10-Q quarterly report · filed Mar 2, 2026

HOVNANIAN ENTERPRISES INC (HOV) Q1 2026 10-Q Quarterly Report

Short answer

HOVNANIAN ENTERPRISES INC (HOV) filed its Q1 2026 10-Q quarterly report on Mar 2, 2026 for the quarter ended Jan 31, 2026. Quarterly revenue was $632M (down 6.2% year over year) with net income of $18M.

Q1 2026 key financials · XBRL

Revenue
$632M
−6.2% YoY
Net income
$18M
−28.1% YoY
EPS (diluted)
$2.62
−26.8% YoY

Source: XBRL data from the HOVNANIAN ENTERPRISES INC (HOV) Q1 2026 10-Q on SEC EDGAR. USD.

HOVNANIAN ENTERPRISES INC Q1 2026 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Total revenue $632.0M, down 6.2% YoY from $673.6M
  • Gross margin 10.1% vs 15.2%; pretax income $28.7M vs $39.9M
  • Best segment Southeast revenue $74.3M, up 44.0%; worst West revenue $262.1M, down 18.1% and pretax loss $11.4M
  • Cash deployment $180.7M domestic land spending and $9.0M share repurchases; liquidity $471.4M
  • High mortgage rates, affordability pressure, inflation, tariffs, recession risk and potential rate increases cloud fiscal 2026 outlook

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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