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| Date | Value |
|---|---|
| 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 |