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Hovnanian Enterprises, Inc. HOV Financial Services — Cost of Goods Sold
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Where this comes from
Reported directly by Hovnanian Enterprises, Inc. in its filing.
Tagged under the XBRL concept us-gaap:CostOfGoodsAndServicesSold.
The source filing: Hovnanian Enterprises, Inc.’s 10-Q, filed June 2, 2026.
- Filed
- Jun 2, 2026, 4:11 PM EDT
- Fiscal quarter
- Q2 FY2026
- Calendar quarter
- Q2 2026
- Accession
- 0001753926-26-000964
| (In thousands) | Northeast | Southeast | West | Financial Services | Total |
|---|---|---|---|---|---|
| Financial services revenues | - | - | - | 23,398 | 23,398 |
| All other revenues (1) | 35,369 | 33 | 2,411 | - | 37,813 |
| Total revenues | 252,083 | 73,226 | 316,692 | 23,398 | 665,399 |
| Cost of sales (2) | 191,756 | 67,787 | 295,955 | - | 555,498 |
| Selling, general and administrative | 16,294 | 9,560 | 22,142 | - | 47,996 |
| Financial services expenses | - | - | - | 13,361 | 13,361 |
| Other segment items (3) | 3,023 | 933 | 9,918 | - | 13,874 |
| Total segment profit (loss) | $$41,010 | $(5,054) | $(11,323) | $10,037 | 34,670 |
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FAQ
- What is Hovnanian Enterprises, Inc.'s financial services — cost of goods sold?
- Hovnanian Enterprises, Inc. (HOV) reported financial services — cost of goods sold of $0 in Q1 2026.
- What does financial services — cost of goods sold mean?
- Represents the direct costs incurred by the financial services segment to generate its revenue, such as loan processing fees, underwriting costs, and secondary market execution expenses. Tracking this metric is essential for calculating the segment's gross margin and operational efficiency. Lower costs relative to revenue indicate a more efficient financial services delivery model.
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