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Meritage Homes MTH Homebuilding — 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 homebuilding — revenue?
- Meritage Homes (MTH) reported homebuilding — revenue of $1.12B in Q1 2026.
- How has Meritage Homes's homebuilding — revenue changed year-over-year?
- Meritage Homes's homebuilding — revenue decreased by 17.7% year-over-year, from $1.36B to $1.12B.
- What is the long-term trend for Meritage Homes's homebuilding — revenue?
- Over 4 years (2021 to 2025), Meritage Homes's homebuilding — revenue has grown at a 3.3% compound annual growth rate (CAGR), from $5.12B to $5.82B.
- What does homebuilding — revenue mean?
- This represents the total income generated from the sale of homes and related services within the homebuilding segment. It reflects the scale of the company's housing operations and market demand for its residential products. Tracking this metric helps investors assess the segment's growth trajectory and market share expansion.
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