Hovnanian Enterprises (HOV) Cost of Revenue (2010 - 2025)

Hovnanian Enterprises' Cost of Revenue history runs 16 years deep, the most recent figure standing at $945.6 million for 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 was $945.6 million for Q4 2025 at Hovnanian Enterprises, up from $134.0 million in the prior quarter.
• Across five years, Cost of Revenue topped out at $2.4 billion in Q4 2024 and bottomed at -$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 slumped 291.25% — and 2024, when it soared 13419700.0%.
• Hovnanian Enterprises' Cost of Revenue stood at $638.5 million in 2021, then slumped by 291.25% to -$1.2 billion in 2022, then surged by 78.7% to -$260.1 million in 2023, then soared by 1008.97% to $2.4 billion in 2024, then sank by 60.01% to $945.6 million in 2025.
• Business Quant data shows HOV's Cost of Revenue at $945.6 million in Q4 2025, $134.0 million in Q2 2025, and $553.7 million in Q1 2025.