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

Meritage Homes (MTH) has reported Operating Income for 17 consecutive years, with $110.0 million the latest figure, recorded in Q2 2026.

• On a quarterly basis, Operating Income fell 37.99% year-over-year to $110.0 million in Q2 2026; TTM through Jun 2026 was $371.0 million, a 51.25% decrease from a year earlier, with the FY2025 full-year figure at $521.8 million, down 44.72% from the prior year.
• Operating Income was $110.0 million for Q2 2026 at Meritage Homes, up from $62.9 million in the prior quarter.
• Over five years, Operating Income peaked at $332.6 million in Q4 2022 and troughed at $62.9 million in Q1 2026.
• A 5-year average of $211.0 million and a median of $227.5 million in 2023 frame the typical range for Operating Income.
• Across the five-year window, Operating Income soared 75.16% in 2022 and tumbled 58.84% in 2025, its largest moves.
• Over 5 years, Operating Income stood at $332.6 million in 2022, then retreated by 27.98% to $239.6 million in 2023, then declined by 16.33% to $200.4 million in 2024, then plunged by 58.84% to $82.5 million in 2025, then soared by 33.27% to $110.0 million in 2026.
• The last three Operating Income figures came in at $110.0 million (Q2 2026), $62.9 million (Q1 2026), and $82.5 million (Q4 2025), per Business Quant data.