Hovnanian Enterprises (HOVVB) Operating Expenses (2010 - 2026)
Hovnanian Enterprises posted quarterly Operating Expenses of $606.7 million for Q1 2026, down 5.64% year-on-year from $643.0 million in Q1 2025, and down 24.28% on a QoQ basis from $801.2 million in Q4 2025.
Hovnanian Enterprises (HOVVB) has 17 years of Operating Expenses data on file, last reported 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.
- Across five years, Operating Expenses topped out at $877.2 million in Q4 2024 and bottomed at $504.5 million in Q1 2023.
- The 5-year median for Operating Expenses is $650.2 million (2024), against an average of $670.4 million.
- The widest annual swing landed in 2023, when Operating Expenses fell 12.62%; it then increased 24.55% in 2025.
- A 5-year view of Operating Expenses shows it stood at $800.4 million in 2022, then decreased by 4.27% to $766.3 million in 2023, then increased by 14.48% to $877.2 million in 2024, then fell by 8.67% to $801.2 million in 2025, then declined 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 42.35 Bn | 41.00 Bn | 1.70 Bn | 903.30 Mn |
| 2 | Pultegroup | 22.70 Bn | 20.89 Bn | 881.27 Mn | 380.33 Mn |
| 3 | Lennar | 21.95 Bn | 19.75 Bn | 6.36 Bn | 6.40 Bn |
| 4 | Nvr | 16.98 Bn | 15.33 Bn | 1.31 Bn | 156.97 Mn |
| 5 | Toll Brothers | 13.26 Bn | 12.07 Bn | 476.99 Mn | 257.94 Mn |
| 6 | Installed Building Products | 5.63 Bn | 5.15 Bn | 212.30 Mn | 154.70 Mn |
| 7 | Taylor Morrison Home | 5.62 Bn | 5.62 Bn | 290.64 Mn | 58.97 Mn |
| 8 | Meritage Homes | 4.40 Bn | 3.63 Bn | -269,000.00 | 51.40 Mn |
| 9 | Cavco Industries | 4.23 Bn | 4.20 Bn | 135.92 Mn | 81.36 Mn |
| 10 | Hovnanian Enterprises | - | - | 417.00 Mn | 606.69 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jul 31, 2021 | 633.59 Mn |
| Apr 30, 2021 | 674.77 Mn |
| Jan 31, 2021 | 557.00 Mn |
| Oct 31, 2020 | 644.06 Mn |
| Jul 31, 2020 | 621.63 Mn |
| Apr 30, 2020 | 540.22 Mn |
| Jan 31, 2020 | 512.49 Mn |
| Oct 31, 2019 | 680.12 Mn |
| Jul 31, 2019 | 492.85 Mn |
| Apr 30, 2019 | 462.86 Mn |
| Jan 31, 2019 | 407.26 Mn |
| Oct 31, 2018 | 582.00 Mn |
| Jul 31, 2018 | 463.10 Mn |
| Apr 30, 2018 | 512.03 Mn |
| Jan 31, 2018 | 442.46 Mn |
| Oct 31, 2017 | 703.96 Mn |
| Jul 31, 2017 | 596.07 Mn |
| Apr 30, 2017 | 588.83 Mn |
| Jan 31, 2017 | 557.67 Mn |
| Oct 31, 2016 | 760.17 Mn |
| Jul 31, 2016 | 711.79 Mn |
| Apr 30, 2016 | 661.31 Mn |
| Jan 31, 2016 | 575.64 Mn |
| Oct 31, 2015 | 653.08 Mn |
| Jul 31, 2015 | 549.09 Mn |
| Apr 30, 2015 | 495.59 Mn |
| Jan 31, 2015 | 464.62 Mn |
| Oct 31, 2014 | 663.15 Mn |
| Jul 31, 2014 | 535.11 Mn |
| Apr 30, 2014 | 456.62 Mn |
| Jan 31, 2014 | 389.85 Mn |
| Oct 31, 2013 | 561.06 Mn |
| Jul 31, 2013 | 471.04 Mn |
| Apr 30, 2013 | 422.90 Mn |
| Jan 31, 2013 | 380.64 Mn |
| Oct 31, 2012 | 482.00 Mn |
| Jul 31, 2012 | 395.22 Mn |
| Apr 30, 2012 | 364.68 Mn |
| Jan 31, 2012 | 308.51 Mn |
| Oct 31, 2011 | 387.60 Mn |
| Jul 31, 2011 | 326.12 Mn |
| Apr 30, 2011 | 306.98 Mn |
| Jan 31, 2011 | 302.61 Mn |
| Oct 31, 2010 | 487.31 Mn |
| Jul 31, 2010 | 464.83 Mn |