Hovnanian Enterprises (HOV) Cost of Revenue (2010 - 2026)

Hovnanian Enterprises (HOV) has 16 years of Cost of Revenue data on file, last reported at $945.6 million in Q4 2025.

• Quarterly Cost of Revenue fell 60.01% year-over-year to $945.6 million in Q4 2025, while the trailing twelve-month figure through Jan 2026 was $1.1 billion (down 70.06% YoY) and the FY2025 annual result came in at $945.6 million, down 60.01% from the prior year.
• Cost of Revenue grew to $945.6 million in Q4 2025, from $134.0 million in the prior quarter.
• In the past five years, Cost of Revenue ranged from a high of $2.4 billion in Q4 2024 to a low of -$1.2 billion in Q4 2022.
• A 5-year average of $395.9 million and a median of $492.3 million in 2021 frame the typical range for Cost of Revenue.
• Annual changes were most pronounced in 2022 — Cost of Revenue tumbled 291.25% — and 2024, when it soared 13419700.0%.
• Tracing HOV's Cost of Revenue over 5 years: stood at $638.5 million in 2021, then plunged by 291.25% to -$1.2 billion in 2022, then soared by 78.7% to -$260.1 million in 2023, then jumped by 1008.97% to $2.4 billion in 2024, then tumbled by 60.01% to $945.6 million in 2025.
• The last three Cost of Revenue figures came in at $945.6 million (Q4 2025), $134.0 million (Q2 2025), and $553.7 million (Q1 2025), per Business Quant data.