NVR reports lower third quarter earnings and revenues due to affordability challenges
Net income fell 27% to $248.6 million while consolidated revenues decreased 8% to $2.40 billion compared to the prior year period.
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Homebuilder, mortgage lender, and building-products supplier
nvrinc.comLast updated
In short: NVR reported declining quarterly earnings and revenues amid margin pressure, affordability challenges, and housing-market headwinds.
Net income fell 27% to $248.6 million while consolidated revenues decreased 8% to $2.40 billion compared to the prior year period.
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.
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