Short answer
NVR, Inc. (NVR) filed its Q1 2026 10-Q quarterly report on May 6, 2026 for the quarter ended Mar 31, 2026. Quarterly revenue was $1.9B (down 21.7% year over year) with net income of $198M.
Q1 2026 key financials · XBRL
- Revenue
- $1.9B
- −21.7% YoY
- Net income
- $198M
- −33.8% YoY
- EPS (diluted)
- $67.76
- −28.5% YoY
Source: XBRL data from the NVR, Inc. (NVR) Q1 2026 10-Q on SEC EDGAR. USD.
NVR, Inc. Q1 2026 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Revenue $1.881B, down 22% YoY; net income $198.359M, down 34%
- Homebuilding gross margin 19.6% vs 21.9% YoY; SG&A margin 8.6% vs 7.0%
- Best segment Mid Atlantic: $738.026M revenue and 22.2% margin; worst South East: 17.4% margin
- Cash $1.700B, plus $288.800M unused revolver capacity and $150M mortgage facility capacity
- Outlook: affordability, inventory, sentiment, volatility, higher land costs and community repositioning pressuring demand and margins
Risk Factors
- No risk-factors section provided in the submitted filing text
- New $750 million share-repurchase authorization announced February 11, 2026
- Prior $750 million authorization fully utilized during the quarter
- 90,180 shares repurchased at average $7,007.72 per share
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
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