v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS (Current Period Unaudited) - USD ($)
$ in Thousands
Jul. 31, 2026
Oct. 31, 2025
ASSETS    
Total assets $ 2,861,058 $ 2,633,913
LIABILITIES AND EQUITY    
Senior notes and credit facilities (net of discounts, premiums and debt issuance costs) 902,492 900,718
Total liabilities 2,040,102 1,802,978
Hovnanian Enterprises, Inc. stockholders' equity:    
Preferred stock, $0.01 par value - authorized 100,000 shares; issued and outstanding 5,600 shares with a liquidation preference of $140,000 at July 31, 2026 and October 31, 2025 135,299 135,299
Paid in capital - common stock 752,820 757,391
Retained Earnings 138,093 127,326
Treasury stock - at cost – 1,523,992 shares of Class A common stock at July 31, 2026 and 1,348,087 shares at October 31, 2025; 27,669 shares of Class B common stock at July 31, 2026 and October 31, 2025 (207,621) (189,154)
Total Hovnanian Enterprises Inc. stockholders’ equity 818,666 830,935
Noncontrolling interest 2,290 0
Total equity 820,956 830,935
Total liabilities and equity 2,861,058 2,633,913
Common Class A [Member]    
Hovnanian Enterprises, Inc. stockholders' equity:    
Common stock 66 65
Common Class B [Member]    
Hovnanian Enterprises, Inc. stockholders' equity:    
Common stock 9 8
Home Building [Member]    
ASSETS    
Cash and cash equivalents 249,090 272,772
Restricted cash 9,208 12,608
Sold and unsold homes and lots under development 1,267,287 1,132,798
Land and land options held for future development or sale 178,913 171,793
Consolidated inventory not owned 348,244 332,879
Total inventories 1,794,444 1,637,470
Investments in and advances to unconsolidated joint ventures 155,086 163,469
Receivables, deposits and notes, net 49,603 26,454
Property and equipment, net 56,223 50,539
Goodwill 31,705 0
Deferred tax assets, net 224,442 229,617
Prepaid expenses and other assets 128,537 89,773
Total assets 2,698,338 2,482,702
LIABILITIES AND EQUITY    
Nonrecourse mortgages secured by inventory, net of debt issuance costs 32,411 29,494
Accounts payable and other liabilities 466,507 438,920
Customers’ deposits 235,355 46,376
Liabilities from inventory not owned, net of debt issuance costs 228,622 244,723
Senior notes and credit facilities (net of discounts, premiums and debt issuance costs) 902,492 900,718
Accrued interest 33,017 11,874
Total liabilities excluding income taxes payable 1,898,404 1,672,105
Financial Services [Member]    
ASSETS    
Total assets 162,720 151,211
LIABILITIES AND EQUITY    
Total liabilities excluding income taxes payable $ 141,698 $ 130,873