Hovnanian Enterprises, Inc. HOV Home Building — Cost of Goods Sold

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Questions, answered.

What is Hovnanian Enterprises, Inc.'s home building — cost of goods sold?

Hovnanian Enterprises, Inc. (HOV) reported home building — cost of goods sold of $555.78M in Q1 2026.

How has Hovnanian Enterprises, Inc.'s home building — cost of goods sold changed year-over-year?

Hovnanian Enterprises, Inc.'s home building — cost of goods sold decreased by 1.9% year-over-year, from $566.28M to $555.78M.

What is the long-term trend for Hovnanian Enterprises, Inc.'s home building — cost of goods sold?

Over 3 years (2022 to 2025), Hovnanian Enterprises, Inc.'s home building — cost of goods sold has grown at a 3.8% compound annual growth rate (CAGR), from $2.24B to $2.5B.

What does home building — cost of goods sold mean?

This represents the total direct costs incurred to design, construct, and deliver homes, including materials, labor, and capitalized interest. It is a primary measure of the direct production efficiency of the homebuilding segment. Analyzing this metric relative to revenue provides insight into the gross margin performance and cost control capabilities of the homebuilding operations.