Meritage Homes (MTH) Gross Profit (2010 - 2026)

Meritage Homes (MTH) has reported Gross Profit for 17 consecutive years, with $254.1 million the latest figure, recorded in Q2 2026.

• On a quarterly basis, Gross Profit fell 25.54% year-over-year to $254.1 million in Q2 2026; TTM through Jun 2026 was $946.5 million, a 32.71% decrease from a year earlier, with the FY2025 full-year figure at $1.1 billion, down 28.15% from the prior year.
• Gross Profit was $254.1 million for Q2 2026 at Meritage Homes, up from $193.8 million in the prior quarter.
• Over five years, Gross Profit peaked at $499.7 million in Q4 2022 and troughed at $193.8 million in Q1 2026.
• A 5-year average of $359.0 million and a median of $377.6 million in 2023 frame the typical range for Gross Profit.
• Across the five-year window, Gross Profit surged 45.37% in 2022 and sank 37.98% in 2025, its largest moves.
• Over 5 years, Gross Profit stood at $499.7 million in 2022, then decreased by 16.82% to $415.7 million in 2023, then slipped by 10.23% to $373.1 million in 2024, then slumped by 37.98% to $231.4 million in 2025, then increased by 9.81% to $254.1 million in 2026.
• The last three Gross Profit figures came in at $254.1 million (Q2 2026), $193.8 million (Q1 2026), and $231.4 million (Q4 2025), per Business Quant data.