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

Meritage Homes (MTH) has 17 years of Operating Expenses data on file, last reported at $130.9 million in Q1 2026.

• On a quarterly basis, Operating Expenses fell 13.74% year-over-year to $130.9 million in Q1 2026; TTM through Mar 2026 was $595.3 million, a 6.89% decrease from a year earlier, with the FY2025 full-year figure at $616.2 million, down 3.71% from the prior year.
• Operating Expenses for Q1 2026 stood at $130.9 million, down from $148.9 million in the prior quarter.
• Over the last five years, Operating Expenses for MTH reached as high as $176.1 million in Q4 2023 and fell as low as $105.5 million in Q1 2022.
• Historically, Operating Expenses has averaged $148.2 million across 5 years, with a median of $151.7 million in 2025.
• Across the five-year window, Operating Expenses soared 30.56% in 2022 and declined 13.76% in 2025, its largest moves.
• Year by year, Operating Expenses stood at $167.1 million in 2022, then rose by 5.41% to $176.1 million in 2023, then declined by 1.94% to $172.7 million in 2024, then retreated by 13.76% to $148.9 million in 2025, then retreated by 12.12% to $130.9 million in 2026.
• Per Business Quant data, the three most recent Operating Expenses figures were $130.9 million in Q1 2026, $148.9 million in Q4 2025, and $151.5 million in Q3 2025.