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Lennar LEN Standard Product Warranty Accrual
Standard Product Warranty Accrual at other companies
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Where this comes from
Reported directly by Lennar in its filing.
Tagged under the XBRL concept us-gaap:StandardProductWarrantyAccrual.
The source filing: Lennar’s 10-Q, filed June 29, 2026.
- Filed
- Jun 29, 2026, 4:38 PM EDT
- Fiscal quarter
- Q2 FY2026
- Calendar quarter
- Q2 2026
- Accession
- 0001628280-26-046019
| (In thousands) | Three Months Ended / May 31, 2026 | Three Months Ended / May 31, 2025 | Six Months Ended / May 31, 2026 | Six Months Ended / May 31, 2025 |
|---|---|---|---|---|
| Warranty reserve, beginning of the period | $381,666 | 428,926 | 400,591 | 446,240 |
| Warranties issued | 47,479 | 63,164 | 89,999 | 123,632 |
| Adjustments to pre-existing warranties from changes in estimates (1) | 6,899 | 11,824 | 19,905 | 14,386 |
| Payments | (52,892) | (61,856) | (127,343) | (142,200) |
| Warranty reserve, end of period | $383,152 | 442,058 | 383,152 | 442,058 |
Item 1. Financial Statements
FAQ
- What is Lennar's standard product warranty accrual?
- Lennar (LEN) reported standard product warranty accrual of $383.15M in Q1 2026.
- How has Lennar's standard product warranty accrual changed year-over-year?
- Lennar's standard product warranty accrual decreased by 13.3% year-over-year, from $442.06M to $383.15M.
- What is the long-term trend for Lennar's standard product warranty accrual?
- Over 5 years (2020 to 2025), Lennar's standard product warranty accrual has grown at a 3.2% compound annual growth rate (CAGR), from $341.77M to $400.59M.
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