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

Hovnanian Enterprises has reported Cost of Revenue for 17 years, with the latest figure at $215.0 million in Q1 2026.

• For the quarter ending Q1 2026, Cost of Revenue changed N/A year-over-year to $215.0 million; the trailing twelve-month figure through Jan 2026 stood at $670.6 million (up 167.16% YoY), and the FY2025 full-year result was $575.9 million, up 64.0% from the prior year.
• Cost of Revenue for Q1 2026 stood at $215.0 million, up from $169.0 million in the prior quarter.
• The five-year high for Cost of Revenue was $696.5 million in Q4 2022, with the low at -$1.2 billion in Q4 2024.
• Historically, Cost of Revenue has averaged $170.8 million across 5 years, with a median of $152.7 million in 2025.
• Annual changes were most pronounced in 2024 — Cost of Revenue plunged 415.72% — and 2025, when it surged 113.58%.
• Hovnanian Enterprises' Cost of Revenue stood at $696.5 million in 2022, then sank by 43.42% to $394.1 million in 2023, then sank by 415.72% to -$1.2 billion in 2024, then surged by 113.58% to $169.0 million in 2025, then grew by 27.2% to $215.0 million in 2026.
• The last three Cost of Revenue figures came in at $215.0 million (Q1 2026), $169.0 million (Q4 2025), and $152.7 million (Q3 2025), per Business Quant data.