Meritage Homes (MTH) Research & Development (2010 - 2026)
Meritage Homes' (MTH) quarterly Research & Development came in at $79.5 million in Q1 2026, down 16.1% year-on-year from $94.7 million in Q1 2025, and down 21.42% on a QoQ basis from $101.1 million in Q4 2025.
Meritage Homes (MTH) Research & Development (2010 - 2026) Analysis & Trends
Meritage Homes (MTH) has 17 years of Research & Development data on file, last reported at $79.5 million in Q1 2026.
- On a quarterly basis, Research & Development fell 16.1% year-over-year to $79.5 million in Q1 2026; TTM through Mar 2026 was $389.2 million, a 3.25% decrease from a year earlier, with the FY2025 full-year figure at $404.4 million, down 1.14% from the prior year.
- Research & Development for Q1 2026 stood at $79.5 million, down from $101.1 million in the prior quarter.
- Over the last five years, Research & Development for MTH reached as high as $110.5 million in Q4 2022 and fell as low as $65.5 million in Q1 2022.
- Historically, Research & Development has averaged $94.2 million across 5 years, with a median of $99.1 million in 2023.
- Across the five-year window, Research & Development soared 47.64% in 2022 and declined 16.1% in 2026, its largest moves.
- Year by year, Research & Development stood at $110.5 million in 2022, then decreased by 3.0% to $107.1 million in 2023, then retreated by 2.04% to $105.0 million in 2024, then fell by 3.64% to $101.1 million in 2025, then fell by 21.42% to $79.5 million in 2026.
- Per Business Quant data, the three most recent Research & Development figures were $79.5 million in Q1 2026, $101.1 million in Q4 2025, and $99.7 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 40.90 Bn | 39.56 Bn | 2.15 Bn | - |
| 2 | Pultegroup | 23.36 Bn | 22.03 Bn | 3.92 Bn | - |
| 3 | Lennar | 19.77 Bn | 19.63 Bn | 7.69 Bn | - |
| 4 | Nvr | 17.18 Bn | 15.54 Bn | 1.31 Bn | - |
| 5 | Toll Brothers | 15.08 Bn | 13.99 Bn | 604.89 Mn | - |
| 6 | Taylor Morrison Home | 6.96 Bn | 6.31 Bn | 290.64 Mn | 89.88 Mn |
| 7 | Installed Building Products | 5.97 Bn | 5.50 Bn | 212.30 Mn | - |
| 8 | Meritage Homes | 4.78 Bn | 4.01 Bn | 68.61 Mn | 79.47 Mn |
| 9 | Champion Homes | 4.47 Bn | 3.81 Bn | 172.19 Mn | - |
| 10 | M | 4.43 Bn | 3.66 Bn | 202.59 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 79.47 Mn |
| Dec 31, 2025 | 101.13 Mn |
| Sep 30, 2025 | 99.72 Mn |
| Jun 30, 2025 | 108.83 Mn |
| Mar 31, 2025 | 94.72 Mn |
| Dec 31, 2024 | 104.96 Mn |
| Sep 30, 2024 | 97.90 Mn |
| Jun 30, 2024 | 104.67 Mn |
| Mar 31, 2024 | 101.55 Mn |
| Dec 31, 2023 | 107.15 Mn |
| Sep 30, 2023 | 99.12 Mn |
| Jun 30, 2023 | 95.80 Mn |
| Mar 31, 2023 | 82.85 Mn |
| Dec 31, 2022 | 110.46 Mn |
| Sep 30, 2022 | 77.88 Mn |
| Jun 30, 2022 | 69.38 Mn |
| Mar 31, 2022 | 65.54 Mn |
| Dec 31, 2021 | 74.82 Mn |
| Sep 30, 2021 | 68.95 Mn |
| Jun 30, 2021 | 73.89 Mn |