Hovnanian Enterprises (HOV) Cost of Revenue (2010 - 2026)
Hovnanian Enterprises' Cost of Revenue came in at $599.17 million for fiscal Q3 2026 (quarter ended Jul 31, 2026), down 11.8% from $679.17 million a year earlier but up 7.8% from the prior quarter.
Hovnanian Enterprises (HOV) Cost of Revenue (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Jul 31, 2026, Hovnanian Enterprises reported Cost of Revenue of $2.39 billion, down 7.1% year-over-year; for FY2025 (ended Oct 31, 2025), it came in at $2.5 billion, up 5.8% from FY2024.
- Cost of Revenue carries a five-year compound annual growth rate of 5.3% (FY2020 to FY2025).
- Going back by fiscal year, Cost of Revenue was $2.37 billion in FY2024 (+10.8%), $2.14 billion in FY2023 (-4.5%), $2.24 billion in FY2022 (+1.7%) and $2.2 billion in FY2021 (+13.8%).
- The five-year range for quarterly Cost of Revenue is $406.54 million (fiscal Q1 2023) to $769.93 million (fiscal Q4 2024).
- Year-over-year, Cost of Revenue has declined for four consecutive quarters, with growth averaging 3.5% over the last eight quarters.
- The fastest year-over-year change in Cost of Revenue over five years came in fiscal Q3 2025 (growth of 18.6%), and the weakest in fiscal Q3 2023 (a decline of 12.0%).
- Business Quant data shows HOV's Cost of Revenue at $555.78 million (Q2 2026), $528.58 million (Q1 2026) and $702.77 million (Q4 2025) in the three fiscal quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 37.89 Bn | 28.78 Bn | 2.15 Bn | 7.08 Bn |
| 2 | Pultegroup | 21.69 Bn | 14.98 Bn | 1.06 Bn | 2.92 Bn |
| 3 | Lennar | 16.59 Bn | 6.36 Bn | 618.54 Mn | 7.43 Bn |
| 4 | Nvr | 15.98 Bn | 9.26 Bn | 485.14 Mn | 1.84 Bn |
| 5 | Toll Brothers | 12.59 Bn | 7.97 Bn | 625.22 Mn | 2.03 Bn |
| 6 | Taylor Morrison Home | 6.77 Bn | 4.76 Bn | 290.64 Mn | 1.10 Bn |
| 7 | Champion Homes | 4.87 Bn | 2.35 Bn | - | - |
| 8 | Cavco Industries | 4.53 Bn | 3.28 Bn | - | - |
| 9 | Meritage Homes | 4.16 Bn | 1.08 Bn | 513.60 Mn | 2.29 Bn |
| 10 | Hovnanian Enterprises | 745.01 Mn | -425.40 Mn | 106.58 Mn | 599.17 Mn |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 599.17 Mn |
| Apr 30, 2026 | 555.78 Mn |
| Jan 31, 2026 | 528.58 Mn |
| Oct 31, 2025 | 702.77 Mn |
| Jul 31, 2025 | 679.17 Mn |
| Apr 30, 2025 | 566.28 Mn |
| Jan 31, 2025 | 554.09 Mn |
| Oct 31, 2024 | 769.93 Mn |
| Jul 31, 2024 | 572.75 Mn |
| Apr 30, 2024 | 553.28 Mn |
| Jan 31, 2024 | 469.41 Mn |
| Oct 31, 2023 | 663.02 Mn |
| Jul 31, 2023 | 503.57 Mn |
| Apr 30, 2023 | 562.18 Mn |
| Jan 31, 2023 | 406.54 Mn |
| Oct 31, 2022 | 696.49 Mn |
| Jul 31, 2022 | 572.20 Mn |
| Apr 30, 2022 | 525.93 Mn |
| Jan 31, 2022 | 441.76 Mn |
| Oct 31, 2021 | 638.49 Mn |
Hovnanian Enterprises Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=HOV&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "HOV", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=HOV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();