Hovnanian Enterprises (HOV) Operating Expenses (2010 - 2026)

Hovnanian Enterprises has reported Operating Expenses for 17 years, with the latest figure at $606.7 million in Q1 2026.

• For the quarter ending Q1 2026, Operating Expenses fell 5.64% year-over-year to $606.7 million; the trailing twelve-month figure through Jan 2026 stood at $2.9 billion (up 2.25% YoY), and the FY2025 full-year result was $2.9 billion, up 6.0% from the prior year.
• Operating Expenses for Q1 2026 stood at $606.7 million, down from $801.2 million in the prior quarter.
• The five-year high for Operating Expenses was $877.2 million in Q4 2024, with the low at $504.5 million in Q1 2023.
• Historically, Operating Expenses has averaged $670.4 million across 5 years, with a median of $650.2 million in 2024.
• Annual changes were most pronounced in 2023 — Operating Expenses fell 12.62% — and 2025, when it increased 24.55%.
• Hovnanian Enterprises' Operating Expenses stood at $800.4 million in 2022, then retreated by 4.27% to $766.3 million in 2023, then grew by 14.48% to $877.2 million in 2024, then declined by 8.67% to $801.2 million in 2025, then dropped by 24.28% to $606.7 million in 2026.
• The last three Operating Expenses figures came in at $606.7 million (Q1 2026), $801.2 million (Q4 2025), and $792.3 million (Q3 2025), per Business Quant data.