NVR, INC. ANNOUNCES THIRD QUARTER RESULTS
Key Highlights
- ➤Q3 net income $248.6M, down 27% year over year
- ➤Q3 diluted EPS $89.45, down 20% year over year
- ➤Q3 revenue $2.40B, down from $2.61B
- ➤New orders fell 7% to 4,391 units; cancellation rate rose to 21%
- ➤Backlog increased 10% to 10,121 units, reaching $4.59B
RESTON, Va., Oct. 22, 2026 /PRNewswire/ -- NVR, Inc. (NYSE: NVR), one of the nation's largest homebuilding and mortgage banking companies, announced net income for its third quarter ended September 30, 2026 of $248.6 million, or $89.45 per diluted share. For the third quarter ended September 30, 2026, net income and diluted earnings per share decreased 27% and 20%, respectively, when compared to 2025 third quarter net income of $342.7 million, or $112.33 per diluted share. Consolidated revenues for the third quarter of 2026 totaled $2.40 billion, compared to $2.61 billion in the third quarter of 2025.
For the nine months ended September 30, 2026, consolidated revenues were $6.61 billion, a 13% decrease from $7.61 billion reported for the same period of 2025. Net income for the nine months ended September 30, 2026 was $683.4 million, a decrease of 30% when compared to net income for the nine months ended September 30, 2025 of $976.0 million. Diluted earnings per share for the nine months ended September 30, 2026 was $240.54, a decrease of 24% from $315.33 per diluted share for the same period of 2025.
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