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NVR INC Q1 FY26 Results

NVRQ1 FY26 Results
Filing
MetricValue ($ M)Q1 FY25
Revenue1.9K21.7%
Total Income1.9K21.7%
Expenditure1.6K18.6%
PBT—
Net Profit198.3633.8%
OPM—
NPM10.54%1.92pp
EPS71.3329.0%
View full financials

NVR, Inc. Announces Q1 2026 Results: Net Income $198.4 Million

22 Apr 2026 · 22 Apr, 11:34 pm

Summary

NVR, Inc. announced its first quarter results for the period ended March 31, 2026. The company reported a net income of $198.4 million, or $67.76 per diluted share, which represents a 34% decrease compared to the same quarter in 2025. Consolidated revenues totaled $1.88 billion, reflecting a 22% decrease year-over-year. New orders in the homebuilding segment increased by 7% to 5,738 units, while mortgage closed loan production decreased by 27% to $1.05 billion.

Key Highlights

  1. 1

    NVR, Inc. reported net income of $198.4 million, or $67.76 per diluted share, for the first quarter ended March 31, 2026.

  2. 2

    Net income decreased by 34% compared to the first quarter of 2025.

  3. 3

    Consolidated revenues for the first quarter of 2026 totaled $1.88 billion, a decrease of 22% from the first quarter of 2025.

  4. 4

    New orders in the first quarter of 2026 increased by 7% to 5,738 units.

  5. 5

    Homebuilding revenues decreased by 22% to $1.83 billion in the first quarter of 2026.

  6. 6

    Mortgage closed loan production in the first quarter of 2026 totaled $1.05 billion, a decrease of 27% compared to the first quarter of 2025.

  7. 7

    Income before tax from the mortgage banking segment totaled $27.1 million in the first quarter of 2026, a decrease of 17% compared to the first quarter of 2025.

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