---
schema_version: "secwatch.filing_event.v1"
accession: "0001753926-25-001375"
form_type: "8-K"
ticker: "HOV"
cik: "0000357294"
company_name: "HOVNANIAN ENTERPRISES INC"
filed_at: "2025-08-21T23:59:59+00:00"
generated_at: "2026-05-17T10:58:26.130973+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Hovnanian Q3 net income falls to $16.6M; revenue up 11% but margins compress

## Summary
- Revenue $800.6M (+10.8% YoY); net income $16.6M ($1.99 diluted EPS) vs $72.9M ($9.75) YoY.
- Homebuilding gross margin after land charges declined to 11.7% from 19.1% YoY; adjusted EBITDA $77.1M vs $131.0M.
- Consolidated contracts +1.6% to 1,211 homes; backlog dollars down 27.6% to $838.8M; QMIs decreased 5.3% sequentially.
- Q4 guidance: rev $750-850M, adj homebuilding gross margin 15.0-16.5%, adj EBITDA $77-87M.

## SEC filing metadata
- accession: 0001753926-25-001375
- form_type: 8-K
- ticker: HOV
- cik: 0000357294
- company_name: HOVNANIAN ENTERPRISES INC
- filed_at: 2025-08-21T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/357294/000175392625001375/0001753926-25-001375-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/357294/000175392625001375/hov-20250821.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001753926-25-001375
- JSON: https://secwatch.observer/filing/0001753926-25-001375.json
- Plain text: https://secwatch.observer/filing/0001753926-25-001375.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.