Hovnanian Enterprises (HOV) Operating Income (2010 - 2026)
Hovnanian Enterprises (HOV) reported Operating Income of -$189.7 million for Q1 2026, down 718.74% on a YoY basis from $30.7 million in Q1 2025, and down 24.58% quarter-over-quarter from -$152.3 million in Q4 2025.
Hovnanian Enterprises (HOV) Operating Income (2010 - 2026) Analysis & Trends
Hovnanian Enterprises has reported Operating Income for 17 years, with the latest figure at -$189.7 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Income fell 718.74% year-over-year to -$189.7 million; the trailing twelve-month figure through Jan 2026 stood at -$603.2 million (down 147.26% YoY), and the FY2025 full-year result was -$503.1 million, down 473.71% from the prior year.
- Operating Income for Q1 2026 stood at -$189.7 million, down from -$152.3 million in the prior quarter.
- The five-year high for Operating Income was $1.3 billion in Q4 2024, with the low at -$610.1 million in Q4 2022.
- Historically, Operating Income has averaged -$98.0 million across 5 years, with a median of -$116.9 million in 2025.
- Annual changes were most pronounced in 2024 — Operating Income surged 592.67% — and 2026, when it tumbled 718.74%.
- Hovnanian Enterprises' Operating Income stood at -$610.1 million in 2022, then soared by 55.2% to -$273.4 million in 2023, then surged by 592.67% to $1.3 billion in 2024, then plunged by 111.31% to -$152.3 million in 2025, then slipped by 24.58% to -$189.7 million in 2026.
- The last three Operating Income figures came in at -$189.7 million (Q1 2026), -$152.3 million (Q4 2025), and -$144.4 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 43.54 Bn | 42.20 Bn | 1.70 Bn | 800.00 Mn |
| 2 | Pultegroup | 23.57 Bn | 21.76 Bn | 881.27 Mn | 500.94 Mn |
| 3 | Lennar | 22.65 Bn | 20.45 Bn | 6.36 Bn | -42.15 Mn |
| 4 | Nvr | 17.80 Bn | 16.15 Bn | 1.31 Bn | 1.15 Bn |
| 5 | Toll Brothers | 13.73 Bn | 12.64 Bn | 604.89 Mn | 346.64 Mn |
| 6 | Taylor Morrison Home | 6.88 Bn | 6.88 Bn | 290.64 Mn | 231.67 Mn |
| 7 | Installed Building Products | 5.53 Bn | 5.05 Bn | 212.30 Mn | 57.60 Mn |
| 8 | Meritage Homes | 4.85 Bn | 4.09 Bn | -269,000.00 | -51.67 Mn |
| 9 | Cavco Industries | 4.56 Bn | 4.52 Bn | 135.92 Mn | 54.56 Mn |
| 10 | Hovnanian Enterprises | 739.67 Mn | 732.16 Mn | 417.00 Mn | -189.69 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | -189.69 Mn |
| Oct 31, 2025 | -152.27 Mn |
| Jul 31, 2025 | -144.39 Mn |
| Apr 30, 2025 | -116.87 Mn |
| Jan 31, 2025 | 30.66 Mn |
| Oct 31, 2024 | 1.35 Bn |
| Jul 31, 2024 | -48.04 Mn |
| Apr 30, 2024 | -52.89 Mn |
| Jan 31, 2024 | 16.24 Mn |
| Oct 31, 2023 | -273.35 Mn |
| Jul 31, 2023 | -40.80 Mn |
| Apr 30, 2023 | -35.64 Mn |
| Jan 31, 2023 | -66.00 Mn |
| Oct 31, 2022 | -610.13 Mn |
| Jul 31, 2022 | -472.83 Mn |
| Apr 30, 2022 | -441.36 Mn |
| Jan 31, 2022 | -414.55 Mn |
| Oct 31, 2021 | -556.88 Mn |
| Jul 31, 2021 | -485.32 Mn |
| Apr 30, 2021 | -529.95 Mn |