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Meritage Homes MTH Home closings — Revenue
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Where this comes from
Reported directly by Meritage Homes in its filing.
Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
The source filing: Meritage Homes’s 10-Q, filed April 24, 2026.
- Filed
- Apr 24, 2026, 4:20 PM EDT
- Fiscal quarter
- Q1 FY2026
- Calendar quarter
- Q1 2026
- Accession
- 0000833079-26-000105
| Line item | Three Months Ended March 31, 2026 | Three Months Ended March 31, 2025 |
|---|---|---|
| Homebuilding: | ||
| Home closing revenue | $1,107,822 | $1,342,104 |
| Land closing revenue | 9,361 | 15,421 |
| Total closing revenue | 1,117,183 | 1,357,525 |
| Cost of home closings | (914,024) | (1,046,454) |
| Cost of land closings | (9,630) | (12,256) |
| Total cost of closings | (923,654) | (1,058,710) |
| Home closing gross profit | 193,798 | 295,650 |
Item 1. Financial Statements
FAQ
- What is Meritage Homes's home closings — revenue?
- Meritage Homes (MTH) reported home closings — revenue of $1.11B in Q1 2026.
- How has Meritage Homes's home closings — revenue changed year-over-year?
- Meritage Homes's home closings — revenue decreased by 17.5% year-over-year, from $1.34B to $1.11B.
- What is the long-term trend for Meritage Homes's home closings — revenue?
- Over 4 years (2021 to 2025), Meritage Homes's home closings — revenue has grown at a 3.1% compound annual growth rate (CAGR), from $5.09B to $5.76B.
- What does home closings — revenue mean?
- This metric represents the total revenue recognized from the final sale and transfer of title of residential homes to customers within a specific reporting period. It serves as the primary indicator of the company's homebuilding sales volume and market demand for its housing inventory. Tracking this figure allows investors to assess the scale of the company's core operational activity and its ability to convert construction projects into realized income.
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