Meritage Homes Reports Q1 2026 Earnings with Lower Margins and Sales
Meritage Homes (MTH) reported Q1 2026 sales orders of 3,664, a 5% decline, with home closing revenue of $1.1 billion and a gross margin of 17.5%, down 400 basis points. The company cited weather disruptions, inflation, and higher incentives as factors impacting results, while expanding its active communities to a record 345.
Tickers: $MTH
Topics: Dividend Earnings Gross Margin Home Closings Market Conditions Repurchase Sales Orders