LEN Lennar

company

SEC Filings & Insider Trading Activity 2026

Management Discussion & Analysis

• • Revenue $34.2B in 2025, down 3.6% YoY from $35.4B in 2024; home sales revenue down 5% to $32.1B from $33.8B
• • Homebuilding gross margin 17.7% in 2025 vs 22.3% in 2024; operating earnings $3.0B vs $5.3B prior year
• • Best performing segment Financial Services: operating earnings $609.9M up from $574.2M; Worst Multifamily: loss of $75.0M vs $43.0M earnings in 2024
• • Net earnings $2.1B or $7.98/share in 2025 vs $3.9B or $14.31/share in 2024; tax rate rose to 25.3% from 23.6%
• • Q1 2026 margin guidance 15-16%; expected home deliveries 18k-19k at average price $365k-$375k; full year 2026 deliveries approx. 85k homes
• • Cost reductions and technology initiatives highlighted to improve margins and returns when market normalizes
• • Increased sales incentives to buyers: average $62.7k/home in 2025 vs $48.8k in 2024 (13.8% vs 10.3% of revenue)
• • Capital allocation details limited; referenced reduction in inventory and cycle times, plus One Big Beautiful Bill Act tax evaluation ongoing

Business Overview

• • Core business model: U.S.-based homebuilding, mortgage origination, title services, multifamily rental development, fund sponsorship and technology investments
• • New emphasis on multifamily and single-family rental property fund sponsorship and management
• • Strategic focus on urban divisions and homebuilding investments in California, including FivePoint Holdings, LLC
• • Homebuilding revenue $32 billion in fiscal 2025, comprising approximately 94% of consolidated revenues
• • Geographic expansion across four major U.S. regions with divisions in 24 states

Risk Factors

• • Key-person risk from interim CTO appointed May 2025 after prior CTO retirement, responsible for cybersecurity risk management
• • Cybersecurity risk oversight by Audit Committee, with CTO reports at least quarterly including incident response plans
• • Established cross-functional Cyber Steering Committee involving CTO, CISO, General Counsel, and business leaders to manage cyber threats

What are the latest LEN SEC filings in 2026?

Lennar (LEN) has filed a 10-K annual report on January 28, 2026, a 10-Q quarterly report on April 9, 2026, an 8-K current report on June 12, 2026 with the SEC. SignalX tracks every new SEC EDGAR filing daily, including 10-K, 10-Q, 8-K, and Form 4 insider transactions, with AI-powered summaries of key sections.

When did LEN file its most recent 10-K annual report?

Lennar (LEN) filed its most recent 10-K annual report on January 28, 2026. The 10-K includes audited financial statements, business overview, risk factors, and management discussion, all available on SignalX with AI-generated summaries and XBRL financial data.

How do I view LEN 10-Q quarterly reports?

Lennar (LEN)'s most recent 10-Q quarterly report was filed on April 9, 2026. SignalX displays every LEN 10-Q with AI-generated summaries of the MD&A (Management Discussion & Analysis) and Risk Factors sections, plus links to the original SEC EDGAR document.

What 8-K current reports has LEN filed recently?

Lennar (LEN)'s most recent 8-K was filed on June 12, 2026. 8-K filings disclose material corporate events such as earnings releases, executive changes, mergers, and other significant developments. SignalX surfaces each 8-K with item-level summaries so you can quickly see what happened.

Where can I find LEN insider trading activity (Form 4)?

The most recent LEN Form 4 insider transaction on SignalX was filed on December 1, 2025. Form 4 reports show when officers, directors, and 10% shareholders buy or sell company stock. SignalX aggregates every LEN Form 4 with transaction code, share count, and price per share.

How often does LEN file with the SEC?

Lennar (LEN) files a 10-K annual report once per year (typically within 60 days of fiscal year-end) and 10-Q quarterly reports three times per year. 8-K current reports are filed as needed when material events occur, and Form 4 insider transaction reports are due within two business days of a trade. SignalX monitors SEC EDGAR daily to surface every new LEN filing with AI-powered analysis.

What is the difference between 10-K, 10-Q, and 8-K SEC filings?

A 10-K is a comprehensive annual report with audited financials, business overview, and risk factors. A 10-Q is a shorter quarterly report with unaudited financials and management discussion. An 8-K is a current report filed when a material event occurs, such as earnings releases, executive changes, acquisitions, or other significant developments. SignalX provides AI-generated summaries for all three filing types for Lennar (LEN).

What is LEN's SEC CIK number?

Lennar (LEN)'s SEC CIK (Central Index Key) number is 920760. The CIK is a unique identifier assigned by the SEC to every filing entity. You can use CIK 920760 to look up all LEN filings on SEC EDGAR, or browse them here on SignalX with AI-powered analysis.

Where can I find LEN return on equity (ROE) and financial data?

SignalX extracts XBRL financial data from Lennar (LEN) 10-K annual filings, including revenue, net income, gross profit, operating income, EPS, total assets, stockholders' equity, and operating cash flow. Return on equity (ROE) can be derived from net income divided by stockholders' equity. Multi-year financial trends are displayed in the Financial Summary table above.