10-Q quarterly report · filed Aug 5, 2026

NVR, Inc. (NVR) Q2 2026 10-Q Quarterly Report

Short answer

NVR, Inc. (NVR) filed its Q2 2026 10-Q quarterly report on Aug 5, 2026 for the quarter ended Jun 30, 2026. Quarterly revenue was $2.3B (down 10.5% year over year) with net income of $236M.

Q2 2026 key financials · XBRL

Revenue
$2.3B
−10.5% YoY · +23.7% QoQ
Net income
$236M
−29.1% YoY · +19.2% QoQ
EPS (diluted)
$83.62
−22.8% YoY · +23.4% QoQ

Source: XBRL data from the NVR, Inc. (NVR) Q2 2026 10-Q on SEC EDGAR. USD.

NVR, Inc. Q2 2026 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Revenue $2,326,356, down 10% YoY; net income $236,458, down 29%
  • Homebuilding gross margin 19.2% vs 21.5% YoY; SG&A 6.6% vs 5.9%
  • Best segment North East: 22.0% gross margin and $38,933 segment profit
  • Worst segment Mid Atlantic: revenue $879,532, down 22%; segment profit $105,550, down 45%
  • Outlook: affordability, inventory, sentiment and volatility pressuring demand; higher land costs expected to pressure margins

Risk Factors

  • No Risk Factors section provided; quarter-over-quarter changes cannot be assessed
  • New $750 million repurchase authorization announced May 8, 2026
  • Share repurchases totaled 54,716 shares at average $6,538.80
  • Mortgage-finance funding exposure evidenced by Fifth Amendment to Master Repurchase Agreement
  • No director or officer adopted or terminated a Rule 10b5-1 arrangement

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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