Meritage Homes (MTH) Operating Expenses (2010 - 2026)

Meritage Homes (MTH) has reported Operating Expenses for 17 consecutive years, with $144.2 million the latest figure, recorded in Q2 2026.

• On a quarterly basis, Operating Expenses fell 12.09% year-over-year to $144.2 million in Q2 2026; TTM through Jun 2026 was $575.5 million, a 10.85% decrease from a year earlier, with the FY2025 full-year figure at $616.2 million, down 3.71% from the prior year.
• Operating Expenses was $144.2 million for Q2 2026 at Meritage Homes, up from $130.9 million in the prior quarter.
• Over five years, Operating Expenses peaked at $176.1 million in Q4 2023 and troughed at $105.5 million in Q1 2022.
• A 5-year average of $148.0 million and a median of $151.6 million in 2025 frame the typical range for Operating Expenses.
• Across the five-year window, Operating Expenses jumped 30.56% in 2022 and fell 13.76% in 2025, its largest moves.
• Over 5 years, Operating Expenses stood at $167.1 million in 2022, then advanced by 5.41% to $176.1 million in 2023, then retreated by 1.94% to $172.7 million in 2024, then slipped by 13.76% to $148.9 million in 2025, then retreated by 3.18% to $144.2 million in 2026.
• The last three Operating Expenses figures came in at $144.2 million (Q2 2026), $130.9 million (Q1 2026), and $148.9 million (Q4 2025), per Business Quant data.