Every 10-Q that Hovnanian Enterprises Inc. Dep Shr Srs A Pfd (HOVNP) 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 10-Q covers the quarterly report filed between annual reports, so if you follow HOVNP 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 HOVNP filings page.
Hovnanian Enterprises, Inc. (HOV) reported weaker results for the quarter ended July 31, 2026. Total revenues were $705.7 million versus $800.6 million a year earlier, and the company recorded a net loss available to common stockholders of $4.5 million compared with net income of $13.9 million in the prior-year quarter, or $(0.70) vs $2.14 basic EPS.
For the first nine months of fiscal 2026, revenues were $2.01 billion versus $2.16 billion and net income available to common stockholders was $10.8 million versus $56.5 million. Operating cash flow improved to $49.8 million from $19.2 million. The balance sheet showed $249.1 million in homebuilding cash, $1.79 billion of inventories, $902.5 million of senior notes and credit facilities (net), and $821.0 million of total equity. The company remained in compliance with its debt covenants and left its $125 million secured revolving credit facility undrawn.
Hovnanian Enterprises reported softer results for the quarter ended April 30, 2026. Total revenues were $667.6 million versus $686.5 million a year earlier, as home sales declined and sale-of-homes revenue fell to $604.2 million from $650.3 million.
The company posted a small net loss attributable to Hovnanian of $0.3 million for the quarter, compared with net income of $19.7 million in the prior-year period. For the first six months, net income attributable to Hovnanian was $20.6 million, down from $47.9 million, reflecting lower deliveries and higher impairments and other expenses.
Hovnanian ended the period with $350.4 million in cash, cash equivalents and restricted cash, against $924.97 million of senior notes. Inventories rose to $1.72 billion, and the company continued to invest heavily in land, joint ventures and its new Saudi Arabia operation while also repurchasing common stock.
Hovnanian Enterprises reported softer first-quarter results as higher mortgage rates pressured affordability and margins. Total revenues were $631.9 million, down from $673.6 million, as homebuilding revenue fell to $575.8 million on a 12.4% drop in deliveries to 1,099 homes. The average selling price rose 1.6% to $523,894, reflecting mix rather than broad pricing power.
Homebuilding gross margin shrank to 10.1% from 15.2%, or 13.4% from 18.3% before interest and land charges, due mainly to heavier incentives and mortgage rate buydowns used to sustain sales pace. Net income declined to $20.9 million from $28.2 million, and diluted EPS fell to $2.62 from $3.58.
Results included a $26.8 million gain from consolidating joint ventures, partly offsetting operating pressure. The company ended the quarter with $339.9 million of homebuilding cash and total liquidity of $471.4 million, after spending $180.7 million on domestic land and development and repurchasing $9.0 million of stock. Domestic net contracts grew 3.1%, though backlog fell to 1,335 homes worth $782.7 million as faster conversion of quick move-in homes reduced the pipeline.