Hovnanian Enterprises (HOV) Financial Statements & Analysis

Hovnanian Enterprises (HOV) Income Statement

Hovnanian Enterprises reported revenue of $2.98B in fiscal 2025 (fiscal year ended Oct 31, 2025), down 0.9% from $3.00B a year earlier. Net income was $63.87M, down 73.6% year over year, a net margin of 2.1%. Gross margin was 14.1% and operating margin 2.4%. In the most recent quarter, Q3 fiscal 2026 (ended Jul 31, 2026), revenue was $705.75M, down 11.8% from the same quarter a year earlier.

Hovnanian Enterprises Income Statement Analysis

Values in billions USD

Income Statement Balance Sheet Cash Flow Ratios

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Hovnanian Enterprises, Inc. income statement - Annual data in billions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Oct 2025	Oct 2024	Oct 2023	Oct 2022	Oct 2021	Oct 2020	Oct 2019	Oct 2018	Oct 2017
Revenue & Gross Profit
Revenue	2.98	3.00	2.76	2.92	2.78	2.34	2.02	1.99	2.45
Cost of Revenue	2.56	2.40	2.13	2.22	2.24	1.97	1.72	1.67	2.10
Gross Profit	0.42	0.60	0.62	0.69	0.54	0.37	0.30	0.33	0.35
Operating Expenses
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	0.35	0.34	0.30	0.30	0.28	0.24	0.23	0.23	0.26
Operating Expenses	0.35	0.34	0.36	0.34	0.28	0.37	0.23	0.23	0.26
Operating Income	0.07	0.26	0.26	0.35	0.26	0.00	0.09	0.12	0.08
Other Income/Expense
Interest Income	0.00	0.00	0.04	0.03	0.00	0.00	0.00	0.00	0.00
Interest Expense	0.04	0.03	-0.05	-0.05	0.08	0.10	0.09	0.10	0.10
Other Income/Expense	0.05	0.06	-0.04	-0.03	-0.07	0.06	-0.10	-0.09	-0.14
Income
Income Before Tax	0.09	0.32	0.26	0.32	0.19	0.06	-0.04	0.01	-0.05
Income Tax Expense	0.02	0.08	0.05	0.09	-0.42	0.00	0.00	0.00	0.29
Net Income	0.06	0.24	0.20	0.21	0.61	0.05	-0.04	0.00	-0.33
Net Income - Continuous Operations	0.06	0.24	0.21	0.23	0.61	0.05	-0.04	0.00	-0.33
Net Income - Discontinued Operations	-	-	-	-	-	-	-	-	-
EBITDA	0.14	0.36	0.28	0.36	0.27	0.16	0.07	0.10	0.05
EBIT	0.12	0.26	0.27	0.36	0.27	-	-	-	-
Depreciation & Amortization	0.01	0.01	0.01	0.01	0.01	0.01	0.00	0.00	0.00
Earnings Per Share
Basic EPS	8.00	34.00	29.00	30.00	88.00	7.00	-7.00	1.00	-56.00
Diluted EPS	7.00	32.00	27.00	29.00	86.00	7.00	-7.00	1.00	-56.00
Basic Shares Outstanding	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01
Diluted Shares Outstanding	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01

Source: Company financial statements from annual and quarterly filings. Data as of Jul 31, 2026. Data sources and methodology

Frequently Asked Questions About Hovnanian Enterprises Financial Statements

What was Hovnanian Enterprises's revenue in fiscal 2025?

Hovnanian Enterprises reported revenue of $2.98B in fiscal 2025 (fiscal year ended Oct 31, 2025). That was down 0.9% from $3.00B a year earlier.

Is Hovnanian Enterprises profitable?

Yes. Hovnanian Enterprises earned net income of $63.87M in fiscal 2025, a net margin of 2.1%. In fiscal 2024 it earned $242.01M.

What is Hovnanian Enterprises's operating margin?

Hovnanian Enterprises's operating income was $70.83M on revenue of $2.98B in fiscal 2025, an operating margin of 2.4%, compared with 8.6% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition