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

Meritage Homes (MTH) has 17 years of Operating Expenses data on file, last reported at $51.4 million in Q1 2026.

• Operating Expenses for Q1 2026 came in at $51.4 million, down 9.82% year-over-year; the trailing twelve-month figure through Mar 2026 was $206.2 million (down 13.05% YoY), and the FY2025 annual result was $211.8 million, down 8.27% from the prior year.
• Operating Expenses rose to $51.4 million in Q1 2026 per MTH's latest filing, from $47.8 million in the prior quarter.
• Over five years, Operating Expenses peaked at $69.0 million in Q4 2023 and troughed at $40.0 million in Q1 2022.
• A 5-year average of $54.0 million and a median of $52.1 million in 2023 frame the typical range for Operating Expenses.
• The sharpest annual moves came in 2023 and 2025: Operating Expenses soared 30.24% in 2023, then slipped 29.45% in 2025.
• A 5-year view of Operating Expenses shows it stood at $56.6 million in 2022, then advanced by 21.83% to $69.0 million in 2023, then declined by 1.78% to $67.7 million in 2024, then fell by 29.45% to $47.8 million in 2025, then increased by 7.55% to $51.4 million in 2026.
• Business Quant data shows MTH's Operating Expenses at $51.4 million in Q1 2026, $47.8 million in Q4 2025, and $51.8 million in Q3 2025.