---
title: "Hovnanian Enterprises 2026: Revenue $705.75M, EPS ($0.7) — 10-Q Summary"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/297364922.md"
description: "Hovnanian Enterprises reported a Q2 2026 net loss of $1.8M and diluted EPS of ($0.7), compared to prior year net income of $16.62M. Revenue declined 11.8% YoY to $705.75M, driven by fewer home deliveries. The company shifted focus toward quick move-in homes and cost reductions while investing $644.9M in land development."
datetime: "2026-08-28T20:11:03.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/297364922.md)
  - [en](https://longbridge.com/en/news/297364922.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/297364922.md)
generator: "portal-rs"
---

# Hovnanian Enterprises 2026: Revenue $705.75M, EPS ($0.7) — 10-Q Summary

Hovnanian Enterprises reported results for the quarter ended 2026, with revenue of $705.75M, a net loss attributable to the company of ($1.8M) and diluted EPS of ($0.7), versus prior-year revenue of $800.58M, net income of $16.62M and diluted EPS of $1.99.

**Financial Highlights**

Metric

Current quarter

Prior year quarter

YoY change

Revenue¹

$705.75M

$800.58M

(11.8%)

Net income²

($1.8M)

$16.62M

(110.8%)

Diluted EPS³

($0.7)

$1.99

(135.2%)

*¹ Reported as “Total revenues”. ² Reported as “Net (loss) income attributable to Hovnanian Enterprises, Inc.”. ³ Reported as “Diluted income per common share”.*

**Business Highlights**

-   Revenue decline driven by roughly 12% fewer home deliveries despite modest price increases, with sale of homes revenue down about 11.7% in the quarter and about 10.0% year to date.
-   Channel and product mix shifted toward quick move-in (QMI) homes to accelerate pace, while there was a modest return to more to‑be‑built contracts that typically carry higher margins.
-   Operational focus on shortening construction cycles, implementing national cost-reduction initiatives and offering increased incentives such as rate buydowns to support closings.
-   Geographic performance varied: Northeast and West experienced delivery declines and mix shifts, while the Southeast posted modest YTD revenue growth but saw lower profitability in some periods.
-   Liquidity-funded growth continued with substantial land and development investment of $644.9M year to date to expand future community inventory.

Original SEC Filing: HOVNANIAN ENTERPRISES INC \[ HOV \] - 10-Q - Aug. 28, 2026

**Disclaimer**

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**