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Hovnanian Enterprises, Inc. HOV Northeast — Cost of Goods Sold

Other geography segments

West
$295.96M+1.9%
Southeast
$67.79M+1.3%

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Other financials

Income statement

See full
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

See full
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: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)NortheastSoutheastWestFinancial ServicesTotal
Financial services revenues---23,39823,398
All other revenues (1)35,369332,411-37,813
Total revenues252,08373,226316,69223,398665,399
Cost of sales (2)191,75667,787295,955-555,498
Selling, general and administrative16,2949,56022,142-47,996
Financial services expenses---13,36113,361
Other segment items (3)3,0239339,918-13,874
Total segment profit (loss)$$41,010$(5,054)$(11,323)$10,03734,670

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FAQ

What is Hovnanian Enterprises, Inc.'s northeast — cost of goods sold?
Hovnanian Enterprises, Inc. (HOV) reported northeast — cost of goods sold of $191.76M in Q1 2026.
How has Hovnanian Enterprises, Inc.'s northeast — cost of goods sold changed year-over-year?
Hovnanian Enterprises, Inc.'s northeast — cost of goods sold decreased by 7.3% year-over-year, from $206.94M to $191.76M.
What does northeast — cost of goods sold mean?
This metric captures the direct costs associated with constructing homes and providing services within the Northeast segment, including materials, labor, and land development costs. It is a critical measure of production efficiency and direct cost control. Investors use this to evaluate the segment's gross margin performance relative to its revenue generation.

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