| Metric | Value ($ M) | Q2 FY25 | Q3 FY24 |
|---|---|---|---|
| Revenue | 2.6K | 0.4% | 4.5% |
| Total Income | 2.6K | 0.4% | 4.5% |
| Expenditure | 2.2K | 0.6% | 1.3% |
| PBT | — | ||
| Net Profit | 342.69 | 2.7% | 20.2% |
| OPM | — | ||
| NPM | 13.13% | 0.29pp | 2.58pp |
| EPS | 119.26 | 4.1% | 14.6% |
NVR, Inc. Announces Q3 2025 Results: Net Income $342.7 Million
04 May 2026 · 4 May, 8:54 am
Summary
NVR, Inc. announced its third quarter results, reporting a net income of $342.7 million, a 20% decrease compared to the same period in 2024. Diluted earnings per share also decreased by 14% to $112.33. Consolidated revenues for the quarter totaled $2.61 billion, a decrease from $2.73 billion in the third quarter of 2024. The homebuilding segment experienced a decrease in revenues and gross profit margin, impacted by higher lot costs and pricing pressure.
Key Highlights
- 1
NVR, Inc. reported net income of $342.7 million, or $112.33 per diluted share, for the third quarter ended September 30, 2025.
- 2
Consolidated revenues for the third quarter of 2025 totaled $2.61 billion, compared to $2.73 billion in the third quarter of 2024.
- 3
New orders in the third quarter of 2025 decreased by 16% to 4,735 units compared to the third quarter of 2024.
- 4
The average sales price of new orders in the third quarter of 2025 was $464,800, an increase of 3% compared to the third quarter of 2024.
- 5
Settlements in the third quarter of 2025 decreased by 5% to 5,639 units, compared to 5,908 units in the third quarter of 2024.
- 6
Homebuilding revenues of $2.56 billion in the third quarter of 2025 decreased by 4% compared to the third quarter of 2024.
- 7
Gross profit margin in the third quarter of 2025 decreased to 21.0%, from 23.4% in the third quarter of 2024.
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