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Hovnanian Enterprises (HOV) earnings

Hovnanian Enterprises earnings: last reported Thu, 20 Aug 2026, for the quarter ended Jul 2026.

Hovnanian Enterprises earnings calls

Hovnanian Enterprises earnings calls (HOV)

Latest concall · Q3 2026 · call held 20 Aug 2026

Hovnanian Enterprises Q3 FY26 — Gross Margin Improvement and Strategic Land Positioning

What went well

  • Total revenues were $706 million, slightly above the midpoint of guidance.
  • Gross margin was 14.6%, above the midpoint of guidance, marking the second consecutive quarter of sequential improvement.
  • SG&A ratio was 12.3%, better than the guidance range.

What to watch

  • Adjusted pre-tax was a loss of $2 million, slightly below the bottom of the guidance range of zero, primarily due to lower-than-expected income from unconsolidated joint ventures.
  • Quarterly contracts declined slightly by 57 homes to 1,359 homes due to political and financial volatility.
Read the full call →

Performance −15.6% 1Y

$100$120$140Sept 25Nov 25Dec 25Feb 26Mar 26May 26Jun 26Aug 26Sept 26Q3 2026 — 20 Aug 2026

1Y: $131.66 on 29 Sept 2025 → $111.17. High $147.55 (26 Jun 2026), low $94.11 (19 May 2026).

Quarterly results

Q3 FY26: revenue down 11.8%, net profit down 110.8% against the same quarter last year.

US$ mn · quarterly
Line itemQ4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26
Revenue980 674 686 801 818 −17%632 −6%668 −3%706 −12%
Net profit— — 20 17 — — -0 −101%-2 −111%
How to read this

US$ million, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.

Balance sheet

Year endingOct 2020Oct 2021Oct 2022Oct 2023Oct 2024Oct 2025
Reserves-$1.18B-$567.23M-$352.41M-$157.20M$74.14M$127.33M
Total liabilities$2.26B$2.15B$2.18B$1.91B$1.81B$1.80B
Fixed assets$18.18M$18.74M$25.82M$33.95M$43.43M$50.54M
Total assets$1.83B$2.32B$2.56B$2.49B$2.61B$2.63B
How to read this

As filed on each reporting date, including interim balance sheets. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.

Insider filings

43 filings between Oct 15, 2025 and Jul 15, 2026.

Open market

decisions to buy or sell

Purchases

None

No insider bought shares.

Sales

$1.77M

2 sales by 2 insiders

Compensation

not trading decisions
9
Award — granted as compensation
10
Option exercise — converted options into shares
11
Tax withheld — shares kept back by the company to cover tax

Also filed: 5 dispositions to the issuer, 5 gifts, 1 conversion.

Who traded

open market only
InsiderBoughtSoldLast filing
HOVNANIAN ARA K—$1.62MJun 22, 2026
SORSBY J LARRY—$147.1KJun 25, 2026
Latest filings (50)
DateInsiderWhatSharesValue
Jul 15, 2026HOVNANIAN ARA K Chairman of the Board & CEOConversion 12,595$0
Jun 25, 2026SORSBY J LARRY DirectorSale 1,032$147.1K
Jun 22, 2026HOVNANIAN ARA K Chairman of the Board & CEOSale 12,880$1.62M
Jun 12, 2026MARENGI JOSEPH A DirectorAward 1,232$0
Jun 12, 2026Hernandez-Kakol Miriam DirectorAward 1,078$0
Jun 12, 2026COUTTS ROBERT B DirectorAward 1,078$0
Jun 12, 2026SORSBY J LARRY DirectorAward 924$0
Jun 12, 2026Sellers Robin Stone DirectorAward 1,078$0
Jun 12, 2026PAGANO VINCENT JR DirectorAward 1,078$0
Jun 11, 2026O'Connor Brad G CFOOption exercise 4,136$0
Jun 11, 2026Wyatt Michael P. Chief Operating OfficerTax withheld 2,008$242.7K
Jun 11, 2026Wyatt Michael P. Chief Operating OfficerOption exercise 4,136$0
Jun 11, 2026O'Connor Brad G CFOTax withheld 2,020$244.2K
Jun 9, 2026Hernandez-Kakol Miriam DirectorDisposition to issuer 534$60.9K
Jun 9, 2026Sellers Robin Stone DirectorDisposition to issuer 534$60.9K
Jun 9, 2026PAGANO VINCENT JR DirectorDisposition to issuer 534$60.9K
Jun 9, 2026COUTTS ROBERT B DirectorDisposition to issuer 534$60.9K
Jun 9, 2026MARENGI JOSEPH A DirectorDisposition to issuer 610$69.5K
Jun 1, 2026SORSBY J LARRY DirectorOption exercise 5,000$283.8K
Jun 1, 2026SORSBY J LARRY DirectorTax withheld 3,068$355.9K
May 27, 2026SORSBY J LARRY DirectorOption exercise 5,000$283.8K
May 27, 2026O'Connor Brad G CFOTax withheld 739$85.1K
May 27, 2026O'Connor Brad G CFOTax withheld 370$42.6K
May 27, 2026O'Connor Brad G CFOOption exercise 1,000$42.5K
May 27, 2026O'Connor Brad G CFOOption exercise 2,000$85.0K
May 27, 2026SORSBY J LARRY DirectorTax withheld 3,148$365.8K
Apr 29, 2026SORSBY J LARRY DirectorGift 1,280$0
Apr 29, 2026SORSBY J LARRY DirectorGift 1,280$0
Apr 27, 2026SORSBY J LARRY DirectorGift 2,130$0
Apr 27, 2026SORSBY J LARRY DirectorGift 2,130$0
Apr 1, 2026PAGANO VINCENT JR DirectorTax withheld 1,223$138.1K
Apr 1, 2026PAGANO VINCENT JR DirectorOption exercise 2,014$85.6K
Dec 16, 2025Wyatt Michael P. Chief Operating OfficerAward 12,040$0
Dec 16, 2025O'Connor Brad G CFOAward 13,180$0
Dec 16, 2025SORSBY J LARRY DirectorAward 9,163$0
Nov 3, 2025SORSBY J LARRY DirectorOption exercise 32,331$0
Nov 3, 2025SORSBY J LARRY DirectorTax withheld 48,311$5.91M
Nov 3, 2025SORSBY J LARRY DirectorOption exercise 21,200$0
Nov 3, 2025SORSBY J LARRY DirectorOption exercise 29,532$0
Oct 31, 2025SORSBY J LARRY DirectorTax withheld 5,525$664.3K
Oct 31, 2025O'Connor Brad G CFOTax withheld 3,343$401.9K
Oct 31, 2025Wyatt Michael P. East Group PresidentTax withheld 3,032$364.5K
Oct 15, 2025Hovnanian Alexander A. Executive Vice PresidentGift 50$0
Aug 28, 2025HOVNANIAN ARA K Chairman of Bd., Pres. & CEOSale 609$84.2K
Jul 8, 2025Sellers Robin Stone DirectorSale 750$84.9K
Jul 7, 2025Sellers Robin Stone DirectorSale 750$82.5K
Jun 30, 2025KANGAS EDWARD A DirectorSale 5,500$589.2K
Jun 13, 2025Hernandez-Kakol Miriam DirectorAward 1,393$0
Jun 13, 2025COUTTS ROBERT B DirectorAward 1,393$0
Jun 13, 2025KANGAS EDWARD A DirectorAward 1,592$0

Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.