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
DateValue
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