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Hovnanian Enterprises, Inc. HOV Home Building — Deferred Revenue

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Other financials

Income statement

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Revenue$667.6M-2.7%
Net income-$284.0K-101%
EPS (diluted)-$0.46-119%

Balance sheet

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Cash & equivalents$8.8M-28.5%
Total debt$942.7M+6.2%
Total equity$824.9M+0.6%
Total assets$2.8B+10.8%

Cash flow

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Operating cash flow$140.9M+352%
CapEx$3.4M-46.9%
Free cash flow$132.1M+322%

Valuation

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Market cap$807.34M+3.6%
Enterprise value$1.74B+5.2%
P/E21.7×+16.8×
P/S0.3×0.0×

Profitability

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Net margin1.3%-5.8pp
FCF margin12.2%+10.9pp

Returns & leverage

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Return on equity4.5%-24.8pp
Debt / equity1.1×+0.1×

Where this comes from

Reported directly by Hovnanian Enterprises, Inc. in its filing.

Tagged under the XBRL concept us-gaap:ContractWithCustomerLiability.

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
Line itemApril 30, 2026October 31, 2025
Homebuilding:
Nonrecourse mortgages secured by inventory, net of debt issuance costs$32,704$29,494
Accounts payable and other liabilities457,147438,920
Customers’ deposits206,14246,376
Liabilities from inventory not owned, net of debt issuance costs253,441244,723
Senior notes and credit facilities (net of discounts, premiums and debt issuance costs)901,899900,718
Accrued interest12,87511,874
Total homebuilding1,864,2081,672,105

Document

FAQ

What is Hovnanian Enterprises, Inc.'s home building — deferred revenue?
Hovnanian Enterprises, Inc. (HOV) reported home building — deferred revenue of $206.14M in Q1 2026.
How has Hovnanian Enterprises, Inc.'s home building — deferred revenue changed year-over-year?
Hovnanian Enterprises, Inc.'s home building — deferred revenue increased by 351.5% year-over-year, from $45.66M to $206.14M.
What does home building — deferred revenue mean?
Represents deferred revenue or deposits received from homebuyers for projects that have not yet met the criteria for revenue recognition. This metric provides insight into the segment's sales backlog and future revenue visibility based on signed purchase agreements.

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