NVR Q1 net income drops 34% to $198.4 million; revenue falls 22% to $1.88 billion

NVR, Inc.

NVR, Inc.

NVR

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  • NVR posted first-quarter net income of $198.4 million, down 34%.
  • Revenue fell 22% to $1.88 billion.
  • Homebuilding gross profit margin narrowed to 19.6% from 21.9%, due to pricing pressure and higher lot costs.
  • New orders rose 7% to 5,738 units; settlements dropped 22% to 4,015 units.
  • Mortgage closed loan production declined 27% to $1.05 billion.


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 PR Newswire (Ref. ID: 202604220900PR_NEWS_USPR_____PH40162) on April 22, 2026, and is solely responsible for the information contained therein.

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