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

Hovnanian Enterprises (HOVNP) 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 (HOVNP) 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.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Horton D R 45.38 Bn 44.04 Bn 1.70 Bn 800.00 Mn
2 Pultegroup 24.44 Bn 22.63 Bn 881.27 Mn 500.94 Mn
3 Lennar 21.94 Bn 19.74 Bn 6.36 Bn -42.15 Mn
4 Nvr 18.01 Bn 16.36 Bn 1.31 Bn 1.15 Bn
5 Toll Brothers 14.79 Bn 13.70 Bn 604.89 Mn 346.64 Mn
6 Taylor Morrison Home 6.87 Bn 6.87 Bn 290.64 Mn 231.67 Mn
7 Installed Building Products 5.83 Bn 5.36 Bn 212.30 Mn 57.60 Mn
8 Meritage Homes 5.11 Bn 4.34 Bn -269,000.00 -51.67 Mn
9 Cavco Industries 4.75 Bn 4.72 Bn 135.92 Mn 54.56 Mn
10 Hovnanian Enterprises - - 417.00 Mn -189.69 Mn

Historic Data

Download Data
DateValue
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