NVR announces second quarter results
Net income fell 29% to $236.5 million, with earnings per share of $83.96.
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Homebuilder, mortgage lender, and building-products supplier
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In short: NVR saw significant profit and revenue declines through mid-2026 while authorizing several $750 million share repurchase programs.
Net income fell 29% to $236.5 million, with earnings per share of $83.96.
The Board authorizes repurchasing up to $750 million of common stock without expiration. Purchases occur in open market or private transactions. As of May 7, 2026, 2,699,292 shares outstanding.
Net income reaches $198.4 million, down 34% from 2025. Revenues total $1.88 billion, decreasing 22%. New orders rise 7% to 5,738 units.
The Board authorizes repurchasing up to $750 million of common stock without expiration. Purchases occur in open market or private transactions.
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