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Hovnanian Enterprises (HOV) operating margin by quarter

Hovnanian Enterprises' operating margin was 4.0% in Q1 FY26 (first quarter fiscal 2026), +3.0 pts from Q3 FY25. Over the last 4 quarters it ranged from 1.0% (Q3 FY25) to 10.5% (Q4 FY24).

Hovnanian Enterprises operating margin by quarterHovnanian Enterprises operating margin by quarter10.5%Q4 FY242.5%Q2 FY251.0%Q3 FY254.0%Q1 FY26
QuarterOperating marginQ/QY/Y
Q1 FY264.0%+3.0 pts—
Q3 FY251.0%-1.5 pts—
Q2 FY252.5%-8.0 pts—
Q4 FY2410.5%——

Q1 FY26 at a glance

Hovnanian Enterprises, Q1 FY26: revenue $632M (-6% year over year), operating margin 4.0%, net earnings $18.2M, operating cash flow $141M. The chart follows the revenue to costs, profit and cash.

Questions

What is Hovnanian Enterprises' operating margin?

Hovnanian Enterprises' operating margin was 4.0% in Q1 FY26 (first quarter fiscal 2026), +3.0 pts from Q3 FY25.

How has Hovnanian Enterprises' operating margin changed?

Over the last 4 quarters it ranged from 1.0% (Q3 FY25) to 10.5% (Q4 FY24).

Q1 FY26 results → · How Hovnanian Enterprises makes money →