Every 8-K that Hovnanian Enterprises Inc (HOV) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow HOV and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full HOV filings page.
Hovnanian Enterprises, Inc. (HOV) reported fiscal Q3 2026 and nine‑month results ended July 31, 2026. Q3 total revenues were $705.7 million, down from $800.6 million a year earlier, and the company recorded a pre‑tax loss of $2.8 million versus income of $23.8 million in the prior‑year quarter. Q3 net loss available to common stockholders was $4.5 million, or $(0.70) per diluted share, compared with net income of $13.9 million, or $1.99 per diluted share.
For the first nine months of fiscal 2026, revenues were $2.01 billion versus $2.16 billion, with pre‑tax income of $26.3 million versus $90.2 million and net income to common of $10.8 million versus $56.5 million. Q3 homebuilding gross margin percentage after interest and land charges was 11.8% (11.7% a year ago), while the non‑GAAP homebuilding gross margin before interest and land charges was 14.6% (17.3% a year ago), improving sequentially for the second consecutive quarter. The dollar value of consolidated domestic backlog rose 5.1% to $881.9 million, and total liquidity was $379.8 million, well above the stated target range of $170–$245 million. Management guided Q4 2026 revenues to $800–$900 million, adjusted homebuilding gross margin to 15.0%–16.5%, adjusted pre‑tax income to $15–$30 million, and adjusted EBITDA to $50–$65 million.
Hovnanian Enterprises reported fiscal second quarter 2026 revenue of $667.6 million, slightly below last year’s $686.5 million but within its guidance range. For the first six months, revenue was $1.30 billion versus $1.36 billion a year earlier.
Homebuilding gross margin after interest and land charges declined to 10.2% from 13.8% in the prior-year quarter, while the company posted a small net loss of $0.6 million (–$0.46 per diluted share) compared with net income of $19.7 million ($2.43 per diluted share) a year ago. On an adjusted basis, income before taxes excluding land-related charges was $9.1 million, near the high end of guidance, and adjusted EBITDA was $41.1 million, above guidance.
Contracts showed modest growth: consolidated domestic contracts rose to 1,412 homes and $759.9 million, with total domestic contracts including joint ventures up 2.3% in units. The company ended the quarter with $442.0 million in total liquidity, well above its $170–$245 million target range, and repurchased 90,507 shares for $9.5 million. Third-quarter guidance calls for revenue of $650–$750 million, adjusted homebuilding gross margin of 14.0%–15.0%, adjusted pre-tax income between breakeven and $10 million, and adjusted EBITDA of $30–$40 million.
Hovnanian Enterprises held its 2026 annual meeting, where stockholders approved the Fourth Amended and Restated 2020 Stock Incentive Plan. The updated plan is substantially identical to the prior version but increases the reserve of Class A and Class B common stock for future equity awards by 100,000 shares.
All nominated directors were elected, with individual vote totals ranging from 9,354,765 to 10,562,136 votes for. Stockholders also ratified Deloitte & Touche LLP as independent auditor for the fiscal year ending October 31, 2026 and supported executive compensation in a non-binding advisory vote.
Hovnanian Enterprises reported softer year-over-year results but met or exceeded all guidance metrics for its fiscal first quarter ended January 31, 2026. Total revenues were $631.9 million versus $673.6 million a year ago, while homebuilding gross margin fell to 10.1% from 15.2%.
Net income was $20.9 million, or $2.62 per diluted share, compared with $28.2 million, or $3.58 per diluted share, in the prior-year quarter. Adjusted EBITDA was $63.1 million, above the high end of guidance but below $72.1 million last year.
Consolidated domestic contracts rose 3.1% to 1,242 homes, though total contracts including unconsolidated joint ventures declined 2.5%. Contract backlog dollars, including joint ventures, decreased about 16% to $1.02 billion, while total liquidity was strong at $471.4 million, well above the company’s $170–$245 million target range.
For the second quarter of fiscal 2026, the company expects revenues between $625 million and $725 million, adjusted homebuilding gross margin of 13.0%–14.0%, adjusted income before income taxes between breakeven and $10 million, and adjusted EBITDA of $30 million–$40 million.
Hovnanian Enterprises, Inc. reported that it has released a press announcement with its preliminary financial results for the fiscal fourth quarter and full fiscal year ended October 31, 2025. The 8-K itself mainly explains that the detailed numbers are in the attached earnings press release, which is furnished rather than filed for securities law purposes.
The company highlights several non-GAAP measures used to evaluate performance, including EBIT, EBITDA, Adjusted EBIT, Adjusted EBITDA, homebuilding gross margin before interest and land charges, adjusted income before income taxes, Adjusted Investment in inventories, and Adjusted EBIT return on investment. Hovnanian explains that these metrics are intended to help investors analyze operating performance and capital efficiency beyond standard GAAP figures, while emphasizing that reconciliations to GAAP are provided in the press release and that calculations may differ from those used by other homebuilders.
Hovnanian Enterprises, Inc. disclosed arrangements related to new secured financing dated September 25, 2025. The company and its subsidiary guarantors entered into an Indenture with Wilmington Trust, National Association, as Trustee, in connection with issuance of senior secured notes. The filing references forms for an 8.000% Senior Note due 2031 and an 8.375% Senior Note due 2033. The company also documented a Revolving Credit Facility providing for up to $125.0 million in aggregate senior secured first lien revolving loans, which became effective as of that date. The document is signed by the Chief Financial Officer, Brad G. O'Connor.
Hovnanian Enterprises, Inc. filed a current report describing updated compensation arrangements for two senior executives. As previously disclosed, Alexander Hovnanian will become President and Michael Wyatt will become Chief Operating Officer effective November 1, 2025. On September 17, 2025, the Board’s Compensation Committee approved for each executive a new base salary of $750,000, effective on that date. They also set each executive’s target under the company’s Long-Term Incentive Program at 1.25 times base salary, aligning future award payouts with this multiple. Both executives will continue to be eligible for additional cash and equity awards to be determined later by the Compensation Committee.
Hovnanian Enterprises, Inc. announced that its wholly owned subsidiary K. Hovnanian Enterprises, Inc. priced $450.0 million aggregate principal amount of 8.000% Senior Notes due 2031 and $450.0 million aggregate principal amount of 8.375% Senior Notes due 2033, for a total of $900.0 million in new debt. The offering is expected to close on or about September 25, 2025, subject to customary closing conditions.
K. Hovnanian intends to use the net proceeds to redeem all outstanding 8.0% Senior Secured 1.125 Lien Notes due 2028 at 104.000% of principal, redeem all outstanding 11.75% Senior Secured 1.25 Lien Notes due 2029 at 100.000% of principal plus a make-whole premium, repay in full all loans under its Senior Secured 1.75 Lien Term Loan Facility due 2028 at par, and pay related fees and expenses. The new notes are being offered in a private offering to qualified institutional buyers under Rule 144A and to certain offshore investors under Regulation S and are not registered under the Securities Act.
Hovnanian Enterprises, Inc. entered into a Fourth Amendment to its revolving credit agreement, maintaining up to $125.0 million in senior secured first lien capacity and extending the facility’s final maturity from June 30, 2026 to June 30, 2028.
The revolving loans will bear interest at a term SOFR rate with a 3.00% floor plus a 4.50% margin, or an alternate base rate with a 4.00% floor plus a 3.50% margin, and carry a 1.00% unused commitment fee. The company also launched a private notes offering of $450.0 million Senior Notes due 2031 and $450.0 million Senior Notes due 2033 to refinance existing secured notes and a term loan, including conditional full redemptions of 8.0% and 11.75% secured notes and repayment of a 1.75 lien term loan.
Hovnanian Enterprises filed an 8-K furnishing a press release reporting preliminary financial results for the fiscal third quarter and attaching that press release as Exhibit 99.1. The filing explains the use of several Non-GAAP Measures including homebuilding metrics that exclude land charges and interest amortized to cost of sales, and it describes Adjusted Investment as a measure intended to reflect inventory owned by the company while excluding off-balance-sheet inventory such as land banking. The company states that reconciliations for historical periods of these Non-GAAP Measures are included in the attached press release and warns that its calculations may differ from other companies, which can affect comparability.