For the quarter ending 2026-03-31.
| Income Statement | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Home Building | - | 1,455,897* | 1,399,335 | - |
| Land | - | 12,634* | 16,068 | - |
| Revenue | 1,117,183 | 1,468,531* | 1,415,403 | - |
| Home Building | 914,024 | 1,230,271* | 1,132,378 | - |
| Land | 9,630 | 11,398* | 15,876 | - |
| Cost of closings | 923,654 | 1,241,669* | 1,148,254 | - |
| Gross profit-Real Estate | 193,529 | 226,862* | 267,149 | 340,609 |
| Revenue | 6,285 | 6,375* | 8,460 | 9,425 |
| Expense | 3,623 | 4,112* | 4,311 | 4,656 |
| Earnings from financial services unconsolidated entities and other, net | 831 | 1,219* | 331 | 842 |
| Gross profit-Financial Service | 3,493 | 3,482* | 4,480 | 5,611 |
| Commissions and other sales costs | 79,472 | 91,577* | 99,722 | 108,830 |
| General and administrative expenses | 51,402 | 51,307* | 51,787 | 55,183 |
| Interest expense | 587 | 0* | 0 | 0 |
| Other income, net | 6,963 | 15,674* | 8,128 | 10,853 |
| Loss on early extinguishment of debt | - | 0* | - | - |
| Earnings before income taxes | 72,524 | 103,133 | 128,248 | 193,060 |
| Provision for income taxes | 17,215 | 19,102 | 28,951 | 46,181 |
| Net earnings | 55,309 | 84,031 | 99,297 | 146,879 |
| Basic EPS | 0.82 | 1.214 | 1.4 | 2.06 |
| Diluted EPS | 0.82 | 1.206 | 1.39 | 2.04 |
| Basic Average Shares | 67,367,000 | 69,225,000 | 70,680,000 | 71,456,000 |
| Diluted Average Shares | 67,806,000 | 69,654,000 | 71,188,000 | 71,900,000 |
Meritage Homes CORP (MTH)
Meritage Homes CORP (MTH)