Filing Flows › Hovnanian Enterprises (HOV) › Q2 FY26
Hovnanian Enterprises (HOV) Q2 FY26 earnings results (second quarter fiscal 2026)
10-Q filed Jun 2, 2026
Hovnanian Enterprises (HOV) reported revenue of $668M for the second quarter fiscal 2026 (Q2 FY26), -3% from a year earlier and +6% from the quarter before. Operating margin was 0.2%, net loss $595K (0.1% of revenue).
Hovnanian Enterprises, Q2 FY26: revenue $668M (-3% year over year), operating margin 0.2%, net loss $595K, operating cash flow −$67.1M. The chart follows the revenue to costs, profit and cash.
| Q2 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $668M | +6% | -3% |
| Operating profit | $1.4M | -94% | -92% |
| Net earnings | −$595K | -103% | -103% |
| Operating cash flow | −$67.1M | -148% | -401% |
What changed
Revenue was $667.6M in Q2 FY26, down 3% year over year and up 6% from the previous quarter. Home Building was the largest line at 96% of revenue. Home Building lost $20.9M year over year (down 3%), 111% of the total change.
Operating profit was $1.4M, a 0.2% margin (down 2.3 points year over year). Total costs fell 0% while revenue fell 3%. The quarter ended with a net loss of $595K, after a profit of $20.9M the previous quarter. Net interest and other expense of $1.1M was the main reason.
Operating cash flow was −$67.1M. Non-cash charges added back $3.5M of depreciation and amortization and $1.8M of share-based compensation. Working capital and other items used $71.9M. Capital expenditures of $3.4M exceeded it, leaving free cash flow of −$70.5M.
Questions
What was Hovnanian Enterprises' revenue in the second quarter fiscal 2026?
Hovnanian Enterprises (HOV) reported revenue of $668M for the second quarter fiscal 2026 (Q2 FY26), -3% from a year earlier and +6% from the quarter before.
Was Hovnanian Enterprises profitable in the second quarter fiscal 2026?
Operating profit was $1.4M (0.2% of revenue) and net loss $595K.