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

M's (MHO) quarterly Cost of Revenue came in at $718.1 million in Q1 2026, down 0.72% year-on-year from $723.3 million in Q1 2025, and up 965.61% on a QoQ basis from $67.4 million 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.

  • On a quarterly basis, Cost of Revenue fell 0.72% year-over-year to $718.1 million in Q1 2026; TTM through Mar 2026 was $1.7 billion, a 63.42% decrease from a year earlier, with the FY2025 full-year figure at $247.9 million, down 92.5% from the prior year.
  • Cost of Revenue for Q1 2026 stood at $718.1 million, up from $67.4 million in the prior quarter.
  • Over the last five years, Cost of Revenue for MHO reached as high as $3.1 billion in Q4 2024 and fell as low as -$2.1 billion in Q4 2023.
  • Historically, Cost of Revenue has averaged $568.6 million across 5 years, with a median of $647.7 million in 2022.
  • On a YoY basis, Cost of Revenue climbed as much as 1535.78% in 2023 and fell as far as 170.34% in 2023.
  • Year by year, Cost of Revenue stood at $3.0 billion in 2022, then plunged by 170.34% to -$2.1 billion in 2023, then jumped by 250.87% to $3.1 billion in 2024, then sank by 97.85% to $67.4 million in 2025, then soared by 965.61% to $718.1 million in 2026.
  • Per Business Quant data, the three most recent Cost of Revenue figures were $718.1 million in Q1 2026, $67.4 million 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 41.66 Bn 39.52 Bn 2.15 Bn 7.08 Bn
2 Pultegroup 24.69 Bn 23.36 Bn 3.92 Bn 60.67 Mn
3 Lennar 20.49 Bn 20.35 Bn 7.69 Bn 252.35 Mn
4 Nvr 17.57 Bn 15.93 Bn 1.31 Bn 574.00 Mn
5 Toll Brothers 14.38 Bn 13.27 Bn 604.89 Mn 1.93 Bn
6 Taylor Morrison Home 6.96 Bn 6.31 Bn 290.64 Mn 1.10 Bn
7 Installed Building Products 6.13 Bn 5.65 Bn 212.30 Mn 34.00 Mn
8 Meritage Homes 4.94 Bn 4.17 Bn 68.61 Mn -
9 Champion Homes 4.59 Bn 3.93 Bn 172.19 Mn 484.42 Mn
10 M 3.86 Bn 3.10 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 67.39 Mn
Dec 31, 2025 67.39 Mn
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 723.31 Mn
Mar 31, 2025 723.31 Mn
Dec 31, 2024 3.13 Bn
Dec 31, 2024 3.13 Bn
Sep 30, 2024 59.16 Mn
Sep 30, 2024 59.16 Mn
Jun 30, 2024 800.50 Mn
Jun 30, 2024 800.50 Mn
Mar 31, 2024 53.94 Mn
Mar 31, 2024 53.94 Mn
Dec 31, 2023 -2.08 Bn
Dec 31, 2023 -2.08 Bn