Lennar — Sep 16, 2026 release

Guidance The following are the Company's expected results of its homebuilding and financial services activities for the fourth quarter of 2026: New Orders 19,500 - 20,500 Deliveries 22,000 - 23,000 Average Sales Price $370,000 - $380,000 Gross Margin % on Home Sales 15.5% - 16.0% SG&A as a % of Home Sales 8.7% - 9.0% Financial Services Operating Earnings $90 million - $95 million 5-5-5 About Lennar Lennar Corporation is one of the nation's leading homebuilders, dedicated to making the American dream of homeownership attainable for more people. Since its founding in 1954, Lennar has built more than 1.5 million homes for buyers at every stage of life in communities across the country, from first-time and move-up buyers to active adults. Lennar's Financial Services segment provides mortgage financing, title and closing services primarily for buyers of Lennar's homes. LENˣ drives Lennar's technology, innovation and strategic investments, shaping the future of homebuilding. For more information, visit www.lennar.com. Note Regarding Forward-Looking Statements: Some of the statements in this press release are "forward-looking statements," as that term is defined in the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements relating to the homebuilding market and other markets in which we participate, as well as our expected results and guidance. You can identify forward-looking statements by the fact that these statements do n