Filing Flows › Hovnanian Enterprises (HOV) › Q3 FY26
Hovnanian Enterprises (HOV) Q3 FY26 earnings results (third quarter fiscal 2026)
10-Q filed Aug 28, 2026
Hovnanian Enterprises (HOV) reported revenue of $706M for the third quarter fiscal 2026 (Q3 FY26), -12% from a year earlier and +6% from the quarter before. Operating margin was -0.9%, net loss $2.2M (0.3% of revenue).
Hovnanian Enterprises, Q3 FY26: revenue $706M (-12% year over year), operating margin -0.9%, net loss $2.2M, operating cash flow −$24.0M. The chart follows the revenue to costs, profit and cash.
| Q3 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $706M | +6% | -12% |
| Operating profit | −$6.2M | -527% | -174% |
| Net earnings | −$2.2M | — | -113% |
| Operating cash flow | −$24.0M | — | -146% |
What changed
Revenue was $705.7M in Q3 FY26, down 12% year over year and up 6% from the previous quarter. Home Building was the largest line at 97% of revenue. Home Building lost $89.9M year over year (down 12%), 95% of the total change.
Operating costs exceeded revenue by $6.2M, an operating margin of -0.9%. Total costs fell 10% while revenue fell 12%. The quarter ended with a net loss of $2.2M, wider than the previous quarter's $595K loss. Non-operating items added $3.4M, -122% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$24.0M. Non-cash charges added back $3.7M of depreciation and amortization and $5.5M of share-based compensation. Working capital and other items used $31.0M. Capital expenditures of $3.8M exceeded it, leaving free cash flow of −$27.9M.
Questions
What was Hovnanian Enterprises' revenue in the third quarter fiscal 2026?
Hovnanian Enterprises (HOV) reported revenue of $706M for the third quarter fiscal 2026 (Q3 FY26), -12% from a year earlier and +6% from the quarter before.
Was Hovnanian Enterprises profitable in the third quarter fiscal 2026?
Operating loss was $6.2M (-0.9% of revenue) and net loss $2.2M.