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Meritage Homes (MTH) Cost of Revenue (2016 - 2025)

Meritage Homes (MTH) has disclosed Cost of Revenue for 16 consecutive years, with $101.1 million as the latest value for Q4 2025.

  • On a quarterly basis, Cost of Revenue fell 3.64% to $101.1 million in Q4 2025 year-over-year; TTM through Dec 2025 was $404.4 million, a 1.14% decrease, with the full-year FY2025 number at $404.4 million, down 1.14% from a year prior.
  • Cost of Revenue was $101.1 million for Q4 2025 at Meritage Homes, up from $99.7 million in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $110.5 million in Q4 2022 to a low of $65.5 million in Q1 2022.
  • A 5-year average of $90.4 million and a median of $96.8 million in 2023 define the central range for Cost of Revenue.
  • Peak YoY movement for Cost of Revenue: decreased 9.9% in 2021, then surged 47.64% in 2022.
  • Meritage Homes' Cost of Revenue stood at $74.8 million in 2021, then skyrocketed by 47.64% to $110.5 million in 2022, then fell by 3.0% to $107.1 million in 2023, then decreased by 2.04% to $105.0 million in 2024, then dropped by 3.64% to $101.1 million in 2025.
  • Per Business Quant, the three most recent readings for MTH's Cost of Revenue are $101.1 million (Q4 2025), $99.7 million (Q3 2025), and $108.8 million (Q2 2025).