Meritage Homes (MTH) Cost of Revenue (2010 - 2026)

Meritage Homes (MTH) has reported Cost of Revenue for 17 consecutive years, with $1.1 billion the latest figure, recorded in Q2 2026.

• On a quarterly basis, Cost of Revenue fell 10.67% year-over-year to $1.1 billion in Q2 2026; TTM through Jun 2026 was $4.4 billion, a 7.6% decrease from a year earlier, with the FY2025 full-year figure at $4.7 billion, down 1.96% from the prior year.
• Cost of Revenue was $1.1 billion for Q2 2026 at Meritage Homes, up from $923.7 million in the prior quarter.
• Over five years, Cost of Revenue peaked at $1.5 billion in Q4 2022 and troughed at $898.5 million in Q1 2022.
• A 5-year average of $1.1 billion and a median of $1.2 billion in 2023 frame the typical range for Cost of Revenue.
• Across the five-year window, Cost of Revenue surged 39.91% in 2022 and slipped 17.04% in 2023, its largest moves.
• Over 5 years, Cost of Revenue stood at $1.5 billion in 2022, then fell by 17.04% to $1.2 billion in 2023, then climbed by 0.21% to $1.2 billion in 2024, then slipped by 3.55% to $1.2 billion in 2025, then retreated by 4.15% to $1.1 billion in 2026.
• The last three Cost of Revenue figures came in at $1.1 billion (Q2 2026), $923.7 million (Q1 2026), and $1.2 billion (Q4 2025), per Business Quant data.