Hovnanian Enterprises HOVNP
NYSE HOVNP
$19.25 -0.53 (-2.66%)
As of: Sep 9, 2026 · 3:59 PM EDT

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

Hovnanian Enterprises' (HOVNP) quarterly Operating Expenses came in at $711.9 million in Q3 2026, down 10.14% on a YoY basis from $792.3 million in Q3 2025, and up 6.86% quarter-over-quarter from $666.2 million in Q2 2026.

Analysis

Hovnanian Enterprises (HOVNP) Operating Expenses (2010 - 2026) Analysis & Trends

Hovnanian Enterprises (HOVNP) has reported Operating Expenses for 17 consecutive years, with $711.9 million the latest figure, recorded in Q3 2026.

  • For the quarter ending Q3 2026, Operating Expenses fell 10.14% year-over-year to $711.9 million; the trailing twelve-month figure through Jul 2026 stood at $2.8 billion (down 6.57% YoY), and the FY2025 full-year result was $2.9 billion, up 6.0% from the prior year.
  • Operating Expenses rose to $711.9 million in Q3 2026 per HOVNP's latest filing, from $666.2 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $877.2 million in Q4 2024 and bottomed at $504.5 million in Q1 2023.
  • Historically, Operating Expenses has averaged $672.3 million across 5 years, with a median of $662.9 million in 2023.
  • The sharpest annual moves came in 2023 and 2025: Operating Expenses retreated 12.62% in 2023, then rose 24.55% in 2025.
  • Over 5 years, Operating Expenses stood at $800.4 million in 2022, then slipped by 4.27% to $766.3 million in 2023, then rose by 14.48% to $877.2 million in 2024, then retreated by 8.67% to $801.2 million in 2025, then dropped by 11.14% to $711.9 million in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $711.9 million, $666.2 million, and $606.7 million for Q3 2026, Q2 2026, and Q1 2026 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Horton D R 40.06 Bn 38.52 Bn 2.15 Bn 991.20 Mn
2 Pultegroup 23.32 Bn 21.94 Bn 1.06 Bn 382.97 Mn
3 Lennar 17.60 Bn 15.42 Bn 7.69 Bn 7.54 Bn
4 Nvr 16.78 Bn 15.69 Bn 485.14 Mn 150.72 Mn
5 Toll Brothers 13.05 Bn 12.01 Bn 625.22 Mn 266.07 Mn
6 Taylor Morrison Home 6.77 Bn 6.12 Bn 290.64 Mn 148.85 Mn
7 Meritage Homes 4.38 Bn 3.58 Bn 254.14 Mn 144.19 Mn
8 M 3.74 Bn 3.01 Bn 235.50 Mn 958.69 Mn
9 Kb Home 3.20 Bn 3.14 Bn 174.03 Mn 140.55 Mn
10 Hovnanian Enterprises 126.80 Mn 119.29 Mn 106.58 Mn 711.92 Mn
Historic Data

Historic Data

Download Data
DateValue
Jul 31, 2026 711.92 Mn
Apr 30, 2026 666.20 Mn
Jan 31, 2026 606.69 Mn
Oct 31, 2025 801.18 Mn
Jul 31, 2025 792.29 Mn
Apr 30, 2025 669.38 Mn
Jan 31, 2025 642.97 Mn
Oct 31, 2024 877.22 Mn
Jul 31, 2024 636.13 Mn
Apr 30, 2024 650.15 Mn
Jan 31, 2024 577.96 Mn
Oct 31, 2023 766.28 Mn
Jul 31, 2023 583.89 Mn
Apr 30, 2023 662.95 Mn
Jan 31, 2023 504.48 Mn
Oct 31, 2022 800.42 Mn
Jul 31, 2022 668.22 Mn
Apr 30, 2022 617.97 Mn
Jan 31, 2022 538.10 Mn
Oct 31, 2021 732.74 Mn