Meritage Homes Corporation Reports Third Quarter 2026 Financial Results

Meritage Homes reported third-quarter 2026 revenue of $1.168 billion, down 17.5% from $1.415 billion a year earlier. GAAP earnings fell to $67.78 million, or $1.04 per share, from $99.30 million, or $1.39 per share; adjusted earnings were $72.49 million, or $1.11 per share, below the FactSet estimate of $1.16. Home closing revenue declined 17%, orders fell 15%, and home closing gross margin contracted 170 basis points to 17.4%. The article did not report a stock-price movement.