HOVNANIAN ENTERPRISES INCHOVEarnings & Financial Report
Hovnanian Enterprises, Inc. is an American real estate company which is involved in every aspect of marketing homes, including design, construction and sales. The company works with individual detached housing as well as higher-occupancy dwellings, including townhouses, condominiums and retirement homes.
Revenue
$979.6M
Gross Profit
N/A
Operating Profit
$117.9M
Net Profit
$94.3M
Gross Margin
N/A
Operating Margin
12.0%
Net Margin
9.6%
YoY Growth
10.4%
EPS
$12.47
HOVNANIAN ENTERPRISES INC Q4 FY2024 Financial Summary
HOVNANIAN ENTERPRISES INC reported revenue of $979.6M (up 10.4% YoY) for Q4 FY2024, with a net profit of $94.3M (down 3.0% YoY) (9.6% margin).
Key Financial Metrics
| Total Revenue | $979.6M |
|---|---|
| Net Profit | $94.3M |
| Gross Margin | N/A |
| Operating Margin | 12.0% |
| Report Period | Q4 FY2024 |
Revenue Breakdown
HOVNANIAN ENTERPRISES INC Q4 FY2024 revenue of $979.6M breaks down across 3 segments, led by Home Building at $956.9M (97.7% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Home Building | $956.9M | 97.7% |
| Financial Services | $22.7M | 2.3% |
| Management Fees | $5.5M | 0.6% |
HOVNANIAN ENTERPRISES INC Revenue by Segment — Quarterly Trend
HOVNANIAN ENTERPRISES INC revenue by segment across the last 4 reported quarters, showing how each business line (such as Home Building and Financial Services) has evolved quarter over quarter.
| Segment | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 |
|---|---|---|---|---|
| Home Building | $789.8M | $772.0M | $665.2M | $656.7M |
| Financial Services | $28.1M | $28.6M | $21.3M | $16.9M |
| Management Fees | $7.1M | $6.7M | $6.2M | $5.3M |
HOVNANIAN ENTERPRISES INC Annual Revenue by Year
HOVNANIAN ENTERPRISES INC annual revenue history includes year-by-year totals (for example, 2025 revenue was $3.0B).
| Year | Annual Revenue |
|---|---|
| 2025 | $3.0B |
| 2024 | $3.0B |
| 2023 | $2.8B |
| 2022 | $2.9B |
HOVNANIAN ENTERPRISES INC Quarterly Revenue & Net Profit History
HOVNANIAN ENTERPRISES INC results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $817.9M | -16.5% | $-667.0K | -0.1% |
| Q3 FY2025 | $800.6M | +10.8% | $16.6M | 2.1% |
| Q2 FY2025 | $686.5M | -3.1% | $19.7M | 2.9% |
| Q1 FY2025 | $673.6M | +13.4% | $28.2M | 4.2% |
| Q4 FY2024 | $979.6M | +10.4% | $94.3M | 9.6% |
| Q3 FY2024 | $722.7M | +11.2% | $72.9M | 10.1% |
| Q2 FY2024 | $708.4M | +0.7% | $50.8M | 7.2% |
| Q1 FY2024 | $594.2M | +15.3% | $23.9M | 4.0% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $594.2M | $708.4M | $722.7M | $979.6M | $673.6M | $686.5M | $800.6M | $817.9M |
| YoY Growth | 15.3% | 0.7% | 11.2% | 10.4% | 13.4% | -3.1% | 10.8% | -16.5% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $2.34B | $2.32B | $2.54B | $2.61B | $2.53B | $2.55B | $2.63B | $2.63B |
| Liabilities | $1.73B | $1.67B | $1.84B | $1.81B | $1.72B | $1.73B | $1.79B | $1.80B |
| Equity | $607.1M | $647.0M | $703.4M | $800.3M | $811.4M | $820.4M | $835.4M | $830.9M |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $-89.0M | $89.1M | $-92.3M | $115.8M | $-55.9M | $22.3M | $52.8M | $169.1M |