Pultegroup (PHM) Operating Expenses (2009 - 2026)
Pultegroup's (PHM) quarterly Operating Expenses came in at $383.0 million in Q2 2026, down 1.92% year-over-year from $390.5 million in Q2 2025, and up 0.69% quarter-over-quarter from $380.3 million in Q1 2026.
Analysis
Pultegroup (PHM) Operating Expenses (2009 - 2026) Analysis & Trends
Pultegroup has disclosed Operating Expenses across 18 years of filings, most recently posting $383.0 million for Q2 2026.
- In Q2 2026, Operating Expenses fell 1.92% year-over-year to $383.0 million; the TTM figure through Jun 2026 stood at $1.6 billion (up 12.05% YoY), while the FY2025 annual figure was $1.6 billion, up 19.12% from the prior year.
- Operating Expenses came in at $383.0 million for Q2 2026 at Pultegroup, up 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.
- Average Operating Expenses over 5 years is $352.9 million, with a median of $355.4 million recorded in 2023.
- Year-over-year, Operating Expenses sank 36.55% in 2024 and soared 99.07% in 2025.
- Over 5 years, Operating Expenses stood at $350.8 million in 2022, then retreated by 12.12% to $308.3 million in 2023, then slumped by 36.55% to $195.6 million in 2024, then surged by 99.07% to $389.5 million in 2025, then retreated by 1.67% to $383.0 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $383.0 million in Q2 2026, $380.3 million in Q1 2026, and $389.5 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 39.14 Bn | 37.01 Bn | 2.15 Bn | 991.20 Mn |
| 2 | Pultegroup | 22.45 Bn | 21.07 Bn | 1.06 Bn | 382.97 Mn |
| 3 | Lennar | 19.43 Bn | 17.25 Bn | 7.69 Bn | 7.54 Bn |
| 4 | Nvr | 16.68 Bn | 15.59 Bn | 485.14 Mn | 150.72 Mn |
| 5 | Toll Brothers | 12.67 Bn | 11.61 Bn | 625.22 Mn | 266.07 Mn |
| 6 | Taylor Morrison Home | 6.77 Bn | 6.12 Bn | 290.64 Mn | 148.85 Mn |
| 7 | Meritage Homes | 4.20 Bn | 3.39 Bn | 254.14 Mn | 144.19 Mn |
| 8 | M | 3.64 Bn | 2.91 Bn | 235.50 Mn | 958.69 Mn |
| 9 | Kb Home | 3.06 Bn | 3.00 Bn | 174.03 Mn | 140.55 Mn |
| 10 | Green Brick Partners | 2.95 Bn | 2.82 Bn | 157.52 Mn | 54.40 Mn |
Historic Data
Download Data
Historic 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 |