NVR, Inc.

NVR, Inc.NVREarnings & Financial Report

NYSE · Consumer Discretionary · Homebuilding

NVR, Inc. is an American company engaged in home construction headquartered in Reston, Virginia. It also operates a mortgage banking and title services business. The company primarily operates on the East Coast of the United States, but its operations encompass 14 states as well as Washington, D.C. In 2021, 22% of the company's revenue was from the Washington metropolitan area.

NVR Q1 FY2026 Key Financial Metrics

Revenue

$1.8B

Gross Profit

$3.3B

Operating Profit

N/A

Net Profit

$198.4M

Gross Margin

180.4%

Operating Margin

N/A

Net Margin

10.8%

YoY Growth

-21.9%

EPS

$67.76

NVR, Inc. Q1 FY2026 Financial Summary

NVR, Inc. reported revenue of $1.8B (down 21.9% YoY) for Q1 FY2026, with a net profit of $198.4M (10.8% margin). Cost of goods sold was $-1.5B.

Key Financial Metrics

Total Revenue$1.8B
Net Profit$198.4M
Gross Margin180.4%
Operating MarginN/A
Report PeriodQ1 FY2026

NVR, Inc. Annual Revenue by Year

NVR, Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $10.3B).

YearAnnual Revenue
2025$10.3Bvs 2024
2024$10.5Bvs 2023
2023$9.5Bvs 2022
2022$10.5B

NVR, Inc. Quarterly Revenue & Net Profit History

NVR, Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.

QuarterRevenueRevenue YoYNet ProfitNet Margin
Q1 FY2026$1.8B-21.9%$198.4M10.8%
Q4 FY2025$2.7B-4.7%$363.8M13.4%
Q3 FY2025$2.6B-4.5%$342.7M13.1%
Q2 FY2025$2.6B-0.5%$333.7M12.8%
Q1 FY2025$2.4B+3.0%$299.6M12.5%
Q4 FY2024$2.8B+17.0%$457.4M16.1%
Q3 FY2024$2.7B+6.4%$429.3M15.7%
Q2 FY2024$2.6B+11.7%$400.9M15.3%

Income Statement

Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026
Revenue$2.61B$2.73B$2.85B$2.40B$2.60B$2.61B$2.71B$1.83B
YoY Growth11.7%6.4%17.0%3.0%-0.5%-4.5%-4.7%-21.9%

Balance Sheet

Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026
Assets$6.41B$6.49B$6.38B$6.20B$5.94B$6.04B$5.86B$5.59B
Liabilities$2.27B$2.22B$2.17B$2.24B$2.09B$2.07B$1.99B$2.09B
Equity$4.13B$4.27B$4.21B$3.95B$3.85B$3.97B$3.86B$3.49B

Cash Flow

Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025
Operating CF$232.7M$358.3M$637.0M$207.8M$35.1M$438.7M$439.7M