NVR Q1 FY26 net income drops 34% to $198.36 million; revenue falls 22% to $1.88 billion
NVR, Inc.
NVR, Inc. NVR | 0.00 |
- NVR posted Q1 net income of USD 198.36 million, down 34%, as revenue slid 22% to USD 1.88 billion.
- Diluted EPS fell 29% to USD 67.76, while homebuilding gross margin narrowed 2.3 percentage points to 19.6%.
- New orders rose 7% to 5,738 units, though average new order price dipped 2% to USD 440.1.
- Backlog was flat at 10,171 units, while backlog value eased 3% to USD 4.7 billion.
- Management flagged continued demand pressure from affordability, elevated inventory in some markets, consumer sentiment, and economic volatility, while warning of margin pressure from higher land prices and community repositioning.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. NVR Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000906163-26-000040), on May 06, 2026, and is solely responsible for the information contained therein.
