Hovnanian Enterprises (HOVNP) Cost of Revenue (2010 - 2026)
Hovnanian Enterprises' (HOVNP) quarterly Cost of Revenue came in at $599.2 million in Q3 2026, down 11.78% on a YoY basis from $679.2 million in Q3 2025, and up 7.81% quarter-over-quarter from $555.8 million in Q2 2026.
Analysis
Hovnanian Enterprises (HOVNP) Cost of Revenue (2010 - 2026) Analysis & Trends
Hovnanian Enterprises (HOVNP) has reported Cost of Revenue for 17 consecutive years, with $599.2 million the latest figure, recorded in Q3 2026.
- For the quarter ending Q3 2026, Cost of Revenue fell 11.78% year-over-year to $599.2 million; the trailing twelve-month figure through Jul 2026 stood at $2.4 billion (down 7.13% YoY), and the FY2025 full-year result was $2.5 billion, up 5.77% from the prior year.
- Cost of Revenue grew to $599.2 million in Q3 2026 per HOVNP's latest filing, from $555.8 million in the prior quarter.
- Across five years, Cost of Revenue topped out at $769.9 million in Q4 2024 and bottomed at $406.5 million in Q1 2023.
- Historically, Cost of Revenue has averaged $574.9 million across 5 years, with a median of $562.2 million in 2023.
- The sharpest annual moves came in 2023 and 2025: Cost of Revenue slipped 11.99% in 2023, then increased 18.58% in 2025.
- Over 5 years, Cost of Revenue stood at $696.5 million in 2022, then fell by 4.81% to $663.0 million in 2023, then climbed by 16.13% to $769.9 million in 2024, then fell by 8.72% to $702.8 million in 2025, then fell by 14.74% to $599.2 million in 2026.
- According to Business Quant data, Cost of Revenue over the past three periods registered $599.2 million, $555.8 million, and $528.6 million for Q3 2026, Q2 2026, and Q1 2026 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 40.06 Bn | 38.52 Bn | 2.15 Bn | 7.08 Bn |
| 2 | Pultegroup | 23.32 Bn | 21.94 Bn | 1.06 Bn | 2.92 Bn |
| 3 | Lennar | 17.60 Bn | 15.42 Bn | 7.69 Bn | 252.35 Mn |
| 4 | Nvr | 16.78 Bn | 15.69 Bn | 485.14 Mn | 1.84 Bn |
| 5 | Toll Brothers | 13.05 Bn | 12.01 Bn | 625.22 Mn | 2.03 Bn |
| 6 | Taylor Morrison Home | 6.77 Bn | 6.12 Bn | 290.64 Mn | 1.10 Bn |
| 7 | Meritage Homes | 4.38 Bn | 3.58 Bn | 254.14 Mn | 1.15 Bn |
| 8 | M | 3.74 Bn | 3.01 Bn | 235.50 Mn | 827.76 Mn |
| 9 | Kb Home | 3.20 Bn | 3.14 Bn | 174.03 Mn | 938.41 Mn |
| 10 | Hovnanian Enterprises | 126.80 Mn | 119.29 Mn | 106.58 Mn | 599.17 Mn |
Historic Data
Download Data
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 |