Hovnanian Enterprises, Inc. filed a Form 8-K with the SEC on August 20, 2026, announcing preliminary financial results for its fiscal third quarter ended July 31, 2026, via an attached earnings press release.
Key Highlights
- Filing date: August 20, 2026, reporting under Item 2.02 (Results of Operations and Financial Condition).
- Reporting period: Fiscal third quarter ended July 31, 2026.
- Class A Common Stock (ticker HOV) is listed on the New York Stock Exchange; Depositary Shares (ticker HOVNP) are listed on the Nasdaq Stock Market LLC.
- Signed by: Brad G. O'Connor, Chief Financial Officer of Hovnanian Enterprises, Inc.
- Non-GAAP measures disclosed include Adjusted EBITDA, Adjusted EBIT, Adjusted EBIT ROI, homebuilding gross margin before cost of sales interest expense and land charges, and Adjusted Investment.
- Furnished, not filed: The filing states the information "shall not be deemed filed" for purposes of Section 18 of the Securities Exchange Act of 1934.
Hovnanian Reports Preliminary Q3 2026 Results With Multiple Non-GAAP Disclosures
According to the filing, Hovnanian Enterprises, Inc., a Delaware-incorporated homebuilder headquartered at 90 Matawan Road, Fifth Floor, Matawan, New Jersey 07747, issued a press release on August 20, 2026, announcing preliminary financial results for the fiscal third quarter ended July 31, 2026. The full details of those results are contained in Exhibit 99.1, attached to the 8-K. The company's Class A Common Stock trades on the NYSE under the symbol HOV, while its Depositary Shares, each representing 1/1,000th of a share of 7.625% Series A Preferred Stock, trade on the Nasdaq Stock Market LLC under the symbol HOVNP.
The filing identifies several non-GAAP financial measures included in the earnings press release. These include EBIT, EBITDA, Adjusted EBITDA (which excludes inventory impairments, land option write-offs, and gain on extinguishment of debt, net), Adjusted EBIT, Adjusted EBIT ROI, homebuilding gross margin before cost of sales interest expense and land charges, adjusted (loss) income before income taxes, and Adjusted Investment. According to the filing, management believes these measures provide useful benchmarks for evaluating operating performance, though it cautions that they "do not take into account substantial costs of doing business, such as income taxes and interest expense" and should not be treated as substitutes for their respective GAAP equivalents.
The filing also notes that Adjusted EBIT ROI is calculated as the ratio of Adjusted EBIT for the trailing twelve months to the average Adjusted Investment for the prior five fiscal quarters, and that the company's calculations of these non-GAAP measures "may be different than the respective calculations used by other companies." Reconciliations for historical periods are stated to be contained within the earnings press release.
What Was Disclosed
Hovnanian Enterprises filed an 8-K on August 20, 2026, furnishing a press release with preliminary fiscal Q3 2026 results and describing several non-GAAP financial measures included in that release, with the filing signed by CFO Brad G. O'Connor.




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