2024
- DEFA14A Extra proxy material Mar 1, 2023
Ownership 8 of 649
- 4 Insider reported a trade Sep 2, 2026
- 4 Insider reported a trade Sep 2, 2026
- SCHEDULE 13G Large holder reported a passive stake Aug 14, 2026
- 13F-HR Quarterly report of institutional holdings Aug 13, 2026
- 4 Insider reported a trade Jul 14, 2026
- 4 Insider reported a trade Jul 14, 2026
- 4 Insider reported a trade Jul 14, 2026
- 4 Insider reported a trade Jul 14, 2026
Other 8 of 104
What to read: May 2026 10-Q
SECSift found 2 of 11 sections worth reading, with 0 positive, 7 notable, and 5 negative flags.
Financial Statements (Item 1)
Core financials: significant earnings drop, cash burn, and large buybacks despite declining results.Management's Discussion (Item 2)
Core MD&A: earnings down 36%, margin squeeze, guidance, buyback, debt shift.Notable- Q3 2026 delivery guidance: 20,500-21,500 homes; full-year guidance lowered to 82,000-83,000 homes.
- Home deliveries increased 2% to 20,519 in Q2 2026 from 20,131, driven by higher active communities.
- Multifamily swung to an operating profit of $18.3M in Q2 2026 vs a loss of $14.8M.
- Lennar Other operating loss improved to $38.9M in Q2 2026 from $52.9M, helped by smaller tech losses.
- Sales incentives per delivery declined to $55,200 in Q2 2026 from $59,500, a 7% drop.
- Company spent $737M on stock repurchases in H1 2026, including $691M under the program.
Negative- Net earnings down 36% to $304.8M in Q2 2026 vs $477.4M in Q2 2025.
- Average sales price per home fell 5% to $371,000 in Q2 2026 from $389,000.
- Gross margins fell to 15.6% in Q2 2026 from 17.8% in Q2 2025, a 220 bps drop.
- SG&A as a percentage of home sales revenue rose to 9.2% in Q2 2026 from 8.8%.
- Financial Services operating earnings fell 36% to $100.2M in Q2 2026 from $156.6M.
What changed: May 2026 vs. Feb 2026
About 12% of LEN's May 2026 10-Q is new information. 45 paragraphs were added, 180 changed, and 42 removed. Below are the most important lines SECSift identified.
New
Changed
Everything here comes from Lennar Corp's own filings on SEC EDGAR. The filing list is rechecked every hour. SECSift analysis was completed on Aug 20, 2026, from the 10-Q for May 2026.