Meritage Homes Operating Expenses Growth & History (MTH)
Meritage Homes's operating expenses was $616.2M for fiscal 2025.
View full Meritage Homes company overviewMeritage Homes annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $616.2M | −$23.8M | −3.71% |
| 2024 | 2024-12-31 | $639.9M | $23.3M | +3.78% |
| 2023 | 2023-12-31 | $616.6M | $100.4M | +19.44% |
| 2022 | 2022-12-31 | $516.3M | — | — |
| 2014 | 2014-12-31 | $228.1M | $41.1M | +21.97% |
| 2013 | 2013-12-31 | $187.0M | $46.6M | +33.20% |
| 2012 | 2012-12-31 | $140.4M | $22.2M | +18.81% |
| 2011 | 2011-12-31 | $118.2M | $2.0M | +1.73% |
| 2010 | 2010-12-31 | $116.2M | — | — |
Meritage Homes quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $144.2M | −$19.8M | −12.09% |
| Q1 2026 | 2026-03-31 | $130.9M | — | — |
| Q4 2025 | 2025-12-31 | $148.9M | — | — |
| Q3 2025 | 2025-09-30 | $151.5M | — | — |
| Q2 2025 | 2025-06-30 | $164.0M | — | — |
| Q4 2014 | 2014-12-31 | $68.2M | $16.3M | +31.40% |
| Q3 2014 | 2014-09-30 | $59.9M | $10.7M | +21.79% |
| Q2 2014 | 2014-06-30 | $53.3M | $7.2M | +15.59% |
| Q1 2014 | 2014-03-31 | $46.6M | $6.9M | +17.29% |
| Q4 2013 | 2013-12-31 | $51.9M | $12.7M | +32.30% |
| Q3 2013 | 2013-09-30 | $49.2M | $11.5M | +30.41% |
| Q2 2013 | 2013-06-30 | $46.1M | $11.6M | +33.52% |
| Q1 2013 | 2013-03-31 | $39.8M | $10.9M | +37.69% |
| Q4 2012 | 2012-12-31 | $39.2M | — | — |
| Q3 2012 | 2012-09-30 | $37.7M | $7.0M | +22.81% |
| Q2 2012 | 2012-06-30 | $34.5M | $5.4M | +18.33% |
| Q1 2012 | 2012-03-31 | $28.9M | — | — |
| Q3 2011 | 2011-09-30 | $30.7M | — | — |
| Q2 2011 | 2011-06-30 | $29.2M | — | — |
Meritage Homes operating expenses trends
Between the periods ended 2010-12-31 and 2025-12-31, Meritage Homes's operating expenses increased from $116.2M to $616.2M, a change of $500.0M. The latest reported quarter, Q2 2026, shows $144.2M.
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Meritage Homes source filings ↗