Meritage Homes (MTH) Research & Development (2010 - 2026)
Meritage Homes' (MTH) quarterly Research & Development came in at $91.8 million in Q2 2026, down 15.64% year-over-year from $108.8 million in Q2 2025, and up 15.52% quarter-over-quarter from $79.5 million in Q1 2026.
Analysis
Meritage Homes (MTH) Research & Development (2010 - 2026) Analysis & Trends
Meritage Homes (MTH) has reported Research & Development for 17 consecutive years, with $91.8 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Research & Development fell 15.64% year-over-year to $91.8 million in Q2 2026; TTM through Jun 2026 was $372.1 million, a 8.43% decrease from a year earlier, with the FY2025 full-year figure at $404.4 million, down 1.14% from the prior year.
- Research & Development was $91.8 million for Q2 2026 at Meritage Homes, up 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.
- Across the five-year window, Research & Development jumped 47.64% in 2022 and fell 16.1% in 2026, its largest moves.
- Over 5 years, Research & Development stood at $110.5 million in 2022, then dropped by 3.0% to $107.1 million in 2023, then slipped by 2.04% to $105.0 million in 2024, then decreased by 3.64% to $101.1 million in 2025, then retreated by 9.22% to $91.8 million in 2026.
- The last three Research & Development figures came in at $91.8 million (Q2 2026), $79.5 million (Q1 2026), and $101.1 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 39.14 Bn | 37.01 Bn | 2.15 Bn | - |
| 2 | Pultegroup | 22.45 Bn | 21.07 Bn | 1.06 Bn | - |
| 3 | Lennar | 19.43 Bn | 17.25 Bn | 7.69 Bn | - |
| 4 | Nvr | 16.68 Bn | 15.59 Bn | 485.14 Mn | - |
| 5 | Toll Brothers | 12.67 Bn | 11.61 Bn | 625.22 Mn | - |
| 6 | Taylor Morrison Home | 6.77 Bn | 6.12 Bn | 290.64 Mn | 89.88 Mn |
| 7 | Meritage Homes | 4.20 Bn | 3.39 Bn | 254.14 Mn | 91.81 Mn |
| 8 | M | 3.64 Bn | 2.91 Bn | 235.50 Mn | - |
| 9 | Kb Home | 3.06 Bn | 3.00 Bn | 174.03 Mn | - |
| 10 | Green Brick Partners | 2.95 Bn | 2.82 Bn | 157.52 Mn | - |
Historic Data
Download Data
Historic 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 |