Meritage Homes Q3 2026 net earnings fall 32% year over year to $67.78 million

• Meritage Homes’ third-quarter 2026 net earnings fell 32% year-over-year to $67.78 million, mainly due to lower home closing revenue and gross profit.
• Home closing revenue dropped 17% year-over-year to $1.16 billion, with closings declining 14% to 3,187 homes.
• Orders slid 15% year-over-year to 3,083 homes, reflecting a lower average absorption pace, partially offset by increased average community count.
• Management prioritized preserving margins over a higher sales pace and expects market conditions to remain unpredictable over the next several quarters.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Meritage Homes Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000833079-26-000133), on October 28, 2026, and is solely responsible for the information contained therein.