Hovnanian generated $631952000 in total revenue in Q1 2026 and net income of $20859000, as homebuilding gross margin compressed year-over-year, partially offset by disciplined SG&A and strong liquidity of $471400000.
Total revenues were $631952000, down year-over-year.
Net income was $20859000 with diluted EPS of $2.62.
Homebuilding gross margin percentage declined to 10.1%.
Total liquidity remained strong at $471400000.
For Q2 fiscal 2026, the company expects total revenues between $625000000 and $725000000 and adjusted EBITDA between $30000000 and $40000000.
Visualization of income flow from segment revenue to net income
Analyze how earnings announcements historically affect stock price performance