M (MHO) Cost of Revenue (2010 - 2026)

M (MHO) reported Cost of Revenue of $718.1 million for Q1 2026, up 1260.43% year-over-year from $52.8 million in Q1 2025, and down 77.7% quarter-over-quarter from $3.2 billion in Q4 2025.

M (MHO) Cost of Revenue (2010 - 2026) Analysis & Trends

M (MHO) has 17 years of Cost of Revenue data on file, last reported at $718.1 million in Q1 2026.

  • Cost of Revenue for Q1 2026 came in at $718.1 million, up 1260.43% year-over-year; the trailing twelve-month figure through Mar 2026 was $4.9 billion (up 163.23% YoY), and the FY2025 annual result was $3.4 billion, up 2.87% from the prior year.
  • Cost of Revenue eased to $718.1 million in Q1 2026 per MHO's latest filing, from $3.2 billion in the prior quarter.
  • Over five years, Cost of Revenue peaked at $3.2 billion in Q4 2025 and troughed at -$2.1 billion in Q4 2023.
  • A 5-year average of $510.0 million and a median of $718.1 million in 2026 frame the typical range for Cost of Revenue.
  • On a YoY basis, Cost of Revenue climbed as much as 1548.89% in 2023 and fell as far as 320.42% in 2023.
  • A 5-year view of Cost of Revenue shows it stood at $942.5 million in 2022, then plunged by 320.42% to -$2.1 billion in 2023, then surged by 143.73% to $908.5 million in 2024, then surged by 254.46% to $3.2 billion in 2025, then tumbled by 77.7% to $718.1 million in 2026.
  • Business Quant data shows MHO's Cost of Revenue at $718.1 million in Q1 2026, $3.2 billion in Q4 2025, and $64.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Horton D R 42.25 Bn 40.90 Bn 1.70 Bn 5.85 Bn
2 Pultegroup 22.81 Bn 21.00 Bn 881.27 Mn 2.53 Bn
3 Lennar 21.97 Bn 19.78 Bn 6.36 Bn 258.35 Mn
4 Nvr 17.46 Bn 15.81 Bn 1.31 Bn 574.00 Mn
5 Toll Brothers 13.24 Bn 12.14 Bn 604.89 Mn 1.93 Bn
6 Taylor Morrison Home 6.87 Bn 6.87 Bn 290.64 Mn 89.88 Mn
7 Installed Building Products 5.23 Bn 4.76 Bn 212.30 Mn 34.00 Mn
8 Meritage Homes 4.75 Bn 3.98 Bn -269,000.00 79.47 Mn
9 Cavco Industries 4.47 Bn 4.44 Bn 135.92 Mn 445.07 Mn
10 M 3.58 Bn 2.81 Bn 202.59 Mn 718.12 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 718.12 Mn
Mar 31, 2026 718.12 Mn
Dec 31, 2025 3.22 Bn
Dec 31, 2025 3.22 Bn
Sep 30, 2025 64.05 Mn
Sep 30, 2025 64.05 Mn
Jun 30, 2025 875.97 Mn
Jun 30, 2025 875.97 Mn
Mar 31, 2025 52.79 Mn
Mar 31, 2025 52.79 Mn
Dec 31, 2024 908.45 Mn
Dec 31, 2024 908.45 Mn
Sep 30, 2024 833.47 Mn
Sep 30, 2024 833.47 Mn
Jun 30, 2024 58.50 Mn
Jun 30, 2024 58.50 Mn
Mar 31, 2024 763.36 Mn
Mar 31, 2024 763.36 Mn
Dec 31, 2023 -2.08 Bn
Dec 31, 2023 -2.08 Bn