Hovnanian Enterprises Inc., one of the top 20 homebuilders in the United States, reported recent operating and financial results in a newly released investor presentation. The company highlighted that, for the twelve months ended July 31, 2025, it controlled 40,246 lots across its Northeast, West, and Southeast segments. Home deliveries over the year ending October 31, 2024, consisted of 40% first-time homes, 29% move-up, 19% active lifestyle, and 12% luxury homes. For the third quarter, total revenues increased from $723 million in the previous year's quarter to $801 million. The adjusted homebuilding gross margin improved to 22.1%, up from 17.3% in the prior year's quarter. Total SG&A as a percentage of total revenues decreased from 12.4% to 11.3%. Adjusted income before income taxes rose to $100 million, compared to $40 million in the same quarter last year. You can access the full presentation through the link below.