v3.26.1
Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) - USD ($)
$ in Thousands
3 Months Ended
Feb. 28, 2026
Feb. 28, 2025
Revenues [Abstract]    
Revenues $ 6,619,476 $ 7,631,545
Cost and expenses:    
Corporate general and administrative 157,638 147,378
Charitable foundation contribution 16,863 17,834
Total costs and expenses 6,403,275 6,935,706
Equity in earnings from unconsolidated entities 63,268 33,234
Other income, net and other gains, net 8,146 31,668
Lennar Other gains (losses) from technology investments 14,838 (62,503)
Earnings before income taxes 302,453 698,238
Provision for income taxes (69,092) (169,525)
Net earnings (including net earnings attributable to noncontrolling interests) 233,361 528,713
Less: Net earnings attributable to noncontrolling interests 3,978 9,187
Net earnings attributable to Lennar 229,383 519,526
Other comprehensive loss, net of tax:    
Net unrealized losses on securities available-for-sale (405) (178)
Total other comprehensive loss, net of tax (405) (178)
Total comprehensive income attributable to Lennar 228,978 519,348
Operating Segments    
Revenues [Abstract]    
Revenues 6,619,476 7,631,545
Homebuilding    
Revenues [Abstract]    
Revenues 6,298,563 7,283,870
Cost and expenses:    
Total costs and expenses 5,970,420 6,539,960
Equity in earnings from unconsolidated entities 38,181 35,004
Other income, net and other gains, net 6,704 30,359
Earnings before income taxes 373,028 809,273
Homebuilding | Operating Segments    
Revenues [Abstract]    
Revenues 6,298,563 7,283,870
Cost and expenses:    
Cost and expenses 5,970,420 6,539,960
Lennar Financial Services    
Revenues [Abstract]    
Revenues 215,555 277,077
Cost and expenses:    
Total costs and expenses 124,242 133,594
Earnings before income taxes 91,313 143,483
Lennar Financial Services | Operating Segments    
Revenues [Abstract]    
Revenues 215,555 277,077
Cost and expenses:    
Cost and expenses 124,242 133,594
Multifamily    
Revenues [Abstract]    
Revenues 82,499 63,196
Cost and expenses:    
Total costs and expenses 90,428 73,376
Equity in earnings from unconsolidated entities 25,481 727
Other income, net and other gains, net 307 9,430
Earnings before income taxes 17,859 (23)
Multifamily | Operating Segments    
Revenues [Abstract]    
Revenues 82,499 63,196
Cost and expenses:    
Cost and expenses 90,428 73,376
Lennar Other    
Revenues [Abstract]    
Revenues 22,859 7,402
Cost and expenses:    
Total costs and expenses 43,684 23,564
Equity in earnings from unconsolidated entities (394) (2,497)
Other income, net and other gains, net 1,135 (8,121)
Lennar Other gains (losses) from technology investments 14,838 (62,503)
Earnings before income taxes (5,246) (89,283)
Lennar Other | Operating Segments    
Revenues [Abstract]    
Revenues 22,859 7,402
Cost and expenses:    
Cost and expenses 43,684 23,564
Lennar Other gains (losses) from technology investments $ 14,838 $ (62,503)