StocksMedium•28 October 2026•
1 min read
Meritage Homes Reports $1.2 Billion in Home Closing Revenue for Q3 2026
Key Facts
1Meritage Homes, the fifth-largest U.S. homebuilder, reported its third quarter results for the period ended September 30, 2026.
Meritage Homes reported its financial results for the third quarter ended September 30, 2026, generating $1.2 billion in home closing revenue. According to a statement released via GlobeNewswire, the company achieved an adjusted home closing gross margin of 17.9%, excluding $6.0 million in real estate inventory impairments and terminated land deal charges.
Selling, general, and administrative expenses as a percentage of home closing revenue stood at 11.0%, remaining nearly in line with the prior year period. MTH closed at $63.94 on October 27, 2026, having traded between a high of $63.96 and a low of $62.41 during that session.