Meritage Homes (MTH) Research & Development (2010 - 2026)
Meritage Homes (MTH) posted quarterly Research & Development of $91.8 million for Q2 2026, down 15.64% year-over-year from $108.8 million in Q2 2025, and up 15.52% on a QoQ basis from $79.5 million in Q1 2026.
Meritage Homes (MTH) Research & Development (2010 - 2026) Analysis & Trends
Meritage Homes has reported Research & Development for 17 years, with the latest figure at $91.8 million in Q2 2026.
- Research & Development for Q2 2026 came in at $91.8 million, down 15.64% year-over-year; the trailing twelve-month figure through Jun 2026 was $372.1 million (down 8.43% YoY), and the FY2025 annual result was $404.4 million, down 1.14% from the prior year.
- Research & Development advanced to $91.8 million in Q2 2026, from $79.5 million in the prior quarter.
- Over five years, Research & Development peaked at $110.5 million in Q4 2022 and troughed at $65.5 million in Q1 2022.
- A 5-year average of $94.1 million and a median of $98.5 million in 2023 frame the typical range for Research & Development.
- The widest annual swing landed in 2022, when Research & Development soared 47.64%; it then declined 16.1% in 2026.
- A 5-year view of Research & Development shows it stood at $110.5 million in 2022, then fell by 3.0% to $107.1 million in 2023, then declined by 2.04% to $105.0 million in 2024, then dropped by 3.64% to $101.1 million in 2025, then slipped by 9.22% to $91.8 million in 2026.
- Per Business Quant data, the three most recent Research & Development figures were $91.8 million in Q2 2026, $79.5 million in Q1 2026, and $101.1 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 41.75 Bn | 39.61 Bn | 2.15 Bn | - |
| 2 | Pultegroup | 24.22 Bn | 22.84 Bn | 1.06 Bn | - |
| 3 | Lennar | 20.63 Bn | 18.45 Bn | 7.69 Bn | - |
| 4 | Nvr | 17.05 Bn | 15.96 Bn | 485.14 Mn | - |
| 5 | Toll Brothers | 13.82 Bn | 12.72 Bn | 604.89 Mn | - |
| 6 | Taylor Morrison Home | 6.77 Bn | 6.12 Bn | 290.64 Mn | 89.88 Mn |
| 7 | Installed Building Products | 6.51 Bn | 6.12 Bn | 258.90 Mn | - |
| 8 | Champion Homes | 5.01 Bn | 4.37 Bn | - | - |
| 9 | Meritage Homes | 4.69 Bn | 3.88 Bn | 254.14 Mn | 91.81 Mn |
| 10 | Cavco Industries | 4.53 Bn | 4.28 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 91.81 Mn |
| 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 |