Meritage Homes (MTH) Cost of Revenue (2010 - 2025)

Meritage Homes (MTH) has 16 years of Cost of Revenue data on file, last reported at $3.3 billion in Q4 2025.

• On a quarterly basis, Cost of Revenue rose 194.33% year-over-year to $3.3 billion in Q4 2025; TTM through Mar 2026 was $3.8 billion, a 219.71% increase from a year earlier, with the FY2025 full-year figure at $4.6 billion, changed N/A from the prior year.
• Cost of Revenue for Q4 2025 stood at $3.3 billion, up from $434.7 million in the prior quarter.
• Over the last five years, Cost of Revenue for MTH reached as high as $3.3 billion in Q4 2025 and fell as low as -$3.5 billion in Q4 2024.
• Historically, Cost of Revenue has averaged $156.9 million across 5 years, with a median of $410.0 million in 2024.
• Across the five-year window, Cost of Revenue surged 46965.07% in 2021 and plunged 375.87% in 2022, its largest moves.
• Year by year, Cost of Revenue stood at $1.1 billion in 2021, then plunged by 375.87% to -$2.9 billion in 2022, then jumped by 36.67% to -$1.9 billion in 2023, then sank by 90.06% to -$3.5 billion in 2024, then soared by 194.33% to $3.3 billion in 2025.
• Per Business Quant data, the three most recent Cost of Revenue figures were $3.3 billion in Q4 2025, $434.7 million in Q2 2025, and $142000.0 in Q1 2025.