Short answer
NVR, Inc. (NVR) filed an 8-K current report with the SEC on April 22, 2026 reporting Item 2.02 (Results of Operations and Financial Condition), Item EX-99.1 (Exhibit EX-99.1). Q1 2026 results for quarter ended March 31, 2026, released April 22, 2026.
NVR, Inc. 8-K event analysis
AI summary of each reported item and its exhibits
Item 2.02 · Results of Operations and Financial Condition
- Q1 2026 results for quarter ended March 31, 2026, released April 22, 2026
- Financial details contained in Exhibit 99.1 press release
- Results furnished under Regulation FD, not filed under Exchange Act Section 18
Item EX-99.1 · Exhibit EX-99.1
- Q1 2026 net income fell 34% to $198.4M, while revenue declined 22% to $1.88B, signaling materially weaker operating performance
- New orders rose 7% to 5,738 units and cancellations improved to 14%, but average order price fell 2% to $440,100
- Settlements dropped 22% to 4,015 units, while backlog value declined 3% to $4.70B despite stable backlog units
- Homebuilding margin compressed to 19.6% from 21.9% amid pricing pressure and higher lot costs; segment pretax income fell 39%
- Mortgage closings decreased 27% to $1.05B, with mortgage banking pretax income down 17% to $27.1M
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