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

Other geography segments

Northeast
$191.76M-7.3%
Southeast
$67.79M+1.3%

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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: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 west — cost of goods sold?
Hovnanian Enterprises, Inc. (HOV) reported west — cost of goods sold of $295.96M in Q1 2026.
How has Hovnanian Enterprises, Inc.'s west — cost of goods sold changed year-over-year?
Hovnanian Enterprises, Inc.'s west — cost of goods sold increased by 1.9% year-over-year, from $290.44M to $295.96M.
What does west — cost of goods sold mean?
Includes all direct costs associated with the construction and delivery of homes within the West segment, such as materials, labor, and land development costs. Monitoring this metric helps assess the direct production efficiency and cost management of regional homebuilding projects.

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