Pultegroup (PHM) Operating Expenses (2009 - 2026)
Pultegroup (PHM) posted Operating Expenses of $383.0 million for Q2 2026, up 0.69% sequentially from $380.3 million in Q1 2026, and down 1.92% YoY from $390.5 million in Q2 2025.
Pultegroup (PHM) Operating Expenses (2009 - 2026) Analysis & Trends
Pultegroup has reported Operating Expenses for 18 years, with the latest figure at $383.0 million in Q2 2026.
- Quarterly Operating Expenses fell 1.92% year-over-year to $383.0 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $1.6 billion (up 12.05% YoY) and the FY2025 annual result came in at $1.6 billion, up 19.12% from the prior year.
- Operating Expenses grew to $383.0 million in Q2 2026 per PHM's latest filing, from $380.3 million in the prior quarter.
- Over five years, Operating Expenses peaked at $406.9 million in Q3 2024 and troughed at $195.6 million in Q4 2024.
- A 5-year average of $352.9 million and a median of $355.4 million in 2023 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2024 and 2025: Operating Expenses slumped 36.55% in 2024, then jumped 99.07% in 2025.
- Over 5 years, Operating Expenses stood at $350.8 million in 2022, then slipped by 12.12% to $308.3 million in 2023, then plunged by 36.55% to $195.6 million in 2024, then jumped by 99.07% to $389.5 million in 2025, then slipped by 1.67% to $383.0 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $383.0 million, $380.3 million, and $389.5 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 41.75 Bn | 39.61 Bn | 2.15 Bn | 991.20 Mn |
| 2 | Pultegroup | 24.22 Bn | 22.84 Bn | 1.06 Bn | 382.97 Mn |
| 3 | Lennar | 20.63 Bn | 18.45 Bn | 7.69 Bn | 7.54 Bn |
| 4 | Nvr | 17.05 Bn | 15.96 Bn | 485.14 Mn | 150.72 Mn |
| 5 | Toll Brothers | 13.82 Bn | 12.72 Bn | 604.89 Mn | 258.25 Mn |
| 6 | Taylor Morrison Home | 6.77 Bn | 6.12 Bn | 290.64 Mn | 148.85 Mn |
| 7 | Installed Building Products | 6.51 Bn | 6.12 Bn | 258.90 Mn | 164.30 Mn |
| 8 | Champion Homes | 5.01 Bn | 4.37 Bn | - | - |
| 9 | Meritage Homes | 4.69 Bn | 3.88 Bn | 254.14 Mn | 144.19 Mn |
| 10 | Cavco Industries | 4.53 Bn | 4.28 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 382.97 Mn |
| Mar 31, 2026 | 380.33 Mn |
| Dec 31, 2025 | 389.46 Mn |
| Sep 30, 2025 | 400.68 Mn |
| Jun 30, 2025 | 390.45 Mn |
| Mar 31, 2025 | 393.34 Mn |
| Dec 31, 2024 | 195.64 Mn |
| Sep 30, 2024 | 406.90 Mn |
| Jun 30, 2024 | 361.15 Mn |
| Mar 31, 2024 | 357.59 Mn |
| Dec 31, 2023 | 308.32 Mn |
| Sep 30, 2023 | 353.17 Mn |
| Jun 30, 2023 | 314.64 Mn |
| Mar 31, 2023 | 336.52 Mn |
| Dec 31, 2022 | 350.83 Mn |
| Sep 30, 2022 | 350.11 Mn |
| Jun 30, 2022 | 351.26 Mn |
| Mar 31, 2022 | 329.02 Mn |
| Dec 31, 2021 | 344.22 Mn |
| Sep 30, 2021 | 320.51 Mn |