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

Meritage Homes (MTH) has 17 years of Cost of Revenue data on file, last reported at $79.5 million in Q1 2026.

• Cost of Revenue for Q1 2026 came in at $79.5 million, down 16.1% year-over-year; the trailing twelve-month figure through Mar 2026 was $389.2 million (down 3.25% YoY), and the FY2025 annual result was $404.4 million, down 1.14% from the prior year.
• Cost of Revenue declined to $79.5 million in Q1 2026 per MTH's latest filing, from $101.1 million in the prior quarter.
• Over five years, Cost of Revenue peaked at $110.5 million in Q4 2022 and troughed at $65.5 million in Q1 2022.
• A 5-year average of $94.2 million and a median of $99.1 million in 2023 frame the typical range for Cost of Revenue.
• The sharpest annual moves came in 2022 and 2026: Cost of Revenue surged 47.64% in 2022, then retreated 16.1% in 2026.
• A 5-year view of Cost of Revenue shows it stood at $110.5 million in 2022, then declined by 3.0% to $107.1 million in 2023, then dropped by 2.04% to $105.0 million in 2024, then slipped by 3.64% to $101.1 million in 2025, then slipped by 21.42% to $79.5 million in 2026.
• Business Quant data shows MTH's Cost of Revenue at $79.5 million in Q1 2026, $101.1 million in Q4 2025, and $99.7 million in Q3 2025.