Pultegroup (PHM) Operating Expenses (2009 - 2026)

Pultegroup (PHM) reported Operating Expenses of $383.0 million for Q2 2026, down 1.92% on a YoY basis from $390.5 million in Q2 2025, and up 0.69% sequentially from $380.3 million in Q1 2026.

Pultegroup (PHM) Operating Expenses (2009 - 2026) Analysis & Trends

Pultegroup (PHM) has 18 years of Operating Expenses data on file, last reported at $383.0 million in Q2 2026.

  • For the quarter ending Q2 2026, Operating Expenses fell 1.92% year-over-year to $383.0 million; the trailing twelve-month figure through Jun 2026 stood at $1.6 billion (up 12.05% YoY), and the FY2025 full-year result was $1.6 billion, up 19.12% from the prior year.
  • Operating Expenses grew to $383.0 million in Q2 2026, from $380.3 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $406.9 million in Q3 2024 to a low of $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.
  • Across the five-year window, Operating Expenses plunged 36.55% in 2024 and surged 99.07% in 2025, its largest moves.
  • Tracing PHM's Operating Expenses over 5 years: stood at $350.8 million in 2022, then fell by 12.12% to $308.3 million in 2023, then sank by 36.55% to $195.6 million in 2024, then jumped by 99.07% to $389.5 million in 2025, then fell by 1.67% to $383.0 million in 2026.
  • Business Quant data shows PHM's Operating Expenses at $383.0 million in Q2 2026, $380.3 million in Q1 2026, and $389.5 million in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Horton D R 40.90 Bn 39.56 Bn 2.15 Bn 991.20 Mn
2 Pultegroup 23.36 Bn 22.03 Bn 3.92 Bn 382.97 Mn
3 Lennar 19.77 Bn 19.63 Bn 7.69 Bn 7.54 Bn
4 Nvr 17.18 Bn 15.54 Bn 1.31 Bn 156.97 Mn
5 Toll Brothers 15.08 Bn 13.99 Bn 604.89 Mn 258.25 Mn
6 Taylor Morrison Home 6.96 Bn 6.31 Bn 290.64 Mn 148.85 Mn
7 Installed Building Products 5.97 Bn 5.50 Bn 212.30 Mn 154.70 Mn
8 Meritage Homes 4.78 Bn 4.01 Bn 68.61 Mn 130.87 Mn
9 Champion Homes 4.47 Bn 3.81 Bn 172.19 Mn 109.73 Mn
10 M 4.43 Bn 3.66 Bn 202.59 Mn 831.54 Mn

Historic Data

Download Data
DateValue
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